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$1,495,000

NAL Estimated Property Value

2701 & 2703 De Soto Dr, Austin, TX, 78733

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,182 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$469.83 / sqft
Year BuiltBuilt in 1940

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Free Standing Range, Disposal
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard

Building Information

Garage Spaces5

About this property

Three living spaces, two oversized garage and workshop spaces, and deeded Lake Austin access come together on approximately 0.63 acres to create a highly versatile property. Spanning approximately 3,182 square feet across three structures, this offering supports primary living, rental income, and workspace within one setting. The property includes a three bedroom, two bathroom main house, two separate guest apartments, and substantial garage and workshop space. The main residence is a restored 1940s bungalow relocated from Driftwood, featuring pine floors, classic trim, a fireplace, and a covered back patio. Guest Apartment 1 is located above a detached three car garage and offers approximately 864 square feet with a bedroom, bathroom, living area, kitchenette, and independent access, ideal for rental income, guests, or office use. Below, a three bay garage and workshop provides flexible space for storage, projects, or business use. Guest Apartment 2 is located within a cedar wrapped structure and offers approximately 728 square feet with a bedroom, bathroom, living area, and kitchenette. Below, an expansive workshop with 12 foot ceilings, large front and rear doors, and full insulation accommodates car lifts, boats, equipment, or storage. The property offers five garage bays with potential for seven. Deeded Lake Austin access includes use of one of the only private boat launches on the south side of Lake Austin west of the 360 bridge. The lot borders a creek and is surrounded by green space while remaining close to Westlake, Bee Cave, and central Austin.

Investor Tools

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$1,495,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,495,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,970 /month
Positive
Cash Flow Estimate:
$2,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Austin

2701 & 2703 De Soto Dr | Property Details | No Agent List