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$356,146

NAL Estimated Property Value

3601 Las Colinas DR C, Austin, TX, 78731

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,153 Sq Ft
price_per_sqft$337.38 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size5,232 sqft

Building Information

Year Built1973
Stories2
Roof Type183
Garage Spaces2

Land Information

APN01330436560000
Lot NumberC
SubdivisionLas Colinas Amended
Land UseResidential
Legal DescriptionUNT C BLD 1 LAS COLINAS AMENDED PLUS 1.5863% INTEREST IN COMMON ELEMENT
Census Tract000102
Assessed Land Value$78,493
Assessed Improvement Value$277,653
Assessment Year2025

About this property

Fabulous open concept condo residence, which is perfect for entertaining. The main floor has a beautifully bright kitchen that looks out onto a private back patio and is also adjacent to the dining area and family room. Entertaining is a breeze in this space and no one is left out of the conversation. The kitchen is nicely appointed with upgraded cabinets, counter tops, appliances (refrigerator included) and even has a farmhouse style sink and upgraded fixtures. Beautiful wood flooring throughout the kitchen, dining area and family room adds just the right amount of flair and warm, classy appeal. The family room is spacious, with a modern ceiling fan and a wall of windows that look out over beautiful greenery. The main floor also has a half bath and storage area. Upstairs, you get an upgraded owner's suite complete with a walk-in closet, linen closet, modern ceiling fan and large walk-in shower. The owner's suite has its own private balcony, which looks out over a panoramic view. Also upstairs, you get another bedroom suite, which features a full bath with a soaking type tub, large closet, ceiling fan and the suite looks onto a heavily wooded area. Outside, you get a private patio, enclosed laundry/storage room with a washer and dryer included and a two car carport all of which are behind the residence. The condo community is a small, quaint community with a relaxing pool area and a basketball court and picnic area. The community is a quick drive to all kinds of shopping, entertainment and great eating establishments. It also is a quick ride to downtown and almost any part of the Austin area. This is a must-see and sure to be a crowd pleaser. Don't hesitate, check it out today and you'll be ready to make it your very own. Please note, pictures were taken when the condo was furnished, but it is now vacant.

Investor Tools

Property Icon
$356,146
Estimated Property Value
$270,717Estimated Mortgage Balance
$85,429Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
$331/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,284
$356,146
2025
$78,493
$277,653
$356,146
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,284
$356,146

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Federal Mortgage Corp
Conventional
$290,000
No
First
Sep 1, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,717
$85,429
23%
76%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,070/mo
$-430/mo
5.5%

Learn About the Market: Opportunity in Austin

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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.

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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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3601 Las Colinas DR C | Property Details | No Agent List