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$425,000

NAL Estimated Property Value

603 Davis St Apt 2005, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths714 Sq Ft
price_per_sqft$770.31 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size135 sqft

Building Information

Year Built2006
Stories1
Garage Spaces1

Land Information

APN02030316860000
Lot Number2005
SubdivisionShore A Condominium Amended The
Land UseResidential
Legal DescriptionUNT 2005 SHORE A CONDOMINIUM AMENDED THE PLUS .3348 % INT IN COM AREA
Census Tract001103
Assessed Land Value$77,778
Assessed Improvement Value$291,549
Assessment Year2025

About this property

Enjoy beautiful eastern views from the private terrace of this 20th floor unit at The Shore in the heart of the Rainey Street District. Discover a vibrant lifestyle just steps from the Hike and Bike Trail along Lady Bird Lake, near the best restaurants, bars and music downtown Austin has to offer. Immaculately maintained by the original owner, this 1 bedroom, 1 bath condo boasts 11 foot ceilings, carbonized bamboo floors, and large windows allowing tons of natural light to fill the space! The kitchen features high-end stainless steel KitchenAid appliances, a large island, granite counters and incredible cabinet space. The thoughtfully-planned layout continues with a bright and airy living/dining space overlooking the terrace. The master bedroom enjoys eastern views and a spacious walk-in closet. In the bathroom, you’ll find a deep, relaxing jetted tub, a tall vanity allowing for extra storage and a linen closet. Utility closet offers more storage and washer/dryer connections. Low utility bills and some of the lowest HOA fees you'll find with downtown living. The Shore offers unparalleled luxurious amenities including a 24-7 concierge, fitness center, conference room, & resort-style pool with fire pit and grills where you can enjoy Fourth of July fireworks with a spectacular view over the lake! Access the renowned Van Zandt Hotel via a private entrance from the 6th floor pool deck to enjoy dinner at Geraldine's. Easy access to Cesar Chavez & I35. One assigned parking space. Gated garage and fob access to elevators and all amenities. Offers will be presented to Seller as they are submitted.

Investor Tools

Property Icon
$425,000
Estimated Property Value
$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
$372/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,051
$369,327
2025
$77,778
$291,549
$369,327
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,051
$369,327

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$460,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,080/mo
$373/mo
+$1,707/mo
5.9%

City: Austin

603 Davis St Apt 2005 | Property Details | No Agent List