See Home Value
$4,495,000
↓ $255K (5.4%)
● House - Off Market

1703 Michael ST

Austin, TX 78704
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,646 Ft²
$29,506
Est. Monthly
-0.48%
Cap Rate

About This Property

Looking for a special opportunity to build your forever estate home?  Well, here it is.  A 1.5 acre property comprised of two separately platted lots at .75 acres each, in a quiet, secluded area just 2.8 miles from downtown Austin and great proximity to Zilker Park and Barton Springs.  

This is the perfect location for an exemplary, custom built home with plenty of room for outdoor amenities. A winding drive elevates you to the center of the property where a westerly view is available. The existing home was built in 1961 and is over 4600 square feet. The split-level, ranch design used quality construction and materials, but is a likely candidate for major changes.  Whether it's privacy or entertaining space that is desired, this property can fill the bill.  Surrounded by luxury homes on large lots, and with only three homes on this short, quiet street, the location doesn't get much better for a Central Austin estate. Recent survey available.
Unit Size
4,646 Ft²
Days on Market
-
Land Size
1.55 acres
Price per sqft
$968
Property Type
House
Property Taxes
$7,434
HOA Dues
-
Year Built
1961

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Last updated: 2 years ago (Unlock MLS #ACT5836119)

Price History

Date / Event Date Event Price
Nov 9, 2024 Price Decreased $4,495,000
↓ $255K (5.4%)
Price Decreased
Oct 22, 2024 Price Decreased $4,750,000
↓ $250K (5%)
Price Decreased
Oct 8, 2024 Price Decreased $5,000,000
↓ $500K (9.1%)
Price Decreased
Sep 26, 2024 Price Decreased $5,500,000
↓ $500K (8.3%)
Price Decreased
Sep 6, 2024 Price Decreased $6,000,000
↓ $250K (4%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 956
  • Garage Type: 1
  • Garage Square Area: 828
  • Parking Space Count: 3
  • Patio Type: 98
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,543
  • Lot Size Depth Feet: 3,030
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 5,474
  • Gross Building Area: 5,474
  • Building Area: 4,646
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,646
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PINCKNEY SUBD
  • Land Acres: 0000000793
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 2 PINCKNEY SUBD

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 001923

Geography

  • Assessors Map Reference: 0102090716
  • Account Number: 102781
  • Parcel: 102781
  • Lot: 2
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.257
  • Longitude: -97.777

    Address

  • Full Address: 1703 Michael St
  • Address - House Number: 1703
  • Address - Street Name: Michael
  • Address - Suffix Type: St
  • State: TX
  • City Name: Austin
  • Carrier Code: C068
  • 4-Digit Zip Code: 2040
  • Zip Code: 78704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,170,160
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2088
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 2,556,807
  • High Value: 3,090,872
  • Low Value: 2,022,742

    Market Valuation

  • Market Total Value: $3,434,649
  • Market Land Value: $1,662,500
  • Market Improvement Value: $1,772,149

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,434,649
  • Assessed Land Value: $1,662,500
  • Assessed Improvements Value: $1,772,149
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Lamar


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Frequently Asked Questions

When was property at 1703 Michael Street built and last sold?
The property at 1703 Michael Street was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1703 Michael Street is $4,419,728.
What are some comparable homes to 1703 Michael Street?
There are currently no comparable homes to 1703 Michael Street.