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$1,245,000

NAL Estimated Property Value

608 Terrell Hill Dr, Austin, TX, 78704

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,589 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$540.75 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Oven, Dishwasher, Disposal, Gas Cooktop
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size8,973 sqft

Building Information

Year Built1938
Stories2
Roof Type112
Garage Spaces2

Land Information

APN04040408490000
Lot Number2
SubdivisionLoveless Addn
Land UseResidential
Legal DescriptionCEN 45FT OF LOT 2 BLK 2 LOVELESS ADDN
Census Tract001307
Assessed Land Value$402,875
Assessed Improvement Value$659,084
Assessment Year2025

About this property

Cozy and creative home with big downtown views. This 78704 musician’s retreat was completely rebuilt in 2008. The home is situated on a very deep and private 8924 square foot lot with huge views from both levels. At night you can see the city lights, even from the front door. The home features a nice open living/kitchen layout with multiple bonus spaces. The owner’s suite is luxurious with double walk-in closets, a deck with that massive city view, and a luxurious bathroom complete with a vintage clawfoot tub. The main-level deck space includes a hot tub as well as a swim spa which makes for a relaxing and entertaining outdoor living space. Energy features include a tankless water heater and 32 solar panels (8750 watts). You can’t beat this close-in location near South First Street dining and entertainment. **Please note that the third bedroom downstairs is currently configured as an office, with an easy option to tie into existing plumbing and extend the powder room into a full bathroom**

Investor Tools

Property Icon
$1,245,000
Estimated Property Value
$1,023,187Estimated Mortgage Balance
$221,813Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,400 /month
Positive
Cash Flow Estimate:
$2,800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$25,535
$1,061,959
2025
$402,875
$659,084
$1,061,959
No

Tax History

Year
Tax Paid
Assessed Value
2024
$25,535
$1,061,959

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$1,125,000
No
First
Jun 15, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,023,187
$172,813
14%
82%
$4,516/mo

City: Austin

608 Terrell Hill Dr | Property Details | No Agent List