NOT LISTED FOR SALE

Estimated Value: $8,125,829

7 Beds
11 Baths
12,856 Sq Ft
$632/Sq Ft Est. Value

Last Sold November 22, 2021

Current estimated payment $50,852/month

11 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Outdoor Pool
  • Lake Pointe Elementary School Rated A
  • 24-Hour Security
  • Fishing

About This Home

As of November 2021

An incredible opportunity; the most sought-after property in one of the most desirable neighborhoods in all of Austin. 3.6+ stunning acres in Spanish Oaks overlooks the Barton Creek Greenbelt with uninterrupted rolling green hills stretching as far as the eye can see with a glimpse of the creek at the bottom of the valley. Rivaling any Hill Country resort, this property provides endless opportunities to relax, play and entertain. Imagine hosting hundreds across the vast lawn towards the amphitheater for the evening’s entertainment. Family fun can include splashing in the two-level pool, a game of bocce ball, apple- or pear-picking in the fruit tree grove, or a playdate in the three-level playhouse. Evening meals can be cooked up in the summer kitchen and enjoyed on a one of a kind patio overlooking the breathtaking view.

Equally impressive, the expansive interior includes exceptional entertaining areas as well as private retreats. The main floor features a formal living and dining room, sunken lounge area with bar, a theater-style media room and an oversized open kitchen where guests can mingle and chat. A catering kitchen, prep kitchen, and large pantry offer plenty of room to prepare for events. The luxurious primary suite is a relaxing retreat; encased in travertine and mosaic tile, the bathing suite enjoys two separate sink and water closets areas, a soaking tub niche with a fireplace and television, an oversized walk-in shower and his-and-hers closets with laundry.

Upstairs hosts more space for informal entertaining and family fun. Three en-suite bedrooms share access to a large game room with bar and balcony, separate play room, an exercise room plus a bunk room with four beds for guests. Additional luxuries you will appreciate include an elevator, a golf simulator, two offices, a main-floor guest suite, a separate two-bedroom guest casita with a full kitchen and living area, four garages, a dog run, and stage hookups for the amphitheater.

Last Agent to Sell the Property

Greg Walling

Moreland Properties License #0535586 Listed on: 11/04/2021

Moreland Properties

Last Buyer's Agent

Jessica Pippin

eXp Realty, LLC License #0696146

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,265

Year Built

  • Built in 2010

Lot Details

  • 3.64 Acre Lot
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • West Facing Home
  • Dog Run
  • Back Yard Fenced
  • Landscaped
  • Native Plants
  • Level Lot
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $367 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Circular Driveway

Property Views

  • Hills
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Metal Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 12,856 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Bar Fridge
  • Bar
  • Recessed Lighting
  • Chandelier
  • Drapes & Rods
  • Family Room with Fireplace
  • Multiple Living Areas
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Home Security System

Kitchen

  • Built-In Range
  • Range Hood
  • Built-In Refrigerator
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Washer and Dryer

Pool

  • Outdoor Pool
  • Waterfall Pool Feature

Outdoor Features

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

Additional Homes

  • Guest House

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Legal Lot and Block 139 / A
  • Assessor Parcel Number 01116301150000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, landscaping, security
  • Spanish Oaks Owners Assoc. Association
  • Spanish Oaks Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Fishing
  • Trails

Security

  • 24-Hour Security
  • Controlled Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,265

