tomo logo

$3,750,000

Beds
5
Baths
4.5
sq ft
3,660

401 W Milton St, Austin, TX 78704

401 W Milton St

Austin, TX 78704

  • 89 days on market
    • Price drop $100,000↓
Step into the ‘most walkable home in Austin’, where convenience meets luxury. With a stellar walk score of 96 out of 100, every amenity and attraction is just a seconds away. Nestled between Congress and 1st, this prime location puts you mere steps from the city's best retail outlets and culinary delights. SOHO House, Equinox, + Austin favorites Neighborhood Sushi, Homeslice just a short stroll away. But it's not just the location that sets this home apart—it's the breathtaking views. Enjoy a panoramic full downtown skyline, a sight that never fails to inspire. Downtown views from the second and third floor give the best seat in the city for July 4th and New Years fireworks. Crafted by the esteemed team at Logan Architecture and designed by the renowned Slic Design, every detail of this residence exudes sophistication and style. Step outside to your own private oasis, complete with a huge pool and cabana area. Immerse yourself in the double-sized hot tub, lounge on the beach area, or take a dip in the large pool, perfectly dimensioned for pool volleyball. With an automatic built-in pool cover, you can feel peace of mind with young kids and guests. But the true magic lies in the smart home sprinkled throughout the home, ensuring that every moment spent here is filled with comfort and delight. WIFI controlled lights, voice activated faucets, TOTO Bidets, Samsung Frame TV, CCTV, 2 Gig Google Fiber high speed internet, fully automated irrigation and landscape lighting and much, much more! Don't miss your chance to experience the ultimate Austin lifestyle. Schedule your viewing today and make this extraordinary residence your own. LOW TAX RATE

Details

Property type

Single Family Residence

Est. home value

$1,485,608

Property condition

New Construction

Lot size

6,599.34 sq ft

Price per sq ft

$1,025

Year built

2024

Annual property taxes

$29,092.76

Price History

06/14/2024
Austin

Austin #8239735

Price change
$3,750,000
-2.6%
04/04/2024
Austin

Austin #8239735

Listed
$3,850,000

Schools & Community

Neighborhood: 

Bouldin

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

Park, Restaurant

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

$1,531,322
Asking price
$3,750,000
Closing costs (~8% of asking)
-$300,000
Est. remaining loan balance
-$1,918,678
Cash to seller
$1,531,322

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

April 2022

Original loan amount

$2,000,000

Est. remaining balance

$1,918,678

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Alexander Nicholas Croft and Jodi Kathleen Croft

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: 07/02/2024 at 6:55 PM

Listing updated: 06/22/2024 at 4:18 PM

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

MLS: Austin #8239735

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