NOT LISTED FOR SALE

1121 Robert e Lee Rd Austin, TX 78704

Zilker Neighborhood

Estimated Value: $3,411,362

1.59 Acres
$2,145,511 Price per Acre
69,260 Sq Ft Lot

Last Sold March 24, 2017

Current estimated payment $20,802/month

14 Days on Market

About This Lot

As of March 2017

This untouched 1.59 acre, Legacy estate site - previously owned by the same family for 65 plus years, is
now being listed for the first time. This lot & neighborhood represents so much that is quintessentially
Austin: A hidden breathtaking lot, that sits in a canopy of large Live Oaks. The rear of the lot is bordered
by Little Zilker Creek. A natural oasis that is perched above Barton Springs, Zilker Park, Lady Bird Lake &
Trails, minutes from the heart of Downtown. Seller financing available.

Last Agent to Sell the Property

Vince Heinz

Compass RE Texas, LLC License #0538603 Listed on: 11/03/2016

Compass RE Texas, LLC

Last Buyer's Agent

Garren Lester

Sacred Estate Realty License #0637015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $33,443

Lot Details

Property Views

  • Creek or Stream
  • Hills
  • Park or Greenbelt

Utilities

  • Sewer in Street
  • Phone Available

Property Details

Property Type

Land

Est. Annual Taxes

$33,443

Lot Details

0

Listing Details

  • Property Type: Lot
  • Property Sub Type: Single Lot
  • Access Instructions: See Agent
  • Architect Approved: Yes
  • Exclusions: See Agent
  • Restrictions: Yes
  • Restrictions Type: See Agent
  • Ratio Close Price By List Price: 0.74000
  • Ratio Close Price By Original Li: 0.74000
  • Ratio Current Price By Lot Size: 1163522.01
  • Special Features: None

Interior Features

  • View: Creek/Stream, Greenbelt, Hill Country, See Agent
  • Improvements: Public Maintained Road, Public Water
  • Region: Austin - South

Exterior Features

  • Fence: Cedar, Masonry, Wrought Iron
  • Trees: Large (Over 40 Ft), Medium (20 Ft - 40 Ft)
  • Waterfront: Yes
  • Waterfront Description: Creek/Stream
  • Water Access Description: See Agent

Utilities

  • Sewer: City At Street
  • Utilities: Electricity Available, Natural Gas Available, Phone Available
  • Water Source: City

Schools

  • School District: Austin ISD
  • Elementary A: Barton Hills
  • Intermediary: Yes
  • Middle Intermediate School: O Henry
  • High School: Austin

Lot Info

  • Endangered Species: See Agent
  • Land Sq Ft: 69620.000
  • Lot Size Area: 1.590
  • Mineral Rights: See Agent
  • Type of Home Allowed: See Agent
  • Zoning: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2019
Sold by
Joshi Rohit Rickey and Joshi Ricky
Bought by
Joshi Rohit Ricky and The Ricky 2017 Trust
Current Estimated Value
$3,411,362

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 24, 2017
Sold by
Pitzer Gregory P and Mcnally Eileen M
Bought by
Joshi Rohit Ricky
Seller's Agent
Vince Heinz
Compass RE Texas, LLC
Buyer's Agent
Garren Lester
Sacred Estate Realty
List Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$1,110,000
Outstanding Balance
$562,379
Interest Rate
3.35%
Mortgage Type
Commercial
Estimated Equity
$2,833,400
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Joshi Rohit Ricky -- None Available
Joshi Rohit Ricky $111,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ricky Joshi 2017 Trust $0
Open Joshi Rohit Ricky $1,110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold -- -- --
11/17/2016 11/17/16 Pending -- -- --
11/03/2016 11/03/16 For Sale $2,500,000 -- $496 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $33,443 $1,353,429 $1,353,429 --
2023 $28,699 $1,586,250 $1,586,250 $0
2022 $33,327 $1,687,500 $1,687,500 $0
2021 $24,488 $1,125,000 $1,125,000 $0
2020 $24,130 $1,125,000 $1,125,000 $0
2018 $24,907 $1,125,000 $1,125,000 $0
2017 $20,071 $900,000 $900,000 $0
2016 $20,071 $900,000 $900,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2167564

Unlock MLS (Austin Board of REALTORS®)

APN: 857506