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$1,474,000

Beds
4
Baths
3.5
sq ft
2,813

1405 Parkinson Dr, Austin, TX 78704

1405 Parkinson Dr

Austin, TX 78704

  • 16 days on market
    • Price drop $25,000↓
*Seller Financing Available* Contact us to understand how choosing seller financing will save you nearly $100,000 in downpayment and over $14,000 yearly. A secluded, modern hideaway that feels like a personal retreat while still being close to everything downtown Austin has to offer. The elevator is a practical luxury, but the unique details, like the copper bathtub and the elevated ceilings, make this place stand out. The oversized owner’s suite is a sanctuary. It takes up the entire left wing of the second floor and has its private living room, making it the perfect place to unwind. Enjoy downtown views from here; whether it’s the morning light or the city lit up at night, it’s always a treat. The location is unbeatable. In less than three minutes, you can be on Rainey Street, the boardwalk, or at the bat bridge, soaking in the best of Austin. Yet, the house is tucked away and hidden, so you don’t have to deal with traffic. Big Stacey Pool is just a minute away, and being only 0.2 miles from I-35 means everything is easily accessible but without the noise. One of the highlights for entertaining is the dining area. The glass wall slides back, letting in a beautiful breeze and creating an incredible space for hosting. Friends and family will love gathering in the kitchen and living area or stepping outside onto the small nook balcony. Practical touches make living here even better. With two separate laundry rooms, one on each floor, an oversized garage, and a little children’s nook on the garage level, the home is as functional as it is beautiful.

Details

Property type

Single Family Residence

Est. home value

$1,874,461

Lot size

8,062.96 sq ft

Price per sq ft

$524

Year built

2018

Annual property taxes

$31,910.47

HOA

No

Price History

01/16/2025
Austin

Austin #8324192

Price change
$1,474,000
-1.67%
01/06/2025
Austin

Austin #8324192

Listed
$1,499,000
12/19/2024
Austin

Austin #4180825

Removed

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

Curbs, Park, Sidewalks

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

$222,938
Asking price
$1,474,000
Closing costs (~8% of asking)
-$117,920
Est. remaining loan balance
-$1,133,142
Cash to seller
$222,938

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

Seller’s Loan History

Lender

Gardner Financial Services Ltd

Loan start date

March 2022

Original loan amount

$1,200,000

Est. remaining balance

$1,133,142

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Shruthi Venugopal and Sujoy Ganguly

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: 01/23/2025 at 6:15 AM

Listing updated: 01/22/2025 at 8:29 AM

Listed by: Todd Hower, Todd Hower Realty LLC Phone #: (512) 636-3970

MLS: Austin #8324192

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