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$619,000

NAL Estimated Property Value

907 Redd St # 2, Austin, TX, 78745

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,346 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$520.06 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Built-In Gas Range, Dishwasher
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4,848 sqft

Building Information

Year Built2021
Stories2
Roof Type105
Garage Spaces1

Land Information

APN04100834030000
Subdivision907 Redd Street Site Condominiums
Land UseResidential
Legal DescriptionUNIT 2 907 REDD STREET SITE CONDOMINIUMS 50%INT IN COMMON AREA
Census Tract002002
Assessed Land Value$165,000
Assessed Improvement Value$452,849
Assessment Year2025

About this property

In the heart of South Austin, you'll find the spanking new 907 Redd. An exceptional floor plan with high ceilings and a spacious first floor make this home a great place to entertain. Beautiful kitchen with maple cabinets and a bold backsplash flows into the open living area with slider windows. Featuring 2 bedrooms, 2.5 bathrooms ADU plus a detached 1-car garage with a casita & full bath above the garage. This home is unlike anything else built in the neighborhood. There's plenty to see and do in this tranquil neighborhood, as well as close access to some of Austin's best restaurants, coffee shops, and nightlife.

Investor Tools

Property Icon
$619,000
Estimated Property Value
$511,384Estimated Mortgage Balance
$108,585Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,002
$617,849
2025
$165,000
$452,849
$617,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,002
$617,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$560,000
No
First
Sep 13, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$511,384
$151,616
22%
83%
$3,358/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$3,358/mo
$-1,648/mo
3.3%

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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907 Redd St # 2 | Property Details | No Agent List