$985,000
NAL Estimated Property Value301 West Ave Unit 1101, Austin, TX, 78701
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Oven, Stainless Steel Appliance(s)
FlooringTile, Wood
Exterior
Exterior FeaturesBalcony, Playground
Lot Size157 sqft
Building Information
Year Built2018
Stories1
Garage Spaces1
Land Information
APN01070037110000
Lot Number1101
SubdivisionIndependent Condominiums
Land UseResidential
Legal DescriptionUNT 1101 INDEPENDENT CONDOMINIUMS PLUS .2108 % INT IN COM AREA
Census Tract001200
Assessed Land Value$41,309
Assessed Improvement Value$759,980
Assessment Year2025
About this property
Come live downtown in one of the best floor plans here at the Independent. Enjoy west views of Austin and the Hills as well as the beautiful sunset over Lady Bird Lake. Just blocks to the hike and bike trail, dining and shopping and anything a tenant may need. Modern luxury living at one of the Austin skylines most recognizable buildings.
Investor Tools
$985,000
Estimated Property Value
$581,350Estimated Mortgage Balance
$404,787Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,910 /month
Positive
Cash Flow Estimate:
$1,970 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,875/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,576
$801,289
2025
$41,309
$759,980
$801,289
No
Tax History
Year
Tax Paid
Assessed Value
2024
$17,576
$801,289
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$644,000
No
First
Mar 1, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$581,350
$441,650
43%
59%
$3,862/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,862/mo
$-1,422/mo
3.0%
