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$3,619,743

NAL Estimated Property Value

301 West Ave Unit 5604, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,521 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$5.37 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
AppliancesOven, Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Washer/Dryer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size540 sqft

Building Information

Year Built2018
Stories1
Garage Spaces3

Land Information

APN01070040560000
Lot Number5604
SubdivisionIndependent Condominiums
Land UseResidential
Legal DescriptionUNT 5604 INDEPENDENT CONDOMINIUMS PLUS .7305 % INT IN COM AREA
Census Tract001200
Assessed Land Value$143,148
Assessed Improvement Value$3,476,595
Assessment Year2024

About this property

Welcome to an ultra-rare leasing opportunity in one of only four exclusive residences on the 56th floor of The Independent — Austin’s iconic downtown tower. Spanning an expansive footprint, this 3-bedroom, 3.5-bath luxury unit also includes a dedicated study, media room, wet bar, and two private covered balconies showcasing unmatched panoramic views of the Austin skyline, Shoal Creek, and Lady Bird Lake. Step inside to discover high-end finishes throughout, including floor-to-ceiling windows, rich hardwood flooring, and an oversized island with a dramatic waterfall edge. The kitchen is outfitted with premium Gaggenau appliances and seamlessly flows into spacious living and dining areas ideal for both entertaining and everyday living. The spa-inspired primary suite features a luxurious en-suite bath and generous walk-in closet. Additional highlights include three reserved premium parking spaces, refrigerator, washer & dryer, and thoughtfully designed living spaces that maximize light, privacy, and comfort. Residents enjoy access to over 20,000 square feet of best-in-class amenities across two floors, including a heated infinity-edge pool, full gym and yoga studio, business center, theater room, kids’ playroom, catering kitchen, dog lounge, and 24/7 concierge. Live, work, and play in the heart of downtown with walkable access to Trader Joe’s, Whole Foods, top-tier dining, boutique shopping, and the city's scenic trails.

Investor Tools

Property Icon
$3,619,743
Estimated Property Value
$0Estimated Mortgage Balance
$3,619,743Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,718 /month
Positive
Cash Flow Estimate:
$7,239 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,912/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$3,619,743
2024
$143,148
$3,476,595
$3,619,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$3,619,743

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,619,743
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
N/A
+$3,130/mo
1.0%

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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301 West Ave Unit 5604 | Property Details | No Agent List