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$1,395,000

Beds
5
Baths
4.0
sq ft
2,701

3406 Merrie Lynn Ave, Austin, TX 78722

3406 Merrie Lynn Ave

Austin, TX 78722

  • 110 days on market
    • Price drop $55,000↓
Builder paid rate buy down available, inquire for details. Rail near property is Capital Metro Light Rail, super quiet and not a traditional rail line. 3406 Merrie Lynn, set on one of the most shaded, private, and central streets in Cherrywood, is a four bedroom plus office (or 5 bedroom), four full bathroom eco-home built by Honed Homes with hand selected designer finishes. Sitting on a large corner lot with a detached one car garage and optional carport, the covered entry to the home is private and elevated above the street level and is surrounded by landscaped lawn and custom cedar fencing. The main level is open and light filled, with a stunning chef’s kitchen opening on to a vast living space with soaring ceilings, flanked by a separate bar and dining room with views of the front and rear grounds throughout, including a space off the living room that has ample room for a pool. The kitchen is appointed with custom quartzite waterfall countertops, Bosch appliances, and Zellige tile hand selected by the designer. Also downstairs is an office suite, or full bedroom, with an adjacent full bathroom. On the second level, two guest bedrooms are opposite the stunning primary suite that feels like you are amongst the treetops. The primary bathroom is spacious and luxurious with a soaking tub, a large separate glassed shower, separate water closet, dual vanity, and a well-appointed primary closet. The upper level contains a full office or guest suite, with a full bathroom and a private terrace, with endless green views and a custom shade structure. Other features include whole home dehumidification, whole home HEPA-9 air filtration, abundant insulation, triple-pane windows throughout, irrigation, and more.

Details

Property type

Single Family Residence

Est. home value

$501,294

Property condition

New Construction

Lot size

7,100.28 sq ft

Price per sq ft

$517

Year built

2024

Annual property taxes

$10,460

HOA

Yes

Price History

10/31/2024
Austin

Austin #8137164

Price change
$1,395,000
-3.79%
08/27/2024
Austin

Austin #8137164

Price change
$1,450,000
-3.27%
08/03/2024
Austin

Austin #8137164

Listed
$1,499,000

Schools & Community

Neighborhood: 

Upper Boggy Creek

Elementary school: 

Maplewood

Middle school: 

Kealing

High school: 

McCallum

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

Frost Bank

Loan start date

October 2023

Original loan amount

$1,314,905

Est. remaining balance

Not provided

Interest rate

7.18%

Loan type

Building or Construction Loan

Seller

Drake New Homes Llc

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: 11/22/2024 at 1:30 AM

Listing updated: 11/19/2024 at 7:32 AM

Listed by: Michael Reisor, Douglas Elliman Real Estate Phone #: (512) 866-3795

MLS: Austin #8137164

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