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Days32Days on Market
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$595,000

1122 Colorado St Apt 1702, Austin, TX, 78701

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths821 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$724.73 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Range, Free-Standing Refrigerator
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size126 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN02080119060064
Lot Number1702
SubdivisionWestgate Condominium The Amended
Land UseHigh-Rise Condo/Apartment
Legal DescriptionUNT 1702 BLD A WESTGATE CONDOMINIUM THE AMENDED PLUS .5862 % INT IN COM AREA
Census Tract001101
Assessed Land Value$25,512
Assessed Improvement Value$621,725
Assessment Year2024

About this property

A spectacular condo in the Westgate Building across the street from the State Capitol. Tastefully updated two-bedroom / one-bathroom unit with hardwood floors, stone countertops, and a gourmet galley kitchen. The residence faces north/west, towards the UT campus and the hills of west Austin. Includes one reserved parking stall in the attached Westgate Condo parking garage. The Westgate features a great location, rooftop pool, and fitness facility. Ready for move-in.

Investor Tools

$0Estimated Mortgage Balance
$589,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Tom Patton

Thomas Andrew Patton

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,069/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,881
$498,583
2024
$25,512
$621,725
$647,237
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,881
$498,583

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$589,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$700/mo
+$1,740/mo
5.0%

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 1702 | Property Details | No Agent List