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$3,000,000

Beds
4
Baths
4.5
sq ft
4,043

1107 W 31st St, Austin, TX 78705

1107 W 31st St

Austin, TX 78705

  • 281 days on market
    • Price drop $290,000↓
Indulge in urban luxury & natural serenity at this exquisite contemporary lock-n-leave retreat, nestled w/in a private enclave in Central Austin. Immerse yourself in the seamless fusion of city convenience & tranquil seclusion. Unwind on the screened-in porch, perfect for al fresco dining or quiet mornings, or enjoy the entry courtyard overlooking the unique private pool & water features, or step onto the Shoal Creek Hike & Bike Trail just steps away, offering a scenic route to downtown along the creek's edge. The quietness & privacy of the backyard cannot be overstated, unparalleled w/in the bustle of city life. Inside, discover the allure of warm French Oak floors, expansive windows, & tall ceilings throughout. Entertain effortlessly in the chef's kitchen w/Miele appliances, 36” gas cooktop, steam oven, & a spacious butler's pantry. The primary suite is a haven of luxury, boasting a floating double-vanity, marble-adorned bath, & an oversized, dual-headed walk-in shower. Each bedroom offers en-suite baths & ample storage, with one suite conveniently located on the main level. This home seamlessly marries modern elegance w/practicality, featuring a glass garage door, Tesla charger, a lower-level gym/office/craft room w/a scenic creek view. Completely gated for privacy, yet walking distance to shops, gourmet groceries, & acclaimed restaurants. Austin's premier private school, St. Andrews, is just across the street, making it ideal for professionals, doctors, & professors. Located minutes away from major hospitals & The University of Texas, this residence defines luxurious, convenient living in Central Austin. The home boasts super-insulated walls & attic space, top-of-the-line HVAC systems, gated front entry, pre-wired for a 2nd Tesla charger, & pre-wired for solar panels. A best-in-class security system w/occupancy monitors, sensors in every wet area, & full point-of-entry coverage. Photos are virtually staged. Square Footage includes gym.

Details

Property type

Single Family Residence

Est. home value

$3,450,997

Property condition

Updated/Remodeled

Lot size

0.26 acres

Price per sq ft

$743

Year built

2016

Annual property taxes

$46,185

Price History

03/27/2024
Austin

Austin #6105421

Price change
$3,000,000
-8.81%
03/05/2024
Austin

Austin #6105421

Price change
$3,290,000
-4.64%
09/30/2023
Austin

Austin #6105421

Listed
$3,450,000

Schools & Community

Neighborhood: 

Windsor Road

Elementary school: 

Bryker Woods

Middle school: 

O Henry

High school: 

Austin

Community features: 

Curbs, Park, Sidewalks, Street Lights

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,179,073
Asking price
$3,000,000
Closing costs (~8% of asking)
-$240,000
Est. remaining loan balance
-$1,580,927
Cash to seller
$1,179,073

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2016

Original loan amount

$1,892,000

Est. remaining balance

$1,580,927

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Steven G Britt and S Gail Eckhardt

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/07/2024 at 7:30 PM

Listing updated: 06/27/2024 at 10:02 AM

Listed by: Jeffrey Schnabel, Compass RE Texas, LLC Phone #: (512) 575-3644

MLS: Austin #6105421

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