tomo logo

$2,300,000

Beds
4
Baths
3.5
sq ft
2,915

1611 Drake Ave, Austin, TX 78704

1611 Drake Ave

Austin, TX 78704

  • 133 days on market
    • Price drop $135,000↓
Welcome to 1611 Drake Avenue, a short 3 block stroll to iconic South Congress Avenue. Builder will add pool for only $10,000. Modern and serene living combine in this stunning new home built by the celebrated veteran builders Moore-Tate. Located in the heart of the vibrant Travis Heights neighborhood, this exquisite home offers the perfect blend of luxury, comfort, and convenience, with close proximity to South Congress Avenue, Stacy Park, and multiple greenbelts. This home features 4 spacious bedrooms, 3.5 elegant bathrooms, with the luxurious primary bedroom located on the main floor for added convenience and privacy. A dedicated home office downstairs provides the perfect workspace for remote work or study. The open concept living area seamlessly integrates the kitchen, dining, and living spaces, making it ideal for entertaining and family gatherings. Enjoy the usually beautiful Texas weather from the east facing screened porch, which extends your living space outdoors while providing protection from the elements. The private yard offers a versatile space for gardening, play, or outdoor activities. Additionally, the home is already permitted for a full size swimming pool, giving buyers the option to add a pool if desired. Throughout the home, you'll find thoughtful built-in storage solutions to keep your space organized and clutter-free. A unique transitional area from the dining to the primary bedroom makes a perfect coffee bar. This home is a true gem that offers an unparalleled lifestyle experience. Don't miss out on this opportunity to own a piece of Travis Heights luxury! Contact us today to schedule a private tour and make this dream home yours.

Details

Property type

Single Family Residence

Est. home value

$988,365

Property condition

New Construction

Lot size

6,969.6 sq ft

Price per sq ft

$790

Year built

2024

Annual property taxes

$14,474

HOA

No

Price History

11/08/2024
Austin

Austin #5844403

Price change
$2,300,000
-5.54%
10/08/2024
Austin

Austin #5844403

Price change
$2,435,000
-1.62%
10/02/2024
Austin

Austin #5844403

Price change
$2,475,000
-0.4%

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

Easy Street Capital Investments Llc

Loan start date

July 2022

Original loan amount

$1,340,700

Est. remaining balance

Not provided

Interest rate

5.25%

Loan type

Purchase Money Mortgage, 1 year

Seller

Moore Dirt Lp

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 8:35 PM

Listing updated: 11/08/2024 at 11:05 AM

Listed by: Clayton Bullock, Moreland Properties Phone #: (512) 480-0848

MLS: Austin #5844403

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