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$2,819,000

NAL Estimated Property Value

3509 Cherry Ln, Austin, TX, 78703

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths3,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$813.12 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5.5Bathrooms Full 5.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Freezer, Gas Range, Microwave, Oven, Refrigerator, Washer/Dryer
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard
Lot Size6,303 sqft

Building Information

Year Built2002
Stories3
Roof Type105
Garage Spaces2

Land Information

APN01160904020000
Lot Number11
SubdivisionWalsh Place On Lake Austin
Land UseResidential
Legal DescriptionLOT 11 BLK 8 WALSH PLACE ON LAKE AUSTIN & 10 FT OF ADJ ALLEY
Census Tract001604
Assessed Land Value$1,125,000
Assessed Improvement Value$1,387,725
Assessment Year2024

About this property

Nestled in the prestigious Tarrytown neighborhood, "The Jewel Box of Austin" presents an unparalleled blend of elegance and craftsmanship. This designer-done jewel box spans over 3,600 square feet, featuring 5 bedrooms, each with en-suite bathrooms, and multiple living areas crafted for luxury and comfort. Upon entering, you are greeted by a foyer leading into a formal living room, accentuated by a stunning fireplace and dramatic cathedral ceilings. The chef’s kitchen is a masterpiece, boasting Carrara marble countertops, a top-tier Wolf range, Pirch fixtures, and a breakfast bar that seamlessly flows into a cozy family room with picturesque views of the lush back garden. The first-floor primary suite offers a sanctuary of warmth and sophistication, leading to an opulent primary bath complete with Carrara marble finishes, tile floors, a glass shower, a standalone tub, and a vast walk-in closet with a dressing area. Ascend to the second floor to find an elegant living space with a Juliet balcony and three sizable, en-suite bedrooms, enhancing the home’s luxurious feel. The third floor houses a large fifth bedroom or an optional office, media room, or playroom, adding flexibility to this exquisite home. The outdoor area features manicured landscaping, a tranquil fountain, and serene spaces for relaxation and entertainment. Additional amenities include a formal dining room, a two-car garage, exquisite light fixtures from Art House, a Bosch washer and dryer, custom drapes, and a charming, front-facing office with built-in bookshelves on the lower level. Magnificent windows throughout ensure a bright and inviting atmosphere. Situated on a tree-lined street in West Tarrytown, just moments from Lake Austin and Mozarts, this timeless gem is a rare find. Experience the epitome of luxury living in The Jewel Box of Austin.

Investor Tools

Property Icon
$2,819,000
Estimated Property Value
$1,972,811Estimated Mortgage Balance
$848,523Estimated Equity
30% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$1,850,126
2024
$1,125,000
$1,387,725
$2,512,725
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$1,850,126

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goldman Sachs Bank Usa
Conventional
$2,000,000
No
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,972,811
$846,189
30%
70%
$11,294/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.

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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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3509 Cherry Ln | Property Details | No Agent List