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$971,000

1611 Ravey ST 1611, Austin, TX, 78704

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,130 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$609.86 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

BankruptcyPre-ForeclosureHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesCooktop, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting
Lot Size4,121 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN04040718110000
Lot Number1611
SubdivisionKinney Mues Condominium Amended
Land UseResidential
Legal DescriptionUNT 1611 KINNEY MUES CONDOMINIUM AMENDED PLUS 6.794 % INT IN COM AREA
Census Tract001304
Assessed Land Value$247,284
Assessed Improvement Value$696,131
Assessment Year2025

About this property

Timeless "hill country contemporary" townhome. One block off of lively S Lamar. dining and entertainment district. Designed by iconic Austin architect, Sinclair Black. Exposed structural steel, wood beams, interior stone walls, and antique Italian front doors. Expansive 2 story windows overlook huge oaks and protected bamboo forest (see agent). Wide open kitchen/ dining/ living area with soaring ceilings and open railing above. Upstairs are dual owners suites. Both suites feature full baths, office alcoves, and his and hers walk-in closets. Recent upgrades include: Absolute black granite, Calcutta Vagil marble, Duravit fixtures and hardware, and designer lighting throughout. New Wolf range (2020). All stainless appliances built in fridge, and W/D included.

Investor Tools

Property Icon
$971,000
Estimated Property Value
$0Estimated Mortgage Balance
$61,345Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,794 /month
Positive
Cash Flow Estimate:
$2,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,996/month
$507/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,096
$943,415
2025
$247,284
$696,131
$943,415
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,096
$943,415

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stifel Bank & Trust
Conventional
$991,200
No
First
Jun 15, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$909,655
$61,345
6%
94%
$4,314/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.

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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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1611 Ravey ST 1611 | Property Details | No Agent List