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Jeannette Spinelli

Broker Associate & Founder | Spinelli Residential Group | KW - Austin Portfolio Real Estate

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1703 Summit Vw , Austin, TX 78703
$1,650,000
Est. Payment: $8,462.58/mo
8 Bed
4 Bath
3944 Sqft
Status: active with contingency | Days on site: 63
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Jeannette Spinelli
Broker Associate & Founder

House Description

This classic Old Enfield 4-plex offers the perfect blend of charm, convenience, and opportunity. Nestled on a large 11,571 sq. ft. MF-3 zoned lot just steps from the historic Peace Mansion, the property sits in one of Austin’s most desirable neighborhoods with easy access to Downtown Austin, Town Lake, and MoPac, making it simple to get anywhere in the city. Right outside your door are some of Austin’s favorite local spots: Peace Park for morning walks, Jeffrey’s Steakhouse and Josephine House for unforgettable dining, Fresh Plus for neighborhood grocery runs, and Caffè Medici for your daily coffee fix. Within 1.5 miles, you’ll also find Lions Municipal Golf Course, Town Lake, Lake Austin, the new Lake Austin H-E-B, Deep Eddy Pool, and Mozart’s Coffee Roasters, a lineup of Austin icons just minutes away. Plus, you’re steps from bike paths along Shoal Creek and MoPac, offering easy two-wheel access to downtown. This property has a 7+ year track record of strong performance, with consistently over 95% occupancy and steadily growing rents, making it a rock-solid investment in the heart of 78703. Zoned MF-3, the property presents exceptional possibilities: ideal for a developer to build up to 16 units, or for a savvy investor to live in one unit while benefiting from rental income and long term appreciation. The owner is also open to creative partnerships with established builders, particularly those who can fund and execute the construction of multiple new units on the site. Each of the four units offers 2 bedrooms, 1 bathroom, in-unit washer/dryer, a covered carport with storage, and separate water, electric, and gas meters—a rare combination of convenience and independence in this part of town. The foundation has been recently warrantied, with extra piers added for long-term stability and peace of mind.

Highlights

Listed by David Mercedes , (512) 969-7355 Real Broker, LLC , (855) 450-0442. Austin MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.27

Year Built

1950

County

Travis

Area

1B

Neighborhood

Enfield C

School District

Austin ISD

Listing ID

9192234

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:4
  • Full Bathrooms:
Appliances:Dryer, Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Gas Oven, Gas Range, Refrigerator, Washer
Floor:Carpet,Concrete,Tile,Vinyl
Other:
  • Additional:Ceiling Fan(s), Pantry, Walk-In Closet(s), Pets Allowed
Water:Public

Exterior Features

Lot:Back Yard,Sprinklers In Front,Near Public Transit,Sprinklers Automatic,Trees Medium Size
Roof:Aluminum,Asphalt
Others:
  • Additional:Rain Gutters, Resale
Sewer:Public Sewer
Parking Features:Carport
Principal Interest
$8,463
Taxes
$2,599

Home Price

$1,650,000

Loan Details

30 yrs
6.637%

Down Payment

20%
$330,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,462.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,462.58 $2,598.90 $0.00 $11,061.48
Yearly $101,550.97 $31,186.84 $0.00 $132,737.81
Total $3,046,529.14 $935,605.20 $0.00 $3,982,134.34

Today's Rates

30 Year

6.64%

20 Year

6.43%

15 Year

5.99%

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Market insight data is pulled from the same city as the listing being viewed (Austin, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Listings courtesy of Austin MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-09-03T02:23:53.000Z

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