NOT LISTED FOR SALE

5729 Krause Ln Unit 4A Austin, TX 78738

Estimated Value: $2,374,299 - $3,579,000

4 Beds
4.5 Baths
4,064 Sq Ft
$717/Sq Ft Est. Value

Last Sold December 10, 2020

Current estimated payment $16,906/month

25 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Heated In Ground Pool
  • Lake Pointe Elementary School Rated A
  • 24-Hour Security
  • Fishing

About This Home

As of December 2020

Nestled in one of the most desired areas of Spanish Oaks is a beautiful Santa Barbara style lock and leave Villa, built by Heyl Homes in 2016. With grand panoramic vista views of the Hill County from the living area, kitchen, and owners suite, this home provides the ultimate in luxury living. It boasts an inviting front courtyard with an outdoor sitting area and gas fireplace. The popular floor plan is open concept with an adjoining formal dining area and wet bar to the right. The optional fourth bedroom has a closet and ensuite bath and is currently being used as an office/secondary living area. It is located in the prime location across the street from the Fish Camp and steps to the Lodge and pool.

Last Agent to Sell the Property

Julie Mack

Douglas Elliman Real Estate License #0541793 Listed on: 09/27/2020

Douglas Elliman Real Estate

Co-Listed By

Jeanne Parker

Douglas Elliman Real Estate License #0494675

Last Buyer's Agent

Eugene Batson

eXp Realty LLC License #0579779

eXp Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,839

Year Built

  • Built in 2016

Lot Details

  • 0.8 Acre Lot
  • Property fronts a private road
  • Northwest Facing Home
  • Wrought Iron Fence
  • Landscaped
  • Permeable Paving
  • Lot Sloped Down
  • Sprinkler System
  • Wooded Lot
  • Back Yard Fenced and Front Yard
  • Property is in excellent condition

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Multiple Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Hills

Home Design

  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,064 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Bar
  • Beamed Ceilings
  • Coffered Ceiling
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Chandelier
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Propane Fireplace
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Great Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Built-In Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • ENERGY STAR Qualified Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures
  • Soaking Tub

Home Security

  • Security System Owned
  • Smart Thermostat
  • Fire and Smoke Detector

Accessible Home Design

  • Accessible Common Area
  • Central Living Area
  • Accessible Closets
  • Accessible Doors
  • No Interior Steps
  • Accessible Approach with Ramp
  • Stepless Entry

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Outdoor Pool

Outdoor Features

  • Uncovered Courtyard
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Gas Grill
  • Rain Gutters

Location

  • Property is near a golf course

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Propane
  • Municipal Utilities District for Water and Sewer
  • ENERGY STAR Qualified Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01116302050000

Community Details

Overview

  • Association fees include common area maintenance, security
  • Spanish Oaks Owners Association
  • Built by Heyl Homes
  • Spanish Oaks Subdivision
  • Lock-and-Leave Community

Amenities

  • Community Barbecue Grill
  • Common Area
  • Restaurant
  • Clubhouse
  • Meeting Room
  • Planned Social Activities
  • Community Mailbox

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Community Pool
  • Fishing
  • Putting Green
  • Dog Park
  • Trails

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,839

Year Built

Built in 2016

Lot Details

0

HOA Fees

$450 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Additional Parcels: No
  • Direction Faces: Northwest
  • Directions: Hwy 71 West, turn ..onto Spanish Oaks Club Blvd, Left on Krause, Left towards Villas/Pool. Right, house on right
  • Disclosures: MUD, Seller Disclosure, Seller Provided Survey Available
  • Fencing: Back Yard, Wrought Iron
  • Fireplaces: 2
  • Garage Spaces: 2
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: None
  • Levels: One
  • Living Area: 4064
  • Other Structures: Outdoor Kitchen
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT359501
  • Co List Office Phone: (512) 328-0058
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 42419.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 62.62
  • Current Price By Living Ar: 537.65
  • "Current Price By Original ": 0.95
  • List Price Lot Size Square: 65.78
  • List Price By Living Area: 564.71
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions,Zoning
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: 1st Floor Entry,Single level Floor Plan
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bar, Breakfast Bar, Ceiling Fan(s), Beamed Ceilings, Coffered Ceiling(s), High Ceilings, Chandelier, Double Vanity, Gas Dryer Hookup, Entrance Foyer, Two Primary Closets, Low Flow Plumbing Fixtures, Multiple Living Areas, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Smart Thermostat, Soaking Tub, Sound System, Walk-In Closet(s), Washer Hookup, Wet Bar, Wired for Sound, Quartz Counters
  • View: Hill Country, Panoramic
  • Flooring: Tile, Wood
  • Fireplace Features: Gas Log, Gas Starter, Great Room, Masonry, Outside, Propane
  • Accessibility Features: Accessible Approach with Ramp, Central Living Area, Accessible Closets, Common Area, Accessible Doors
  • Appliances: Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Microwave, Free-Standing Range, RNGHD, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Vented Exhaust Fan, Water Heater, Wine Refrigerator
  • Main Level Bedrooms: 4
  • Property Condition: Resale, Excellent
  • Security Features: 24 Hour Security, Fire Alarm, Gated with Guard, Security Guard, Security Service, Security System, Security System Owned, Smoke Detector(s)
  • Spa Features: Heated, Hot Tub, In Ground
  • Window Features: Insulated Windows, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Main Level

