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$239,953

1601 Faro DR 1103, Austin, TX, 78741

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths736 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$271.6 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size4,757 sqft

Building Information

Year Built1983
Stories1

Land Information

APN03071106440000
Lot Number1103
SubdivisionChambord Condominiums - Revised 1999
Land UseResidential
Legal DescriptionUNT 1103 BLD L CHAMBORD CONDOMINIUMS - REVISED 1999 PLUS .871% INTEREST IN COMMON AREA
Census Tract002325
Assessed Land Value$47,570
Assessed Improvement Value$192,383
Assessment Year2025

About this property

Charming updated 1 bedroom condo in a park like setting. Fresh paint and laminate flooring make this space special! The open floor plan flows wonderfully from the front entrance through the living and dining area to the kitchen. The space is light and bright with windows on the front of the home and a glass sliding door and window on the back. Wood burning fireplace with updated tile makes a great focal point and adds a cozy appeal on cool nights. Fully equipped kitchen includes stainless steel appliances and a breakfast bar that opens to the living room. There is a built-in bookcase in the living room for showcasing your treasures. Spacious bedroom features a bay window and double closet. Full bath has ample counter space and storage. Closet just outside the bedroom has room for a full size washer and dryer. Elegant covered patio. Foundation repaired (2020). Community is well maintained with mature landscaping, plenty of green space, and a sparkling pool. The layout of the community allows for a neighborhood feel. Nearby Roy Guerreo Metropolitan Park with trails, disc golf, and beach access to the Colorado River. Prime location close to restaurants, shops, grocery, etc. Easy access to Downtown, Oracle, and thoroughfares. Quick trip to the Airport. Pre-inspected! To be sold As-is.

Investor Tools

Property Icon
$239,953
Estimated Property Value
$0Estimated Mortgage Balance
$53,005Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$569/month
$206/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,624
$239,953
2025
$47,570
$192,383
$239,953
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,624
$239,953

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$207,500
No
First
Mar 23, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,948
$53,005
22%
78%
$1,245/mo

Learn About the Market: Opportunity in Austin

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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.

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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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