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$577,000

NAL Estimated Property Value

1500 Ruth Ave B, Austin, TX, 78757

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,380 Sq Ft
price_per_sqft$289.86 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesFree-Standing Range
FlooringTile, Wood

Exterior

Lot Size4,883 sqft

Building Information

Year Built2009
Stories1
Roof Type105

Land Information

APN02320617030000
Lot NumberB
Subdivision1500 Ruth Condominiums
Land UseResidential
Legal DescriptionUNT B 1500 RUTH CONDOMINIUMS PLUS 43.0 % INT IN COM AREA
Census Tract001505
Assessed Land Value$169,313
Assessed Improvement Value$374,463
Assessment Year2025

About this property

Secluded 2009 Brentwood cottage & studio. 1380 total sf: 2/1 main house (768 sf) and one of a kind artist studio/workshop (612 sf) nestled within mature professional landscaping. House has 10’ ceilings, engineered hardwood floors, marble counters, recessed lighting Studio ideal for an artist, home office or workshop. High ceilings, foam insulation, gallery grade lighting, satin concrete floors, mini-split AC. Close to Burnet Rd restaurants. Shares HOA with front unit, but very private and no shared walls.Restrictions: Yes Sprinkler Sys:Yes

Investor Tools

Property Icon
$577,000
Estimated Property Value
$233,868Estimated Mortgage Balance
$343,132Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,462 /month
Positive
Cash Flow Estimate:
$1,154 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$758/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,216
$543,776
2025
$169,313
$374,463
$543,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,216
$543,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$230,000
No
First
Jun 20, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,868
$343,132
59%
41%
$1,679/mo

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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1500 Ruth Ave B | Property Details | No Agent List