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$623,000

NAL Estimated Property Value

1122 Colorado St Apt 1609, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,014 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$3.8 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesMicrowave, Electric Oven, Free-Standing Electric Range, Free-Standing Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size157 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN02080119060061
Lot Number1
SubdivisionWestgate Condominium The Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 1609 BLD A WESTGATE CONDOMINIUM THE AMENDED PLUS .7208 % INT IN COM AREA
Census Tract001101
Assessed Land Value$31,370
Assessed Improvement Value$572,141
Assessment Year2025

About this property

Spacious and well-maintained two-bedroom / two full bath condo unit on the 16th floor overlooking the State Governor's house and grounds. Corner unit with furniture and hardwood floors. One assigned parking stall in the attached Westgate Condo parking garage. Great downtown location across the street from the Capitol. Rooftop swimming pool, fitness center, and 24-hour front desk. No pets. Monthly rental rate includes: base HOA fees, electricity, water, basic cable, and trash service.

Investor Tools

Property Icon
$623,000
Estimated Property Value
$0Estimated Mortgage Balance
$623,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,738 /month
Positive
Cash Flow Estimate:
$1,246 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,385
$603,511
2025
$31,370
$572,141
$603,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,385
$603,511

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$623,000
100%
0%
$0/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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1122 Colorado St Apt 1609 | Property Details | No Agent List