ActiveResidential · sale

2701 & 2703 De Soto

Austin, TX 78733

$1,745,000

  • 5 beds
  • 4 baths
  • 3,182 sq ft
  • 0.63 acres
  • Built 1940

Listed by Kuper Sotheby's Int'l Realty · MLS #ACT2838128

A FEW THINGS TO NOTICE

What stands out.

Details worth a look

The main residence is a restored 1940s bungalow relocated from Driftwood, featuring pine floors, classic trim, a fireplace, and a covered back patio.

Year built

Built in 1940.

Garage parking

5 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Seller financing available with 30% down, 6% interest, and a 2 year term, with flexibility to negotiate in real time as needed.

Three living spaces, two oversized garage and workshop spaces, and deeded Lake Austin access come together on approximately 0.63 acres to create a highly versatile property. Spanning approximately 3,182 square feet across three structures, this offering supports primary living, rental income, and workspace within one setting.

The property includes a three bedroom, two bathroom main house, two separate guest apartments, and substantial garage and workshop space. The main residence is a restored 1940s bungalow relocated from Driftwood, featuring pine floors, classic trim, a fireplace, and a covered back patio.

Guest Apartment 1 is located above a detached three car garage and offers approximately 864 square feet with a bedroom, bathroom, living area, kitchenette, and independent access, ideal for rental income, guests, or office use. Below, a three bay garage and workshop provides flexible space for storage, projects, or business use.

Guest Apartment 2 is located within a cedar wrapped structure and offers approximately 728 square feet with a bedroom, bathroom, living area, and kitchenette. Below, an expansive workshop with 12 foot ceilings, large front and rear doors, and full insulation accommodates car lifts, boats, equipment, or storage.

The property offers five garage bays with potential for seven. Deeded Lake Austin access includes use of one of the only private boat launches on the south side of Lake Austin west of the 360 bridge. The lot borders a creek and is surrounded by green space while remaining close to Westlake, Bee Cave, and central Austin.

THE NEIGHBORHOOD

Explore the location.

2701 & 2703 De Soto, Austin, TX 78733

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1940
Full baths
4
Half baths
0
Garage spaces
5
Cooling
Central Air
Heating
Central
Appliances
Dishwasher, Disposal, Free-Standing Range
Flooring
Tile, Wood
Fencing
Partial
Accessibility
None
Pool features
None
Subdivision
Austin Lake Estates Sec 01
Parcel
01353408080000
Elementary school
Valley View
Middle school
West Ridge
High school
Westlake
Annual property tax
$7,905.47

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase
Estimated monthly rent$7,270.83
Cap rate

Annual operating income:

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Your property and current assumptions will be included for our team to review.

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interestLoan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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2701 & 2703 De Soto, Austin, TX 78733 · MLS #ACT2838128

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Listing information

MLS #ACT2838128 · Austin Board of Realtors

Listing brokerage: Kuper Sotheby's Int'l Realty
Listing agent: Bridget Ramey

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.