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$842,504

NAL Estimated Property Value

1821 Westlake DR 131, Austin, TX, 78746

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,980 Sq Ft
price_per_sqft$287.83 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Range, Disposal, Microwave, Oven, Refrigerator, Self Cleaning Oven, Stainless Steel Appliances, Water Softener, Trash Compactor, Washer
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size7,732 sqft

Building Information

Year Built1977
Stories2
Roof Type112
Garage Spaces2

Land Information

APN01191307130000
Lot Number131
SubdivisionLos Altos Village Condominiums Amended
Land UseResidential
Legal DescriptionUNT 131 BLD N LOS ALTOS VILLAGE CONDOMINIUMS AMENDED INT IN COMMON ELEMENT (AKA N 2)
Census Tract001918
Assessed Land Value$116,010
Assessed Improvement Value$726,494
Assessment Year2025

About this property

Westlake Condo with breath taking hill country view and access to Lake Austin via Bee Creek! This multi-level condo features views of Westlake Hills from all 3 levels of the home, and especially from the oversized vaulted ceiling screened in patio. This 3 bedroom, 2 full bath condo is anchored by a spiraling wrought iron staircase as you enter with each level offering a different space for you to enjoy. A few steps down, and you are getting cozy and ready for bed in either of the two bedrooms with a hill country view. A few steps up from the entrance, and you are ready to entertain and enjoy the view from your open living-dining great room, or walk out the French doors to your large screened in back porch. Head up to the third level and get comfortable again in your third level loft that can be used as a bedroom with en-suite full bath, an office with tons of closet storage, or secondary living space...the choice is yours. All of this, and the condo still offers space for the full laundry room on the lower level, walk in closets with all of the bedrooms, a wet bar in the kitchen, walk in pantry behind the kitchen, and a 2 car garage with additional attic storage space above. The hill country view continues outside from the community clubhouse, pool, tennis court, and trail system leading down to Bee Creek. Hop in your kayak, canoe, or on your paddle board and you are enjoying Lake Austin and Oyster Landing Marina attractions within minutes.

Investor Tools

Property Icon
$842,504
Estimated Property Value
$399,828Estimated Mortgage Balance
$442,676Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,055 /month
Positive
Cash Flow Estimate:
$1,685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,435/month
$410/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,007
$842,504
2025
$116,010
$726,494
$842,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,007
$842,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$445,538
No
First
Dec 22, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,828
$442,676
52%
47%
$2,672/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,100/mo
$3,082/mo
$-982/mo
3.0%

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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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1821 Westlake DR 131 | Property Details | No Agent List