27
Map
$575,000
●
House -
Off Market
406 Franklin BLVD #2
Austin, TX 78751
2 Beds
2 Baths,
1
Half Bath
1,100 Ft²
$3,407
Est. Monthly
2.09%
Cap Rate
About This Property
Urban zen oasis! This fully detached North Loop condo blends modern
style with everyday comfort in one of Central Austin's most
sought-after neighborhoods. Soaring ceilings, white acacia wood
flooring, and abundant natural light create a bright, airy feel
throughout the home. Step outside to a private, fully fenced
backyard featuring a covered patio and plenty of space to relax or
entertain.
Ideally located just minutes from UT, Mueller, The Domain, and Q2 Stadium, this home offers unbeatable access to everything Austin has to offer. Enjoy a truly walkable lifestyle with local favorites like Home Slice Pizza and Epoch Coffee just around the corner!
Ideally located just minutes from UT, Mueller, The Domain, and Q2 Stadium, this home offers unbeatable access to everything Austin has to offer. Enjoy a truly walkable lifestyle with local favorites like Home Slice Pizza and Epoch Coffee just around the corner!
Unit Size
1,100 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$523
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1951
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 months ago (Unlock MLS #ACT1243063)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by Compass RE Texas, LLC | $575,000 | |
| Listed by Compass RE Texas, LLC | |||
Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Covered, Detached, Garage, Garage Door Opener
Garage Spaces: 1
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Recessed Lighting, Walk-In Closet(s), High Speed Internet, Ceiling-High, Interior Steps, Study/Home Office
Appliances: Gas Cooktop, Dishwasher, Disposal, Down Draft, Microwave, Tankless Water Heater, Built-In Oven(s)
Flooring Type: Wood
Fireplace Features: None
Exterior Details
Square Footage: 1100
Square Footage Source: $0
Green Sustainability
Security Features: Smoke Detector(s)
Property Condition: Resale, Excellent
Year Built Source: Public Records
Year Built: 2018
Waterfront Features: None
Levels: Two
Other Structures: None
Window Features: Skylight(s)
Construction Materials: HardiPlank Type
Patio and Porch Features: Covered, Patio
Pool Features: None
Lot Features: Level, Wooded
Lot Size Area: 7840.8
Lot Size Units: Square Feet
Lot Size Acres: 0.18
Lot Size Square Feet: 7840.8
Water Source: Public
Financial Details
Tax Map Number: 109
Tax Assessed Value: $669,000
Tax Annual Amount: $7,000
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: See Remarks
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/15/2026
|
2 Bed
|
2 Bath
|
1100 ft²
|
$575,000
2 Bed
2 Bath
1100 ft²
|
$575,000
05/15/2026
|
Katy Ozyurtcu
Keller Williams - Austin SW
|
Building Info
About North Loop
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Listed by: Katy Ozyurtcu
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-07-30 04:09:39
Data Source: Unlock MLS, MLS# ACT1243063
Details provided by Unlock MLS as Distributed by MLS Grid and may not match the public record.
Listed Office: Compass RE Texas, LLC - Listing courtesy of Unlock MLS
Phone: (512) 575-3644
Last Updated: 2026-07-30 04:09:39
Data Source: Unlock MLS, MLS# ACT1243063
Based on information from Unlock MLS (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some IDX listings have been excluded from this website.
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