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Days34Days on Market
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$299,900

101 E 33rd ST 206, Austin, TX, 78705

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,165 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$257.42 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Freezer, Oven, Refrigerator
FlooringLaminate

Exterior

Private PoolPrivate Pool
Lot Size17,028 sqft

Building Information

Year Built1968
Stories3
Roof Type183

Land Information

APN02180420010000
Lot Number5&6
SubdivisionGrooms Addn
Land UseCommercial
Legal DescriptionLOT 5&6 BLK 14 DIV D GROOMS ADDN
Census Tract000500
Assessed Land Value$1,702,800
Assessed Improvement Value$4,972,080
Assessment Year2024

About this property

3-bedroom condo at Arches Condos offering 1,200 sqft with a functional, student-friendly layout. Each bedroom is well-sized, making it ideal for roommate living or leasing by the room. Located near Hancock Golf Course in the North Campus/UT area, with the University of Texas within walking distance. Easy access to nearby dining, retail, and major roads. Strong investment opportunity with consistent rental demand driven by the UT market. Works well for both investors and owner-occupants looking for a low-maintenance property in a prime location.

Investor Tools

$1,254,726Estimated Mortgage Balance
$5,420,154Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$40,049 /month
Positive
Cash Flow Estimate:
$13,350 /month

Interested in this property?

Jed Bricker

Austin Marketing + Development

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,781/month
$235/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$6,674,880
2024
$1,702,800
$4,972,080
$6,674,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$6,674,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Commercial
$1,273,350
No
First
Jul 30, 2025
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,254,726
$5,420,154
81%
19%
$7,635/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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101 E 33rd ST 206 | Property Details | No Agent List