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$3,150,000

Beds
4
Baths
4.5
sq ft
3,028

501 E Mary St, Austin, TX 78704

501 E Mary St

Austin, TX 78704

  • 69 days on market
    • Price drop $145,000↓
Welcome to 501 E Mary St, Austin, TX, where luxury meets comfort in this stunning, modern home. Just one block to Stacy Park, 3 blocks to Congress Ave, and moments from Downtown, this corner lot property offers an exceptional location with the privacy of an urban retreat. Upon entering, you'll be greeted by high ceilings, floor-to-ceiling windows, and elegant architectural touches, energy efficient with foam insulation creating a sense of grandeur. With 4 bedrooms and 4.5 bathrooms, including a lavish primary ensuite with a separate shower and soaking tub, every detail exudes luxury including the Lutron lighting automation and automatic window shades. The kitchen is finished with high-end Miele kitchen appliances accompanied by an elegant butler's pantry. For those who enjoy hosting gatherings, the below-ground pool, barbecue area, and deck with outdoor gas/wood fireplace with a TV on the chimney with 12 built-in Bose speakers covering the patio area offer endless opportunities for outdoor enjoyment. The home has modern amenities including a security system, and voice intercom for added peace of mind. Revel in city views from the huge rooftop deck and benefit from up to $40,000 annual revenue from a studio short-term lease. This smart home is equipped with a range of modern amenities, including LED landscape lighting with WiFi connectivity, smart locks on all external doors and gates, built-in home surveillance cameras, a double garage with EV charger, parking on the drive for 4 cars, a Pentair WiFi-enabled pool automation system, and more. In the most prestigious location in Travis Heights, this home offers the perfect blend of luxury and comfort, making it a true gem in Austin's heart. Don't miss the chance to call this exceptional property your own.

Details

Property type

Single Family Residence

Est. home value

$2,682,810

Lot size

7,056.72 sq ft

Price per sq ft

$1,041

Year built

2018

Annual property taxes

$33,169.27

Price History

06/19/2024
Austin

Austin #4048878

Price change
$3,150,000
-4.4%
04/26/2024
Austin

Austin #4048878

Listed
$3,295,000

Schools & Community

Neighborhood: 

South River City

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

Community features: 

Park, Playground, Pool

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

Truist Bank

Loan start date

July 2022

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

4.2%

Loan type

Credit Line (Revolving), 25 year

Seller

Tim Sutton and Emma Sutton

Lender

First United Bank & Trust Co

Loan start date

November 2021

Original loan amount

$690,000

Est. remaining balance

$651,153

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tim Sutton and Emma Sutton

Lender

First United Bank & Trust Co

Loan start date

November 2021

Original loan amount

$690,000

Est. remaining balance

$651,153

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Tim Sutton and Emma Sutton

Lender

Central National Bank

Loan start date

March 2018

Original loan amount

$705,241

Est. remaining balance

Not provided

Interest rate

4.15%

Loan type

Commercial

Seller

Timothy Sutton and Emma Sutton

Lender

Central National Bank

Loan start date

March 2018

Original loan amount

$705,241

Est. remaining balance

Not provided

Interest rate

3.99%

Loan type

Commercial

Seller

Timothy Sutton and Emma Sutton

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: 07/04/2024 at 9:25 PM

Listing updated: 07/02/2024 at 8:50 AM

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

MLS: Austin #4048878

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