2 months on rocket

1508 Pease Rd, Austin, TX, 78703

$1,600,000

0.22 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontNone
ViewNone
MLS #2845599
Lot Size0.22 Acres
StatusActive

About 1508 Pease Rd

Introducing an exquisite opportunity at 1508 Pease Rd, Positioned in the esteemed Old Enfield, one of Austin's most desirable neighborhoods. This property presents an unparalleled canvas for the discerning visionary. Encompassing a generous 9,667 sqft lot zoned SF-3, it offers boundless potential for transformation or development, aligning perfectly with ambitions of crafting a bespoke residence or exploring investment avenues through a duplex conversion. The main residence, an original 1932 3-bedroom, 1-bathroom home is set amidst a backdrop of ample space and mature trees. While in need of revitalization, this property stands as a testament to the allure of creating something truly remarkable from a foundation brimming with potential. Surrounded by multi-million dollar estates, your endeavors here will be in distinguished company. The area thrives with a sophisticated yet relaxed ambiance, offering an array of exquisite cafes, verdant parks, and top-tier eateries just moments away. The community's vibrant spirit and cohesive vibe enhance the appeal, making it a coveted destination for those who seek a blend of laid-back luxury and urban convenience. Seller has plans for an ADU **BRING ALL OFFERS. Terms are negotiable. Seller concessions/contributions negotiable with an offer**

Property Details

Property Features

Listing Office:

  • Office Name: @ properties Christie's International
  • Office Phone: (512) 368-8078
  • Listing Agent: Khani Zulu

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Private Entrance, Private Yard, Rain Gutters

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Interior Lot, Trees
  • Lot Size: 0.22 Acres

Other

Directions Information:

  • Directions: From downtown Austin, head east toward Lavaca St, turn right toward Lavaca St, turn left onto Lavaca St, turn left onto W 15th St, turn right onto Pease Rd, home will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,600,000

Tax Information:

  • Annual Amount: $18,425
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

1508 Pease Rd vs Austin

62 DAYS ON ROCKET

-10 Days

$1,600,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #2845599

Listing Office:

  • Office Name: @ properties Christie's International
  • Office Phone: (512) 368-8078
  • Listing Agent: Khani Zulu

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Texas Real Estate Commission Information About Brokerage Service

Last updated on: 11/10/2024, 3:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$18,425$901,100
2019$19,374$878,460
2018$16,074$798,600
2017$14,719$726,000

History based on county public records data.

Payment Calculator

$8,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,863

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-824080
8
/10
  • Matthews Elementary School

  • 906 W Lynn St

  • 0.41 miles

  • Public District Grades PK-6

school-card-donut-824081
10
/10
  • Casis Elementary School

  • 2710 Exposition Blvd

  • 1.46 miles

  • Public District Grades PK-5

school-card-donut-824082
9
/10
  • Bryker Woods Elementary School

  • 3309 Kerbey Ln

  • 1.56 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,066. The majority of Austin, TX residents have income less than $35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1508 Pease Rd

What is the listing price of this property?

The listing price of 1508 Pease Rd property is $1,600,000.

What type of property is this?

The property 1508 Pease Rd is land located in Austin, Texas, 78703.

Is this property for sale now?

Active Listing: 1508 Pease Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,425 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1508 Pease Rd is 0.22 acres.
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Rocket HomesTexasTravis CountyAustin787031508 Pease Rd

This home is located at 1508 Pease Rd in Austin, TX and zip code 78703 in the Old Enfield neighborhood. This home sits on a 0.22 acre lot. It has been listed on Rocket Homes since September 09, 2024 and is currently priced at $1,600,000.

Austin, TX housing market in October 2024 saw over 66 listings sold above listed price, more than 96 sold at listed price and over 506 sold below. The inventory of homes for sale in Austin, TX between September 2024 and October 2024 increased by 6.3%. While the average time on the market in October 2024 was 72 days, the median list price was $566,430.

From Rocket Homes Real Estate and based on county public records data.

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