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$425,000

2001 Faro Dr Apt 13, Austin, TX, 78741

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,581 Sq Ft
price_per_sqft$268.82 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Free-Standing Range, Stainless Steel Appliance(s)
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size6,543 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces1

Land Information

APN03081102090000
Lot Number13
SubdivisionRiverside Villas Amended
Land UseResidential
Legal DescriptionUNT 13 RIVERSIDE VILLAS AMENDED PLUS 1.1364 % INT IN COM AREA
Census Tract002314
Assessed Land Value$65,439
Assessed Improvement Value$286,461
Assessment Year2025

About this property

Great opportunity to own an adorable home under half a mile to the future Rivers Domain. The 3bd/2.5ba home is situated within the gated Riverside Villas. Upon entering the home you notice the hard wood floors and vaulted ceilings. Continuing through the home you are greeted with an open living and dining room space that is overlooked by the kitchen. The kitchen boasts; 42 inch cabinets, granite countertops and stainless-steel appliances. Rounding out the first floor is the laundry room, half bathroom and primary bedroom and bedroom suite. The second floor includes a loft, perfect for an office, and two secondary bedrooms with a shared bathroom.

Investor Tools

$294,856Estimated Mortgage Balance
$129,269Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Lalo Herrera

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$885/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,510
$351,900
2025
$65,439
$286,461
$351,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,510
$351,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$323,500
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,856
$134,144
31%
70%
$1,940/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,090/mo
$-2/mo
5.9%

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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2001 Faro Dr Apt 13 | Property Details | No Agent List