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$263,755

NAL Estimated Property Value

1201 Grove BLVD 1501, Austin, TX, 78741

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,088 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$246.32 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Water Heater, Free Standing Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Washer
FlooringCarpet, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size3,049 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN03051409940000
Lot Number1501
SubdivisionBoulevard A Condominium The Amended
Land UseResidential
Legal DescriptionUNT 1501 BOULEVARD A CONDOMINIUM THE AMENDED PLUS .8695 % INT IN COM AREA
Census Tract002325
Assessed Land Value$30,492
Assessed Improvement Value$233,263
Assessment Year2025

About this property

Well-maintained complex with one of the lowest HOA's in Austin, 10 minutes from downtown Austin & the airport. This bright and spacious condo is just a short walk from Roy Guerrero Park, Riverside Golf Course & ACC Campus. Recent upgrades include: HVAC system (2018) - Water heater (2013-2014) - Microwave (2017) - Garbage disposal (2019) - Carpet and padding (2019) - Engineered vinyl tile in kitchen, powder & laundry (2019) - Shingles about 4 years old. Covered patio. Attached garage & assigned parking.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$263,755
Estimated Property Value
$203,412Estimated Mortgage Balance
$60,343Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
$171/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,460
$263,755
2025
$30,492
$233,263
$263,755
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,460
$263,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Financial Resources Inc
Conventional
$204,000
No
First
Mar 18, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,412
$60,343
22%
77%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,395/mo
+$231/mo
7.4%

City: Austin

1201 Grove BLVD 1501 | Property Details | No Agent List