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$531,000

NAL Estimated Property Value

1101 Shoal Creek BLVD 8, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,266 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$347.55 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Dishwasher, Disposal, Microwave
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1,459 sqft

Building Information

Year Built1961
Stories2
Roof Type114

Land Information

APN02080021090000
Lot Number8
SubdivisionTerrace On Shoal Creek
Land UseResidential
Legal DescriptionUNT 8 TERRACE ON SHOAL CREEK PLUS 5.0 % INT IN COM AREA
Census Tract001101
Assessed Land Value$145,926
Assessed Improvement Value$249,342
Assessment Year2025

About this property

This beautiful two-story condo in Downtown Austin offers a functional floor plan and boasts wood floors, concrete countertops, a glass mosaic tile backsplash, and stainless steel appliances. With such a great location close to just about everything, a car is optional. Walk to Castle Hill Fitness Gym & Spa around the corner for your daily workout, pick up groceries at Whole Foods Market, meet friends for dinner at the variety of nearby restaurants, or picnic at Duncan Park.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$531,000
Estimated Property Value
$302,140Estimated Mortgage Balance
$228,860Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$395,268
2025
$145,926
$249,342
$395,268
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$395,268

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Realmortgage Inc
Conventional
$334,700
No
First
Apr 6, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,140
$228,860
43%
57%
$2,007/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,332/mo
+$108/mo
5.5%

Learn About the Market: Opportunity in Austin

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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.

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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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1101 Shoal Creek BLVD 8 | Property Details | No Agent List