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$3,934,000

NAL Estimated Property Value

1703 Michael St, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths4,646 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$967.5 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt In Oven, Built In Refrigerator, Dishwasher, Electric Cooktop, Trash Compactor
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesExterior Steps, Sport Court
Lot Size34,543 sqft

Building Information

Year Built1961
Roof Type105
Garage Spaces3

Land Information

APN01020907160000
Lot Number2
SubdivisionPinckney Subd
Land UseResidential
Legal DescriptionLOT 2 PINCKNEY SUBD
Census Tract001923
Assessed Land Value$1,575,000
Assessed Improvement Value$1,152,906
Assessment Year2024

About this property

Looking for a special opportunity to build your forever estate home? Well, here it is. A 1.5 acre property comprised of two separately platted lots at .75 acres each, in a quiet, secluded area just 2.8 miles from downtown Austin and great proximity to Zilker Park and Barton Springs. This is the perfect location for an exemplary, custom built home with plenty of room for outdoor amenities. A winding drive elevates you to the center of the property where a westerly view is available. The existing home was built in 1961 and is over 4600 square feet. The split-level, ranch design used quality construction and materials, but is a likely candidate for major changes. Whether it's privacy or entertaining space that is desired, this property can fill the bill. Surrounded by luxury homes on large lots, and with only three homes on this short, quiet street, the location doesn’t get much better for a Central Austin estate. Recent survey available.

Investor Tools

Property Icon
$3,934,000
Estimated Property Value
$0Estimated Mortgage Balance
$3,934,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$26,970 /month
Positive
Cash Flow Estimate:
$8,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$6,144/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$54,062
$2,727,906
2024
$1,575,000
$1,152,906
$2,727,906
No

Tax History

Year
Tax Paid
Assessed Value
2024
$54,062
$2,727,906

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$3,934,000
100%
0%
$0/mo

City: Austin

1703 Michael St | Property Details | No Agent List