Last 24 Hours
$274,900
1800 Lavaca St # A509, Austin, TX, 78701
On Market
2 Beds
1 Bath
919 Sq Ft
Condos / Townhouses
$299.13 / sqft
Built in 1966Property Lead Type:
BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1AppliancesDishwasher, Free Standing Range, Free Standing Refrigerator
FlooringTile, Wood
Exterior
Exterior FeaturesUncovered Courtyard
Lot Size405 sqft
Building Information
Year Built1966
Stories1
Garage Spaces1
Land Information
APN02100224110066
Lot Number514
SubdivisionGreenwood Towers Amended
Land UseCondominiums
Legal DescriptionUNT 509 BLD A GREENWOOD TOWERS AMENDED PLUS 1.18% INTEREST IN COMMON AREA
Census Tract000700
Assessed Land Value$203,550
Assessed Improvement Value$74,607
Assessment Year2025
About this property
Greenwood Towers is a mid-century mid-rise in the heart of everything happening in the downtown/UT area. Only two blocks from campus and four blocks from the State Capitol. It's hard to beat the value. Recent improvements include fresh paint, Luxury Vinyl Plank flooring throughout, new interior doors & hardware, and a new dishwasher. Wonderful, open views won't cramp your style. This unit includes one assigned garage space. The HOA fee includes everything: all utilities, maintenance, security, and on-site management. This makes budgeting your monthly finances easy!
Investor Tools
$239,655Estimated Mortgage Balance
$39,345Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$802/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,692
$278,157
2025
$203,550
$74,607
$278,157
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,692
$278,157
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Celebrity Home Loans Llc
Conventional
$260,000
No
First
Aug 31, 2022
Sep 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,655
$39,345
14%
86%
$1,559/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,361/mo
+$79/mo
10.5%
12.4%