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Owner Contacts

$498,000

NAL Estimated Property Value

1001 Walter ST 2, Austin, TX, 78702

Off Market

2 Beds

3 Bath

1,090 Sq Ft

Single Family Residence

$641.28 / sqft

Built in 2023

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Free-Standing Gas Range, Tankless Water Heater

FlooringLaminate, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard

Lot Size5,297 sqft

Building Information

Year Built2022

Stories2

Garage Spaces1

Land Information

APN02061230030000

Subdivision1001 Walter Condominiums

Land UseCondo

Legal Description1001 WALTER CONDOMINIUMS UNT 2 PLUS 50 % INT IN COM AREA

Census Tract000802

Assessed Land Value$171,875

Assessed Improvement Value$463,506

Assessment Year2025

About this property

Showings scheduled through online system. Welcome to one of the most loved areas of Austin where you will enjoy delicious restaurants, hike & bike trails and a TEXAS sized back yard. This home flows beautifully with a well-constructed open floor plan, high ceilings, refreshing natural light throughout and designer finishes hand selected by professionals. This home is 2 beds, 2.5 baths and 1,090 sqft that is brand new and is ready for you to create cherished memories in. The spacious garage allows your vehicle to fit along with some room for extra storage- such a nice feature! The quality and craftsmanship must be seen in person to truly appreciate. Schedule a private tour today.

Investor Tools

$498,000

Estimated Property Value

$0Estimated Mortgage Balance

$498,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,194 /month

Positive

Cash Flow Estimate:

$1,398 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,132/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$11,095

$491,581

2025

$171,875

$463,506

$635,381

Tax History

Year

Tax Paid

Assessed Value

2024

$11,095

$491,581

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$498,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,626/mo

N/A

+$1,626/mo

3.9%

Learn About the Market: Opportunity in Austin

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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.

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