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$3,140,000

Beds
5
Baths
4.5
sq ft
3,960

1119 Fairmount Ave, Austin, TX 78704

1119 Fairmount Ave

Austin, TX 78704

  • 134 days on market
    • Price drop $10,000↓
Welcome to 1119 Fairmount Ave. This exquisite new construction home spans 3,960 square feet and is ready for immediate move-in. With five bedrooms and four and a half bathrooms, this residence is a true gem. Situated on a large, private lot, it features a sparkling pool and ample patio space perfect for entertaining. Located just 0.8 miles from the vibrant South Congress area, the home offers a perfect balance of urban convenience and serene privacy. The home is built with durable metal and steel framing, showcasing custom details throughout. Expansive windows fill the space with natural light, enhancing the wide plank flooring, custom lighting, and high-end materials used throughout. The sleek, gourmet kitchen is a chef's dream, featuring a stunning center island with a quartz waterfall countertop, a six-burner gas range with a pot filler, and a built-in sidebar with glass shelving and a wine fridge. The downstairs primary suite boasts a high ceiling, sliding glass doors leading to the pool area, and a spa-like bathroom with an oversized shower and soaking tub. Upstairs, you'll find a game room and a second living room or office space above the garage. The garage bedroom and living space come with a private entrance, making it ideal for a live-in nanny or guest quarters.

Details

Property type

Single Family Residence

Est. home value

$3,697,661

Property condition

New Construction

Lot size

0.251 acres

Price per sq ft

$793

Year built

2023

Annual property taxes

$33,968.52

HOA

No

Price History

10/28/2024
Austin

Austin #2073992

Price change
$3,140,000
-0.32%
07/18/2024
Austin

Austin #2073992

Price change
$3,150,000
-4.55%
06/27/2024
Austin

Austin #2073992

Listed
$3,300,000

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

None

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

Sunita And Khem Services Company Llc

Loan start date

August 2021

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.02%

Loan type

Commercial

Seller

Doors Development Gold Llc

Lender

Hornet Capital Llc

Loan start date

July 2021

Original loan amount

$2,010,000

Est. remaining balance

Not provided

Interest rate

3%

Loan type

Purchase Money Mortgage

Seller

Doors Development Gold 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?

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Status: Active

Tomo last checked: 11/08/2024 at 7:45 PM

Listing updated: 11/02/2024 at 8:35 AM

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

MLS: Austin #2073992

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