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$1,100,000

705 Mariner, Lakeway, TX, 78734

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,900 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$379.31 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.75Bathrooms Full 2.75
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Self Cleaning Oven, Electric Water Heater
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size11,400 sqft

Building Information

Year Built1970
Stories1
Roof Type112
Garage Spaces2

Land Information

APN01418303030000
Lot Number391
SubdivisionLakeway Sec 3
Land UseResidential
Legal DescriptionLOT 391 LAKEWAY SEC 3
Census Tract033100
Assessed Land Value$563,750
Assessed Improvement Value$377,078
Assessment Year2025

About this property

Rare opportunity to acquire one of the first 300 homes built in Lakeway, an iconic post-modern masterpiece designed by renowned architect Girard Kinney. Originally completed in 1970 to embrace sweeping north-facing views of Lake Travis and capture refreshing year-round breezes, this architectural gem blends timeless design with an extraordinary natural setting. In 1977, the Art Studio, now serving as a versatile fourth bedroom, and the covered carport were thoughtfully added, transforming the property into an exceptional full-time residence. Tucked beneath a magnificent canopy of mature live oaks, the home enjoys remarkable privacy while surrounded by the beauty of the Texas Hill Country. The beautifully remodeled kitchen showcases Viking appliances, a built-in refrigerator, skylights, and luxurious suede quartz countertops. Flexible living defines the home, including the dramatic fourth bedroom with wraparound windows and loft, ideal as an artist's studio, executive office, or creative retreat. A charming guest suite also features a unique loft and private courtyard. The tranquil primary suite captures wooded, lake, and hill country views while offering a custom en-suite bath. Outside you'll find a greenhouse, workshop, and oversized two-vehicle carport. Expansive rear decking provides the perfect place to envision an infinity-edge pool cascading toward the lake. Located on the coveted south shore of Lake Travis, Lakeway offers an unmatched lifestyle only 25 miles west of downtown Austin. Residents enjoy championship golf, marinas, boating, tennis, pickleball, the Lakeway Activity Center, World of Tennis, Lakeway Swim Center, private airport, City Park, Porpoise Park, skate park, nearly 500 acres of greenbelts, over 100 acres of parks, scenic trails, dining, shopping, and endless recreation in one of Central Texas' most desirable communities. Top-rated Lake Travis ISD schools, vibrant community events, acclaimed restaurants, Hill Country Galleria and sunset views.

Investor Tools

$494,649Estimated Mortgage Balance
$451,320Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

Tommy Cokins

Tommy Cokins, Broker

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,309
$931,149
2025
$563,750
$377,078
$940,828
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,309
$931,149

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capstar Lending Llc
Conventional
$551,200
No
First
Jan 26, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$494,649
$436,500
46%
52%
$3,305/mo

City: Lakeway

705 Mariner | Property Details | No Agent List