For SaleRisky Deal4 days on market

1701 Simond Ave Unit 407

1701 Simond Ave Unit 407, Austin, TX 78723, Austin, TX 78723
$540,000

Listing Price

Property image 1
1701 Simond Ave Unit 407, Austin, TX 78723
Loc: Austin, TX
Days Listed
4
Tax Assessed
$628k
Lot Size
405 sqft
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Maplewood Elementary School

PK-5
0.6 mi away
9

Kealing Middle School

6-8
2.1 mi away
8

McCallum High School

9-12
2.4 mi away
Haven Underwritten Market·Weaker DSCR (0.45x)

Austin, TX Investment Analysis (2026)

Cap Rate: 2.77% · Median Rent: $2,950/mo · Effective Tax: 1.8%

Open Austin Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

modernopen floor plancontemporarystainless steel applianceskitchen islandhardwood floorspendant lightingminimalistbalconyluxury apartmentsleekneutral color palettehigh-end finishes

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.70%
Total ROI
61.0%
Cash Flow
$-687/mo
DSCR
0.75
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-687/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Austin, TX
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-17Listed for sale$540,000$465
2024-09-17Listing removed$2,995$3
2024-09-02Listed for rent$2,995$3
2024-07-11Sold$0

Tax History

YearProperty TaxTax Assessment
2025$11,529.62$627,821
2024$0$112,246
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,162

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