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$857,000

603 Davis St Apt 2202, Austin, TX, 78701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,513 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$561.15 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size287 sqft

Building Information

Year Built2006
Stories1

Land Information

APN02030317030000
Lot Number2202
SubdivisionShore A Condominium Amended The
Land UseResidential
Legal DescriptionUNT 2202 SHORE A CONDOMINIUM AMENDED THE PLUS .7094 % INT IN COM AREA
Census Tract001103
Assessed Land Value$164,836
Assessed Improvement Value$571,355
Assessment Year2025

About this property

WATER VIEWS for miles in this PENTHOUSE w/out the million dollar price! This 2 bed/ 2 bath + study has 11' ceilings & expansive picture windows. Other features include a covered balcony, large walk-in closets, wood floors, granite, both soaking tub & walk in shower...AND a laundry room! 2 premium rsvd ground floor parking spots! 24 hour doorman. Gym & pool. Just steps from the Lake, museum & eateries. Yelp gives Rainey Historic District 4.5 out of 5 stars!Restrictions: Yes

Investor Tools

Property Icon
$857,000
Estimated Property Value
$479,500Estimated Mortgage Balance
$435,373Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,142 /month
Positive
Cash Flow Estimate:
$1,714 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,893
$736,191
2025
$164,836
$571,355
$736,191
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,893
$736,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$479,500
No
First
Mar 31, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$422,508
$552,492
56%
49%
$2,875/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,875/mo
$-435/mo
3.4%

Learn About the Market: Opportunity in Austin

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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.

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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 2202 | Property Details | No Agent List