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$692,000

NAL Estimated Property Value

603 Davis St Apt 1909, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,286 Sq Ft
price_per_sqft$602.64 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesCooktop, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Lighting
Lot Size244 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN02030316790000
Lot Number1909
SubdivisionShore A Condominium Amended The
Land UseResidential
Legal DescriptionUNT 1909 SHORE A CONDOMINIUM AMENDED THE PLUS .6029 % INT IN COM AREA
Census Tract001103
Assessed Land Value$140,078
Assessed Improvement Value$443,392
Assessment Year2025

About this property

Luxury Condominium Living in Desirable Rainey. Situated in the Rainey Street District, this incredible full-service condo is designed to entertain with stunning views of Lady Bird Lake. The light-filled corner unit boasts 2 bedrooms and 2 full bathrooms with hardwood floors throughout, including closets. Enjoy morning strolls on the hike-and-bike trail or an easy commute to your downtown office. The city’s top restaurants and nightlife are just seconds away from this incredible location in the heart of downtown Austin. Marvelous Views of Lady Bird Lake. Captivating views of the city and lake are amplified through large windows in every room. Cook with a view in the open-concept kitchen that features recent stainless steel appliances and beautiful modern finishes, or watch Austin’s iconic bats take flight out of the Congress Ave Bridge from your 200-square-foot covered terrace that overlooks the lake. The unit also features premium views of the 4th of July and New Year’s Eve fireworks, making you the perfect holiday host. Resort-Inspired Amenities Abound. Wake up to lake views in the primary suite with access to the terrace and a massive California Closet with custom built-in storage. The spa-like primary bathroom is outfitted with dual sinks, a walk-in shower, and jacuzzi tub. This residence is complete with recently refreshed paint, an in-unit washer and dryer and recently installed Lutron wireless smart-enabled shades with voice activation. The building features resort-style amenities, including a rooftop pool with a lounge area and new grills, plus a recently renovated fitness center and elevator lobbies. Other features include two designated parking spaces, and two TV’s and soundbar to convey. This environmentally-friendly building is certified by the Austin Green Building Program. 6 Hour Advance Showing Notice.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$529,545Estimated Mortgage Balance
$164,413Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,322/month
$607/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,399
$583,470
2025
$140,078
$443,392
$583,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,399
$583,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ubs Bank Usa
Conventional
$574,500
No
First
Jan 5, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$529,545
$182,455
25%
77%
$3,445/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$4,052/mo
$-1,612/mo
4.2%

City: Austin

603 Davis St Apt 1909 | Property Details | No Agent List