5903 Median RD, Austin, TX 78734

$1,050,000 Asking Price

3 beds
3 baths
2,296  sqft
Built in 1995

Incredible opportunity available with SELLER FINANCING at a nearly 4% interest rate! Inquire for details on the seller financing. This property is being sold as a turnkey short-term rental but would also be a phenomenal opportunity for anyone looking for a unique property near the lake with a super low interest rate! It is nestled i near Lake Travis. This exquisite property, reminiscent of a romantic Tuscan vineyard, offers unparalleled luxury and serene beauty. Sold fully furnished and ready for guests or immediate move in, Villa De Oaks promises an exceptional return on investment with a projected annual revenue of $103,000. Secluded and secure, this gated property ensures privacy and peace for all visitors. Luxurious amenities, including a hot tub that seats 6-9, two fire pits with ample seating, and a meditation yurt with a daybed and seating for 8-10. The home is adorned with over 40 unique paintings and sculptures by local artists, adding a distinct charm to every corner. Entertainment options are plentiful with a game room featuring a reclining couch, Smart TV, and both PS and Xbox gaming consoles, complemented by a Baby Grand Piano, bongos, and a tambourine. The home currently offers three large bedrooms, two full bathrooms, and a convenient powder room. Though there is huge opportunity to increase the income on the property by finishing out the garage and the casita PLUS there is space for a pool. Villa De Oaks is conveniently located just minutes from Lake Travis. On-site parking includes space for jet skis or a boat, enhancing its appeal to vacationers. There is also ample parking if you were to use the home for weddings and events. Take advantage of this rare opportunity to own a piece of prime real estate with so much charm while securing an incredible investment. Inquire for more information! You have to see this property in person... It is stunning! With recommended improvements the property could generate 180k+ in annual revenue!

Features & Amenities

Interior

General:
Bookcases, Breakfast Bar, Beamed Ceilings, High Ceilings, Vaulted Ceiling(s), Multiple Dining Areas, Multiple Living Areas, Walk-In Closet(s)
Appliances:
Dishwasher, Disposal, Exhaust Fan, Microwave, Free-Standing Range, Refrigerator, Electric Water Heater
Laundry:
In Kitchen,Main Level
Flooring:
Carpet, Concrete
A/C:
Central Air, Electric, Exhaust Fan
Heating:
Electric, Fireplace Insert
Fireplace:
Living Room, Fireplaces: 1
Eco/Green Feature:
None, None

Exterior

General:
No Exterior Steps, Private Yard
Other Structures:
Porch, Patio, Covered
Pool:
None
Parking:
Door-Single, Garage, Garage Door Opener, Garage Faces Side, Gravel, Parking Pad, Parking spaces: 4

Construction

Roofing:
Composition, Mixed
Windows:
Double Pane Windows
General:
Two, Slab

Location

Originating MLS:
actris
School District:
Lake Travis ISD
County:
Travis

Lot

Zoning:
LOT 53 BLK 4 HUDSON BEND COLONY NO 2, 01646003230000
View:
Trees/Woods, See Remarks
Fencing:
Fenced, Masonry, Privacy

Utilities

Utilities:
Electricity Available
Water:
MUD
Sewer:
Septic Tank

Financial

Source:
actris

This listing courtesy of:
MODUS Real Estate, Blake Carter

About Austin, TX

Housing

Number of Units
523,644
Median Home Value
$435,027
Median Rent
$1,253

52.82% of housing units are renter occupied.

7.09% are vacant.

Commute

Car
53.46%
Public Transportation
1.78%
Walk to Work
1.73%
Work from Home
41.61%
Other
0.53%

The median travel time to work is 16 minutes.

People

Population
1,163,161
Median Age
35.90
Median Household Size
2.60

Education

High School
14.31%
Associate’s Degree
5.38%
Bachelor’s Degree
34.89%
Graduate Degree
21.08%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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