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$1,958,000

NAL Estimated Property Value

3900 Petes Path, Austin, TX, 78731

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$455.51 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Electric Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesUncovered Courtyard, Garden
Lot Size9,065 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN01220011180000
Lot Number81
SubdivisionRidgelea
Land UseResidential
Legal DescriptionLOT 81 RIDGELEA
Census Tract000101
Assessed Land Value$606,766
Assessed Improvement Value$712,382
Assessment Year2025

About this property

Crafted by architect Hugh Jefferson Randolph, 3900 Petes Path was designed to reflect the homeowner’s Texas and New Orleans heritage and accommodate a nine-and-one-half foot tall antique four poster bed and a Steinway grand piano. The home was crafted with heart pine floors found in an old structure in upstate New York. The beautifully aged brick - legend has, from a former governor’s mansion– was used for two fireplaces: one in the living room and another in the primary bedroom. The home has 10 foot ceilings in the main living areas that give the home an expansive feeling among the many built-ins found throughout the home. For the owner, the most special and wonderful space was the kitchen. Taking a historical cue from old Texas farmhouses (where the cooking was done in a separate space, apart from the living area) the kitchen has a distinct architecture to set it apart both aesthetically and functionally. Being only one story (with no second story above) allows for high arched ceiling with wooden beams. A metal roof – unique to that part of the house– makes for wonderful rainy days drinking coffee at the built-in banquette seating with a wood table crafted from a beautiful piece of Texas pecan. The space of the living room and into the kitchen create a wonderful flow for parties but also wonderful conversation areas. French doors in the kitchen, living room, and dining room open onto an interior deck. The house has seen many a great party thanks to the courtyard and the special use of space dedicated to the Steinway, which was an inspired design choice, as it made the space very well-suited for house concerts, allowing the homeowner to open up her home for jazz concerts, (the most memorable ones being jazz trios led by legendary jazz pianist Rich Harney before his untimely passing) and jazz guitar concerts from French musicians traveling through Austin on U.S. tours. This is a truly special home located in a very special community.

Investor Tools

Property Icon
$1,958,000
Estimated Property Value
$1,400,895Estimated Mortgage Balance
$557,105Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,748 /month
Positive
Cash Flow Estimate:
$3,916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$29,066
$1,319,148
2025
$606,766
$712,382
$1,319,148
No

Tax History

Year
Tax Paid
Assessed Value
2024
$29,066
$1,319,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$1,320,000
No
First
Apr 11, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,400,895
$293,105
17%
72%
$8,905/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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