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$3,250,000

1605 Chelsea LN, Austin, TX, 78704

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths4,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$738.64 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Double Oven, Dishwasher, Gas Cooktop, Disposal, Microwave, Stainless Steel Appliances
FlooringCarpet Free, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Private Yard
Lot Size7,126 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces2

Land Information

APN03020326020000
Lot Number1
Subdivision1605 Chelsea Lane Condominiums Amended
Land UseResidential
Legal DescriptionUNT 1 1605 CHELSEA LANE CONDOMINIUMS AMENDED PLUS 60.0 % INT IN COM AREA
Census Tract001402
Assessed Land Value$330,000
Assessed Improvement Value$1,427,262
Assessment Year2025

About this property

This modern Travis Heights 2 home showpiece designed by award-winning architect Davey McEathron, delivers elevated design, functionality, and luxury in one of Austin’s most sought-after neighborhoods. Behind the striking modern facade of the main house, you'll find a light-filled, open-concept layout with soaring ceilings, walls of glass, and a seamless connection to the outdoors. Clean white walls, rich wood floors, and bold architectural details create a sophisticated yet warm atmosphere. This 5-bedroom home features a spacious second living area/flex space upstairs, ideal for a media room, office, or play space. The huge primary suite on the mail level includes an impressive walk-in closet and spa-like bath. Designed for entertaining and everyday living, enjoy the rooftop deck, a private sparkling pool in a private backyard retreat, and expansive indoor-outdoor spaces that flow effortlessly. Top of the line upgrades include a whole house generator, retractable awning, motorized shades, AV charger and many more. The two-car garage adds convenience and ample storage. The back house is a stylish 2-bedroom, 1,100 SF home featuring its own private pool, rooftop deck and offers the perfect setup as a high-performing Airbnb or a lock-and-leave guest house with it's own one car garage. This unique 2 home setting—nestled among majestic oaks—places you just moments from parks, trails, and Austin’s premier dining and entertainment on South Congress. Don't miss this incredibly rare investment opportunity in an unbeatable location.

Investor Tools

$1,208,431Estimated Mortgage Balance
$1,266,569Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,500 /month
Positive
Cash Flow Estimate:
$6,500 /month

Interested in this property?

Kelly Ilse

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,595/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,766
$1,757,262
2025
$330,000
$1,427,262
$1,757,262
No

Tax History

Year
Tax Paid
Assessed Value
2025
$18,766
$1,757,262

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Compass Bank
Unknown
$1,439,840
No
First
Oct 5, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,208,431
$1,266,569
51%
49%
$8,633/mo

City: Austin

1605 Chelsea LN | Property Details | No Agent List