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$278,441

NAL Estimated Property Value

505 Bellevue PL 6, Austin, TX, 78705

Off MarketInfo
Beds1 Beds
Baths2 Bath
Baths699 Sq Ft
price_per_sqft$429.18 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Refrigerator
FlooringBamboo, Carpet, Tile

Exterior

Exterior FeaturesLighting
Lot Size1,119 sqft

Building Information

Year Built1981
Stories2
Roof Type105

Land Information

APN02150510020016
Lot Number12
SubdivisionFive Hundred Five Bellevue Place Condomi
Land UseCondominiums
Legal DescriptionUNT 6 FIVE HUNDRED FIVE BELLEVUE PLACE CONDOMINIUMS PLUS 8.3333% INT IN COMMON AREA
Census Tract000500
Assessed Land Value$112,000
Assessed Improvement Value$166,441
Assessment Year2025

About this property

Enjoy the best of Central Austin culture, restaurants, shops, and entertainment just steps from the UT Schools of Law and Engineering. Rare two story, one bedroom, 1.5 bathroom condo recently renovated with granite kitchen countertops, bamboo floors downstairs, carpet upstairs, updated bathroom tub and tile. Fresh new paint (March 2022). The airy kitchen opens to the living room with a wood-burning fireplace. The bedroom features vaulted ceilings, two vanity/study areas, with built-in shelves and storage, two closets, and an ensuite bath. Fantastic storage between the convenient utility closet with washer & dryer on the main floor plus two additional closets off of the living room. Walk to Square Peg Coffee, Crown and Anchor Pub, Posse East and other neighborhood favorites. One block to tennis courts at beautiful Eastwoods Neighborhood Park, minutes from downtown, and convenient access to bus, Metro Rail, and major thoroughfares. 12 unit complex. HOA fees of $650/quarter include common area maintenance, landscaping, sewer, trash, and water. One assigned parking space. Offers submitted to sellers as they are received, sellers will be reviewing Monday evening.

Investor Tools

Property Icon
$278,441
Estimated Property Value
$0Estimated Mortgage Balance
$278,441Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,911
$278,441
2025
$112,000
$166,441
$278,441
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,911
$278,441

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$278,441
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
$650/mo
+$1,050/mo
7.3%

City: Austin

505 Bellevue PL 6 | Property Details | No Agent List