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$1,465,200

516 E 40th ST 102, Austin, TX, 78751

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths396 Sq Ft
price_per_sqft$1.96 / sqft
Year BuiltBuilt in 1972

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesGas Cooktop, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size7,126 sqft

Building Information

Year Built1972
Stories2
Roof Type183

Land Information

APN02180610080000
Lot Number13-14
SubdivisionOaklawn Addn
Land UseCommercial
Legal DescriptionLOT 13-14 LESS S3.82FT OF BLK 8 OLT 12 DIV C OAKLAWN ADDN
Census Tract000302
Assessed Land Value$391,985
Assessed Improvement Value$1,073,215
Assessment Year2024

About this property

NEW OWNER!!!! Unit features tile floors and built-in bookcase. Unit upgrades to include fresh paint with accent wall, updated lighting, resurfaced counter tops, and 2" blinds. Unit available immediately and pre-leasing for Summer 2014.FEMA - Unknown

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,465,200
2024
$391,985
$1,073,215
$1,465,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,465,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Ballinger
Commercial
$760,000
No
First
Jun 3, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$580,499
$884,701
60%
40%
$4,557/mo

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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516 E 40th ST 102 | Property Details | No Agent List