1view

Owner Contacts

$667,709

NAL Estimated Property Value

1501 Damon RD 1, Austin, TX, 78745

Off Market

4 Beds

3 Bath

2,248 Sq Ft

Single Family Residence

$344.75 / sqft

Built in 2023

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Garage Available

Heating

Cooling

AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesPrivate Yard

Lot Size7,971 sqft

Building Information

Year Built2022

Stories2

Garage Spaces1

Land Information

APN04221509020000

Subdivision1501 Damon Road Condominiums

Land UseCondo

Legal Description1501 DAMON ROAD CONDOMINIUMS UNT 1 PLUS 65 % INT IN COM AREA

Census Tract002424

Assessed Land Value$178,750

Assessed Improvement Value$488,959

Assessment Year2025

About this property

Brand new construction from Carr Residential. Backed by 1-2-10 Warranty. Phenomenal open concept floor plan – ideal for entertaining and offers seamless indoor/outdoor living. Features include stunning hardwood floors throughout, quartz countertops, charming breakfast nook, picture windows, and a Whirlpool stainless steel appliance package. Stunning primary suite showcasing a huge walk-in closet and walk-in shower. A privately fenced backyard is the perfect canvas to create the backyard of your dreams. Spray foam insulation, tankless hot water, and an attached single-car garage. Less than 10 mins to the newest entertainment district on S Menchaca Rd featuring plenty of venues to grab your favorite food or drinks – Armadillo Den, Moontower, Luster Pearl, South Austin Beer Garden, and Indian Roller. Fantastic location with just a short trip to downtown Austin, North Austin tech hub, Samsung, Tesla, Austin FC Stadium, & the Domain. Easy access to I-35, 183, Mopac, and 45 toll. *Site Condo - No HOA dues*

Investor Tools

$667,709

Estimated Property Value

$550,065Estimated Mortgage Balance

$117,644Estimated Equity

17% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,650 /month

Positive

Cash Flow Estimate:

$1,550 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,331/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$12,637

$667,709

2025

$178,750

$488,959

$667,709

Tax History

Year

Tax Paid

Assessed Value

2024

$12,637

$667,709

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Hometown Lenders Inc

Conventional

$581,091

First

May 10, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$550,065

$117,644

17%

82%

$3,484/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,540/mo

$3,484/mo

$-944/mo

4.6%

Learn About the Market: Opportunity in Austin

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 This Area