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$266,898

935 La Posada DR 247, Austin, TX, 78752

Off Market

2 Beds

2 Bath

850 Sq Ft

Condos / Townhouses

$352.82 / sqft

Built in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Electric Oven, Plumbed For Ice Maker, Free-Standing Electric Range, Free-Standing Refrigerator, Stainless Steel Appliance(s), Vented Exhaust Fan

FlooringLaminate

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size2,174 sqft

Building Information

Year Built1980

Stories2

Roof Type112

Land Information

APN02281407690000

Lot Number247

SubdivisionFlats At 935 Condominiums The

Land UseResidential

Legal DescriptionUNT 247 BLD 4 FLATS AT 935 CONDOMINIUMS THE PLUS 1.98 % INT IN COM AREA

Census Tract043400

Assessed Land Value$21,750

Assessed Improvement Value$245,148

Assessment Year2025

About this property

Centrally located in the heart of Austin. The entire complex was renovated in 2018. This unit will come fully furnished with two private bedrooms and two bathrooms. Quick access to downtown, UT, Mueller, I35, HWY183 and HWY290. Kitchen is equipped with stainless steel appliances, granite countertops. Two-story ceiling in living room, wood burning fireplace, modern vinyl plank flooring, recessed lighting, double-paned windows. Covered balcony. Clubhouse has a gym, pool, BBQ area, media room and conference room. HOA includes basic cable, internet, and property maintenance. Separate electric bill for individual unit plus shared bill on all other utilities. "water, sewer, electric, trash, gas" Condo includes TWO reserved parking spaces #42. 100% financing option available with Prosperity Bank.

Investor Tools

$266,898

Estimated Property Value

$0Estimated Mortgage Balance

$35,926Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,799 /month

Positive

Cash Flow Estimate:

$600 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$615/month

$260/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,045

$266,898

2025

$21,750

$245,148

$266,898

Tax History

Year

Tax Paid

Assessed Value

2024

$6,045

$266,898

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Pacific Mortgage Corp

Conventional

$244,000

First

May 11, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$230,972

$35,926

13%

87%

$1,463/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,626/mo

$1,723/mo

$-97/mo

7.3%

Learn About the Market: Opportunity in Austin

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