NOT LISTED FOR SALE

5729 Krause Ln Unit 2 Austin, TX 78738

Estimated Value: $2,487,000 - $3,417,000

4 Beds
4.5 Baths
4,329 Sq Ft
$667/Sq Ft Est. Value

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Fishing
  • Lake Pointe Elementary School Rated A
  • In Ground Pool
  • 0.8 Acre Lot

About This Home

As of October 2024

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!

Last Agent to Rent the Property

Greg Walling

Moreland Properties Brokerage Phone: (512) 480-0848 License #0535586 Listed on: 09/12/2024

Moreland Properties

Last Renter's Agent

Brandon Vermelis

Compass RE Texas, LLC License #0633777

Compass RE Texas, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 0.8 Acre Lot
  • Southeast Facing Home
  • Landscaped
  • Wooded Lot
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Interior Spaces

  • 4,329 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • French Doors
  • Living Room with Fireplace
  • Multiple Living Areas
  • Dining Room
  • Views of Hills
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Wine Refrigerator
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Double Vanity
  • Garden Bath
  • Separate Shower

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Uncovered Courtyard
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Grill

Schools

  • Lake Pointe Elementary School
  • Bee Cave Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane

Listing and Financial Details

  • Security Deposit $17,000
  • Tenant pays for all utilities
  • The owner pays for association fees, grounds care, pool maintenance
  • Negotiable Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 01116302030000

Community Details

Overview

  • Property has a Home Owners Association
  • Spanish Oaks Subdivision

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Fishing
  • Putting Green
  • Park
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Owner Pays: Association Fees, Grounds Care, Pool Maintenance
  • Tenant Pays: All Utilities
  • Pets Allowed: Dogs OK, Negotiable
  • Available Date: 2024-09-04
  • App Deposit Payable To: Owner
  • App Fee Payable To: Moreland Properties
  • Application Fee: 50
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 2
  • Monthly Pet Rent: 0
  • Additional Pet Fee: 0
  • Pet Deposit: 1000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Year Built: 2017
  • Direction Faces: Southeast
  • Directions: Hwy 71 West, turn onto Spanish Oaks Club Blvd, Left on Krause, Left towards Villas/Pool. Right, house is on right
  • Disclosures: None
  • Fencing: Back Yard
  • Fireplaces: 1
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 4329
  • Attribution Contact: (512) 480-0848
  • Attribution Contact: (512) 480-0848
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 0.49
  • Current Price By Living Ar: 3.93
  • "Current Price By Original ": 1.00
  • List Price Lot Size Square: 0.49
  • List Price By Living Area: 3.93
  • List Price By Original Lis: 1.00
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Double Vanity, Eat-in Kitchen, French Doors, Kitchen Island, Multiple Living Areas, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Two Primary Closets, Walk-In Closet(s)
  • View: Hill Country
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Living Room, Outside
  • Accessibility Features: None
  • Appliances: Microwave, Oven, Range, Refrigerator, Washer/Dryer, Wine Refrigerator
  • Main Level Bedrooms: 4
  • Security Features: Gated with Guard, Secured Garage/Parking
  • Window Features: None
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Main Level

Beds/Baths

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

Exterior Features

  • Exterior Features: Uncovered Courtyard, Outdoor Grill, Private Yard
  • Patio And Porch Features: Covered, Patio
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo
  • Private Pool: Yes
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Propane, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central
  • Cooling: Central Air

Association/Amenities

  • Association: Yes
  • Community Features: Clubhouse, Cluster Mailbox, Fishing, Gated, Golf, Park, Playground, Pool, Putting Green, Walk/Bike/Hike/Jog Trail(s

Condo/Co-op/Association

  • Managed By: Owner

Schools

  • Elementary School: Lake Pointe
  • High School: Lake Travis
  • Middle/Junior School: Bee Cave Middle School
  • Junior High Dist: Lake Travis ISD

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Trees-Medium (20 Ft - 40 Ft), Views
  • Parcel Number: 01116302030000
  • Lot Size Acres: 0.8
  • Lot Size Sq Ft: 34848
  • Subdivision Name: Spanish Oaks

Building Info

  • New Construction: No

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
$2,887,175

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
$1,711,593
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,175,582

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $1,560,800
Previous Owner Heyl Homes Inc $1,343,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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 -- --
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 $28,592 $2,179,979 -- --
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

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3601860

Unlock MLS (Austin Board of REALTORS®)

APN: 754143