$5,999,000
NEW CONSTRUCTION $2M PRICE DROP

Estimated payment $32,885/month

Total Views 36,525
0.63 Acre
$9,537,361 Price per Acre
27,399 Sq Ft Lot

Highlights

  • Lake Front
  • River View
  • No HOA
  • Bridge Point Elementary School Rated A+
  • Mature Trees
  • Wrought Iron Fence

About This Lot

PERMITTED PLANS for 7,500+/- sqft HOME DESIGNED BY A PARALLEL ARCHITECTURE – VALUE IS IN THE LAND WITH OVER +/- 230’ OF LAKE AUSTIN WATERFRONT WITHIN THE PRESTIGIOUS EANES ISD. This offers a unique opportunity to build your dream home in a prime location known for its top-rated schools, tranquil surroundings, and luxurious lifestyle amenities. This incredible property on Rivercrest Drive is a prime build site – for which A Parallel Architecture has designed concept plans for a remarkable modern home. The luxurious home will feature floor-to-ceiling panoramic windows, multiple observation decks, a pool deck and outdoor kitchen, and a boat house. From the architects at A Parallel Architecture, we find extraordinary concepts for a home specifically designed for 4200 Rivercrest Drive. Dramatically bridging between a wooded cliff side and the shore of Lake Austin, this 7500+sf home spreads out over four levels to create a wide variety of indoor and outdoor living experiences. The slender profile of the building affords 180-degree lake-front views to all living spaces while facilitating abundant daylighting and cross-ventilation at every level. The home’s design has an open floor, gourmet kitchen, several spaces for living and entertaining, a primary wing, and a double-height deck. The lake-level features a game room, storage, and an expansive covered outdoor area with a kitchen, fireplace, seating area, recreational lawn, pool, spa and boat house. The house and boat dock are fully permitted by the City of Austin. The project is construction-ready, which saves a buyer years of City approval time. The cost to build the permitted house and dock plans is not included in the list price. All information contained herein deemed reliable but not guaranteed. Tax and assessed values are estimates for illustration purposes only. All figures should be independently verified.

Listing Agent

Eric Moreland

Moreland Properties Brokerage Phone: (512) 480-0848 License #0449345 Listed on: 05/31/2024

Moreland Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $18,563

Lot Details

  • 0.63 Acre Lot
  • Lake Front
  • River Front
  • Wrought Iron Fence
  • Partially Fenced Property
  • Level Lot
  • Mature Trees
  • Wooded Lot

Property Views

  • River
  • Lake

Home Design

  • Home to be built

Schools

  • Bridge Point Elementary School
  • Hill Country Middle School
  • Westlake High School

Utilities

  • Private Water Source
  • Septic Needed

Community Details

  • No Home Owners Association
  • Aqua Verde Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01331901050000

Property Details

Property Type

Land

Est. Annual Taxes

$18,563

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Additional Parcels: No
  • Directions: North HWY Loop-360, left on Cedar, turn right onto Bunny Run, Left on Live Oak, Left on Rivercrest
  • Disclosures: None
  • Fencing: Fenced, Partial, Wrought Iron
  • Other Structures: None
  • Road Surface Type: PVD, See Remarks
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 480-0848
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 18563.00
  • FEMA Flood Plain: Yes-100 yr
  • Current Price Lot Size Squ: 218.95
  • "Current Price By Original ": 0.75
  • List Price Lot Size Square: 218.95
  • List Price By Original Lis: 0.75
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Mineral: See Remarks
  • Special Features: VirtualTour

Interior Features

  • View: Lake, River
  • Property Condition: To Be Built

Exterior Features

  • Exterior Features: See Remarks
  • Water Body Name: Lake Austin
  • Waterfront Features: Lake Front, River Front, Waterfront
  • Waterfront: Yes
  • Soil Type: See Remarks

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available
  • Water Source: Private

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Bridge Point
  • High School: Westlake
  • Middle/Junior School: Hill Country
  • Junior High Dist: Eanes ISD

Lot Info

  • Lot Features: Level, Rolling Slope, Sloped Down, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, See Remarks
  • Topography: Level,Sloping
  • Parcel Number: 01331901050000
  • Lot Size Acres: 0.629
  • Lot Size Sq Ft: 27399.24
  • Subdivision Name: Aqua Verde
  • Endangered Species: No
  • Livestock Yn: 0

Building Info

  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18563
  • Tax Rate: 1.98781400000000

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $18,563 $1,123,200 $1,123,200 --
2023 $17,891 $1,123,200 $1,123,200 $0
2022 $23,088 $1,123,200 $1,123,200 $0
2021 $21,138 $1,123,200 $1,123,200 $0
2020 $12,028 $1,123,200 $1,123,200 $0
2018 $19,677 $1,123,200 $1,123,200 $0
2017 $19,991 $1,123,200 $1,123,200 $0
2016 $19,458 $1,123,200 $1,123,200 $0
2015 $20,459 $1,123,200 $1,123,200 $0
2014 $20,459 $1,123,200 $1,123,200 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 Price Changed $5,999,000 -13.7% --
02/06/2025 02/06/25 Price Changed $6,950,000 -10.3% --
11/19/2024 11/19/24 Price Changed $7,750,000 -3.1% --
05/31/2024 05/31/24 For Sale $8,000,000 -- --
Source: Unlock MLS (Austin Board of REALTORS®)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Heritage Title
Vendors Lien -- None Available
Vendors Lien -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $550,500 Purchase Money Mortgage
Previous Owner $849,750 Purchase Money Mortgage
Previous Owner $420,000 No Value Available
Source: Public Records

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9367073

Unlock MLS (Austin Board of REALTORS®)

APN: 129045