Seller's Agent in 2023
Eric Moreland
Moreland Properties
(512) 924-8442
1 in this area
81 Total Sales
4307 Island Ave Austin, TX 78731
Mount Bonnell NeighborhoodEstimated Value: $5,802,426 - $6,985,000
5
Beds
7
Baths
5,262
Sq Ft
$1,207/Sq Ft
Est. Value
Highlights
- Lake Front
- Private Dock
- In Ground Pool
- Highland Park Elementary School Rated A
- Boat Lift
- Gated Community
About This Home
As of May 2023This spectacular Santa-Barbara style home is located in a canal on coveted Lake Austin. Remodeled by Sereno Homes, the property was previously the personal residence of its builder. It offers bespoke craftsmanship with the finest materials including diamond plaster walls, Alderwood and travertine flooring, warm oak beams and divided-light windows. The main floor offers an open floor plan, with the luxurious primary suite set off separately from the rest of the gathering spaces. In the chef’s kitchen you’ll find built-in appliances by Miele and Viking including an espresso machine, warming drawers, refrigerated beverage drawers and full-sized wine fridge off the kitchen. Sit by the fireplace in the cozy family room while looking out over the pool, spa and Lake Austin views. With +/- 160’ of prime waterfront and two private boat slips, it is a unique and rare offering on Lake Austin. Additional features include a central vacuum system, programmable Lutron lighting, three-car garage, wet bar, game room, a newly installed back-up generator that can power the entire house, and an expansive study that could serve as a fifth bedroom or ideal spot to work from home. The Island is a privately gated community off the rolling hills of Mount Bonnell, a scenic and iconic landmark street in central Austin. Many of Lake Austin’s amenities are just a boat ride away, from Hula Hut and Mozart’s Coffee, to Austin Country Club, Ski Shores Café and the 360 Bridge. 24-Hour Advance Showing Notice.
Last Agent to Sell the Property
Moreland Properties License #0449345 Listed on: 03/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $86,625
Year Built
- Built in 1995
Lot Details
- 0.53 Acre Lot
- Lake Front
- Northeast Facing Home
- Wrought Iron Fence
- Sprinkler System
- Mature Trees
- Wooded Lot
HOA Fees
- $200 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
Property Views
- River
- Lake
Home Design
- Slab Foundation
- Tile Roof
- Stone Veneer
- Stucco
Interior Spaces
- 5,262 Sq Ft Home
- 2-Story Property
- Wet Bar
- Beamed Ceilings
- Gas Log Fireplace
- Window Treatments
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Multiple Living Areas
- Fire and Smoke Detector
- Laundry on main level
Kitchen
- Convection Oven
- Free-Standing Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Fireplace in Primary Bedroom
- Walk-In Closet
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Boat Lift
- Private Dock
- Covered Patio or Porch
- Waterfall on Lot
Schools
- Highland Park Elementary School
- Lamar Middle School
- Mccallum High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Heating System Uses Natural Gas
- Natural Gas Connected
- Gas Water Heater
- Water Purifier is Owned
Listing and Financial Details
- Legal Lot and Block 3 / A
- Assessor Parcel Number 01290704310000
- 2% Total Tax Rate
Community Details
Overview
- Association fees include common area maintenance
- Island Mt Bonnell Association
- Built by Sereno Homes
- Island At Mount Bonnell Shores Subdivision
- Mandatory home owners association
- The community has rules related to covenants, conditions, and restrictions, deed restrictions
Recreation
- Community Boat Dock
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 2, 2025
Sold by
Etelis Michael
Bought by
Counterflow Residence Trust and Walling
Current Estimated Value
Purchase Details
Listed on
Mar 6, 2023
Closed on
May 18, 2023
Sold by
Wilschetz Timothy D
Bought by
Etelis Michael
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Kevin Knight
Real Broker, LLC
List Price
$7,400,000
Views
126
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.52%
Original Mortgage
$5,000,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2017
Sold by
Wilschetz Timothy Dq
Bought by
Wilschetz Timothy D
Purchase Details
Listed on
Jan 22, 2012
Closed on
Mar 27, 2012
Sold by
Hurd Gregory
Bought by
Wilschetz Timothy D and Busch Carol A
Seller's Agent
Stephanie Nick
Moreland Properties
Buyer's Agent
Anne Giles
Gottesman Residential R.E.
List Price
$4,000,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Purchase Details
Closed on
Jan 30, 2009
Sold by
Garza Armando J and Soucie Suzette M
Bought by
Hurd Gregory
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 4, 1994
Sold by
Austin Lake Island Estates Llc
Bought by
Garza Armando J and Soucie Suzette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.46%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Counterflow Residence Trust | -- | None Listed On Document | |
| Etelis Michael | -- | None Listed On Document | |
| Wilschetz Timothy D | -- | None Available | |
| Wilschetz Timothy D | -- | Heritage Title | |
| Hurd Gregory | -- | North American Title | |
| Garza Armando J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Etelis Michael | $5,000,000 | |
| Previous Owner | Hurd Gregory | $795,000 | |
| Previous Owner | Garza Armando J | $440,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | -- | -- | -- | |
| 04/21/2023 04/21/23 | Pending | -- | -- | -- | |
| 03/31/2023 03/31/23 | Price Changed | $6,995,000 | -5.5% | $1,329 / Sq Ft | |
| 03/06/2023 03/06/23 | For Sale | $7,400,000 | +85.0% | $1,406 / Sq Ft | |
| 03/27/2012 03/27/12 | Sold | -- | -- | -- | View Prior Sale |
| 03/06/2012 03/06/12 | Pending | -- | -- | -- | |
| 01/22/2012 01/22/12 | For Sale | $4,000,000 | -- | $731 / 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 | $129,113 | $6,309,000 | $4,370,760 | $1,938,240 |
| 2023 | $76,209 | $4,704,967 | $3,168,000 | $1,536,967 |
| 2022 | $95,586 | $4,840,000 | $0 | $0 |
| 2021 | $95,774 | $4,400,000 | $3,168,000 | $1,384,820 |
| 2020 | $85,795 | $4,000,000 | $3,168,000 | $832,000 |
| 2018 | $81,148 | $3,665,225 | $3,168,000 | $806,491 |
| 2017 | $74,309 | $3,332,023 | $1,814,400 | $1,517,623 |
| 2016 | $75,345 | $3,378,502 | $1,814,400 | $1,564,102 |
| 2015 | $69,066 | $3,257,192 | $2,016,000 | $1,241,192 |
| 2014 | $69,066 | $3,061,000 | $1,728,000 | $1,333,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Moreland
-
Kevin Knight
Buyer's Agent in 2023
Kevin Knight
Real Broker, LLC
(512) 993-7299
1 in this area
37 Total Sales
-
Stephanie Nick
Seller's Agent in 2012
Stephanie Nick
Moreland Properties
(512) 426-9183
36 Total Sales
-
Anne Giles
Buyer's Agent in 2012
Anne Giles
Gottesman Residential R.E.
(512) 426-3501
8 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 4464230
APN: 124811
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. All data is provided “AS IS” and with all faults. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.
Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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