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$1,750,000

1603 Willow ST, Austin, TX, 78702

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths2,942 Sq Ft
price_per_sqft$594.83 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Disposal, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliances, Wine Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony, Exterior Steps, Gas Grill, Lighting, Outdoor Grill, Private Yard, Rain Gutters
Lot Size5,554 sqft

Building Information

Year Built2022
Stories3
Roof Type121
Garage Spaces1

Land Information

APN02020723020000
Lot Number1
Subdivision1603 Willow Condominiums
Land UseResidential
Legal DescriptionUNT 1 1603 WILLOW CONDOMINIUMS PLUS 64.0 % INT IN COM AREA
Census Tract001000
Assessed Land Value$288,000
Assessed Improvement Value$1,193,926
Assessment Year2025

About this property

Welcome to this stunning custom home in the Holly District. Experience premium location with close proximity to downtown and convenient access to Ladybird Lake, the Hike & Bike Trail, and nearby restaurants/establishments. This meticulously designed space includes 5 bedrooms, 4 1/2 bathrooms, and a view of downtown from the top level. The flex space on the main level could also be used as an additional bedroom with an ensuite bathroom. Prepare meals in the gourmet kitchen complete with a farmhouse sink, XL Wolf Range with custom vent hood and pot filler, Bosch dishwasher, and Sub-Zero Fridge. Beautiful custom cabinetry not only in the kitchen but throughout the home. The huge center island also features a dual-temperature wine/beverage fridge. Don't miss the incredible woodwork in the living/dining ceiling when entering the home. Entertain in the covered outdoor space next to the fireplace while grilling your best BBQ in the outdoor kitchen equipped with a Kamadojoe, gas grill and sink. Retire to the primary suite on the 2nd floor outfitted with 2 walk-in closets and a bathroom featuring a walk-in shower, soaking tub, and dual vanities. Enjoy morning coffee on the large balcony that extends off the 2nd level. The 4 secondary bedrooms located on the upper floors share a full bathroom on each floor. The entire property is fully fenced for privacy and includes a motorized gate in front. The detached extended garage connects to the home by a covered breezeway and is wired for an EV charger. The hand-scraped wood floors are European White Oak. House is pre-wried for security system. LG ThinQ washer and dryer included.

Investor Tools

$643,134Estimated Mortgage Balance
$862,866Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

Interested in this property?

Seth Thompson

Kuper Sotheby's Int'l Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31,914
$1,481,926
2025
$288,000
$1,193,926
$1,481,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31,914
$1,481,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Building Or Construction Loan
$728,294
No
First
Jan 29, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$643,134
$862,866
57%
43%
$3,071/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,416/mo
$3,071/mo
$-655/mo
1.9%

City: Austin

1603 Willow ST | Property Details | No Agent List