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Backup Offers

1611 Drake Ave, Austin, TX, 78704

$2,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
2,915 SqFt
$789/SqFt
House

Location

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1611 Drake Ave, Austin$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Garage1 space
Year BuiltNew Const., 2024
HeatingCentral
CoolingCentral Air
WaterfrontNone
ViewNeighborhood
MLS #5844403
Lot Size0.16 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1611 Drake Ave

Welcome to 1611 Drake Avenue, a short 3 block stroll to iconic South Congress Avenue. Builder will add pool for only $10,000. Modern and serene living combine in this stunning new home built by the celebrated veteran builders Moore-Tate. Located in the heart of the vibrant Travis Heights neighborhood, this exquisite home offers the perfect blend of luxury, comfort, and convenience, with close proximity to South Congress Avenue, Stacy Park, and multiple greenbelts. This home features 4 spacious bedrooms, 3.5 elegant bathrooms, with the luxurious primary bedroom located on the main floor for added convenience and privacy. A dedicated home office downstairs provides the perfect workspace for remote work or study. The open concept living area seamlessly integrates the kitchen, dining, and living spaces, making it ideal for entertaining and family gatherings. Enjoy the usually beautiful Texas weather from the east facing screened porch, which extends your living space outdoors while providing protection from the elements. The private yard offers a versatile space for gardening, play, or outdoor activities. Additionally, the home is already permitted for a full size swimming pool, giving buyers the option to add a pool if desired. Throughout the home, you'll find thoughtful built-in storage solutions to keep your space organized and clutter-free. A unique transitional area from the dining to the primary bedroom makes a perfect coffee bar. This home is a true gem that offers an unparalleled lifestyle experience. Don't miss out on this opportunity to own a piece of Travis Heights luxury! Contact us today to schedule a private tour and make this dream home yours.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Stories: 2
  • Living Area: 2,915 SqFt

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Clayton Bullock

Interior Features

Interior Information:

  • Appliances: Refrigerator, Gas Cooktop
  • Flooring Type: Wood
  • Interior: Built-in Features, Double Vanity, Eat-in Kitchen, Kitchen Island, Multiple Living Areas, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: Neighborhood
  • Exterior: Private Yard

Parking Information:

  • Garage Space: 1 space
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Landscaped
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading south on South Congress Avenue, turn east on Monroe and south onto Drake Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $789/SqFt

Tax Information:

  • Annual Amount: $13,980
  • Tax Year: 2020
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Housing Market Comparison

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

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Austin, TX

City

Med. Sold Price

$566.4K

Med. Price/SqFt

$307

Avg. Days On Market

72

# of Sold Homes

669

1611 Drake Ave vs Austin

141 DAYS ON ROCKET

+69 Days

$2,300,000

+$1.7M More

$789/SqFt

+$481 More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $481/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #5844403

Listing Office:

  • Office Name: Moreland Properties
  • Office Phone: (512) 480-0848
  • Listing Agent: Clayton Bullock

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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Last updated on: 11/17/2024, 2:20:51 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$13,980$627,822
2019$13,465$627,822
2018$13,416$575,045
2017$12,337$605,970

History based on county public records data.

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$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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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-444275
7
/10

  • Travis Heights Elementary School

  • 2010 Alameda Dr

  • 0.34 miles

  • Public Charter Grades EE-5

school-card-donut-444276
8
/10

  • Becker Elementary School

  • 906 W Milton St

  • 0.80 miles

  • Public District Grades PK-5

school-card-donut-444277
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 1.11 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $135,833. The most common annual income of people living in Austin, TX is between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1611 Drake Ave

What is the listing price of this property?

The listing price of 1611 Drake Ave property is $2,300,000.

What type of property is this?

The property 1611 Drake Ave is a house located in Austin, Texas, 78704.

Is this property for sale now?

Accepting Backup Offers: 1611 Drake Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,980 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1611 Drake Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1611 Drake Ave is 2,915 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1611 Drake Ave is 2024.

Rocket Homes›Texas›Travis County›Austin›78704›1611 Drake Ave

This home is located at 1611 Drake Ave in Austin, TX and zip code 78704 in the Travis Heights / South River City neighborhood. This 2,915 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $2,300,000.

Over 66 listings were sold over their listed price in October 2024 in Austin, TX. In the same period over 506 listings were sold below the listed price and 96 listings were sold for the listed price. The number of homes for sale in Austin, TX increased by 6.3% between September 2024 and October 2024. 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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