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$3,812,000

NAL Estimated Property Value

202 Nueces St Unit 1501, Austin, TX, 78701

Recently SoldInfo
8/14/26
Beds2 Beds
Baths3 Bath
Baths2,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1,861.7 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt In Oven, Built In Refrigerator, Dishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Wine Refrigerator
FlooringStone, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, See Remarks
Lot Size118 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN01050016170000
Lot Number1501
SubdivisionBlock 188 Condominiums
Land UseResidential
Legal DescriptionUNT 1501 BLOCK 188 CONDOMINIUMS PLUS .5483 % INT IN COM AREA
Census Tract001102
Assessed Land Value$67,458
Assessed Improvement Value$3,019,596
Assessment Year2025

About this property

Every day is a luxury vacation when you live at the Austin Proper. Situated in the upscale, vibrant 2nd Street District, the Proper Residences at the Austin Proper Hotel are some of the city’s most valued urban addresses. Imagined in collaboration with internationally renowned designer Kelly Wearstler to celebrate art, design and a creative lifestyle, the Proper exudes organic, livable luxury. Residing atop the five-star hotel, homeowners have access to all the amenities of the lodging, including the spa, fitness center and rooftop pool plus five-star restaurants and lounges. The coveted unit has both a southwest-facing corner balcony and the most desirable floorplan. The lake, hill country and downtown view isn’t lost inside, with floor-to-ceiling windows wrapping the unit and offering the same striking water and sunset views. Complementing the glorious vista, the residence is designed with sleek yet warm materials. From white-oak floors to creamy Statutorietto marble and handmade Japanese tiles, every element combines to create a subtle, elegant whole. The flexible floorplan offers a large open-plan living, dining and gourmet kitchen space that all embrace the view. An adjacent den could serve multiple purposes; a work-from-home space, reading nook or guest overflow. At the end of the day you’ll enjoy retreating to your west-facing primary bedroom to have one last glance out over the cityscape and hills beyond. Wrapped in luxury, the spa bath features a soaking tub, walk-in shower and double vanities; the adjacent walk-in closet is outfitted with custom storage. A second bedroom also enjoys a view and en-suite spa bath. The unit also comes with two parking spaces and valet parking, along with 24-hour concierge service.

Investor Tools

Property Icon
$3,812,000
Estimated Property Value
$1,728,171Estimated Mortgage Balance
$2,094,343Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$23,100 /month
Positive
Cash Flow Estimate:
$7,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,046/month
$2,302/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$53,496
$3,087,054
2025
$67,458
$3,019,596
$3,087,054
No

Tax History

Year
Tax Paid
Assessed Value
2024
$53,496
$3,087,054

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$1,820,000
No
First
Feb 26, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,728,171
$1,358,883
44%
45%
$9,627/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$11,929/mo
$-9,489/mo
0.8%

City: Austin

202 Nueces St Unit 1501 | Property Details | No Agent List