2420 Drew Lane #2, Austin TX 78748
Austin, TX 78748 · Drew Lane
Condominium for sale in Drew Lane
Overview
Property Description
Welcome to Drew Lane, a boutique new construction community tucked away in the heart of South Austin! This to-be-built Laurel floor plan offers thoughtfully designed living spaces with the opportunity to personalize your home through available upgrades and finishes. Enjoy low-maintenance living with HOA-maintained lawn care, a community dog park, and a location that puts you minutes from the popular restaurants, coffee shops, and live music along Menchaca Road. Whether you're grabbing your morning coffee, meeting friends for dinner, or enjoying a night out, the best of South Austin is right around the corner. Experience the charm of an established neighborhood with the comfort and convenience of a brand-new home!
Financial Info
- Price
- $399,000
- $ / Sqft
- $312
- HOA
- Yes - Mandatory / $98 / Monthly
- HOA Name
- Drew Lane Condominiums
- HOA Includes
- Common Area Maintenance, Landscaping
- Tax Rate
- 2.04%
- Est. Taxes
- $8,160
- Tax Year
- 2026
- Exemptions
- None
Legal Info
- Address
- 2420 Drew Lane #2
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78748
- Subdivision
- Drew Lane
- Legal Description
- Lot 3 of Replat of Lot 2 Drew Lane Addition, Unit 7
- Parcel
- 1004420
Interior Features
- Floor
- Carpet, Tile, Vinyl
- Num Living
- 1
- Dining
- 1
- Kitchen
- Kitchen Island
- Appliances
- Cooktop, Dishwasher, Microwave, Free-Standing Electric Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan
- Laundry
- Laundry Closet, Main Level
- Master Bed
- Walk-In Closet(s)
- Master Main
- No
- Interior Features
- Ceiling Fan(s), Cathedral Ceiling(s), High Ceilings, Tray Ceiling(s), Stone Counters, Interior Steps, Kitchen Island, Recessed Lighting, Smart Thermostat, Stackable W/D Connections, Walk-In Closet(s), Carbon Monoxide Detector(s), Smoke Detector(s), Double Pane Windows, Low Emissivity Windows, Vinyl Windows
General Info
- Beds
- 3 Total / 3 Other Level
- Full / Half Baths
- 2 / 1
- Prop Type
- Residential
- Property Type
- Condominium
- Stories
- 2
- Year Built
- 2027 / To Be Built
- Square Feet
- 1,277 / Builder
- Garages
- 1
- Garage Desc
- Garage, Guest, Private
- Foundation
- Slab
- Roof
- Shingle
- Construction
- HardiPlank Type, Blown-In Insulation, Low VOC Insulation, Radiant Barrier
- Acres
- 0.07
- Lot Description
- Back Yard, Native Plants, Sprinkler - In-ground, Trees-Moderate
- Restrictions
- Deed Restrictions
- Flood Plain
- No
- View
- Neighborhood, Trees/Woods
- Water Access
- No
- Waterfront
- No
- Area
- SWE
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Internet-Cable, Internet-Fiber, Sewer Connected, Underground Utilities, Water Connected
- Heat
- Heat Pump
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- See Remarks
- Exterior Features
- Private Yard, Patio, Rear Porch
- Pool On Property
- No
- Area Amenities
- Common Grounds, Dog Park, Lock and Leave
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 16, 2026 | New Listing | — |
Taxes
TCAD account 1004420
Uses rates from the supplied 2026 TCAD package. The file does not identify adopted or proposed status.
| Taxing Entity | Rate per $100 | Taxable Value | Estimated Tax |
|---|---|---|---|
| AUSTIN COMM COLL DIST | 0.103400 | $67,822 | $70.13 |
| AUSTIN ISD | 0.925200 | $67,822 | $627.49 |
| CITY OF AUSTIN | 0.524017 | $67,822 | $355.40 |
| TRAVIS COUNTY | 0.375845 | $67,822 | $254.91 |
| TRAVIS COUNTY HEALTHCARE DISTRICT | 0.118023 | $67,822 | $80.05 |
| Ordinary property tax estimate | 2.046485 | $1,387.98 |
Informational estimate, not a tax bill or taxes paid. Exemptions and tax ceilings can make taxes differ from the combined rate multiplied by one taxable value. PID assessments and other special charges are excluded; collector coverage has not been established.
Source: Travis County
Schools
School Info
- District
- Austin ISD
- Elementary
- Kocurek
- Middle
- Bailey
- High
- Akins
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$3,031 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $3,031
- Principal & interest
- $2,018
- Property taxes
- $680
- Homeowners insurance
- $333
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $319,200 | $3,568 | $20,643 | $315,632 | |
| 2 | $315,632 | $3,807 | $20,404 | $311,825 | |
| 3 | $311,825 | $4,062 | $20,149 | $307,764 | |
| 4 | $307,764 | $4,334 | $19,877 | $303,430 | |
| 5 | $303,430 | $4,624 | $19,587 | $298,806 | |
| 6 | $298,806 | $4,934 | $19,277 | $293,873 | |
| 7 | $293,873 | $5,264 | $18,947 | $288,609 | |
| 8 | $288,609 | $5,617 | $18,594 | $282,992 | |
| 9 | $282,992 | $5,993 | $18,218 | $276,999 | |
| 10 | $276,999 | $6,394 | $17,817 | $270,605 |
- Year 1$315,632
- Principal paid
- $3,568
- Interest paid
- $20,643
- Starting balance
- $319,200
- Year 2$311,825
- Principal paid
- $3,807
- Interest paid
- $20,404
- Starting balance
- $315,632
- Year 3$307,764
- Principal paid
- $4,062
- Interest paid
- $20,149
- Starting balance
- $311,825
- Year 4$303,430
- Principal paid
- $4,334
- Interest paid
- $19,877
- Starting balance
- $307,764
- Year 5$298,806
- Principal paid
- $4,624
- Interest paid
- $19,587
- Starting balance
- $303,430
- Year 6$293,873
- Principal paid
- $4,934
- Interest paid
- $19,277
- Starting balance
- $298,806
- Year 7$288,609
- Principal paid
- $5,264
- Interest paid
- $18,947
- Starting balance
- $293,873
- Year 8$282,992
- Principal paid
- $5,617
- Interest paid
- $18,594
- Starting balance
- $288,609
- Year 9$276,999
- Principal paid
- $5,993
- Interest paid
- $18,218
- Starting balance
- $282,992
- Year 10$270,605
- Principal paid
- $6,394
- Interest paid
- $17,817
- Starting balance
- $276,999
Nearby
Courtesy of JBGoodwin REALTORS WC · (512) 502-7705
Listings courtesy of ACTRIS as distributed by MLS GRID.