tomo logo

$3,733,977Estimated home value

Beds
4
Baths
4.5
sq ft
5,502

5204 Ridge Oak Dr, Austin, TX 78731

5204 Ridge Oak Dr

Austin, TX 78731

  • Off market
unique FINANCING available, inquire for details, win/win for all.Dont miss your opportunity to own one of Austin's Iconic residences. 5204 Ridge Oak Drive, a iconic 1964 Mid Century home is located just minutes away from downtown Austin and Lady Bird Lake. A beautiful blend of mid-century modern architecture with updated contemporary design makes this home a must-see, offering original poured terrazzo floors, high ceilings, and walls of glass. The gourmet kitchen is equipped with top-of-the-line appliances, including a 48" Blue Star range, SubZero refrigerator, Miele coffee station, and steam oven, all centered around a marble island with new quartz counters and backsplash. The primary bedroom is a cozy retreat with a skylight, double-sided fireplace, custom walnut closet by Mule Studio, and a remodeled bath. Upstairs, the addition with floor-to-ceiling windows provides breathtaking city views, and sliding glass doors overlook the pool, making it an ideal home office, gym or studio. The .46-acre lot boasts a private pool, an expansive yard, and a stunning Texas Oak Tree. The floating addition by architect Stan Haas of the Long Center restoration project brings Austin Performing Arts history into your backyard, making this home truly unique and an entertainer's dream! Living in the heart of rich Texas history, you'll have access to an eclectic mix of culture, music, performing arts, and dining. Austin is an epicenter of creativity. You can easily plug into its inspiring energy by visiting world-renowned art museums, galleries, performing arts spaces, and annual art and music events. Spend your weekends discovering award-winning wines, picturesque vineyards, and quaint bed & breakfast inns scattered throughout the beautiful Texas Hill Country.

Details

Property type

Single Family Residence

Est. home value

$3,733,977

Lot size

0.4589 acres

Price per sq ft

$636

Year built

1964

Annual property taxes

$43,308.27

Price History

08/17/2024
Austin

Austin #3317275

Removed
08/01/2024
Austin

Austin #3317275

Listed
$3,499,000
07/27/2024
Austin

Austin #3317275

Removed

Schools & Community

Elementary school: 

Highland Park

Middle school: 

Lamar (Austin ISD)

High school: 

McCallum

Community features: 

Curbs, Street Lights

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

$1,043,443
Asking price
$3,499,000
Closing costs (~8% of asking)
-$279,920
Est. remaining loan balance
-$2,175,637
Cash to seller
$1,043,443

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 Citizens Bank & Trust Co

Loan start date

March 2021

Original loan amount

$2,362,500

Est. remaining balance

$2,175,637

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Darius Fisher

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: Off Market

Tomo last checked: 10/05/2024 at 7:20 PM

Listing updated: 08/13/2024 at 8:16 AM

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

MLS: Austin #3317275

Austin logo

Recently listed in Austin

$990,990|5 bd|4.5 ba|House
$485,000|3 bd|2.0 ba|House
$975,000|4 bd|3.0 ba|House
$365,000|4 bd|2.0 ba|House
$950,000|3 bd|2.0 ba|House
$378,000|3 bd|1.5 ba|House
$475,000|3 bd|1.0 ba|House
$475,000|2 bd|1.0 ba|House
$475,000|2 bd|1.0 ba|House