NOT LISTED FOR SALE

Estimated Value: $2,253,000 - $2,756,157

4 Beds
3.5 Baths
3,946 Sq Ft
$635/Sq Ft Est. Value

Last Sold September 15, 2014

Current estimated payment $17,837/month

Highlights

  • Lake Front
  • Docks
  • Heated In Ground Pool
  • Highland Park Elementary School Rated A
  • Boat Slip
  • Panoramic View

About This Home

As of October 2022

A magnificent residence above the shores of Lake Austin, this residence boasts sophisticated modern interiors,
stunning sunset views, and resort-style amenities. Recent upgrades include front landscaping, interior paint
throughout, second story deck/railing and landing out of the back sliding door. The property features a well-appointed
pathway to boat dock for convenient access to water activities and enjoyment. The home’s elevation creates a
spectacular vantage point of Lake Austin and the Hill Country. Elegant arched entry windows allow light to pour inside
the foyer that features a sweeping staircase with an iron railing. The open-concept kitchen and living room feature a
fireplace, custom built-ins, and a wall of windows that looks out at the water. The sleek kitchen is outfitted with
stainless steel appliances, a center island, and breakfast nook to enjoy morning coffee overlooking the pool and views.
The second level offers a spacious living room with access to a sprawling terrace that overlooks the pool and landscape
below. Escape to privacy and wake up to a view of the lake in the primary suite. The luxurious primary bathroom offers
a tranquil environment to relax with beautiful neutral tones, a large soaking tub, a glass-enclosed shower, dual
vanities, and custom built-in storage. A charming loft area with wood accents—the perfect office or hang-out space—is
situated above the attached two-car garage. Take advantage of the incredible infinity-edge pool and spa with endless
views of the water below. This home is 5 miles from Austin Country Club and 8 miles from downtown Austin.
Located in two associations: Cliff over Lake Austin (annual dues) and COLA Boat Dock Council of Co-Owners (monthly
dues). *Tenant may utilize the associated boat slip/dock during the lease term. 24Hr Advance Showing Notice.

Last Agent to Rent the Property

Eric Moreland

Moreland Properties License #0449345 Listed on: 08/18/2022

Moreland Properties

Co-Listed By

Scott Suffel

Moreland Properties License #0730988

Last Renter's Agent

Camille Casper

Compass RE Texas, LLC License #0737667

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,283

Year Built

  • Built in 1991

Lot Details

  • 0.5 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • North Facing Home
  • Wrought Iron Fence
  • Partially Fenced Property
  • Fenced Front Yard
  • Electric Fence
  • Lot Sloped Down
  • Front and Back Yard Sprinklers
  • Many Trees
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Property Views

  • River
  • Lake
  • Panoramic

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Masonry Siding

Interior Spaces

  • 3,946 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Bookcases
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Family Room with Fireplace
  • Multiple Living Areas
  • Dining Area
  • Laundry on main level

Kitchen

  • Built-In Double Oven
  • Built-In Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Boat Slip
  • Docks
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Highland Park Elementary School
  • Lamar Middle School
  • Mccallum High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association
  • Cliff Over Lake Austin 02 Subdivision
  • Community Lake

Listing and Financial Details

  • Security Deposit $20,000
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Lease Term
  • 12 Month Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 01330914020000

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,283

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • App Deposit Payable To: Owner
  • App Fee Payable To: Intellirent
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Lease Months: 12
  • Max Numof Pets: 2
  • Min Lease Months: 12
  • Pet Deposit: 750
  • Security Deposit: 20000
  • Tenant Pays: All Utilities
  • Per Person: Yes
  • Per Pet: No
  • Pets Allowed: Cats OK, Dogs OK, Breed Restrictions, Negotiable
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Unit Style: 1st Floor Entry, Multi-level Floor Plan
  • Year Built: 1991
  • Certified Funds: Yes
  • Direction Faces: North
  • Directions: 2222 between mopac and 360. Take Butte, to Palisade, Turn right on Palisade, home is at the end of cup-de-sac on the left.
  • Disclosures: None
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Electric, Front Yard, Partial, Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 2.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Housing Vouchers: No
  • Intermediary: Yes
  • Lease Term: 12 Months
  • Levels: Two
  • Living Area: 3946.00
  • Other Structures: Bathroom
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Ceiling-High, Counter-Granite, Crown Molding, Double Vanity, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Recessed Lighting, Walk-In Closet(s), Wet Bar, See Remarks
  • Laundry Location: Main Level
  • View: Lake, Panoramic, River
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room
  • Num Dining: 1
  • Num Living: 5
  • Num Other Level Beds: 2
  • Accessibility Features: None
  • Appliances: Built-In Electric Range, Built-In Oven(s), Cooktop, Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Microwave, Double Oven, Stainless Steel Appliance(s), Water Heater-Gas
  • Appliances Maintained: See Remarks
  • Main Level Bedrooms: 2
  • Property Condition: Resale
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Security System, Smoke Detector(s)
  • Smoking Inside: No
  • Spa Features: Hot Tub, In Ground
  • Window Features: Window Treatments

