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$420,000

NAL Estimated Property Value

2001 Faro Dr Apt 28, Austin, TX, 78741

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,604 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.79 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size6,543 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces1

Land Information

APN03081102240000
Lot Number28
SubdivisionRiverside Villas Amended
Land UseResidential
Legal DescriptionUNT 28 RIVERSIDE VILLAS AMENDED PLUS 1.1364 % INT IN COM AREA
Census Tract002314
Assessed Land Value$65,439
Assessed Improvement Value$336,997
Assessment Year2025

About this property

You'll love this 2-story home in gated Riverside Villas! The location couldn't be better: very close to Oracle's HQ, the proposed River Park Development and Blue Line Light Transit Rail along with Lady Bird Lake, shopping, dining, and I-35. Plus, you're only 3 miles from downtown Austin and the airport. The house itself lives like a single family home, with no neighbors to the right of it. There is a 2 car garage with a brand new garage door that was just installed. It has 3 bedrooms, 2.5 bathrooms, a soaring 2 story high ceiling in the living room, neutral toned walls, tile flooring and spacious living room that opens into the dining and kitchen area. The kitchen itself has a great layout with a center island, breakfast bar, granite countertops and wood cabinetry. Stainless steel appliances include a gas range, dishwasher and built-in microwave. You'll love cooking here! The primary bedroom is located on the main floor and features a tray ceiling, views of the backyard and an ensuite bath with dual vanity and a walk-in shower with a frameless glass enclosure. Upstairs you'll find a loft that can be used as a secondary living space or office, as well as two guest bedrooms and a full guest bath. Custom sound reduction window inserts installed in several windows throughout the home. You'll love relaxing in the private, tree shaded backyard with lush, wooded views. With a great location, and an even better floor plan, this is one of those homes you can't miss! TV, Fridge and Dryer Convey!

Investor Tools

Property Icon
$420,000
Estimated Property Value
$320,130Estimated Mortgage Balance
$100,479Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,533
$402,436
2025
$65,439
$336,997
$402,436
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,533
$402,436

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$351,230
No
First
Aug 21, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,130
$107,870
25%
76%
$2,106/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$2,106/mo
$-18/mo
6.0%

City: Austin

2001 Faro Dr Apt 28 | Property Details | No Agent List