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$292,000

1201 Grove BLVD 1301, Austin, TX, 78741

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,170 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200.77 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size3,049 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN03051409740000
Lot Number1301
SubdivisionBoulevard A Condominium The Amended
Land UseResidential
Legal DescriptionUNT 1301 BOULEVARD A CONDOMINIUM THE AMENDED PLUS .8695 % INT IN COM AREA
Census Tract002325
Assessed Land Value$30,492
Assessed Improvement Value$242,759
Assessment Year2025

About this property

Rare 3 bed condo located in the heart of the E. Riverside Corridor Development. This home was recently updated w/ wood floors, granite countertops, carpet, paint, Nest thermostat, toilets, & more! The 3rd bedroom has a built in Murphy Bed perfect for converting into a spacious office. The city's newest shopping & dining surrounds you & downtown is less than 7 minutes away. Lady Bird Lake is also right in your back yard making this home perfect anyone looking for urban convenience with outdoor abundance!Restrictions: Yes

Investor Tools

Property Icon
$292,000
Estimated Property Value
$0Estimated Mortgage Balance
$18,966Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,786
$273,251
2025
$30,492
$242,759
$273,251
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,786
$273,251

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$303,050
No
First
Feb 4, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$273,034
$18,966
6%
94%
$1,817/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,817/mo
+$271/mo
8.6%

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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1201 Grove BLVD 1301 | Property Details | No Agent List