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Owner Contacts

$284,000

NAL Estimated Property Value

1201 Grove BLVD 1202, Austin, TX, 78741

Off Market

2 Beds

3 Bath

1,068 Sq Ft

$336.99 / sqft

Built in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating

Cooling

AppliancesDryer, Washer Dryer Stacked, Dishwasher, Exhaust Fan, Electric Water Heater, Free Standing Electric Range, Disposal, Microwave, Refrigerator, Washer

FlooringCarpet, Laminate, Vinyl

Exterior

Private Pool

Exterior FeaturesNo Exterior Steps

Lot Size3,049 sqft

Building Information

Year Built2005

Stories1

Roof Type105

Garage Spaces1

Land Information

APN03051409710000

Lot Number1202

SubdivisionBoulevard A Condominium The Amended

Land UseResidential

Legal DescriptionUNT 1202 BOULEVARD A CONDOMINIUM THE AMENDED PLUS .8695 % INT IN COM AREA

Census Tract002325

Assessed Land Value$30,492

Assessed Improvement Value$235,498

Assessment Year2025

About this property

Best price at The Grove! Plus the seller is offering $3,000 towards the Buyer's closing costs. Great opportunity to own a townhome-style end unit not far from downtown. Through your private garage parking and extra driveway spot, enter into an open concept between the living room, dining area, and kitchen with breakfast bar. Upstairs there are two sizable bedrooms each with their own ensuite bathrooms. The Grove is a gated community with a private pool and lounge area that has nearby bus lines for getting around town and is close to Ladybird Lake, hike and bike trails, and the Riverside golf course. Refrigerator and washer/dryer included.

Investor Tools

$284,000

Estimated Property Value

$511,898Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,159 /month

Positive

Cash Flow Estimate:

$720 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$729/month

$226/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,323

$265,990

2025

$30,492

$235,498

$265,990

Tax History

Year

Tax Paid

Assessed Value

2024

$7,323

$265,990

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$269,925

First

Jul 7, 2023

Aug 2038

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$511,898

N/A

180%

$3,238/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,626/mo

$3,464/mo

$-1,838/mo

6.9%

Learn About the Market: Opportunity in Austin

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