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$1,660,000

3701 Peak Lookout Dr, Austin, TX, 78738

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths4,875 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.51 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Double Oven, Refrigerator, Trash Compactor, Washer
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built1982
Stories3
Roof Type183
Garage Spaces3

Land Information

APN01277303070000
Lot Number1-3
SubdivisionCherry Mountain Phs Ii
Land UseResidential
Legal DescriptionLOT 3A RESUB LOT LOTS 1-3 9-10 CHERRY MOUNTAIN PHS II
Census Tract037000
Assessed Land Value$798,000
Assessed Improvement Value$789,211
Assessment Year2025

About this property

Southwest meets MODERN! High end executive home with incredible views of the Texas Hill Country. Minutes to Hill Country Galleria and Lakeway. Private courtyard entry with pool, wood flooring, main living with soaring ceilings and fireplace, gourmet kitchen with Wolf cooktop and SubZ refrigerator, wine storage room, spa like master bath with soaking tub and separate shower, and 3rd floor game room with huge roof top patio. 3 car garage. Incredible attention to detail.Guest Accommodations: Yes

Investor Tools

Property Icon
$1,660,000
Estimated Property Value
$620,000Estimated Mortgage Balance
$1,130,438Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,960 /month
Positive
Cash Flow Estimate:
$3,320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,389/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,372
$1,587,211
2025
$798,000
$789,211
$1,587,211
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,372
$1,587,211

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Arm (Adjustable Rate Mortgage)
$620,000
No
First
Mar 5, 2019
Apr 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$531,962
$1,156,038
68%
32%
$2,914/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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3701 Peak Lookout Dr | Property Details | No Agent List