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Active Under ContractMLS #9082433

1611 Wheless LN, Austin TX 78723

Austin, TX 78723 · Colonial Hills Sec 03

Single Family Residence for sale in Colonial Hills Sec 03

3Bedrooms
2Bathrooms
1,152Square Ft
0.19Acres
1Garage
1962Year Built
1 / 23
$325,000

Overview

Property Description

A true Austin opportunity with the bones investors and renovators are looking for! Set on a generous lot in the Windsor Park area, 1611 Wheless offers an exciting chance to transform an existing home in a location where demand continues to grow. The home already has several of the big-ticket items taken care of, including an HVAC system, water heater, metal roof, and double-pane windows all replaced in the last few years, allowing the next owner to focus their investment on the finishes and spaces that will make the biggest impact. Inside, vaulted ceilings give the main back dining/living space a sense of volume and character, while the generous lot offers plenty of potential to reimagine the backyard and outdoor living areas. Whether you're looking for a renovation project to create a beautifully updated primary residence or an investment property with resale potential, there is a lot to work with here! And the location is the real opportunity. Windsor Park puts you just minutes from Mueller, Mueller Lake Park, the Texas Farmers' Market, Alamo Drafthouse, H-E-B, restaurants, coffee shops, and a growing collection of shops and businesses. Nearby Bartholomew Park adds 57 acres of green space with a pool, splash pad, disc golf, basketball courts, picnic areas, and more. For an investor, the surrounding neighborhood tells an important story. Windsor Park offers larger lots, established tree-lined streets, and mid-century homes while sitting immediately adjacent to the continued development and amenities of Mueller. New residential construction is already happening along Wheless! Add in quick access to I-35, 183, Mueller, Downtown Austin, and the rest of East Austin, and this is exactly the kind of property where location does much of the heavy lifting. The renovation is yours to envision, but the setting is already established. Bring your vision!

Financial Info
Price
$325,000
$ / Sqft
$282
HOA
None
Tax Rate
2.137217%
Est. Taxes
$1,878.19
Tax Year
2026
Exemptions
Disability, Homestead
Legal Info
Address
1611 Wheless LN
County
Travis
City
Austin
State
TX
Zip
78723
Subdivision
Colonial Hills Sec 03
Legal Description
LOT 29 BLK O COLONIAL HILLS SEC 3
Parcel
02251711250000
Interior Features
Floor
Laminate
Num Living
1
Dining
1
Kitchen
Breakfast Bar
Appliances
Free-Standing Range
Laundry
In Garage
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplace Description
None
Interior Features
Breakfast Bar, Vaulted Ceiling(s), Laminate Counters, Primary Bedroom on Main, Storage, None, See Remarks
General Info
Beds
3 Total / 3 Main Level
Full / Half Baths
2 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1962 / Resale
Square Feet
1,152 / Public Records
Garages
1
Garage Desc
Attached, Door-Single, Garage, Garage Faces Front, Off Street
Foundation
Slab
Roof
Metal
Construction
Brick, Vinyl Siding
Acres
0.19
Lot Description
Back Yard, Level, Native Plants, Private
Restrictions
Deed Restrictions, Zoning
Flood Plain
No
View
Neighborhood
Water Access
No
Waterfront
No
Area
3
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Available, Electricity Connected, Internet-Fiber, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Heat
Central
A C
Ceiling Fan(s), Central Air
Exterior Features
Fence
Chain Link
Exterior Features
Private Yard, Covered, Patio, Rear Porch
Pool On Property
No
Area Amenities
Curbs, Dog Park, Google Fiber, High Speed Internet, Park, Picnic Area, Playground, Pool

Price history

Members only
Days on market
$325,000
List price
0
Price reductions
Active Under Contract
Since Sep 11, 2026
Property history2 events
DateEventPriceChange
Sep 14, 2026Active Under Contract
Sep 11, 2026New Listing

Taxes

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

Schools

School Info
District
Austin ISD
Elementary
Harris
Middle
Webb
High
Northeast Early College

Maps

Financing

Your preferences

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

Saved on this device

List price $325,000
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

$2,071 / mo

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

Estimated monthly payment $2,071

Principal & interest
$1,643
Property taxes
$157
Homeowners insurance
$271

*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$260,000$2,906$16,814$257,094
2$257,094$3,101$16,620$253,993
3$253,993$3,308$16,412$250,685
4$250,685$3,530$16,191$247,155
5$247,155$3,766$15,954$243,389
6$243,389$4,019$15,702$239,370
7$239,370$4,288$15,433$235,082
8$235,082$4,575$15,146$230,507
9$230,507$4,881$14,839$225,626
10$225,626$5,208$14,512$220,418
  • Year 1$257,094
    Principal paid
    $2,906
    Interest paid
    $16,814
    Starting balance
    $260,000
  • Year 2$253,993
    Principal paid
    $3,101
    Interest paid
    $16,620
    Starting balance
    $257,094
  • Year 3$250,685
    Principal paid
    $3,308
    Interest paid
    $16,412
    Starting balance
    $253,993
  • Year 4$247,155
    Principal paid
    $3,530
    Interest paid
    $16,191
    Starting balance
    $250,685
  • Year 5$243,389
    Principal paid
    $3,766
    Interest paid
    $15,954
    Starting balance
    $247,155
  • Year 6$239,370
    Principal paid
    $4,019
    Interest paid
    $15,702
    Starting balance
    $243,389
  • Year 7$235,082
    Principal paid
    $4,288
    Interest paid
    $15,433
    Starting balance
    $239,370
  • Year 8$230,507
    Principal paid
    $4,575
    Interest paid
    $15,146
    Starting balance
    $235,082
  • Year 9$225,626
    Principal paid
    $4,881
    Interest paid
    $14,839
    Starting balance
    $230,507
  • Year 10$220,418
    Principal paid
    $5,208
    Interest paid
    $14,512
    Starting balance
    $225,626
First 10 of 30 years

Nearby

Courtesy of Compass RE Texas, LLC · (512) 575-3644

Listings courtesy of ACTRIS as distributed by MLS GRID.