ActiveResidential · sale

1322 12th

Austin, TX 78702

$575,000

  • 2 beds
  • 2 baths
  • 1,619 sq ft
  • Built 2020

Listed by Compass RE Texas, LLC · MLS #ACT3106289

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The open-concept layout flows seamlessly into the spacious living and dining areas, extending to a private covered balcony—an ideal spot to enjoy your morning coffee or unwind with a glass of wine.

Year built

Built in 2020.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Welcome to the largest 2-bedroom lock-and-leave condominium in the heart of walkable 78702. Thoughtfully designed with hardwood floors throughout, soaring 10-foot ceilings, and floor-to-ceiling windows, this light-filled residence offers an exceptional blend of style, comfort, and convenience.
At the heart of the home is a beautifully appointed kitchen featuring custom cabinetry, stainless steel appliances, and an oversized island perfect for cooking, gathering, and entertaining. The open-concept layout flows seamlessly into the spacious living and dining areas, extending to a private covered balcony—an ideal spot to enjoy your morning coffee or unwind with a glass of wine.
The spacious primary suite is a true retreat, complete with a large walk-in closet, abundant natural light, a private covered balcony, and a luxurious ensuite bath featuring dual vanities and an oversized glass-enclosed shower.
A generously sized secondary bedroom and full guest bath with a soaking tub provide the perfect setup for guests, roommates, or a home office.
The location is what truly sets this home apart. Enjoy walkability to some of East Austin's most iconic restaurants, including Franklin Barbecue, Paperboy, Nixta Taqueria, Sour Duck Market, and more. Just minutes from Downtown Austin, Lady Bird Lake, and the University of Texas, you'll have easy access to the city's best dining, entertainment, and outdoor recreation.
Additional highlights include all appliances conveying, two reserved covered parking spaces, and an HOA that allows owners to utilize the home as a short-term rental for up to 14 days per year, providing the opportunity to generate income during high-demand events like ACL, SXSW, and Formula 1.

THE NEIGHBORHOOD

Explore the location.

1322 12th, Austin, TX 78702

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Map position comes from the listing source. Open directions in Google Maps

THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
2020
Full baths
2
Half baths
0
Garage spaces
0
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Exhaust Fan, Gas Range, Refrigerator, Stainless Steel Appliance(s), Washer/Dryer Stacked, Tankless Water Heater
Flooring
Tile, Wood
Fencing
Gate
Accessibility
None
Pool features
None
Subdivision
Angelina + 12th Condominiums
Parcel
02072820050000
HOA
Angelina + 12th Condos
HOA amenities
Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Trash, Water
HOA fee frequency
Monthly
Elementary school
Blackshear
Middle school
Kealing
High school
Eastside Early College
Annual property tax
$11,442.00
HOA fee
$551.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase$224.87
Estimated monthly rent$2,395.83
Cap rate0.72%

Annual operating income: $4,135.97

Have ERA review this rental estimate

Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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1322 12th, Austin, TX 78702 · MLS #ACT3106289

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Listing information

MLS #ACT3106289 · Austin Board of Realtors

Listing brokerage: Compass RE Texas, LLC
Listing agent: Sydney Grubb

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.