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$348,000

NAL Estimated Property Value

1603 Enfield RD 215, Austin, TX, 78703

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths734 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$647.14 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Ice Maker, Microwave, Free-Standing Gas Range, Free-Standing Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater
FlooringConcrete, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting, Private Entrance
Lot Size1,259 sqft

Building Information

Year Built2012
Stories1
Roof Type114
Garage Spaces1

Land Information

APN01110314150000
Lot Number215
SubdivisionPease Place Condominiums
Land UseResidential
Legal DescriptionUNT 215 PEASE PLACE CONDOMINIUMS PLUS 4.01 % INT IN COM AREA
Census Tract001605
Assessed Land Value$188,889
Assessed Improvement Value$143,889
Assessment Year2025

About this property

Perfect location for busy professionals, medical and UT staff. Minutes to DT for all ATX has to offer in world class entertainment, fine dining, upscale shopping and a few of Austin's favorite places, Lady Bird Lake and Whole Foods Market. Conveniently located with quick access to Mopac/Loop1, Lamar and Hwy 183, putting all of Austin within quick reach. The unit is the highly sought after 'end unit', so no shared walls! The complex is very small and quiet, well suited for busy professionals needing some serious down time. Solar panels create extremely low to net-zero electric bills and the tankless water system gives on demand endless hot water. Freshly painted with brand new heat and light reducing quality blinds, large galley kitchen with oversized island and ample seating. Open kitchen/living/dining with beautiful dark tone wood floors. Primary bed, bath and large walk-in closet areas have lovely gray cement floors. Wonderful natural light throughout the unit. The good sized patio off the back facing the common green space is peaceful and relaxing. A reserved one car parking spot is underneath the building. Elevator access as well. This is a meticulously clean and comfortable space where one can relax and unwind after a long day

Investor Tools

Property Icon
$348,000
Estimated Property Value
$348,472Estimated 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
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
$306/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,139
$332,778
2025
$188,889
$143,889
$332,778
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,139
$332,778

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$381,600
No
First
Oct 9, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,472
N/A
0%
100%
$2,288/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,460/mo
$2,595/mo
$-1,135/mo
5.0%

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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1603 Enfield RD 215 | Property Details | No Agent List