Beds/Baths

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

Exterior Features

  • Exterior Features: Barbecue, Uncovered Courtyard, Gas Grill, Gutters Full, Lighting, No Exterior Steps, Outdoor Grill, Permeable Paving, Private Yard, Restricted Access
  • Roof: Tile
  • Builder Name: Heyl Homes
  • Foundation: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, See Remarks
  • Pool Features: Gunite, Heated, In Ground, Outdoor Pool, Pool/Spa Combo, Private
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Door-Multi, Driveway, Garage, Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 2

Utilities

  • Sewer: MUD
  • Utilities: Cable Connected, Electricity Connected, High Speed Internet, Phone Connected, Propane, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Central
  • Water Source: MUD
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Security
  • Association Fee Frequency: Quarterly
  • Association Fee: 1350
  • Community Web Site: www.spanishaoks.com

Association/Amenities

  • Association Name: Spanish Oaks Owners
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Clubhouse, Cluster Mailbox, Common Grounds, Conference/Meeting Room, Controlled Access, Curbs, Dog Park, Fishing, Fitness Center, Gated, Golf, Lock and Leave, Planned Social Activities, Pool, Putting Green, Restaurant, Sidewalks, Hot Tub, Sport Court(s)/Facility, Street Lights, Tennis Court(s), Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Near Golf Course, Private Maintained Road, Sloped Down, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft), Views
  • Parcel Number: 01116302050000
  • Lot Size Acres: 0.801
  • Lot Size Sq Ft: 34891.56
  • Subdivision Name: Spanish Oaks

Building Info

  • Construction Materials: Frame, Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 30839
  • Tax Filled Sqft Total: 4064
  • Tax Rate: 2.26236000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2020
Closed on
Dec 10, 2020
Sold by
Strawn Bill and Strawn Venus
Bought by
Shapiro Steven L and The 2735 Nichols Canyon Road Trust
Seller's Agent
Julie Mack
Douglas Elliman Real Estate
Buyer's Agent
Eugene Batson
eXp Realty LLC
List Price
$2,295,000
Current Estimated Value
$2,714,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Original Mortgage
$1,748,000
Outstanding Balance
$1,559,016
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,353,309

Purchase Details

Listed on
Nov 8, 2016
Closed on
Mar 2, 2018
Sold by
Heyl Hoems Inc
Bought by
Strawn Bill and Strawn Venus
Seller's Agent
Timothy Heyl
Keller Williams Realty
Buyer's Agent
Julie Mack
Douglas Elliman Real Estate
List Price
$1,825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Mar 18, 2016
Sold by
Synchro Realty Llc
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
$1,225,000
Interest Rate
3.72%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shapiro Steven L -- Preserve Title Company Llc
Strawn Bill -- Capital Title
Heyl Homes Inc -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Steven L $1,748,000
Previous Owner Heyl Homes Inc $1,225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/10/2020 12/10/20 Sold -- -- --
10/22/2020 10/22/20 Pending -- -- --
09/27/2020 09/27/20 For Sale $2,295,000 +21.1% $565 / Sq Ft
03/02/2018 03/02/18 Sold -- -- -- View Prior Sale
01/19/2018 01/19/18 Pending -- -- --
05/25/2017 05/25/17 Price Changed $1,895,000 +3.8% $466 / Sq Ft
11/08/2016 11/08/16 For Sale $1,825,000 -- $449 / 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 $26,298 $2,011,336 -- --
2023 $28,476 $1,984,885 $348,786 $1,636,099
2022 $39,675 $2,001,754 $348,786 $1,652,968
2021 $39,272 $1,851,783 $348,786 $1,502,997
2020 $42,419 $1,875,000 $348,786 $1,526,214
2018 $43,964 $1,806,318 $339,071 $1,467,247
2017 $6,113 $249,341 $125,000 $124,341
2016 $3,065 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2429799

Unlock MLS (Austin Board of REALTORS®)

APN: 754145