Year Built

Built in 2010

Lot Details

0

HOA Fees

$367 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: Deed Restrictions
  • Year Built: 2010
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: W Bee Caves (2244) to Hwy 71. Turn right on 71 & travel 1/4 mile past the light at RR620. Turn left on Spanish Oaks Club Blvd (look for windmill). Proceed to Security Gate. Take Spanish Oaks Blvd 1.5 miles & turn right onto Krause Ln. Travel along Krause Ln about half a mile and until it dead ends into a cul-de-sac where the home is.
  • Disclosures: MUD, Seller Disclosure
  • Estimated Taxes: 81986.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Back Yard
  • Fireplaces: 3
  • Garage Spaces: 4.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: Guest House
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 12856.00
  • Other Structures: Guest House
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Chandelier, Elevator, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Pantry, Primary Bedroom on Main, Recessed Lighting, Two Primary Closets, Walk-In Closet(s)
  • Laundry Location: Laundry Room, Main Level, Multiple Locations
  • View: Hill Country, Park/Greenbelt
  • Flooring: Carpet, Stone, Tile, Wood
  • Fireplace Features: Dining Room, Family Room, Outside
  • Num Dining: 2
  • Num Guest Beds: 2
  • Guest Full Bathrooms: 2
  • Guest Half Bathrooms: 1
  • Num Living: 5
  • Num Other Level Beds: 3
  • Accessibility Features: None
  • Appliances: Bar Fridge, Built-In Range, Built-In Refrigerator, Dishwasher, RNGHD, Stainless Steel Appliance(s), Washer/Dryer, Wine Refrigerator
  • Main Level Bedrooms: 4
  • Property Condition: Resale
  • Security Features: 24 Hour Security, Gated with Guard, Security System
  • Window Features: Drapes, Window Treatments

Beds/Baths

  • Full Bathrooms: 7
  • Half Bathrooms: 4
  • Bathrooms: 11
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Balcony, CCTYD, Uncovered Courtyard, Dog Run, Outdoor Grill, Playground, Private Yard
  • Roof: Metal
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: Outdoor Pool, Waterfall
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 4.00
  • Parking Features: Circular Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: MUD
  • Utilities: Propane, Underground Utilities
  • Heating: Central, Propane
  • Water Source: MUD
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Landscaping, Security
  • Association Fee Frequency: Quarterly
  • Association Fee: 1100.00

Association/Amenities

  • Association Name: Spanish Oaks Owners Assoc.
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Clubhouse, Controlled Access, Fishing, Gated, Golf Course, Playground, Pool, Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Back to Park/Greenbelt, Cul-De-Sac, Landscaped, Level, Native Plants, Sprinkler - Automatic, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 01116301150000
  • Lot Size Acres: 3.6420
  • Lot Size Sq Ft: 158645.52
  • Subdivision Name: Spanish Oaks

Building Info

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

Tax Info

  • Tax Block: A
  • Tax Filled Sqft Total: 12856
  • Tax Lot: 139
  • Tax Rate: 2.25857000000000
  • Tax Year: 2021
  • Tax Annual Amount: 62265.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Nov 22, 2021
Sold by
Elkins Family Trust and Elkins Timothy Richard
Bought by
Trawick Jared and Trawick Ashley
Seller's Agent
Greg Walling
Moreland Properties
Buyer's Agent
Jessica Pippin
eXp Realty, LLC
List Price
$8,650,000
Current Estimated Value
$8,125,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.54%

Purchase Details

Closed on
Mar 9, 2018
Sold by
Perroni David M and Perroni Coral
Bought by
Elkins Timothy Richard and Elkins Christa Joy

Purchase Details

Closed on
Jan 1, 2013
Sold by
Dcsj Family Lp
Bought by
Perroni David M and Perroni Coral

Purchase Details

Closed on
May 14, 2008
Sold by
Spanish Oaks Lp
Bought by
Dcsj Family Lp
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
Trawick Jared -- Heritage Title
Elkins Timothy Richard -- Heritage Title Co
Perroni David M -- None Available
Dcsj Family Lp -- Trinity Title Of Texas
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold -- -- --
11/15/2021 11/15/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $8,650,000 -- $673 / 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 $86,309 $6,422,434 -- --
2023 $86,309 $7,177,632 $1,478,400 $5,699,232
2022 $158,208 $7,982,142 $1,478,400 $6,503,742
2021 $76,984 $3,630,000 $687,500 $4,860,500
2020 $74,658 $3,300,000 $515,625 $2,784,375
2018 $94,142 $3,867,985 $515,625 $3,889,057
2017 $86,215 $3,516,350 $776,250 $2,740,100
2016 $86,215 $3,516,350 $776,250 $2,740,100
2015 $68,338 $3,300,000 $715,000 $2,585,000
2014 $68,338 $3,200,000 $715,000 $2,485,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2409457

Unlock MLS (Austin Board of REALTORS®)

APN: 754116