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$277,341

NAL Estimated Property Value

1601 Faro DR 403, Austin, TX, 78741

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths954 Sq Ft
price_per_sqft$130.92 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater
FlooringCarpet, Concrete, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,164 sqft

Building Information

Year Built1983
Stories2

Land Information

APN03071106160000
Lot Number403
SubdivisionChambord Condominiums - Revised 1999
Land UseResidential
Legal DescriptionUNT 403 BLD D CHAMBORD CONDOMINIUMS - REVISED 1999 PLUS 1.129% INTEREST IN COMMON AREA
Census Tract002325
Assessed Land Value$61,656
Assessed Improvement Value$215,685
Assessment Year2025

About this property

Awesome 1 bedroom 1.5 bath condo off of Riverside! Remodeled kitchen features new cabinets, granite counters & SS appliances. Living room has trendy stained concrete floors, fireplace & covered patio w/small fenced yard. Entire upstairs is 1 HUGE bedroom w/walk-in closet, full bathroom & balcony overlooking the pool. Quiet gated community~close to downtown/UT/restaurants/shopping~community pool. HOA fees are $255/mo plus $68.55/mo for special assessment thru Dec 2015 to update the community.FEMA - Unknown Restrictions: Yes

Investor Tools

Property Icon
$277,341
Estimated Property Value
$137,459Estimated Mortgage Balance
$139,882Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,664 /month
Positive
Cash Flow Estimate:
$555 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$477/month
$255/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,337
$277,341
2025
$61,656
$215,685
$277,341
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,337
$277,341

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$156,000
No
First
Mar 12, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,459
$139,882
50%
50%
$936/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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1601 Faro DR 403 | Property Details | No Agent List