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$1,500,000

Beds
4
Baths
3.0
sq ft
2,146

1506 E Side Dr, Austin, TX 78704

1506 E Side Dr

Austin, TX 78704

  • 64 days on market
Discover the allure of Austin's iconic Travis Heights in this vintage craftsman-style home nestled under a canopy of majestic Live Oak trees. This property exudes history, character, and natural beauty that is quintessential to the Travis Heights neighborhood over a .36 acre lot. The main home 514 Monroe features 2 bedrooms and 1 bathroom. The duplex 1506 East Side features 1 bedroom and 1 bathroom on each side. Step inside and be greeted by timeless wood floors that add warmth and character to this classic residence. You'll find vintage tile that showcases the enduring charm of yesteryears throughout the bathrooms. Enjoy the serene beauty of the outdoors from your screened-in porch, creating the perfect spot for relaxation and taking in the natural surroundings. This property is surrounded by a lush tree-filled lot, creating a natural oasis that is quintessential to Travis Heights. One of the most remarkable features of this property is the estimated presence of one of the oldest Live Oak trees in Austin, a living testament to the rich history of the neighborhood. The home is positioned next to the tranquil Blunn Creek, enhancing the peaceful ambiance and providing a soothing backdrop to everyday life. Travis Heights is just south of downtown Austin, making it a highly sought-after location for its convenience to the city's business, cultural, and entertainment districts. Travis Heights is just a short walk from South Congress Avenue, a vibrant and iconic district known for its unique shops, restaurants, and live music venues. It's a hub for local culture and shopping. Residents can enjoy the natural beauty of Big Stacy Park, which features a pool, walking trails, and lush green spaces. Little Stacy Park is another nearby park offering a playground and picnic areas.

Details

Property type

Est. home value

$2,025,352

Lot size

0.3626 acres

Price per sq ft

$699

Year built

1930

Annual property taxes

$36,421

Price History

05/01/2024
Austin

Austin #2465245

Listed
$1,500,000
03/12/2024
Austin

Austin #2591004

Removed
10/27/2023
Austin

Austin #2591004

Listed
$1,690,000

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

Curbs, Park, 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

$917,517
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$462,483
Cash to seller
$917,517

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

Seller’s Loan History

Lender

Primelending

Loan start date

October 2016

Original loan amount

$555,000

Est. remaining balance

$462,483

Interest rate

3.46%

Loan type

New Conventional, 30 year

Seller

Gregory C Porter

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: 07/04/2024 at 9:20 PM

Listing updated: 05/02/2024 at 4:05 AM

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

MLS: Austin #2465245

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