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$249,000

NAL Estimated Property Value

909 Reinli 229, Austin, TX, 78751

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths615 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$300.65 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Refrigerator, Self Cleaning Oven
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,346 sqft

Building Information

Year Built1975
Stories1

Land Information

APN02251206760000
Lot Number229
SubdivisionVerandas At Uptown Condominiums
Land UseResidential
Legal DescriptionUNT 229 BLD 7 VERANDAS AT UPTOWN CONDOMINIUMS PLUS 1.1364 % INT IN COM AREA
Census Tract002105
Assessed Land Value$269
Assessed Improvement Value$175,381
Assessment Year2025

About this property

Rare Upstairs Corner Unit 1 bedroom at the Verandas at Uptown, a hip & highly walkable community near the new ACC Highland Mall Campus. Walk to 70+ places to eat, things to do and cool shops on Airport that fit your lifestyle. Expect wood floors, granite countertops, travertine tile in the showers, update lighting package, great storage, recessed LED lighting & low energy bills. It also has access to a dedicated Car-2-Go spot and only a short walk to the bus stop & MetroRail so you don't even need a car.

Investor Tools

Property Icon
$249,000
Estimated Property Value
$137,528Estimated Mortgage Balance
$111,472Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$460/month
$138/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,277
$175,650
2025
$269
$175,381
$175,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,277
$175,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$164,250
No
First
May 15, 2018
Jun 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,528
$111,472
44%
55%
$985/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$1,123/mo
+$577/mo
8.2%

Learn About the Market: Opportunity in Austin

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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.

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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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909 Reinli 229 | Property Details | No Agent List