1028 Ellingson LN, Austin TX 78751
Austin, TX 78751 · Mayfair Terrace
Single Family Residence for sale in Mayfair Terrace
Overview
Property Description
Discover a unique opportunity in a well-established Austin neighborhood, where a vintage 1948 home awaits its next chapter on a generous corner lot spanning nearly a quarter acre. This property offers an exceptional blend of classic charm and modern potential, perfectly positioned for both investors and owner-occupants. The residence boasts 2,240 square feet of living space (house and guest house), providing ample room for comfortable living and creative customization. Enjoy the convenience of being just blocks away from the UT Shuttle/CapMetro, Hancock Center, and a diverse array of local restaurants, making city access effortless. The property uniquely features a 1-bedroom, 1-bathroom detached guest house, currently providing rental income of $995/month and offering flexible living arrangements or additional income streams. Inside the main home, a large workshop presents a versatile space, ideal for conversion into a dedicated home office, an entertaining game room, an additional bedroom, or a cozy den to suit your lifestyle needs. Outside, three mature pecan trees grace the landscape, offering abundant shade on sunny days and delicious seasonal treats. This prime location and versatile property combine to create an enticing urban sanctuary, providing a rare chance to own a piece of Austin's vibrant history with significant upside.
Financial Info
- Price
- $799,000
- $ / Sqft
- $357
- HOA
- None
- Tax Rate
- 1.98176%
- Est. Taxes
- $13,069.23
- Tax Year
- 2026
- Exemptions
- Homestead, Over 65
Legal Info
- Address
- 1028 Ellingson LN
- County
- Travis
- City
- Austin
- State
- TX
- Zip
- 78751
- Subdivision
- Mayfair Terrace
- Legal Description
- LOT 9 OLT 18 DIV C MAYFAIR TERRACE
- Parcel
- 02180907090000
Interior Features
- Floor
- Laminate, Parquet, Tile, Wood
- Num Living
- 2
- Dining
- 1
- Kitchen
- Eat-in Kitchen
- Appliances
- Gas Range, Free-Standing Gas Oven
- Laundry
- Inside
- Master Bed
- Primary Bedroom on Main
- Master Main
- Yes
- Interior Features
- Bidet, Bookcases, Ceiling Fan(s), Tile Counters, Gas Dryer Hookup, Eat-in Kitchen, Interior Steps, Multiple Living Areas, Natural Woodwork, Open Floorplan, Primary Bedroom on Main, Storage, Study/Home Office, Washer Hookup, None, Aluminum Frames, Blinds, Drapes, Screens
General Info
- Beds
- 2 Total / 2 Main Level
- Full / Half Baths
- 1 / 0
- Prop Type
- Residential
- Property Type
- Single Family Residence
- Stories
- 1
- Year Built
- 1948 / Resale
- Square Feet
- 2,240 / Public Records
- Garage Desc
- Attached Carport
- Foundation
- Pillar/Post/Pier
- Roof
- Shingle
- Construction
- Frame
- Acres
- 0.21
- Lot Description
- Back Yard
- Restrictions
- None
- Flood Plain
- No
- View
- None
- Water Access
- No
- Waterfront
- No
- Area
- 4
Utility Info
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Heat
- Central, Hot Water, Natural Gas
- A C
- Ceiling Fan(s), Central Air
Exterior Features
- Fence
- Chain Link
- Exterior Features
- Dog Run, Exterior Steps, Gutters Partial, Covered, Front Porch
- Pool On Property
- No
- Area Amenities
- Curbs
Price history
| Date | Event | Price | Change |
|---|---|---|---|
| Aug 5, 2026 | Price Decrease | $799,000−$25,900 (−3.1%) | −$25,900 (−3.1%) |
| Jul 6, 2026 | New Listing | — |
Taxes
Schools
School Info
- District
- Austin ISD
- Elementary
- Lee
- Middle
- Lamar (Austin ISD)
- High
- McCallum
Maps
Financing
Your preferences
- 20% down
- Conv/Jumbo
- 30 years
- 6.50% rate
Saved on this device
Estimated monthly payment
$5,795 / mo
20% down · 6.50% interest · 30-year fixed
Estimated monthly payment $5,795
- Principal & interest
- $4,040
- Property taxes
- $1,089
- Homeowners insurance
- $666
*PITI only
These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.
| Year | Starting balance | Principal paid | Interest paid | Ending balance | Principal vs interest |
|---|---|---|---|---|---|
| 1 | $639,200 | $7,145 | $41,338 | $632,055 | |
| 2 | $632,055 | $7,623 | $40,859 | $624,433 | |
| 3 | $624,433 | $8,134 | $40,349 | $616,299 | |
| 4 | $616,299 | $8,678 | $39,804 | $607,621 | |
| 5 | $607,621 | $9,259 | $39,223 | $598,361 | |
| 6 | $598,361 | $9,880 | $38,603 | $588,482 | |
| 7 | $588,482 | $10,541 | $37,941 | $577,941 | |
| 8 | $577,941 | $11,247 | $37,235 | $566,693 | |
| 9 | $566,693 | $12,000 | $36,482 | $554,693 | |
| 10 | $554,693 | $12,804 | $35,678 | $541,889 |
- Year 1$632,055
- Principal paid
- $7,145
- Interest paid
- $41,338
- Starting balance
- $639,200
- Year 2$624,433
- Principal paid
- $7,623
- Interest paid
- $40,859
- Starting balance
- $632,055
- Year 3$616,299
- Principal paid
- $8,134
- Interest paid
- $40,349
- Starting balance
- $624,433
- Year 4$607,621
- Principal paid
- $8,678
- Interest paid
- $39,804
- Starting balance
- $616,299
- Year 5$598,361
- Principal paid
- $9,259
- Interest paid
- $39,223
- Starting balance
- $607,621
- Year 6$588,482
- Principal paid
- $9,880
- Interest paid
- $38,603
- Starting balance
- $598,361
- Year 7$577,941
- Principal paid
- $10,541
- Interest paid
- $37,941
- Starting balance
- $588,482
- Year 8$566,693
- Principal paid
- $11,247
- Interest paid
- $37,235
- Starting balance
- $577,941
- Year 9$554,693
- Principal paid
- $12,000
- Interest paid
- $36,482
- Starting balance
- $566,693
- Year 10$541,889
- Principal paid
- $12,804
- Interest paid
- $35,678
- Starting balance
- $554,693
Nearby
Courtesy of Property Consultants of Austin · (512) 845-5515
Listings courtesy of ACTRIS as distributed by MLS GRID.