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$613,602

NAL Estimated Property Value

1701 Simond Ave Unit 312, Austin, TX, 78723

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,131 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$455.35 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Oven, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size392 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN02171316510000
SubdivisionParkside At Mueller Condominiums
Land UseCondominiums
Legal DescriptionPARKSIDE AT MUELLER CONDOMINIUMS UNT 312 PLUS 0.494 % INT IN COM AREA
Census Tract000309
Assessed Land Value$15,705
Assessed Improvement Value$597,897
Assessment Year2025

About this property

Stylish and modern 2BD/2BA condo in the coveted Parkside Mueller Residences, perfectly positioned in the vibrant Aldrich Street district and across from the scenic Mueller Lake Park. Experience the ease of low-maintenance living in one of Austin’s most sought after and walkable communities—just steps to green spaces, hike-and-bike trails, Merit Coffee, Veracruz Fonda, H-E-B, Alamo Drafthouse, local eateries, and the beloved weekly farmers market. This bright and airy unit features an open-concept floorplan with a beautifully appointed kitchen, complete with stainless steel appliances, sleek cabinetry, and an oversized island ideal for entertaining. Thoughtfully designed with privacy in mind, the bedrooms are situated on opposite sides of the home. The spacious primary suite includes dual vanities, a walk-in shower, and generous closet space. Enjoy your morning coffee or evening unwind on a private balcony with views of the community. Premium amenities include a resort-style pool with cabanas, rooftop deck with outdoor kitchen and downtown views, state-of-the-art fitness and cardio studios, co-working lounge, smart parcel lockers, 2 reserved parking spaces including an EV charger and more. Unbeatable location—10 minutes to Downtown, 5 minutes to UT and major hospitals, and just 20 minutes to Austin-Bergstrom Airport. Available furnished.

Investor Tools

Property Icon
$613,602
Estimated Property Value
$324,321Estimated Mortgage Balance
$289,281Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,682 /month
Positive
Cash Flow Estimate:
$1,227 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,002/month
$785/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$613,602
2025
$15,705
$597,897
$613,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$613,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$335,330
No
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,321
$289,281
47%
53%
$2,011/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,626/mo
$2,796/mo
$-1,170/mo
3.2%

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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1701 Simond Ave Unit 312 | Property Details | No Agent List