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$249,900

1601 Faro DR 1303, Austin, TX, 78741

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
price_per_sqft$277.67 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Range, Disposal, Microwave, Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size5,815 sqft

Building Information

Year Built1983
Stories1

Land Information

APN03071106520000
Lot Number1303
SubdivisionChambord Condominiums - Revised 1999
Land UseResidential
Legal DescriptionUNT 1303 BLD N CHAMBORD CONDOMINIUMS - REVISED 1999 PLUS 1.065% INTEREST IN COMMON AREA
Census Tract002325
Assessed Land Value$58,166
Assessed Improvement Value$213,689
Assessment Year2025

About this property

Pre-inspected, Charming two bedroom open concept condo w/ high ceilings in living and master BR and updates including sculptured tile throughout, stainless appliances, granite counters, tiled shower. Located in quiet, well maintained complex w/ mature trees & tiered pool/spa. Unit sits in peaceful corner on edge of complex. Great location less than 5 mi to downtown Austin, 2 mi to Lady Bird Lake/Boardwalk & 6 mi to airport. Access to UT Shuttle&Metro, ACC Riverside, Riverside Golf Course & nearby parks & running trail.

Investor Tools

$0Estimated Mortgage Balance
$271,855Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,631 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Scott Hayes

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$436/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,580
$271,855
2025
$58,166
$213,689
$271,855
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,580
$271,855

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$271,855
100%
0%
$0/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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1601 Faro DR 1303 | Property Details | No Agent List