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$1,690,000

227 Smarty Jones Ave, Austin, TX, 78737

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths5,435 Sq Ft
SingleFamilyResidenceSingleFamilyResidence
price_per_sqft$310.95 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Gas Cooktop, Dishwasher, Disposal, Exhaust Fan, Microwave, Double Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater, Wine Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size1.52 acres

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces4

Land Information

APNR138111
Lot Number13
SubdivisionKey Ranch Sec 1
Land UseResidential
Legal DescriptionKEY RANCH SEC 1, LOT 13, ACRES 1.5179 TAX CODES:RSP,SDS
Census Tract010809
Assessed Land Value$302,090
Assessed Improvement Value$1,084,286
Assessment Year2025

About this property

Nestled on an oversized, tree-covered homesite in the gated community of Saratoga Hills, this former model home offers an exceptional combination of luxury, privacy, and everyday comfort. With more than 5,400 square feet of thoughtfully designed living space, the home is filled with natural light, highlighted by dramatic floor-to-ceiling windows that frame the resort-style backyard and custom pool. Designed for both entertaining and daily living, the spacious kitchen features an oversized island, abundant storage, a butler's pantry, and a walk-in pantry. The private primary suite serves as a peaceful retreat with patio access, tranquil views, a spa-like bath, and expansive walk-in closet with center island and direct access to both the primary bath and laundry room. Downstairs you will also find a dedicated media room with projector and screen that conveys, while upstairs living areas include a wet bar, flexible bonus spaces, and a hidden room perfect for a fitness studio, playroom, second media lounge, or home office. The expanded covered patio with outdoor fireplace creates seamless indoor-outdoor living, overlooking a sprawling backyard with endless possibilities for a sport court, casita, gardens, or additional outdoor amenities. Rarely do homes offer this level of privacy, usable land, mature trees, and luxury living just minutes from downtown Dripping Springs and an easy drive to Austin.

Investor Tools

$725,008Estimated Mortgage Balance
$934,070Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,140 /month
Positive
Cash Flow Estimate:
$3,380 /month

Interested in this property?

Keller Williams Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,277/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,042
$1,386,376
2025
$302,090
$1,084,286
$1,386,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,042
$1,386,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$828,000
No
First
Nov 21, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$725,008
$813,992
52%
44%
$4,965/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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