NOT LISTED FOR SALE

8500 Galeana Trace Cove Austin, TX 78733

Lake Austin Neighborhood

Estimated Value: $1,343,000 - $2,046,000

3.8 Acres
$426,658 Price per Acre
165,615 Sq Ft Lot

Last Sold January 13, 2021

Current estimated payment $10,939/month

6 Days on Market

Highlights

  • Guest House
  • Barn
  • Panoramic View
  • Barton Creek Elementary School Rated A+
  • Horses Allowed On Property
  • Gated Community

About This Lot

As of January 2021

Spectacular 3.8-acre lot in Acclaimed Eanes ISD! Amazing Panoramic Canyon & Hill Country views! Horses Allowed! Extremely private lot behind a private gated driveway. Property cannot be seen from the gate. Bring your own builder, architect & explore the possibilities. Horse paddock & barn with a living space already on property. Utilities on property. Multiple building sites with tons of space for a Pool, Sport court, Guesthouse, Multi-car garage, etc. All the estate homes on Galeana Trace Cove have private gated lots. Seven Oaks Section IV Owners Association. Up to 4 horses allowed.

Last Agent to Sell the Property

Simon Magnus

Coldwell Banker Realty License #0421580 Listed on: 11/27/2020

Coldwell Banker Realty

Last Buyer's Agent

Matthew Moreno

Lujo Realty, PLLC License #0678921

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,024

Lot Details

  • 3.8 Acre Lot
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Gated Home
  • Wrought Iron Fence
  • Wood Fence
  • Private Lot
  • Lot Has A Rolling Slope
  • Mature Trees
  • Wooded Lot
  • Many Trees
  • Zoning described as Zoned

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Panoramic
  • Hills

Additional Homes

  • Guest House

Schools

  • Barton Creek Elementary School
  • West Ridge Middle School
  • Westlake High School

Farming

  • Barn
  • 1 Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks

Utilities

  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 01253402350000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance
  • Seven Oaks, Section Iv Association
  • Carriage Crossing Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions, zoning restrictions

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,024

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: Deed Restrictions, Zoning
  • Additional Parcels: No
  • Architect Approved: Yes
  • Builder Restricted: No
  • Commercial: No
  • Directions: 360 to West on Bee Caves (FM 2244), Right on River Rd to Galeana Trace on your right and property on the right.
  • Disclosures: None
  • Estimated Taxes: 10271.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: Gate, Wood, Wrought Iron
  • Intermediary: Yes
  • Mineral: None
  • Other Structures: Barn(s), Guest House, See Remarks
  • Road Surface Type: PVD
  • Special Listing Conditions: Standard
  • Title: Negotiable
  • Special Features: None

Interior Features

  • View: Hill Country, Panoramic

Exterior Features

  • Exterior Features: None
  • Number of Barns: 1
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 50.00

Association/Amenities

  • Association Name: Seven Oaks, Section IV
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Gated

Schools

  • School District: Eanes ISD
  • School District: Eanes ISD
  • Elementary School: Barton Creek
  • Middle School: West Ridge
  • High School: Westlake
  • Elementary School: Barton Creek
  • High School: Westlake
  • Middle/Junior School: West Ridge

Lot Info

  • Barn Condition: Good
  • Endangered Species: Unknown
  • Lot Features: Back to Greenbelt, Cul-De-Sac, Private, Rolling Slope, Trees-Large (Over 40 Ft), Many Trees, Trees-Medium (20 Ft - 40 Ft), See Remarks
  • Topography: Rolling
  • Type of Home Allowed: Site Built, See Remarks
  • Parcel Number: 01253402350000
  • Lot Size Acres: 3.8020
  • Lot Size Sq Ft: 165615.12
  • Subdivision Name: Carriage Crossing
  • Surface Water: No
  • Zoning Description: Zoned

Building Info

  • New Construction: No

Tax Info

  • Tax Rate: 1.68000000000000
  • Tax Year: 2020
  • Tax Annual Amount: 8024.00
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Jan 13, 2021
Sold by
Seaton Reed J and Lundmark Seaton Annika
Bought by
Guttfreund Sascha Stone
Seller's Agent
Simon Magnus
Coldwell Banker Realty
Buyer's Agent
Matthew Moreno
Lujo Realty, PLLC
List Price
$1,000,000
Current Estimated Value
$1,723,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%

Purchase Details

Listed on
Apr 7, 2015
Closed on
May 4, 2015
Sold by
Johnson Clayton and Bond Johnson Michelle
Bought by
Seaton Reed J and Lundmark Seaton Annika
Seller's Agent
Todd Grossman
Compass RE Texas, LLC
Buyer's Agent
Darcy Newton
Douglas Elliman Real Estate
List Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$555,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 2012
Sold by
Breedlove William and Breedlove Stephanie
Bought by
Leach Mark and Tucker April Camille

Purchase Details

Closed on
Jun 20, 2005
Sold by
Morris William Carloss
Bought by
Breedlove William and Breedlove Stephanie

Purchase Details

Closed on
Jun 17, 2005
Sold by
Morris William Carloss and Morris Sharon Kay
Bought by
Morris William Carloss and Sharon Kay Morris Charitable Remainder U
Source: Public Records

Range of Values:

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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
Guttfreund Sascha Stone -- Independence Title Company
Seaton Reed J -- None Available
Leach Mark -- None Available
Breedlove William -- Stewart Title
Morris William Carloss -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seaton Reed J $555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold -- -- --
12/03/2020 12/03/20 Pending -- -- --
11/27/2020 11/27/20 For Sale $1,000,000 +29.0% --
05/13/2015 05/13/15 Sold -- -- --
04/15/2015 04/15/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $775,000 -- --
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 $17,436 $1,985,724 $1,985,724 --
2023 $14,096 $1,031,311 $937,500 $93,811
2022 $15,409 $1,031,311 $937,500 $93,811
2021 $10,074 $625,435 $546,875 $78,560
2020 $10,272 $610,332 $546,875 $63,457
2018 $10,613 $605,816 $546,875 $58,941
2017 $10,460 $587,673 $546,875 $40,798
2016 $10,658 $598,810 $546,875 $51,935
2015 $5,903 $314,445 $282,299 $32,146
2014 $5,903 $315,606 $282,299 $33,307
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5709115

Unlock MLS (Austin Board of REALTORS®)

APN: 818428