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$281,194

NAL Estimated Property Value

1601 Faro Dr Apt 1003, Austin, TX, 78741

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,007 Sq Ft
price_per_sqft$283.02 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Washer/Dryer Stacked
FlooringTile, Vinyl

Exterior

Exterior FeaturesNone
Lot Size6,508 sqft

Building Information

Year Built1983
Stories1

Land Information

APN03071106400000
Lot Number1003
SubdivisionChambord Condominiums - Revised 1999
Land UseResidential
Legal DescriptionUNT 1003 BLD K CHAMBORD CONDOMINIUMS - REVISED 1999 PLUS 1.192% INTEREST IN COMMON AREA
Census Tract002325
Assessed Land Value$65,081
Assessed Improvement Value$216,113
Assessment Year2025

About this property

Charming Condo in the rarely accessible Chambord Community – Prime E Riverside Location! Discover this rare gem in the sought-after Chambord community, just off vibrant E Riverside! This bright and inviting two-bedroom, two-bathroom condo offers a spacious primary suite featuring a beautiful bay window, an en suite bath, and a generous walk-in closet. The open-concept living area is bathed in natural light, complemented by stylish wood-look vinyl and tile flooring throughout. The kitchen boasts ample cabinet space and sleek stainless steel appliances, making meal prep a breeze. Additional highlights include fresh interior paint, updated bathrooms, a cozy wood-burning fireplace, and an in-unit washer/dryer. Step outside to enjoy your private fenced patio, perfect for relaxation, with expansive green spaces just beyond. Plus, the community pool is only a short stroll away! Enjoy unbeatable convenience: - Baty Elementary is less than 5 minutes away, just across Riverside Dr. - HEB is a quick 5-minute drive. - SoCo’s lively scene is just 10 minutes away. - Lady Bird Lake hike & bike trails are only a 10-minute ride! All appliances convey. Don’t miss this opportunity—schedule your easy tour today!

Investor Tools

Property Icon
$281,194
Estimated Property Value
$124,242Estimated Mortgage Balance
$157,211Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
$488/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,834
$281,194
2025
$65,081
$216,113
$281,194
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,834
$281,194

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Empire Of American Corp
Conventional
$141,000
No
First
Mar 3, 2020
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,242
$211,758
63%
44%
$846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$1,334/mo
+$292/mo
6.9%

City: Austin

1601 Faro Dr Apt 1003 | Property Details | No Agent List