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathrooms: 4
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Boat Slip, Dock, Exterior Steps, Gutters Partial, Private Yard, See Remarks
  • Roof: Composition, Shingle
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Porch
  • Pool Features: Heated, In Ground, Private, See Remarks
  • Private Pool: Yes
  • Water Body Name: Lake Austin
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Attached, Garage, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Central
  • Meter Description: Read Meter
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Association: Yes
  • Community Features: Lake, See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Highland Park
  • Middle School: Lamar (Austin ISD)
  • High School: McCallum
  • Elementary School: Highland Park
  • High School: McCallum
  • Middle/Junior School: Lamar (Austin ISD)

Lot Info

  • Lot Features: Cul-De-Sac, Sloped Down, Sprinkler - Automatic, Sprinkler - Back Yard, Sprinkler - In Front, Trees-Heavy, Many Trees
  • Parcel Number: 01330914020000
  • Lot Size Acres: 0.5017
  • Lot Size Sq Ft: 21854.05
  • Subdivision Name: Cliff Over Lake Austin 02

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 3946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Sep 15, 2014
Sold by
Knoll Ronald L
Bought by
Lewis Robert Kip
Seller's Agent
Tara West
Compass RE Texas, LLC
Buyer's Agent
Bridget Ramey
Kuper Sotheby's Int'l Realty
List Price
$1,650,000
Current Estimated Value
$2,504,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$1,240,000
Outstanding Balance
$963,228
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,738,977

Purchase Details

Closed on
Sep 22, 2006
Sold by
Sawhney Neil and Sawhney Ameeshi V
Bought by
Knoll Ronald L and Ronald L Knoll Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Sawhney Neil and Sawhney Ameeshi V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2005
Sold by
Taylor Robert and Taylor Sharon
Bought by
Cendant Mobility Financial Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1997
Sold by
Howard Patrick James and Howard Susan
Bought by
Taylor Robert C and Allison Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,600
Interest Rate
7.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lewis Robert Kip -- None Available
Knoll Ronald L -- Heritage Title
Sawhney Neil -- Multiple
Cendant Mobility Financial Corp -- Multiple
Taylor Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Robert Kipi $200,000
Closed Lewis Robert Kip $184,569
Closed Lewis Robert Kip $183,260
Open Lewis Robert Kip $1,240,000
Previous Owner Knoll Ronald L $855,000
Previous Owner Sawhney Neil $820,000
Previous Owner Cendant Mobility Financial Corp $102,500
Previous Owner Taylor Robert C $589,500
Previous Owner Taylor Robert C $577,500
Previous Owner Taylor Robert C $393,600
Closed Taylor Robert C $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2022 10/01/22 Rented $16,500 +10.0% --
09/30/2022 09/30/22 Under Contract -- -- --
09/17/2022 09/17/22 Price Changed $15,000 -11.8% $4 / Sq Ft
08/25/2022 08/25/22 Price Changed $17,000 -15.0% $4 / Sq Ft
08/18/2022 08/18/22 For Rent $20,000 0.0% --
09/15/2014 09/15/14 Sold -- -- --
07/15/2014 07/15/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $1,650,000 -- $418 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

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 $50,283 $1,995,359 $972,224 $1,023,135
2023 $41,926 $2,317,340 $1,207,500 $1,109,840
2022 $31,476 $1,593,790 $0 $0
2021 $31,538 $1,448,900 $690,000 $758,900
2020 $30,028 $1,400,000 $690,000 $710,000
2018 $30,908 $1,288,947 $636,533 $652,414
2017 $28,304 $1,269,139 $603,750 $665,389
2016 $25,976 $1,164,752 $474,375 $692,746
2015 $15,417 $1,058,865 $474,375 $584,490
2014 $15,417 $782,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6537503

Unlock MLS (Austin Board of REALTORS®)

APN: 128830