NOT LISTED FOR SALE

1703 Wild Basin Ledge Unit 1 & 2 Austin, TX 78746

Westlake Neighborhood

Estimated Value: $783,000 - $1,553,201

5 Beds
3 Baths
2,512 Sq Ft
0.4 Acres

Last Sold March 31, 2022

Current estimated payment $7,156/month

4 Days on Market

Highlights

  • Two Primary Bedrooms
  • Two Primary Bathrooms
  • Wood Flooring
  • Eanes Elementary School Rated A+
  • Living Room with Fireplace
  • High Ceiling

About This Home

As of March 2022

Calling all owner-occupants and investors alike! This .40-acre lot with two attached units is a Westlake dream! Situated on a private lot just East of the Wild Basin Nature Reserve, this wonderful property offers two beautiful units with a huge shared backyard and incredible views of Downtown Austin from the private balconies. Unit 1 is a 3/2 with 1,377 square feet featuring a comfortable living space with a double-height ceiling and fireplace, a functional kitchen with stainless steel appliances, a dining area with direct access to the back deck, and two secondary bedrooms on the upper floor in addition to the primary suite. Unit 2 offers a similar floorplan with 2 bedrooms, 1 bath, and 1,135 square feet. The large shared backyard is surrounded by a wood privacy fence and many mature trees that provide excellent shade and additional privacy. The backyard has plenty of space for lively outdoor celebrations including two extended decks where you can entertain or lounge while breathing in the fresh air. There is also a treehouse where the little ones can enjoy countless hours of fun! Located less than 5 minutes from Lake Austin Marina and West Lake Beach. Easy access to MOPAC, 360, and just 6 miles to all the culture and entertainment that Downtown Austin has to offer. Zoned to acclaimed Eanes ISD schools. Whether you decide to occupy the units, rent them out, or tear down and build custom - the opportunities are endless! Schedule a showing today!

Last Agent to Sell the Property

Carson Hiner

Compass RE Texas, LLC License #0633332 Listed on: 02/10/2022

Compass RE Texas, LLC

Last Buyer's Agent

Shanfeng Cheng

FlashPeak Realty License #0685675

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,841

Year Built

  • Built in 1965

Lot Details

  • West Facing Home
  • Wood Fence
  • Back Yard Fenced and Front Yard
  • To be sold together with PID 01211308030000
  • Property is in good condition

Parking

  • 2 Car Attached Garage
  • Multiple Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Raised Hearth
  • Stone Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Dining Area
  • Wood Flooring
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Stainless Steel Appliances
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Double Master Bedroom
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Home Security

Outdoor Features

  • Balcony
  • Covered patio or porch

Schools

  • Bridge Point Elementary School
  • Hill Country Middle School
  • Westlake High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01211308020000

Community Details

Overview

  • No Home Owners Association
  • Wild Basin Condo Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,841

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1965
  • Additional Parcels Description: To be sold together with PID 01211308030000
  • Additional Parcels: Yes
  • Direction Faces: West
  • Directions: Bee Caves to Westlake Dr. Left on High Rd. Stay Left. left on Wild Basin Ledge.
  • Disclosures: Other Disclosures
  • Fencing: Back Yard, Fenced, Privacy, Wood
  • Fireplaces: 2
  • Garage Spaces: 2
  • Levels: Two
  • Living Area: 2512
  • Other Structures: None
  • Special Listing Conditions: See Remarks
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 18822.03
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Two Primary Baths, Two Primary Suties, Breakfast Bar, High Ceilings, Stone Counters, Electric Dryer Hookup, Entrance Foyer, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Washer Hookup
  • View: See Remarks
  • Flooring: Wood
  • Fireplace Features: Living Room, Raised Hearth, Stone, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Free-Standing Electric Oven, Free-Standing Electric Range, Stainless Steel Appliance(s), Electric Water Heater
  • Property Condition: Resale, Good
  • Security Features: Smoke Detector(s)
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Inside,Multiple Locations
  • Num Dining: 2
  • Num Living: 2
  • Num Other Level Beds: 5

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Private Yard
  • Roof: Composition, Shingle
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Door-Multi, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric, Multi Units

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Bridge Point
  • High School: Westlake
  • Middle/Junior School: Hill Country
  • Junior High Dist: Eanes ISD

Lot Info

  • Lot Features: Back Yard, Front Yard, Private
  • Parcel Number: 01211308020000
  • Lot Size Acres: 0.4
  • Lot Size Sq Ft: 17424
  • Subdivision Name: Wild Basin Condo

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10841
  • Tax Map Number: 1
  • Tax Filled Sqft Total: 1377
  • Tax Rate: 1.68798000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 31, 2022
Sold by
Brooks Jason and Brooks Mallory
Bought by
Zhu Lei
Seller's Agent
Carson Hiner
Compass RE Texas, LLC
Buyer's Agent
Shanfeng Cheng
FlashPeak Realty
List Price
$1,600,000
Current Estimated Value
$1,132,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.61%
Original Mortgage
$647,200
Outstanding Balance
$607,926
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$462,536

Purchase Details

Closed on
Oct 17, 2014
Sold by
Kotzur Erin and Kotzur Rusty
Bought by
Brooks Jason and Brooks Mallory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,200
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2008
Sold by
Castle Hill Properties Lp
Bought by
Kotzur Erin and Kotzur Rusty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,905
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Zhu Lei -- None Listed On Document
Brooks Jason -- Austin Title Co
Kotzur Erin -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Lei $647,200
Previous Owner Brooks Jason $323,200
Previous Owner Kotzur Erin $291,840
Previous Owner Kotzur Erin $303,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold -- -- --
02/14/2022 02/14/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,600,000 0.0% $637 / Sq Ft
02/11/2022 02/11/22 Off Market -- -- --
02/10/2022 02/10/22 For Sale $1,600,000 -- $637 / 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 $11,464 $881,686 $570,000 $311,686
2023 $11,464 $1,078,194 $456,000 $622,194
2022 $10,850 $694,759 $0 $0
2021 $10,841 $642,239 $256,500 $385,739
2020 $8,959 $506,426 $256,500 $249,926
2018 $9,286 $502,910 $256,500 $246,410
2017 $7,088 $383,832 $242,250 $141,582
2016 $6,779 $367,094 $212,500 $154,594
2015 $5,290 $372,064 $175,000 $197,064
2014 $5,290 $303,506 $175,000 $128,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2629423

Unlock MLS (Austin Board of REALTORS®)

APN: 761148