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$699,000

NAL Estimated Property Value

603 Davis St Apt 1609, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,286 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$2.41 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Dishwasher, Disposal, Microwave, Oven, Electric Range, Refrigerator
FlooringBamboo, Wood

Exterior

Private PoolPrivate Pool
Lot Size244 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN02030316460000
Lot Number1609
SubdivisionShore A Condominium Amended The
Land UseResidential
Legal DescriptionUNT 1609 SHORE A CONDOMINIUM AMENDED THE PLUS .6029 % INT IN COM AREA
Census Tract001103
Assessed Land Value$140,078
Assessed Improvement Value$480,031
Assessment Year2025

About this property

Spacious and beautiful 2 bed, 2 bathroom condo with amazing southwest views of Town Lake with a large balcony, and a recently updated kitchen and master bathroom. Condo features quartzite countertops, marbled walls, stand alone soaking tub and large walk in master closet. Condo is freshly painted and has elegant wood floors throughout. Great floor plan to maximize the space and amazing location steps from all downtown has to offer, Rainey Street, Town Lake and the hike and bike trail! A MUST SEE! Sprinkler Sys:Yes

Investor Tools

Property Icon
$699,000
Estimated Property Value
$493,722Estimated Mortgage Balance
$205,278Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,040
$620,109
2025
$140,078
$480,031
$620,109
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,040
$620,109

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arvest Bank
Conventional
$548,000
No
First
Mar 12, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,722
$338,278
40%
71%
$3,286/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$3,286/mo
$-846/mo
4.2%

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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603 Davis St Apt 1609 | Property Details | No Agent List