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$4,495,000

Beds
4
Baths
4.5
sq ft
4,032

1115 Gillespie Pl, Austin, TX 78704

1115 Gillespie Pl

Austin, TX 78704

  • 219 days on market
    • Price drop $205,000↓
Indulge in refined living with this exceptional newly constructed residence in Austin's prestigious Travis Heights. This opulent home combines striking architectural design, impeccable craftsmanship, & lavish features to offer an unparalleled luxury lifestyle. From the entrance, marvel at the seamless integration of steel construction, creating floating rooms and expansive spaces. Every detail of this residence exudes contemporary elegance & comfort. Inside, experience sophistication with a level 5 finish and custom white oak floors, doors & cabinetry. Floor-to-ceiling windows fill the interiors with natural light, seamlessly blending indoor & outdoor living. The selection of materials & finishes is impeccable, including Italian porcelain & Hubbardton Forge lighting. Sound insulated walls ensure tranquility & recessed ceilings with back-lighting create a captivating atmosphere. The gourmet kitchen is a culinary masterpiece, equipped with top-of-the-line stainless steel appliances & a stunning black & white island with an exquisite leather finish. Step outside to a private oasis enclosed by a privacy wall and lounge by the poolside, which effortlessly transforms into a spa. The custom waterfall & pond add serenity, while the outdoor poolside TV offers entertainment. The deck, crafted from the finest Trex material, seamlessly extends the living space. A custom privacy screen with a vertical herb garden adds a touch of whimsy and elegance. The home also features a versatile office space that can serve as a fifth bedroom, wired for electronic exterior shades & adorned with Hubbardton Forge lighting. Indulge in sophistication with the temperature-controlled wine display featuring impressive 10' doors, perfect for wine enthusiasts. With its exceptional location in Travis Heights, renowned for its closeness to downtown, Lady Bird Lake and the SoCo district, this residence offers the epitome of sophisticated living. Co-Ownership opportunity for $1,124,000.

Details

Property type

Single Family Residence

Est. home value

$5,976,073

Property condition

New Construction

Lot size

0.283 acres

Price per sq ft

$1,115

Year built

2024

Annual property taxes

$45,263

Price History

06/12/2024
Austin

Austin #8558413

Price change
$4,495,000
-4.36%
05/08/2024
Austin

Austin #8558413

Price change
$4,700,000
-5.91%
03/12/2024
Austin

Austin #8558413

Price change
$4,995,000
-12.37%

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

Lake

High school district: 

Austin ISD

Seller’s Loan History

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

Lender

Finance Of America Commercial

Loan start date

December 2019

Original loan amount

$1,530,000

Est. remaining balance

Not provided

Interest rate

3.69%

Loan type

Commercial, 1 year

Seller

King G Properties Iii Llc

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?

Status: Active

Tomo last checked: 07/07/2024 at 2:50 PM

Listing updated: 06/30/2024 at 4:02 PM

Listed by: Russell Martin, KW-Austin Portfolio Real Estate Phone #: (512) 901-9600

MLS: Austin #8558413

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