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$1,200,000

NAL Estimated Property Value

301 West Ave Unit 2307, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,281 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$4.61 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Gas Range, Microwave, Oven, Refrigerator, Washer/Dryer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size192 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN01070038250000
Lot Number2307
SubdivisionIndependent Condominiums
Land UseResidential
Legal DescriptionUNT 2307 INDEPENDENT CONDOMINIUMS PLUS .2618 % INT IN COM AREA
Census Tract001200
Assessed Land Value$51,302
Assessed Improvement Value$857,699
Assessment Year2025

About this property

Stunning South facing condo at The Independent. Enjoy panoramic views of Lady Bird Lake & Downtown Austin. Interior features include quartz counters, upgraded lighting, floor to ceiling windows, hardwood flooring, 10 ft ceilings, gas cooking & more. 2 reserved parking spots. Over 20,000 sf of building amenities including 24 hr concierge, fitness center, resort style pool deck/grill areas, owner’s lounge, conference rooms, dog park, pet washing stations, children's playroom & guest suites. Walk to TJ's, Whole Foods, 2nd Street District & all that downtown Austin has to offer.

Investor Tools

Property Icon
$1,200,000
Estimated Property Value
$495,463Estimated Mortgage Balance
$705,858Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,018/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,219
$909,001
2025
$51,302
$857,699
$909,001
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,219
$909,001

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$591,975
No
First
Sep 25, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,463
$717,537
59%
41%
$2,300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,300/mo
+$140/mo
2.4%

City: Austin

301 West Ave Unit 2307 | Property Details | No Agent List