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$1,722,265

NAL Estimated Property Value

1500 SCENIC DR 302, Austin, TX, 78703

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,378 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,444.12 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
AppliancesCooktop, Dishwasher, Dryer, Microwave, Refrigerator, Free-Standing Refrigerator, Electric Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Boat Slip, Dock, Lighting
Lot Size3,803 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN01160901060027
Lot Number101
SubdivisionLakehouse Condominium Community Amended
Land UseCondominiums
Legal DescriptionUNT 302 BLD A LAKEHOUSE CONDOMINIUM COMMUNITY AMENDED PLUS 4.5455% INTEREST IN COMMON AREA
Census Tract001602
Assessed Land Value$1,331,253
Assessed Improvement Value$391,012
Assessment Year2025

About this property

RARE opportunity for PRIME access to Lake Austin! Centrally located in the heart of Tarrytown, with a boat slip included at end of lease. Very exclusive marina that is currently on a 9-year wait list. Boat Slip was updated 3 years ago to fit a G23 boat including an extra wench for weight. Quick walk to famous Austin restaurants Hula Hut and Mozart's, as well as easy access to everything downtown has to offer. Community features gated entrance and garage access, with a pool that overlooks Lake Austin. Two assigned parking spaces. NO HOA DUES.

Investor Tools

Property Icon
$1,722,265
Estimated Property Value
$1,499,134Estimated Mortgage Balance
$223,131Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,940 /month
Positive
Cash Flow Estimate:
$3,980 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$32,778
$1,722,265
2025
$1,331,253
$391,012
$1,722,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$32,778
$1,722,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$1,515,000
No
First
May 27, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,499,134
$223,131
12%
87%
$9,447/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$9,447/mo
$-7,737/mo
1.2%

City: Austin

1500 SCENIC DR 302 | Property Details | No Agent List