$2,580,000
RENTED OCT 15, 2024

5729 Krause Ln Unit 2 Austin, TX 78738

Spanish Oaks Neighborhood
4 Beds
5 Baths
4,329 Sq Ft
$596 Price per Sq Ft

About This Home

Spanish Oaks is one of Austin’s most sought-after communities featuring a world-class private golf course and club, miles of trails and parks and spectacular scenery as well as extensive security. While just minutes to shopping and restaurants at the Galleria, you’ll feel miles away from any stress as you pull up to your tree-surrounded home. 5729 Krause Lane #2 is located in the Preserve Villas of Spanish Oaks, overlooking the Fish Camp, a 4+ acre stocked lake with a bait house & pier and only steps away from the Resident’s Lodge and Pool. This single-story Hill Country Contemporary design welcomes you with an open courtyard, turfed lawn and an outdoor stone fireplace. The front door is a wall of glass and inside you will find what everyone is looking for today – clean color palette, open living, soaring ceilings, with natural light beaming through large windows & doors looking out to the pool, backyard, and Fish Camp beyond. The floor plan offers you an additional family room, large master suite plus three en-suite bedrooms. Outdoor living is encouraged on the covered back porch with distant views of the Texas hill country. From the whole house audio to the automated window screens to the decked out three-car garage this home has been customized for the discerning buyer. Even a “tree house” was created in the tree well for kids and grandchildren!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Ziehr Nathan Mark and Ziehr Jessica Lea
Bought by
Ogbonnaya Jessica
Current Estimated Value
$2,580,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Outstanding Balance
$1,730,730
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$849,270

Purchase Details

Closed on
Jun 29, 2018
Sold by
Heyl Homes Inc
Bought by
Ziehr Nathan Mark and Ziehr Jessica Lea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,800
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Synchro Realty L L C
Bought by
Heyl Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,343,000
Interest Rate
3.96%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Ogbonnaya Jessica -- Heritage Title
Ziehr Nathan Mark -- Capital Title
Heyl Homes Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ogbonnaya Jessica $1,920,000
Previous Owner Ziehr Nathan Mark $1,525,000
Previous Owner Ziehr Nathan Mark $1,560,800
Previous Owner Heyl Homes Inc $1,343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Rented $17,000 0.0% --
09/12/2024 09/12/24 For Rent $17,000 +6.3% --
09/18/2023 09/18/23 Rented $16,000 -5.9% --
07/07/2023 07/07/23 Price Changed $17,000 -8.1% $4 / Sq Ft
05/26/2023 05/26/23 For Rent $18,500 -- --

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
2023 $30,590 $2,126,856 $348,786 $1,778,070
2022 $42,155 $2,126,856 $348,786 $1,778,070
2021 $43,288 $2,041,115 $348,786 $1,692,329
2020 $44,137 $1,950,903 $348,786 $1,602,117
2018 $22,015 $904,525 $215,679 $688,846
Source: Public Records

Agents Affiliated with this Home

  • Greg Walling

    Seller's Agent in 2024

    Greg Walling

    Moreland Properties

    (512) 633-3787

    8 in this area

    133 Total Sales

    Greg Walling
    Section Image

  • B

    Buyer's Agent in 2024

    Brandon Vermelis

    Compass RE Texas, LLC

    (512) 800-5101

    34 Total Sales

    Brandon Vermelis
    Section Image
  • Leslie Phillips

    Buyer's Agent in 2023

    Leslie Phillips

    Compass RE Texas, LLC

    (512) 769-7443

    41 Total Sales

    Leslie Phillips
    Section Image
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Map

Texas Travis County Austin 78738 Spanish Oaks

5729 Krause Ln Unit 2, Austin, TX

This home is located at 5729 Krause Ln Unit 2, Austin, TX 78738 and is currently estimated at $2,580,000, approximately $595 per square foot. 5729 Krause Ln Unit 2 is a home located in Travis County with nearby schools including Lake Pointe Elementary School, Bee Cave Middle School, and Lake Travis High School.

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.

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