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$875,000

1004 Linscomb Dr, Austin, TX, 78734

$1,036,867 ARVInfo
On MarketInfo
Baths2 Bath
Baths2,567 Sq Ft
OtherOther
price_per_sqft$340.86 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

BankruptcyAuctionPre-ForeclosureOff-Market ListMust-SellDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Oven, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDock
Lot Size1.15 acres

Building Information

Year Built1975
Stories2

Land Information

APN01456802160000
SubdivisionPearson I H
Land UseResidential
Legal DescriptionABS 616 SUR 628 PEARSON I H ACR 1.146
Census Tract031400
Assessed Land Value$1,222,680
Assessed Improvement Value$408,296
Assessment Year2025

About this property

Set along a quiet private drive, this 1.15-acre property offers a rare opportunity to secure elevated Lake Travis waterfront in one of Lakeway’s most desirable pockets. With over 100 feet of shoreline and sweeping views across the cove, the setting delivers both privacy and long-term upside. Positioned above the waterline, the homesite provides a significant advantage for future construction. The elevation allows for new development without the need for stilts, creating a more efficient and flexible build process compared to many neighboring waterfront properties. The existing improvements include multiple structures, a grandfathered lakeside pavilion with indoor studio and half bath, and a two-slip boat dock with party deck. Mature trees, established stonework, and terraced paths lead down to the water, giving the property a sense of character and scale that is increasingly difficult to replicate. While the current home and structures offer potential for renovation, the highest and best use is likely redevelopment. This property reflects the growing emphasis on premier waterfront land, offering a generous footprint, usable topography, and exceptional positioning on the lake. Whether envisioned as a custom estate or a long-term investment, this is a standout opportunity to create something truly special on Lake Travis.

Investor Tools

Property Icon
$1,085,675
Estimated Property Value
$417,000Estimated Mortgage Balance
$619,436Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,036,867
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,514 /month
Positive
Cash Flow Estimate:
$2,171 /month

Interested in this property?

Emily Lottman

Phyllis Browning Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,258
$1,085,675
2025
$1,222,680
$408,296
$1,630,976
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,258
$1,085,675

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amp Lending
Conventional
$417,000
No
First
Aug 25, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,491
$798,509
63%
43%
$3,530/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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1004 Linscomb Dr | Property Details | No Agent List