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$256,537

NAL Estimated Property Value

1601 Faro DR 1902, Austin, TX, 78741

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$333.33 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling

Exterior

Lot Size5,815 sqft

Building Information

Year Built1983
Stories1

Land Information

APN03071106750000
Lot Number1902
SubdivisionChambord Condominiums - Revised 1999
Land UseResidential
Legal DescriptionUNT 1902 BLD U CHAMBORD CONDOMINIUMS - REVISED 1999 PLUS 1.065% INTEREST IN COMMON AREA
Census Tract002325
Assessed Land Value$58,166
Assessed Improvement Value$198,371
Assessment Year2025

About this property

Welcome home! This beautiful condo is such a gem! It has 2 bedrooms and one bathroom with a separate door for the restroom/shower and the vanity. The living area is bright and open. The open floor plan gives way from the kitchen, to the dining space, and to the living area. It's a great place to entertain or just sit back and relax. The water heater and dishwasher were both replaced in June 2022. The home is freshly painted. It offers a lovely front, covered porch. Also, back behind building 19, is green space with picnic tables and lots of room to roam and explore!

Investor Tools

Property Icon
$256,537
Estimated Property Value
$285,424Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,683
$256,537
2025
$58,166
$198,371
$256,537
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,683
$256,537

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$306,850
No
First
Jul 22, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,424
N/A
0%
111%
$1,840/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.

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 1902 | Property Details | No Agent List