NOT LISTED FOR SALE

Estimated Value: $1,299,561 - $3,028,000

0.9 Acre
$2,106,822 Price per Acre
39,204 Sq Ft Lot

Last Sold March 25, 2022

Current estimated payment $11,108/month

76 Days on Market

Highlights

  • Panoramic View
  • 0.9 Acre Lot
  • Bluff on Lot
  • Steiner Ranch Elementary School Rated A

About This Lot

As of March 2022

The view from this lot will simply take your breath away. This private, cliffside property boasts Austin’s most spectacular, unobstructed, panoramic views of Lake Travis and surrounding areas. This prime Lake Travis location offers exemplary schools as well as easy access to the area's best retail shops, restaurants, parks and lake recreational activities.

Previous home as already been removed. Land is "AS IS" until construction begins. Plans are available.
Construction is expected to begin in March of 2022 Contact listing agent for more details.

This is a very steep slope lot. Please use care when showing.

Visit https://thekingsridge.com/ for information on architectural plans.

Last Agent to Sell the Property

Aryn Hellmund

Compass RE Texas, LLC License #0689042 Listed on: 12/21/2021

Compass RE Texas, LLC

Co-Listed By

Heather Hudson

Compass RE Texas, LLC License #0630976

Last Buyer's Agent

Gregg Klar

Keller Williams - Lake Travis License #0472276

Keller Williams - Lake Travis

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,839

Lot Details

  • 0.9 Acre Lot
  • Property fronts a private road
  • Bluff on Lot
  • Steep Slope
  • Tear Down
  • Zoning described as SF2

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic
  • Hills

Schools

  • Steiner Ranch Elementary School
  • Canyon Ridge Middle School
  • Vandegrift High School

Utilities

  • Natural Gas Connected
  • Municipal Utilities District Water
  • Septic Tank
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Voluntary home owners association
  • Strawberry Hill HOA
  • Palisades Subdivision
  • The community has rules related to deed restrictions, zoning restrictions

Listing and Financial Details

  • Tax Lot C
  • Assessor Parcel Number 01524002200000
  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$11,839

Lot Details

0.9 Acres

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: City Restrictions, Deed Restrictions, Zoning
  • Additional Parcels: No
  • Builder Restricted: Yes
  • Commercial: No
  • Directions: Take Texas Loop 1 North (MoPac North), exit 2222/Northland. Stay in the left lane to turn left onto 2222 headed West (past Loop 360). Go left on FM 620. Just past St. Luke's Episcopal Church on the Lake turn right onto Cedar Street (into "Strawberry Hill neighborhood). 12406 is the third house on the right.
  • Disclosures: Municipal Utility District (MUD), See Remarks
  • Estimated Taxes: 11839.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: No
  • Intermediary: Yes
  • Mineral: None
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • View: Hill Country, Lake, Panoramic
  • Property Condition: Tear Down

Exterior Features

  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Private Sewer, Septic Tank
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Water Connected
  • Water Source: Municipal Utility District (MUD)

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Annually
  • Association Fee: 300.00

Association/Amenities

  • Association Name: Strawberry Hill HOA
  • Requirement: Voluntary
  • Association: Yes
  • Community Features: None

Schools

  • School District: Leander ISD
  • Elementary School: Steiner Ranch
  • High School: Vandegrift
  • Middle/Junior School: Canyon Ridge

Lot Info

  • Lot Features: Bluff, Private Maintained Road, Sloped Down, Steep Slope, Views
  • Topography: Steep slope toward lake.
  • Parcel Number: 01524002200000
  • Lot Size Acres: 0.9000
  • Lot Size Sq Ft: 39204.00
  • Subdivision Name: Palisades
  • Surface Water: No
  • Zoning Description: SF2

Building Info

  • New Construction: No

Tax Info

  • Tax Lot: C
  • Tax Rate: 2.06778000000000
  • Tax Year: 2021
  • Tax Annual Amount: 11839.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Mar 25, 2022
Sold by
Alt-W 12406 Cedar Llc
Bought by
James Benedict and James Draionna
Seller's Agent
Aryn Hellmund
Compass RE Texas, LLC
Buyer's Agent
Gregg Klar
Keller Williams - Lake Travis
List Price
$1,500,000
Current Estimated Value
$1,896,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%

Purchase Details

Closed on
Dec 21, 2020
Sold by
Cowan Claiborne L and Estate Of Betty D Setz
Bought by
Alt W 12406 Cedar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
James Benedict -- Gerdes Stephen M
Alt W 12406 Cedar Llc -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alt W 12406 Cedar Llc $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold -- -- --
03/07/2022 03/07/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $1,500,000 -- $439 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,781 $862,097 $669,919 $192,178
2023 $11,806 $675,001 $675,000 $1
2022 $7,494 $388,036 $225,000 $163,036
2021 $11,839 $572,565 $135,000 $437,565
2020 $8,950 $411,070 $135,000 $276,070
2018 $9,252 $411,384 $180,000 $231,384
2017 $8,883 $391,653 $180,000 $211,653
2016 $8,883 $391,653 $180,000 $211,653
2015 $3,666 $384,825 $180,000 $204,825
2014 $3,666 $371,039 $180,000 $191,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2707027

Unlock MLS (Austin Board of REALTORS®)

APN: 153982

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