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$382,000

810 Banister Ln #862, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths968 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$304.75 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Electric Range
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Uncovered Courtyard, Private Entrance
Lot Size2,004 sqft

Building Information

Year Built1980
Stories1

Land Information

APN04070608060000
Lot Number810
SubdivisionEight Hundred Banister Place
Land UseResidential
Legal DescriptionUNT 810 BLD A EIGHT HUNDRED BANISTER PLACE PLUS 2.9422% INTEREST IN COMMON AREA
Census Tract001307
Assessed Land Value$60,088
Assessed Improvement Value$194,247
Assessment Year2025

About this property

This charming condo is nestled in the perfect location of 78704 with easy access to major highways, walking distance to South Congress, & close to all the Downtown entertainment! Upon entry you are greeted by a wood-burning fireplace, large living room, and kitchen open to the living room with a breakfast bar. The condo also features vinyl plank floors throughout(no carpet) and a convenient half bath downstairs. The primary bedroom has its own private balcony that overlooks the courtyard! There is also a secondary bedroom & a full bathroom upstairs. This unit has a Private fenced-in back patio, storage room that has W/D connections, and 2 covered reserved parking spaces! Come see all it has to offer in such an amazing location!

Investor Tools

Property Icon
$382,000
Estimated Property Value
$0Estimated Mortgage Balance
$259,673Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
$326/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,030
$254,335
2025
$60,088
$194,247
$254,335
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,030
$254,335

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$147,500
No
First
Jan 9, 2018
Feb 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,327
$259,673
67%
32%
$885/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,920/mo
$1,211/mo
+$709/mo
6.0%

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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810 Banister Ln #862 | Property Details | No Agent List