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$767,000

NAL Estimated Property Value

603 Davis St Apt 1502, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,597 Sq Ft
price_per_sqft$557.29 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSee Remarks
Lot Size301 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN02030316280000
Lot Number1502
SubdivisionShore A Condominium Amended The
Land UseResidential
Legal DescriptionUNT 1502 SHORE A CONDOMINIUM AMENDED THE PLUS .7488 % INT IN COM AREA
Census Tract001103
Assessed Land Value$173,966
Assessed Improvement Value$502,533
Assessment Year2025

About this property

The Shore is located in the heart of the Rainey Street District, the best location in Austin for taking advantage of all the things that make the city special. The spacious 2 bed, 2 bath condo has a gorgeous kitchen with granite countertops, stainless steel appliances & a large center island, making it a perfect space for entertaining. Bedrooms are situated on opposite sides of the residence, creating a feeling of spaciousness & privacy. Additional study makes this an ideal space for working from home.

Investor Tools

Property Icon
$767,000
Estimated Property Value
$599,839Estimated Mortgage Balance
$169,346Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,340 /month
Positive
Cash Flow Estimate:
$1,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,463/month
$833/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,726
$676,499
2025
$173,966
$502,533
$676,499
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,726
$676,499

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$647,200
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$599,839
$244,161
28%
78%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$4,714/mo
$-2,274/mo
3.8%

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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