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$1,250,000

NAL Estimated Property Value

601 Deep Eddy Ave, Austin, TX, 78703

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$712.29 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Free-Standing Gas Oven, Refrigerator, Washer/Dryer Stacked
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,534 sqft

Building Information

Year Built1922
Stories1
Roof Type105
Garage Spaces3

Land Information

APN01100606070000
Lot Number8
SubdivisionJohnson Charles Addn
Land UseResidential
Legal DescriptionLOT 8 BLK 2 JOHNSON CHARLES ADDN
Census Tract001602
Assessed Land Value$631,075
Assessed Improvement Value$470,968
Assessment Year2025

About this property

Open up this jewel box and find your gem. Absolutely charming Craftsman bungalow w/ detached studio guest quarters in the heart of Deep Eddy.  Built in 1922, this home has all the period details that give it original character yet modern conveniences. The main house hosts two bedrooms and one bath providing a cozy retreat located in one of Austin’s most sought-after neighborhoods. Relax with your morning cup of jo on the front porch w/ classic porch swing, reminiscent of slower times. Inside you will find the warm ambiance of original hardwood floors, a sweet dining room hutch, Tiffany inspired lighting, original built-ins & door hardware, tongue & groove paneling, and a charming twist chime doorbell – all bringing the flair to this historic designed home. The charm continues with the newly renovated kitchen w/ butcher block countertops, white brick backsplash, delightful flooring, matte black hardware and retro inspired black fridge. Your flex space off the laundry room can accommodate a work area or additional storage. Add the corner lot that's fully fenced with your back patio for outdoor dining and you have a gem. The surprise is the detached studio. Designed & built by award winning firm CG&S, the studio is a statement on its own, with exposed architectural steel truss and a full height clerestory window wall. Use the studio as guest suite, office, artist studio, gym or whatever your imagination brings. Below the studio is an oversized two car garage with a half bath & additional workshop area ideal for any creative pursuit. The best part is its location. Right outside your door, you can walk to Ladybird Lake/The Hike & Bike, Deep Eddy Pool, Lions Municipal Golf Course or ACL. Enjoy strolling to iconic eateries Pool Burger, Maudie’s, 68 Degrees, Juiceland, Deep Eddy Cabaret, Tumble 22 & Thundercloud Subs. With downtown 10 minutes away, you have everything you need to live the Austin lifestyle in the heart of Deep Eddy!

Investor Tools

Property Icon
$1,250,000
Estimated Property Value
$988,917Estimated Mortgage Balance
$264,274Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,650 /month
Positive
Cash Flow Estimate:
$2,550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,999
$1,102,043
2025
$631,075
$470,968
$1,102,043
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,999
$1,102,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citibank Na
Conventional
$1,024,129
No
First
Apr 29, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$988,917
$172,083
14%
79%
$6,141/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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601 Deep Eddy Ave | Property Details | No Agent List