6view

Owner Contacts

$263,755

NAL Estimated Property Value

1201 Grove Blvd Apt 1501, Austin, TX, 78741

Off Market

2 Beds

3 Bath

1,166 Sq Ft

$218.7 / sqft

Built in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Bathrooms Half 1

Garage Available

Heating

Cooling

AppliancesDryer, Dishwasher, Electric Water Heater, Free Standing Range, Disposal, Microwave, Refrigerator, Stainless Steel Appliances, Washer

FlooringCarpet, Vinyl, Wood

Exterior

Private 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

Welcome to 1501 at The Boulevard! A small, well-maintained gated community, The Boulevard is walking distance to Roy G. Guerrero Park and disc golf course. The two-story two-bedroom floor plan features a rare attached one-car garage, two full baths upstairs and a half-bath downstairs. This is a corner unit so residents enjoy wonderful natural light throughout the condo. The bathrooms have recently been remodeled and the kitchen/dining space opens nicely into the accommodating living area. Amenities include a private pool and indoor lounge area. Guerrero Park is full of open fields and shaded hike and bike trails which leads you right up to the shores of Lady Bird Lake. Just a 5-min drive to Downtown Austin and a 10-min drive to Austin-Bergstrom Airport. An exceptional location for those looking for a perfect balance between nature and convenience. BRAND NEW AC (2025). Refrigerator, washer, dryer and window treatments may all convey with acceptable offer.

Investor Tools

$263,755

Estimated Property Value

$236,284Estimated Mortgage Balance

$60,343Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,583 /month

Positive

Cash Flow Estimate:

$528 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$565/month

$297/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

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

Independent Bank

Conventional

$271,000

First

Oct 7, 2019

Nov 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$236,284

$27,471

10%

90%

$1,625/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,626/mo

$1,923/mo

$-297/mo

7.4%

Learn About the Market: Opportunity in Austin

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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.

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