Seller's Agent in 2023
Eric Moreland
Moreland Properties
(512) 924-8442
30 in this area
92 Total Sales
5420 Petticoat Ln Austin, TX 78746
Westlake NeighborhoodEstimated Value: $8,926,000 - $10,115,067
7
Beds
6.5
Baths
8,740
Sq Ft
$1,089/Sq Ft
Est. Value
Highlights
- In Ground Pool
- Panoramic View
- 10.65 Acre Lot
- Eanes Elementary School Rated A+
- Built-In Refrigerator
- Mature Trees
About This Home
As of October 2023One-of-a-kind estate property on over 10 acres nestled up against Wild Basin Wilderness Preserve to the back and overlooking breathtaking Austin skyline views. This vast two-lot parcel is a rare opportunity to own substantial acreage within eight miles of downtown; the size and location of the property offers extraordinary privacy while also allowing for far-reaching panoramas. Two recently remodeled existing homes offer move-in ready options. This property also affords the potential to build the ultimate showplace home. While you will be surrounded by woods and wildlife at home, Austin Country Club is a quick five miles to the north, and shopping and dining in Westlake is six miles south. Exceptional Eanes schools are nearby, as are several prestigious private institutions. The larger home is a sumptuous entertaining showplace with elegantly proportioned rooms flowing in to one another and out to the covered terrace, pool and lawn beyond. Features an oversized bar between the sunken living and family room. A luxuriously sized primary suite enjoys city and hillside scenery, a spa-like bath and two walk-in closets plus an adjacent study. Two additional bedrooms and a mirrored fitness/dance room offer plenty of space. The second home is a charming mid-century cottage with a bedroom and study/flex space; a separate pool house with bath can serve as an ultra-private primary suite. A screened porch and large deck expand the living space outside. Set on a grassy terrace, the pool hangs over the hillside, and you will find yourself spending hours floating at the edge, enjoying the view. The incredible property is a once-in-a-lifetime opportunity to live a Hill Country lifestyle while enjoying the pleasures of one of the most exciting cities in the country. *Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified. 24HR Advance Showing Notice.
Last Agent to Sell the Property
Moreland Properties License #0449345 Listed on: 11/01/2022
Last Buyer's Agent
Non Member
Non Member License #785011
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $186,295
Year Built
- Built in 1984
Lot Details
- 10.65 Acre Lot
- Adjacent to Greenbelt
- East Facing Home
- Partially Fenced Property
- Wood Fence
- Sprinkler System
- Mature Trees
- Wooded Lot
- Many Trees
- Private Yard
- 0121190113
Parking
- 3 Car Attached Garage
- Carport
- Driveway
- Additional Parking
Property Views
- Panoramic
- City
- Hills
- Park or Greenbelt
Home Design
- Pillar, Post or Pier Foundation
- Slab Foundation
- Frame Construction
- Metal Roof
- Masonry Siding
Interior Spaces
- 8,740 Sq Ft Home
- Multi-Level Property
- Wet Bar
- Built-In Features
- Bar Fridge
- Bar
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Wood Burning Fireplace
- Fireplace With Gas Starter
- Window Treatments
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Multiple Living Areas
- Dining Area
Kitchen
- Breakfast Bar
- Double Oven
- Electric Oven
- Gas Cooktop
- Microwave
- Built-In Refrigerator
- Ice Maker
- Dishwasher
- Stainless Steel Appliances
- Granite Countertops
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Marble
Bedrooms and Bathrooms
- 7 Bedrooms | 2 Main Level Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
Home Security
- Security System Owned
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- In Ground Pool
