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$2,110,000

501 West Ave Apt 2301, Austin, TX, 78701

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,517 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$911.8 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesOven, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Wine Cooler
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size157 sqft

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APN01070033930000
Lot Number2301
SubdivisionFifth & West Residences Condominium
Land UseResidential
Legal DescriptionUNT 2301 FIFTH & WEST RESIDENCES CONDOMINIUM PLUS .9329 % INT IN COM AREA
Census Tract001102
Assessed Land Value$35,101
Assessed Improvement Value$1,685,421
Assessment Year2025

About this property

.

Investor Tools

Property Icon
$2,110,000
Estimated Property Value
$970,000Estimated Mortgage Balance
$1,239,519Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,770 /month
Positive
Cash Flow Estimate:
$4,590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,639/month
$2,258/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,114
$1,720,522
2025
$35,101
$1,685,421
$1,720,522
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33,114
$1,720,522

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$970,000
No
First
Jan 14, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$872,205
$1,399,795
61%
41%
$5,816/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,130/mo
$8,075/mo
$-4,945/mo
1.8%

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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