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$249,110,000

701 W 24th ST 323, Austin, TX, 78705

Off MarketInfo
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths640 Sq Ft
price_per_sqft$1.88 / sqft
Year BuiltBuilt in 1985

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Free-Standing Range, Refrigerator, Self Cleaning Oven, Washer/Dryer Stacked, Electric Water Heater
FlooringLaminate, Tile

Exterior

Lot Size1.21 acres

Building Information

Year Built2024

Land Information

APN02140114280000
Lot Number8-10,38
SubdivisionDivision D
Land UseApartment 100+ Units
Legal DescriptionDIVISION D LOT 9 & 10 & 0.3851AC OF LOT 8 LESS W14.35FT OLT 38-39 DIV D
Census Tract000607
Assessed Land Value$7,882,617
Assessed Improvement Value$241,227,383
Assessment Year2025

About this property

PRE LEASE AUGUST @)@): Large 1 bedroom at desirable Cornerstone Condo's. This unit is larger than others at Cornerstone and can easily accommodate 2 students. Great tenant. Easy walk to campus and bus stops on the corner. Nice unit. Close to everything. All appliances convey. 1 assigned parking space at bottom of the stairs. Gated parking.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383,399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,355,242
$249,110,000
2025
$7,882,617
$241,227,383
$249,110,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,355,242
$249,110,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Oversea-Chinese Banking Corporation Limi
Credit Line (Revolving) / Heloc
$173,850,000
No
First
Nov 13, 2025
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,334,501
$76,775,499
30%
69%
$1,042,319/mo

Learn About the Market: Opportunity in Austin

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Explore

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.

Explore Texas Explore This Area
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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701 W 24th ST 323 | Property Details | No Agent List