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$1,100,000

Beds
5
Baths
3.5
sq ft
3,383

5005 McCormick Mountain Dr, Austin, TX 78734

5005 McCormick Mountain Dr

Austin, TX 78734

  • 2 days on market
    • Open house Apr 05
Brand NEW 2024 construction!! This Brand New home is an open canvas waiting for its new owners vision. Less than a 1/4 mile to Lake Travis, Partial Lake Travis Views, First level AIRBNB Seperate 655sf Garage Apartment w/ Full kitchen and bath, seperate patio and seperate entry. No HOA, No Restrictions!!

Details

Property type

Single Family Residence

Est. home value

$550,848

Property condition

New Construction

Lot size

0.431 acres

Price per sq ft

$326

Year built

2024

Annual property taxes

$3,589

HOA

No

Price History

04/01/2025
Austin

Austin #8154079

Listed
$1,100,000

Schools & Community

Elementary school: 

Lake Travis

Middle school: 

Hudson Bend

High school: 

Lake Travis

Community features: 

Lake

High school district: 

Lake Travis 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

$475,080
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$536,920
Cash to seller
$475,080

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

April 2022

Original loan amount

$568,000

Est. remaining balance

$536,920

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Mitchell Sean Tamburri

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?

Status: Active

Tomo last checked: 04/02/2025 at 11:40 PM

Listing updated: 04/01/2025 at 4:07 AM

Listed by: Michael Humphreys, TEXAS HOMELINK, INC Phone #: (512) 940-5741

MLS: Austin #8154079

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