tomo logo

$545,000

Beds
3
Baths
2.5
sq ft
1,519

1145 Shady Ln Unit 1B, Austin, TX 78721

1145 Shady Ln Unit 1B

Austin, TX 78721

  • 9 days on market
Modern East Austin Gem – Steps from Walnut Creek Trail & Govalle Park. Discover a rare opportunity to own a beautifully designed 3BD, 2.5BA home in the heart of East Austin’s dynamic Govalle neighborhood. Nestled within the charming Pecan Grove Subdivision, this home offers a private, fenced-in backyard and unbeatable access to nature, coffee shops, and some of the city's hottest spots—all while being tucked away in a peaceful, welcoming community. Prime Location: Steps from the Southern Walnut Creek Trail, providing a scenic bike route to Downtown Austin. A short walk to Govalle Park with trails, sports courts, and picnic areas. One mile from Medici Coffee & Saten Coffee. Surrounded by East Austin’s vibrant food and drink scene, including Austin Eastciders, De Nada Cantina, and Canopy’s artist studios. Easy access to 183, the airport, and North Austin’s tech corridor, making commuting effortless. Thoughtful Design & Modern Comfort: Step inside this stylish two-story home, where modern craftsmanship meets everyday functionality. The open-concept living space is filled with natural light, featuring soaring ceilings, polished concrete floors, and a seamless flow for entertaining. The sleek kitchen boasts granite countertops, an oversized island, SS appliances, and a butler’s pantry with a café counter for extra prep & storage space. Serene Upstairs Retreat: The spacious primary suite offers a tranquil escape with a walk-in closet and spa-like ensuite bath. Two additional bedrooms and a full bath provide the perfect setup for guests, family, or a home office. Your Own Outdoor Sanctuary: Relax in your freshly landscaped backyard, where a shaded patio creates the perfect space for morning coffee, weekend grilling, or simply soaking in Austin’s unbeatable weather. If you’re looking for a home that seamlessly blends modern convenience, an active lifestyle, and East Austin’s vibrant energy, this is it. Schedule your showing today before this gem is gone!

Details

Property type

Condominium

Est. home value

$595,662

Lot size

4,573.8 sq ft

Price per sq ft

$359

Year built

2018

Annual property taxes

$11,601.9

Monthly HOA fee

$41.67

Price History

03/24/2025
Austin

Austin #5577723

Listed
$545,000

Schools & Community

Neighborhood: 

Johnston Terrace

Elementary school: 

Ortega

Middle school: 

Martin

High school: 

Eastside Early College

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

$192,454
Asking price
$545,000
Closing costs (~8% of asking)
-$43,600
Est. remaining loan balance
-$308,946
Cash to seller
$192,454

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

Seller’s Loan History

Lender

Capstar Lending Llc

Loan start date

August 2020

Original loan amount

$343,500

Est. remaining balance

$308,946

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Lindsey Mongrain and Dennis N Burnett

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: 04/02/2025 at 11:15 PM

Listing updated: 04/01/2025 at 9:34 AM

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

MLS: Austin #5577723

Austin logo

Recently listed in Austin

$650,000|3 bd|2.0 ba|House
$1,200,000|1 bd|2.0 ba|House
$1,675,000|3 bd|2.5 ba|House
$729,900|4 bd|3.0 ba|House
$750,000|3 bd|2.0 ba|House
$2,290,000|4 bd|4.0 ba|House
$885,000|4 bd|3.0 ba|House