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B+
NoAgentList RatingHow are grades calculated?Info

$268,000

NAL Estimated Property Value

1201 GROVE BLVD 201, Austin, TX, 78741

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,007 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$297.82 / 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

Exterior

Lot Size3,049 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0305140906
Lot Number201
SubdivisionBoulevard A Condominium The Amended
Land UseTownhomes
Legal DescriptionUNT 201 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

OWNER FINANCING!!! 20% down payment - 5% interest Rate - 30-year amortization - 5-year balloon! Welcome to your perfect retreat! This meticulously maintained end-unit condo offers the ideal haven for individuals with bustling lifestyles who crave tranquility after a day's work. Unwind on your tree-shaded patio, sipping a refreshing cocktail while enjoying the serene views of the adjacent greenbelt – a peaceful oasis just steps from your door. Situated in a prime location, this condo is truly the "middle of everywhere." Boasting convenience, it's a swift 10-minute drive to downtown and the airport, strategically positioned near both a bus stop, UT shuttle stop, and a future Project Connect transit stop. But that's not all – right across the street, you'll find the Riverside golf course and the Austin Community College Campus. A block away lies the Austin Public Library, and a short distance takes you to the shores of Lady Bird Lake and the renowned Hike & Bike Trail. It's the epitome of accessible urban living! Step inside, and you'll be greeted by a thoughtfully designed open floor plan, creating a seamless flow throughout the living spaces. The kitchen is a chef's dream, equipped with stainless steel appliances that perfectly complement the modern aesthetic. The flooring received a stylish upgrade just a few years ago, ensuring a contemporary and chic ambiance. Practicality meets comfort with the inclusion of a refrigerator and a full stack washer and dryer – a thoughtful touch to simplify your daily routine. The single-car garage provides direct access to the kitchen, offering both convenience and security. Plus, an extra reserved parking spot is a fantastic perk for accommodating a second vehicle. Don't miss this exceptional opportunity to own a spacious, well-appointed condo in the heart of all that Austin has to offer. Your dream home awaits – where convenience, comfort, and style converge. Schedule a showing today and make this gem yours!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$226,164Estimated Mortgage Balance
$41,836Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

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

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$263,755

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Purelight Properties Llc
Unknown
$232,000
No
First
Nov 18, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,164
$41,836
15%
84%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,391/mo
+$235/mo
7.3%

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 201 | Property Details | No Agent List