Mediterranean home in Austin, TX
A Mediterranean home in Austin, TX, it offers 2 bedrooms and 1 bathroom across 1,002 square feet. The Mediterranean styling carries through the home's design.
| Price | $215,000 |
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| Beds | 2 |
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| Baths | 1 |
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| Sqft | 1002 |
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| Architectural style | Mediterranean (31% match) |
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| Address | 2918 Ranch Road 620 N #C115, Austin, TX 78734 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced below comparable homes.
- At $215K, this home is 81% below the $1.1M median for 365 similar Mediterranean homes in Austin, TX.
- That works out to $215 per square foot, 30% below the $308 comparable rate.
- On the market 22 days.
| This home | $215,000 |
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| Mediterranean median in Austin, TX | $1,149,000 (365 homes) |
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| Price per sq ft | $215 vs. $308 comps median |
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It is well below comparable homes, which can mean condition issues, a smaller lot or living area, a leasehold, or a data quirk. Check the source listing before getting excited. Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,558/month with 20% down at a 7.28% 30-year fixed rate. You would need about $66,792 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,177/mo |
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| Property tax (new-buyer reassessed rate) | $301/mo |
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| Homeowners insurance | $81/mo |
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| Total monthly | $1,558/mo |
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| Down payment (20%) | $43,000 |
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| Income needed | $66,792/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C- (54 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C- (54/100) |
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| Beats renting in | 5% of modeled paths |
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| Modeled 5-yr equity (median) | $89,392 |
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| Range (10th to 90th pct) | $48,874 to $136,989 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Austin, TX where local data is thin.
Local home values
Typical home values in Austin, TX have fallen about 14% over the past 5 years (-5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia