Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$2,950,000

NAL Estimated Property Value

10500 Milky Way, Austin, TX, 78730

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths6,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$471.17 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Electric Oven, Built In Gas Range, Bar Fridge, Built In Oven, Built In Refrigerator, Convection Oven, Cooktop, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Stainless Steel Appliances, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGas Grill, Outdoor Grill, Rain Gutters, Fire Pit
Lot Size1.12 acres

Building Information

Year Built2005
Stories2
Roof Type112
Garage Spaces4

Land Information

APN01503002080000
Lot Number4
SubdivisionPreserve At River Place Sec 2 The
Land UseResidential
Legal DescriptionLOT 4 BLK B PRESERVE AT RIVER PLACE SEC 2THE
Census Tract032900
Assessed Land Value$395,000
Assessed Improvement Value$1,610,508
Assessment Year2025

About this property

Set on a beautifully landscaped 1.12-acre homesite in one of Austin’s premier luxury communities, this custom estate offers the rare combination of timeless design, functional living, and resort-style outdoor spaces. From the moment you arrive, the home’s commanding presence and mature landscaping create a sense of privacy and elegance that continues throughout all 6,261 square feet. Designed with both everyday comfort and entertaining in mind, the floor plan lives beautifully with 5 spacious en suite bedrooms, including 3 on the main level and 2 upstairs. The heart of the home is the stunning great room, where soaring spaces and a dramatic stone fireplace create a warm yet sophisticated gathering place. Multiple living and entertaining areas provide incredible flexibility, including formal and casual dining spaces, a private office, downstairs billiards/game room, and an upstairs game room with dedicated media room. The gourmet kitchen opens seamlessly to the living spaces and is equipped for both casual family dinners and large-scale entertaining. Premium stainless appliances include a 48” Wolf range, three ovens, warming drawer, built-in refrigerator, microwave oven, and two beverage refrigerators. An oversized utility room with abundant storage, sink, and additional refrigerator space adds everyday convenience rarely found in luxury homes. Step outside and the property transforms into a true private retreat. Expansive covered patios are designed for year-round enjoyment with a built-in grill, sink, and outdoor television overlooking the resort-style pool and spa. A fire pit and multiple entertaining areas create the perfect setting for everything from quiet evenings under the stars to unforgettable gatherings with family and friends. This is Austin Hill Country living at its finest, yet only 14 miles to downtown Austin.

Investor Tools

Property Icon
$2,920,000
Estimated Property Value
$1,127,181Estimated Mortgage Balance
$1,814,570Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,700 /month
Positive
Cash Flow Estimate:
$5,900 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,637/month
$462/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$41,045
$2,005,508
2025
$395,000
$1,610,508
$2,005,508
No

Tax History

Year
Tax Paid
Assessed Value
2024
$41,045
$2,005,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bll Financial Trust
Unknown
$1,540,000
No
First
Apr 25, 2014
Apr 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,127,181
$1,321,819
53%
39%
$9,234/mo

City: Austin

10500 Milky Way | Property Details | No Agent List