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$456,000

NAL Estimated Property Value

616 Castle Ridge RD C, Austin, TX, 78746

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,182 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$219.97 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
FlooringBamboo, Carpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4,182 sqft

Building Information

Year Built1970
Stories2

Land Information

APN01152301310000
Lot NumberC
SubdivisionWestlake Condominiums
Land UseResidential
Legal DescriptionUNT C BLD B WESTLAKE CONDOMINIUMS PLUS INTEREST IN COMMON ELEMENTS
Census Tract001917
Assessed Land Value$100,000
Assessed Improvement Value$236,876
Assessment Year2025

About this property

This is the best priced property in Westlake and Eanes ISD!! Amazing location at 360/Bee Caves Rd with 2017 windows, newer HVAC, granite countertops, beautiful deck and updated flooring. Carpet recently replaced along with the fridge, washer and dryer which will stay. Covered patio with an upstairs balcony! This home boast 2 large bedrooms, 1.5 baths, an open concept living area and a huge utility/laundry/pantry. Excellent, low tax rate!Restrictions: Unknown

Investor Tools

Property Icon
$456,000
Estimated Property Value
$147,563Estimated Mortgage Balance
$308,437Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,736 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$498/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,697
$336,876
2025
$100,000
$236,876
$336,876
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,697
$336,876

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
On Q Financial Inc
Unknown
$175,000
No
First
Aug 9, 2018
Sep 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,563
$308,437
67%
32%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,100/mo
$1,350/mo
+$750/mo
5.5%

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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616 Castle Ridge RD C | Property Details | No Agent List