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$899,000

900 S 1st St Unit 312, Austin, TX, 78704

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,639 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$548.51 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesOven, Convection Oven, Gas Cooktop, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Refrigerator, Wine Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,037 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01020116340000
Lot Number312
Subdivision900 S 1st Street Condominiums
Land UseResidential
Legal Description900 S 1ST STREET CONDOMINIUMS UNT 312 PLUS 1.7953 % INT IN COM AREA
Census Tract001311
Assessed Land Value$113,809
Assessed Improvement Value$711,370
Assessment Year2025

About this property

Situated at The Frank, this 3-bedroom, 2-bath residence offers sophisticated urban living with stunning downtown Austin skyline views. The open-concept floor plan is filled with natural light and extends seamlessly onto a private balcony, creating the perfect setting to enjoy morning coffee or take in the city lights. The upgraded kitchen is appointed with high-end appliances, including a wine refrigerator, and opens effortlessly to the living and dining areas. The spacious primary suite provides a relaxing retreat with a walk-in closet, dual vanities, and an oversized walk-in shower. Two additional bedrooms offer flexibility for guests or a home office. Thoughtfully designed for both comfort and functionality, the home also features a convenient in-unit laundry room and contemporary finishes throughout. Residents of The Frank enjoy an exceptional collection of amenities, including an expansive fitness center, dedicated co-working space, and spacious outdoor lounge areas with grilling stations for gathering and relaxing. Ideally located in one of Austin's most vibrant neighborhoods, the community is just moments from South First's acclaimed restaurants, coffee shops, boutiques, and entertainment, with convenient access to downtown and Lady Bird Lake. This residence combines elevated design, everyday convenience, and an unbeatable location. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Investor Tools

$654,211Estimated Mortgage Balance
$218,188Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,091/month
$573/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,765
$825,179
2025
$113,809
$711,370
$825,179
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,765
$825,179

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$756,000
No
First
Jul 2, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$654,211
$170,968
20%
76%
$3,067/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$3,640/mo
$-1,170/mo
3.4%

City: Austin

900 S 1st St Unit 312 | Property Details | No Agent List