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ActiveMLS #5326577

1603 Taylor Gaines ST, Austin TX 78741

Austin, TX 78741 · SUMMIT HILL

Single Family Residence for sale in SUMMIT HILL

4Bedrooms
4Bathrooms
3,527Square Ft
0.60Acres
6Garage
1910Year Built
1 / 32
$1,500,000

Overview

Property Description

Historic Charm meets limitless opportunity in East Travis Heights. Step into a rare East Austin treasure with a beautifully remodeled 1910 farmhouse perched on a double hilltop lot with stunning views of downtown Austin. This one-of-a-kind property blends character with modern sophistication and offers unmatched potential in a prime urban location. The primary residence offers 2627 SF of light-filled living space, thoughtfully updated while preserving the original charm. Features include high ceilings, three bedrooms with three full baths, charming fireplaces, and gracious living spaces. The detached garage with 900 SF apartment is ideal for guests, rental income or a home office/studio. The large .6-acre double lot offers the potential for up to 6 dwellings. Additionally, the oversized garage can accommodate 6 to 9 cars depending on lifts. Great option for a car collector or boat storage! Whether you’re seeking a private urban retreat, a prime investment for redevelopment, or a multi-use property with short or long term rental potential, this home offers unmatched flexibility and future upside. Just minutes to downtown Austin, SoCo, Lady Bird Lake, the Hike & Bike Trail, and East Austin hotspots. Enjoy the peace and privacy of a quiet neighborhood combined with the benefits of urban living. This is more than just a home but is a canvas for your vision and is truly a must-see!

Financial Info
Price
$1,500,000
$ / Sqft
$425
HOA
None
Tax Rate
1.99%
Est. Taxes
$18,799
Tax Year
2025
Exemptions
None
Legal Info
Address
1603 Taylor Gaines ST
County
Travis
City
Austin
State
TX
Zip
78741
Subdivision
SUMMIT HILL
Legal Description
LOT 5-6 SUMMIT HILL
Parcel
03030507060000
Interior Features
Floor
Wood
Num Living
2
Dining
2
Kitchen
Eat-in Kitchen
Appliances
Built-In Gas Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry
Inside, Laundry Closet, Main Level
Master Bed
Double Vanity, Primary Bedroom on Main
Master Main
Yes
Fireplaces
3
Fireplace Description
Dining Room, Great Room, Wood Burning
Interior Features
Built-in Features, Ceiling Fan(s), High Ceilings, Double Vanity, Eat-in Kitchen, Multiple Living Areas, Natural Woodwork, Primary Bedroom on Main, None, Window Treatments
General Info
Beds
4 Total / 3 Main Level / 1 Other Level
Full / Half Baths
4 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1910 / Updated/Remodeled
Square Feet
3,527 / Public Records
Garages
6
Garage Desc
Boat, Detached, Door-Single, Driveway, Garage, Garage Faces Side, Guest, Kitchen Level, Private
Foundation
Pillar/Post/Pier
Roof
Composition
Construction
Frame
Acres
0.60
Lot Description
Back Yard, Front Yard, Garden, Level, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Restrictions
City Restrictions
Flood Plain
No
View
City
Water Access
No
Waterfront
No
Area
9
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Heat
Central, Natural Gas
A C
Central Air, Wall/Window Unit(s)
Exterior Features
Fence
Partial, Wood
Exterior Features
Balcony, Private Yard, Deck, Front Porch, Rear Porch
Pool On Property
No
Area Amenities
Storage

Price history

Members only
Days on market
$1,500,000
List price
0
Price reductions
Active
Since Jun 4, 2026
Property history1 event
DateEventPriceChange
Jun 4, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Travis Hts
Middle
Lively
High
Travis

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $1,500,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$10,402 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $10,402

Principal & interest
$7,585
Property taxes
$1,567
Homeowners insurance
$1,250

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$1,200,000$13,413$77,605$1,186,587
2$1,186,587$14,311$76,707$1,172,276
3$1,172,276$15,269$75,748$1,157,007
4$1,157,007$16,292$74,726$1,140,715
5$1,140,715$17,383$73,635$1,123,332
6$1,123,332$18,547$72,470$1,104,784
7$1,104,784$19,789$71,228$1,084,995
8$1,084,995$21,115$69,903$1,063,880
9$1,063,880$22,529$68,489$1,041,351
10$1,041,351$24,038$66,980$1,017,314
  • Year 1$1,186,587
    Principal paid
    $13,413
    Interest paid
    $77,605
    Starting balance
    $1,200,000
  • Year 2$1,172,276
    Principal paid
    $14,311
    Interest paid
    $76,707
    Starting balance
    $1,186,587
  • Year 3$1,157,007
    Principal paid
    $15,269
    Interest paid
    $75,748
    Starting balance
    $1,172,276
  • Year 4$1,140,715
    Principal paid
    $16,292
    Interest paid
    $74,726
    Starting balance
    $1,157,007
  • Year 5$1,123,332
    Principal paid
    $17,383
    Interest paid
    $73,635
    Starting balance
    $1,140,715
  • Year 6$1,104,784
    Principal paid
    $18,547
    Interest paid
    $72,470
    Starting balance
    $1,123,332
  • Year 7$1,084,995
    Principal paid
    $19,789
    Interest paid
    $71,228
    Starting balance
    $1,104,784
  • Year 8$1,063,880
    Principal paid
    $21,115
    Interest paid
    $69,903
    Starting balance
    $1,084,995
  • Year 9$1,041,351
    Principal paid
    $22,529
    Interest paid
    $68,489
    Starting balance
    $1,063,880
  • Year 10$1,017,314
    Principal paid
    $24,038
    Interest paid
    $66,980
    Starting balance
    $1,041,351
First 10 of 30 years

Nearby

Courtesy of Moreland Properties · (512) 480-0848

Listings courtesy of ACTRIS as distributed by MLS GRID.