Mediterranean home in Austin, TX
This Mediterranean home in Austin, TX offers 5 bedrooms and 6.5 bathrooms across 6,026 square feet. Its Mediterranean character defines the property's look.
| Price | $8,500,000 |
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| Beds | 5 |
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| Baths | 6.5 |
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| Sqft | 6026 |
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| Architectural style | Mediterranean (61% match) |
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| Address | 3111 Above Stratford Pl, Austin, TX 78746 |
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Why buy this home
- Confirmed Mediterranean architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced above comparable homes.
- At $8.5M, this home is 640% above the $1.1M median for 365 similar Mediterranean homes in Austin, TX.
- That works out to $1411 per square foot, 358% above the $308 comparable rate.
- New to market (5 days), so expect competition.
| This home | $8,500,000 |
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| Mediterranean median in Austin, TX | $1,149,000 (365 homes) |
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| Price per sq ft | $1,411 vs. $308 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $61,614/month with 20% down at a 7.28% 30-year fixed rate. You would need about $2,640,597 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $46,526/mo |
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| Property tax (new-buyer reassessed rate) | $11,900/mo |
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| Homeowners insurance | $3,188/mo |
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| Total monthly | $61,614/mo |
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| Down payment (20%) | $1,700,000 |
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| Income needed | $2,640,597/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B (71 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B (71/100) |
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| Beats renting in | 24% of modeled paths |
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| Modeled 5-yr equity (median) | $5,066,555 |
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| Range (10th to 90th pct) | $3,232,357 to $7,187,794 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Austin, TX where local data is thin.
Local home values
Typical home values in Austin, TX have fallen about 14% over the past 5 years (-5% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia