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$2,829,841

NAL Estimated Property Value

704 W Elizabeth St, Austin, TX, 78704

Off MarketInfo
Beds5 Beds
Baths6 Bath
Baths3,250 Sq Ft
price_per_sqft$1,000 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Oven, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Vented Exhaust Fan
FlooringWood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size5,833 sqft

Building Information

Year Built2020
Stories3
Roof Type105
Garage Spaces1

Land Information

APN01010110170000
Lot Number17
SubdivisionSouth Heights
Land UseResidential
Legal DescriptionLOT 17 BLK 3 SOUTH HEIGHTS
Census Tract001312
Assessed Land Value$576,037
Assessed Improvement Value$2,253,804
Assessment Year2025

About this property

Elizabeth St. is Joseph Design Builds latest luxury gated compound consisting of a main and guest house filled to the brim with thoughtful and inviting design choices and top-of-the-line interior finishes. This spacious property sits nestled in the heart of Bouldin Creek, and provides easy access to the restaurants and shops of South Lamar, South 1st, and many of other best parts of Austin living. Designed and built by the world-class team at Joseph Design Build, both layouts were carefully arranged to maximize space, comfort, and functionality. The main house features an open concept first-story floor plan that seamlessly blends the kitchen and living room into a single gorgeous space, making it perfect for entertaining or hosting. The numerous floor-to-ceiling windows offer ample natural light, as well as unobstructed views of the surrounding landscape. Natural stone countertops and backsplash pair perfectly with the built-in wooden cabinets and cleverly-hidden Wolf/Subzero appliances, and give the entire space a warm and creative energy. The outside pool and spa area is intimate and fully closed off from the street, and sits directly adjacent to the patio and fireplace for optimal convenience. The second floor holds the secluded owners suite, which includes a standing tub, enormous enclosed shower area, dual standing sinks, and walk-in closet. Across from those spaces are two additional bedrooms and the shared bathroom, which helps keep all the living spaces bundled but distinct. The third floor offers a bounty of additional exempted attic space, while providing an additional bedroom and lots of added storage. It also holds one of the most compelling aspects of the property — a large balcony with unobstructed views of the downtown skyline. The back house is smaller but equally well-designed. Its simple layout makes it perfect for use as a guesthouse, office area, or potential source of income as a rental or airbnb.

Investor Tools

Property Icon
$2,829,841
Estimated Property Value
$0Estimated Mortgage Balance
$2,829,841Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,500 /month
Positive
Cash Flow Estimate:
$6,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,812/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$55,592
$2,829,841
2025
$576,037
$2,253,804
$2,829,841
No

Tax History

Year
Tax Paid
Assessed Value
2024
$55,592
$2,829,841

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,829,841
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
N/A
+$2,470/mo
1.0%

City: Austin

704 W Elizabeth St | Property Details | No Agent List