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ActiveMLS #2838128

2701 & 2703 De Soto DR, Austin TX 78733

Austin, TX 78733 · Austin Lake Estates Sec 01

Single Family Residence for sale in Austin Lake Estates Sec 01

5Bedrooms
4Bathrooms
3,182Square Ft
0.63Acres
5Garage
1940Year Built
Price Reduced
1 / 40
$1,495,000$1,939,000
3D tour

Overview

Property Description

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.

Financial Info
Price
$1,495,000
$ / Sqft
$470
HOA
None
Tax Rate
1.419298%
Est. Taxes
$7,905.47
Tax Year
2025
Exemptions
None
Legal Info
Address
2701 & 2703 De Soto DR
County
Travis
City
Austin
State
TX
Zip
78733
Subdivision
Austin Lake Estates Sec 01
Legal Description
LOT 11 & 12 BLK 5 AUSTIN LAKE ESTATES SEC 1
Parcel
01353408080000
Interior Features
Floor
Tile, Wood
Num Living
3
Dining
1
Kitchen
Breakfast Bar, Eat-in Kitchen
Appliances
Dishwasher, Disposal, Free-Standing Range
Laundry
Laundry Room, Multiple Locations
Master Bed
Primary Bedroom on Main
Master Main
Yes
Fireplaces
1
Fireplace Description
Wood Burning
Interior Features
Breakfast Bar, Quartz Counters, Eat-in Kitchen, Primary Bedroom on Main, Study/Home Office, None, Wood Frames
General Info
Beds
5 Total / 3 Main Level / 2 Other Level
Full / Half Baths
4 / 0
Prop Type
Residential
Property Type
Single Family Residence
Stories
1
Year Built
1940 / Resale
Square Feet
3,182 / Owner
Garages
5
Garage Desc
Outside
Foundation
Pillar/Post/Pier
Roof
Metal
Construction
Wood Siding
Acres
0.63
Lot Description
Back Yard, Landscaped, Private, Sprinkler-Manual
Restrictions
See Remarks
Flood Plain
No
View
Trees/Woods
Water Access
No
Waterfront
No
Area
8W
Utility Info
Water
Municipal Utility District (MUD)
Sewer
Septic Tank
Utilities
Electricity Available
Heat
Central
A C
Central Air
Exterior Features
Fence
Partial
Exterior Features
Private Yard, Deck, Porch
Pool On Property
No
Area Amenities
Clubhouse, Park, Picnic Area, Playground, Pool

Price history

Members only
Days on market
−$444,000 (−22.9%)
$1,939,000 → $1,495,000
4
Price reductions
Active
Since Feb 12, 2026
Price trend
List priceFeb 2026Sep 2026
Property history7 events
DateEventPriceChange
Sep 2, 2026Price Decrease$1,495,000−$250,000 (−14.3%)
Jun 10, 2026Price Decrease$1,745,000−$50,000 (−2.8%)
May 28, 2026Back On Market
May 27, 2026Hold
May 9, 2026Price Decrease$1,795,000−$44,000 (−2.4%)
Apr 2, 2026Price Decrease$1,839,000−$100,000 (−5.2%)
Feb 12, 2026New Listing

Taxes

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

Schools

School Info
District
Eanes ISD
Elementary
Valley View
Middle
West Ridge
High
Westlake

Maps

Financing

Your preferences

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

Saved on this device

List price $1,495,000
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

$9,465 / mo

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

Estimated monthly payment $9,465

Principal & interest
$7,560
Property taxes
$659
Homeowners insurance
$1,246

*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$1,196,000$13,368$77,346$1,182,632
2$1,182,632$14,263$76,451$1,168,369
3$1,168,369$15,219$75,496$1,153,150
4$1,153,150$16,238$74,477$1,136,912
5$1,136,912$17,325$73,389$1,119,587
6$1,119,587$18,485$72,229$1,101,102
7$1,101,102$19,724$70,991$1,081,378
8$1,081,378$21,044$69,670$1,060,334
9$1,060,334$22,454$68,261$1,037,880
10$1,037,880$23,958$66,757$1,013,922
  • Year 1$1,182,632
    Principal paid
    $13,368
    Interest paid
    $77,346
    Starting balance
    $1,196,000
  • Year 2$1,168,369
    Principal paid
    $14,263
    Interest paid
    $76,451
    Starting balance
    $1,182,632
  • Year 3$1,153,150
    Principal paid
    $15,219
    Interest paid
    $75,496
    Starting balance
    $1,168,369
  • Year 4$1,136,912
    Principal paid
    $16,238
    Interest paid
    $74,477
    Starting balance
    $1,153,150
  • Year 5$1,119,587
    Principal paid
    $17,325
    Interest paid
    $73,389
    Starting balance
    $1,136,912
  • Year 6$1,101,102
    Principal paid
    $18,485
    Interest paid
    $72,229
    Starting balance
    $1,119,587
  • Year 7$1,081,378
    Principal paid
    $19,724
    Interest paid
    $70,991
    Starting balance
    $1,101,102
  • Year 8$1,060,334
    Principal paid
    $21,044
    Interest paid
    $69,670
    Starting balance
    $1,081,378
  • Year 9$1,037,880
    Principal paid
    $22,454
    Interest paid
    $68,261
    Starting balance
    $1,060,334
  • Year 10$1,013,922
    Principal paid
    $23,958
    Interest paid
    $66,757
    Starting balance
    $1,037,880
First 10 of 30 years

Nearby

Courtesy of Kuper Sotheby's Int'l Realty · (512) 831-6577

Listings courtesy of ACTRIS as distributed by MLS GRID.