- Covered Patio or Porch
- Outdoor Storage
- Outbuilding
- Rain Gutters
Schools
- Bridge Point Elementary School
- Hill Country Middle School
- Westlake High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- Propane
- Municipal Utilities District Water
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Built by Don Reynolds
- Simmons John E Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 01211901010000
- 2% Total Tax Rate
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 1, 2022
Closed on
Oct 11, 2023
Sold by
Austin One Llc
Bought by
Jkl-Dkl 1 Llc
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Non Member
Non Member
List Price
$13,950,000
Views
870
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.37%
Purchase Details
Listed on
Nov 11, 2020
Closed on
Mar 17, 2021
Sold by
Schoonover Thomas R
Bought by
Austin One Llc
Seller's Agent
Monica Fabbio
Christie's Int'l Real Estate
Buyer's Agent
Todd Grossman
Compass RE Texas, LLC
List Price
$6,995,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.61%
Purchase Details
Listed on
Feb 29, 2012
Closed on
Dec 1, 2012
Sold by
Heldt James W and Heldt Karen G
Bought by
Schoonover Thomas R
Seller's Agent
Cindy Goldrick
Moreland Properties
Buyer's Agent
Cindy Goldrick
Moreland Properties
List Price
$2,500,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.97%
Original Mortgage
$800,000
Interest Rate
2.26%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jkl-Dkl 1 Llc | -- | Stewart Title | |
| Austin One Llc | -- | Independence Title | |
| Schoonover Thomas R | -- | North American Title Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Austin One Llc | $3,575,000 | |
| Previous Owner | Schoonover Thomas R | $800,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2023 10/11/23 | Sold | -- | -- | -- |
| 07/27/2023 07/27/23 | Pending | -- | -- | -- |
| 03/31/2023 03/31/23 | Price Changed | $12,950,000 | -7.2% | $1,482 / Sq Ft |
| 11/01/2022 11/01/22 | For Sale | $13,950,000 | +106.7% | $1,596 / Sq Ft |
| 03/17/2021 03/17/21 | Sold | -- | -- | -- |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 02/15/2021 02/15/21 | Price Changed | $6,750,000 | -3.5% | $1,032 / Sq Ft |
| 11/11/2020 11/11/20 | For Sale | $6,995,000 | +179.8% | $1,069 / Sq Ft |
| 12/10/2012 12/10/12 | Sold | -- | -- | -- |
| 11/06/2012 11/06/12 | Pending | -- | -- | -- |
| 02/29/2012 02/29/12 | For Sale | $2,500,000 | -- | $382 / Sq Ft |
Source: Unlock MLS (Austin Board of REALTORS®)
Tax History Compared to Growth
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 | $105,959 | $7,249,611 | $4,015,942 | $3,233,669 |
| 2023 | $116,743 | $8,162,461 | $4,480,000 | $3,682,461 |
| 2022 | $129,573 | $8,297,312 | $4,480,000 | $3,817,312 |
| 2021 | $76,115 | $4,509,219 | $3,780,000 | $2,253,823 |
| 2020 | $72,515 | $4,099,290 | $3,780,000 | $1,720,000 |
| 2018 | $62,556 | $3,387,843 | $1,653,750 | $2,048,403 |
| 2017 | $56,871 | $3,079,857 | $1,812,891 | $1,340,827 |
| 2016 | $51,700 | $2,799,870 | $1,812,891 | $1,430,882 |
| 2015 | $41,082 | $2,545,336 | $1,492,969 | $1,108,792 |
| 2014 | $41,082 | $2,313,942 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
N
Buyer's Agent in 2023
Non Member
Non Member
-
Seller's Agent in 2021
Monica Fabbio
Christie's Int'l Real Estate
(512) 825-8891
3 in this area
95 Total Sales
-
Buyer's Agent in 2021
Todd Grossman
Compass RE Texas, LLC
(512) 919-6524
3 in this area
167 Total Sales
-
Buyer Co-Listing Agent in 2021
Michelle Jones
Compass RE Texas, LLC
(512) 470-3173
1 in this area
170 Total Sales
-
Seller's Agent in 2012
Cindy Goldrick
Moreland Properties
(512) 423-7264
4 in this area
55 Total Sales
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3951558
APN: 121200
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