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$1,062,000

NAL Estimated Property Value

597 Pear Tree Ln, Austin, TX, 78737

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Built-In Range, Cooktop, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave, Electric Oven
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesGarden, Private Yard
Lot Size10,193 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR167508
Lot Number1A-18
SubdivisionOakridge Park
Land UseResidential
Legal DescriptionOAK RIDGE PARK, BLOCK G, LOT 1A-18, ACRES 0.234 TAX CODES:RSP,SDS,MSH
Census Tract010816
Assessed Land Value$103,250
Assessed Improvement Value$704,985
Assessment Year2025

About this property

Experience a taste of paradise with The Larimar, a remarkable floor-plan by Taylor Morrison. This awe-inspiring home, facing East and constructed in 2023, has never been lived in before. Nestled in the breathtaking Hill Country neighborhood of Parten in South Austin, it boasts a coveted zoning within the highly acclaimed Dripping Springs ISD. Prepare to be captivated as you step inside this home, which showcases a range of impressive upgrades. A grand foyer welcomes you with its lofty ceilings, leading you to discover a formal dining area and a magnificent family room. The family room is adorned with floor-to-ceiling tiles on the fireplace and boasts 15-foot sliding doors, which beckon you to the stunning patio offering sunset views and a serene greenbelt backdrop. However, the true centerpiece of this home is its extraordinary gourmet kitchen. With its sleek cabinets, stainless steel appliances, butlers' area, double pantry, broom closet, and an expansive island adorned with exquisite gold pendants, the kitchen steals the show. The ground floor also presents a secondary bedroom complete with an en-suite bathroom, as well as an owner's suite designed to ignite your imagination. The owner's suite offers a lavishly appointed owner's bath, a deep walk-in closet that leads to a laundry area equipped with cabinets, sink, and a convenient countertop for folding clothes. Additionally, the home features a powder room (half-bath) on the ground floor, providing convenience for both residents and guests alike. Ascend the gracefully curved staircase to discover an upstairs area that showcases three generously-sized bedrooms, each with its own walk-in closet. Accompanying the bedrooms are three full bathrooms, a media room, and an awe-inspiring game room that is sure to leave a lasting impression. Don't miss this exceptional 5-bedroom, 4.5-bath home with over $200,000 in upgrades. Make it your forever home and discover the unparalleled beauty and luxury it offers.

Investor Tools

Property Icon
$1,062,000
Estimated Property Value
$544,748Estimated Mortgage Balance
$518,179Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,372 /month
Positive
Cash Flow Estimate:
$2,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,326/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$22,597
$808,235
2025
$103,250
$704,985
$808,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
$22,597
$808,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Taylor Morrison Home Funding Llc
Conventional
$574,495
No
First
Jun 22, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$544,748
$438,252
44%
51%
$3,445/mo

City: Austin

597 Pear Tree Ln | Property Details | No Agent List