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$175,109

NAL Estimated Property Value

601 Nelray BLVD 9, Austin, TX, 78751

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths390 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$510.26 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Electric Oven, Free-Standing Electric Range, Refrigerator, Washer/Dryer
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size919 sqft

Building Information

Year Built1985
Stories1

Land Information

APN02260706370008
Lot Number13
SubdivisionNelray Place Condominium Amended
Land UseCondominiums
Legal DescriptionUNT 9 BLD A NELRAY PLACE CONDOMINIUM AMENDED PLUS 4.560% INT IN COMMON AREA
Census Tract000305
Assessed Land Value$46,023
Assessed Improvement Value$129,086
Assessment Year2025

About this property

Well appointed one bedroom one bath in excellent location of North Central Austin. Very quaint complex! Newer Washer / Dryer included and a nice back patio area. In addition to the soaring high ceilings, the unit has been well maintained/upgraded by the owner. Some of the updates include natural wood floating shelves throughout, new blinds, tub resurfacing and a fresh coat of paint. One reserved parking space included. Near Cap Metro Stop on Lamar and only three miles north of UT. Move in ready, this condo is a great investment opportunity or owner occupancy!

Investor Tools

Property Icon
$175,109
Estimated Property Value
$0Estimated Mortgage Balance
$175,109Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,962
$175,109
2025
$46,023
$129,086
$175,109
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,962
$175,109

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$175,109
100%
0%
$0/mo

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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601 Nelray BLVD 9 | Property Details | No Agent List