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$2,725,000

Beds
5
Baths
5.0
sq ft
4,476

2001 Travis Heights Blvd, Austin, TX 78704

2001 Travis Heights Blvd

Austin, TX 78704

  • 191 days on market
    • Price drop $100,000↓
Situated on a corner lot, this modern craftsman abode is nestled in the highly sought after and charming neighborhood of Travis Heights, blocks away to Austin’s famed stretch of South Congress —with all the best restaurants, shopping and entertainment. This property offers a rare opportunity to own a true compound with income producing potential. Comprised of a spacious main house, a separate guest casita with private access, a two car garage and an outdoor oasis with a salt water pool, spa and sport court, the possibilities are endless. The main house spans three levels, offering a versatile and spacious living arrangement. The entry-level features a well-equipped kitchen open to the living and dining rooms, along with a flex space, all flooded with natural light. On the same level a bedroom with direct access to the covered patio space and a full bath are present. Ascend the floating staircase to the private primary suite, a retreat in and of itself, with a spacious bathroom featuring a soaking tub, euro shower and two vanities along with a walk- in closet. An adjacent second ensuite bedroom with full bathroom offers nature filled views. The lower level, formerly a recording studio, boasts large windows and direct access to the backyard, enhancing its potential as a multi-functional space, it also has a full bath. Offering a range of amenities designed for both relaxation and recreation, enjoy a covered porch overlooking the heated salt water pool & spa and sport court. Ideal for entertaining with complete privacy. Additional features include a two-car garage with alley access and separate entrance to guest casita. The casita has an efficiency apartment conveniently located on the main level, while the two-bedroom apartment, complete with full kitchen, living, and full bathroom is situated upstairs. The casita is ideal for an office, guests or rental opportunities. Short-term and long term rentals are permitted, for potential income generation.

Details

Property type

Single Family Residence

Est. home value

$2,764,861

Lot size

0.259 acres

Price per sq ft

$609

Year built

2005

Annual property taxes

$52,711

HOA

No

Price History

09/27/2024
Austin

Austin #8122586

Price change
$2,725,000
-3.54%
07/25/2024
Austin

Austin #8122586

Price change
$2,825,000
-2.59%
06/13/2024
Austin

Austin #8122586

Listed
$2,900,000

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

None

High school district: 

Austin ISD

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

$545,324
Asking price
$2,725,000
Closing costs (~8% of asking)
-$218,000
Est. remaining loan balance
-$1,961,676
Cash to seller
$545,324

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

Seller’s Loan History

Lender

First United Bank & Trust Co

Loan start date

May 2023

Original loan amount

$2,000,000

Est. remaining balance

$1,961,676

Interest rate

6.27%

Loan type

New Conventional, 29 year

Seller

James Vernon

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: 12/22/2024 at 10:15 AM

Listing updated: 11/23/2024 at 3:02 PM

Listed by: Bridget Ramey, Kuper Sotheby's Int'l Realty Phone #: (512) 831-6577

MLS: Austin #8122586

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