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$239,000

1704-2 Redd, Austin, TX, 78745

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths493 Sq Ft
price_per_sqft$484.79 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater

Exterior

Lot Size2,060 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04081222030000
Subdivision1704 Redd Condominiums
Land UseResidential
Legal Description1704 REDD CONDOMINIUMS UNT 2 PLUS 33 % INT IN COM AREA
Census Tract002002
Assessed Land Value$94,050
Assessed Improvement Value$116,201
Assessment Year2026

About this property

A rare find in South Austin — this standalone studio offers something almost unheard of in this category: ZERO monthly HOA fees. Unlike many competing 1/1 properties with hundreds of dollars in monthly HOA dues, this home offers independence, dedicated parking, and the freedom of a detached residence without the added expense. This beautifully designed residence sits above its private carport, creating a boutique-retreat feel minutes from South Austin's best coffee shops, breweries, restaurants, and neighborhood favorites. Step into a light-filled great room with soaring vaulted ceilings and rich engineered wood floors. The designer kitchen — white shaker cabinetry, stainless steel appliances, butcher-block counters, and a tiled backsplash that makes everyday living feel elevated. The open living space flows into a private balcony overlooking mature trees, creating a true treetop-retreat atmosphere. The bathroom delivers boutique-hotel polish with striking black-and-white patterned tile, matte black fixtures, and a glass-enclosed shower finished in moody charcoal tile with a built-in niche. Perched above its private carport with dedicated parking below, this home offers rare separation and privacy. With ZERO monthly HOA fees, you're not paying hundreds each month for amenities and services you may never use. For investors, low carrying costs add to the appeal, while the detached design, private entrance, and South Austin location create flexibility for various ownership strategies. Buyers should independently verify any intended short-term rental use, licensing requirements, and applicable restrictions. Perfect for a first-time homeowner, student, lock-and-leave lifestyle, or investor seeking something different in the Austin market. Modern architecture. Thoughtful finishes. Standalone privacy. ZERO HOA fees. Minutes from it all. This is not your typical studio — and opportunities like this don't come around often.

Investor Tools

$144,412Estimated Mortgage Balance
$287,588Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

Interested in this property?

Artimus Salas

Texas Crossway Realty , LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,907
$210,251
2026
$94,050
$116,201
$210,251
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,907
$210,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Housemax Funding Llc
Commercial
$147,000
No
First
Oct 28, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,412
$287,588
66%
33%
$882/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$882/mo
+$708/mo
4.4%

City: Austin

1704-2 Redd | Property Details | No Agent List