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$2,000,000

5800 Lookout Mountain Dr, Austin, TX, 78731

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths3,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$665.78 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOven, Built-In Refrigerator, Gas Cooktop, Stainless Steel Appliance(s)
FlooringStone, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size21,135 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN01330909060000
Lot Number10
SubdivisionNorthwest Hills Sec 1
Land UseResidential
Legal DescriptionLOT 10 BLK C NORTHWEST HILLS SEC 1
Census Tract030700
Assessed Land Value$808,185
Assessed Improvement Value$526,954
Assessment Year2025

About this property

Perched among the treetops of coveted Northwest Hills, this meticulously preserved mid-century modern residence delivers the clean lines, honest materials, and indoor-outdoor connection that define the genre at its best. Vaulted beam ceilings, floor-to-ceiling glass, and clerestory windows throughout draw the tree canopy in from every angle, while a commanding native limestone fireplace anchors the expansive living space. Flagstone flooring runs continuously through the entry, kitchen, den, and dining areas — grounding the interior with texture and warmth — as hardwood takes over in the living room. The kitchen is thoughtfully outfitted with walnut cabinetry, a substantial center island with built-in oven and microwave, professional stainless appliances, and open shelving, flowing naturally into the den and media area without interruption. Stone walls and vaulted beam ceilings carry through both spaces, maintaining the home's architectural integrity at every turn. A private courtyard patio brings the outdoors in and extends the living space beyond the walls. The lower level offers an additional conditioned studio and storage space accessible via a private exterior entrance on the north end of the property — ideal for a workshop, creative studio, or expanded storage. Spanning 3,000 square feet across 4 bedrooms and 2.5 baths on a prime corner lot measuring nearly half an acre (.485 acres), this is a substantive home with genuine architectural character — a rare opportunity to own a true piece of Austin modernist history. Zoned to Highland Park Elementary, Lamar Middle, and McCallum High School.

Investor Tools

$773,098Estimated Mortgage Balance
$562,041Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,000 /month
Positive
Cash Flow Estimate:
$4,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,466/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,919
$1,335,139
2025
$808,185
$526,954
$1,335,139
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,919
$1,335,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st Alliance Mortgage Llc
Conventional
$845,000
No
First
Nov 1, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$773,098
$562,041
42%
58%
$5,067/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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5800 Lookout Mountain Dr | Property Details | No Agent List