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$1,570,000

Beds
4
Baths
2.5
sq ft
2,272

401 Lightsey Rd, Austin, TX 78704

401 Lightsey Rd

Austin, TX 78704

  • 51 days on market
    • Price drop $25,000↓
Welcome to 401 Lightsey Road, an architectural masterpiece that defines luxury living in Austin’s coveted 78704. This stunning 4-bedroom, 2.5-bathroom home offers 2,272 square feet of impeccable design, all set on a fully gated and fenced lot with a sprawling turfed backyard. Crafted with modern elegance and midcentury flair, this residence is truly one of a kind. As you enter, the soaring 15-foot ceilings in the living room immediately catch your eye, creating an open, airy atmosphere that is both grand and inviting. Natural light pours through the expansive windows, highlighting the beautiful custom wood slat TV wall and the elegant chandelier that sets the tone for sophisticated living. The attention to detail is evident in every inch of this home, from the custom walnut cabinetry to the high-end appliances in the gourmet kitchen. The kitchen is a chef’s dream, featuring sleek countertops, designer tile, and top-of-the-line appliances that make meal preparation a joy. Glass doors lead you to the covered patio and massive turfed backyard, where glass deck railings and mature trees create an inviting and private outdoor sanctuary. The second-floor primary suite offers the ultimate retreat, with its own private deck and a spa-inspired en-suite bathroom. Here, you’ll find a custom XL shower head, luxurious finishes, and a custom closet build-out that adds both style and functionality. The luxury white oak flooring provides warmth and elegance in every room, while the oversized windows ensure that each space is bathed in sunlight.

Details

Property type

Single Family Residence

Est. home value

$649,114

Property condition

New Construction

Lot size

6,220.37 sq ft

Price per sq ft

$692

Year built

2024

Annual property taxes

$15,571.96

HOA

No

Price History

11/09/2024
Austin

Austin #4571428

Price change
$1,570,000
-1.57%
10/22/2024
Austin

Austin #4571428

Price change
$1,595,000
-3.33%
10/02/2024
Austin

Austin #4571428

Listed
$1,650,000

Schools & Community

Neighborhood: 

Dawson

Elementary school: 

Galindo

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

$1,353,535
Asking price
$1,570,000
Closing costs (~8% of asking)
-$125,600
Est. remaining loan balance
-$90,865
Cash to seller
$1,353,535

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

Seller’s Loan History

Lender

Ciera Bank

Loan start date

February 2024

Original loan amount

$354,569

Est. remaining balance

$90,865

Interest rate

6.67%

Loan type

Not Provided, 1 year

Seller

Viscern Limited Liability Company and Liancun Wu

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 1:50 AM

Listing updated: 11/19/2024 at 8:50 AM

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

MLS: Austin #4571428

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