NOT LISTED FOR SALE

8505 Prairie Rye Dr Meadowlakes, TX 78654

Estimated Value: $463,818 - $515,000

5 Beds
3 Baths
2,266 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 25, 2024

Current estimated payment $3,576/month

115 Days on Market

Highlights

  • Fishing
  • Open Floorplan
  • View of Hills
  • Lago Vista Elementary School Rated A-
  • North Carolina Healthy Built Homes
  • Community Lake

About This Home

As of March 2024

Welcome to 8505 Prairie Rye Drive. This Highland home features five bedrooms (four bedroom + a study), three bathrooms, and an extended owner’s suite with bay windows. Enjoy a model-worthy floor plan that is open, functional, and boasts stunning windows that highlight the hill country. This home has been a second home for the sellers and lives like a brand new home. The homesite is highly coveted and offers significant privacy. Find only one direct neighbor to the right of the home and no neighbor behind or to the left. Developer green space surrounds the left and back side of the home giving the property privacy, natural light, and stunning views. Features include tile-wood flooring, kitchen cabinet LED lighting, a full sprinkler system, four sides brick masonry, full gutter system, and custom window treatments. 8505 Prairie Rye is located in Hines’ award-winning Lakeside in Tessera on Lake Travis development with state-of-the-art amenities. Be sure to check out the community pool, playground, private boat ramp, picnic area, six miles of trails, beach area, and more. A must see!

Last Agent to Sell the Property

Brittney Heffernan

Brodsky Properties Brokerage Phone: (512) 963-9044 License #0682471 Listed on: 11/04/2023

Last Buyer's Agent

Scott Gustafson

Redfin Corporation License #0762781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,862

Year Built

  • Built in 2019

Lot Details

  • 7,153 Sq Ft Lot
  • East Facing Home
  • Wrought Iron Fence
  • Private Lot
  • Front and Back Yard Sprinklers
  • Property is in good condition

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,266 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Views of Hills

Kitchen

  • Gas Cooktop
  • Stainless Steel Appliances
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Home Security

  • Fire and Smoke Detector
  • In Wall Pest System

Eco-Friendly Details

  • North Carolina Healthy Built Homes

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Lago Vista Elementary And Middle School
  • Lago Vista High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 01868311240000
  • Tax Block E

Community Details

Overview

  • Association fees include common area maintenance
  • Tessera On Lake Travis Association
  • Built by Highland Homes
  • Tessera On Lake Travis Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Common Area
  • Planned Social Activities
  • Community Mailbox

Recreation

  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,862

Year Built

Built in 2019

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: Head north on 183A/183, exit 1431, take a left on 1431 and continue to handle west, continue straight on 1431 through Lago Vista at Lohmans and 1431, take a left down Tessera Parkway into Lakeside in Tessera on Lake Travis
  • Disclosures: Public Improvement District, Seller Disclosure, Seller Provided Survey Available
  • Fencing: Wrought Iron
  • Garage Spaces: 2
  • Green Energy Efficient: Healthy Living Features
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2266
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 963-9044
  • Attribution Contact: (512) 963-9044
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12862.04
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 75.79
  • Current Price By Living Ar: 239.23
  • "Current Price By Original ": 0.99
  • List Price Lot Size Square: 76.76
  • List Price By Living Area: 242.28
  • List Price By Original Lis: 1.00
  • Restrictions: Deed Restrictions
  • Tax Exemptions: None
  • Unit Style: 1st Floor Entry
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting
  • View: Hill Country
  • Flooring: Carpet, Tile
  • Accessibility Features: None
  • Appliances: Gas Cooktop, Stainless Steel Appliance(s)
  • Main Level Bedrooms: 5
  • Property Condition: Resale, Good
  • Security Features: Smoke Detector(s)
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Inside,Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 3
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Exterior Steps, Gutters Partial, Pest Tubes in Walls
  • Roof: Composition, Shingle
  • Builder Name: Highland Homes
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lake Travis
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 83

Association/Amenities

  • Association Name: Tessera on Lake Travis
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Fishing, High Speed Internet, Lake, Park, Pet Amenities, Picnic Area, Planned Social Activities, Playground, Pool, Walk/Bike/Hike/Jog Trail(s

Schools

  • Elementary School: Lago Vista
  • High School: Lago Vista
  • Middle/Junior School: Lago Vista
  • Junior High Dist: Lago Vista ISD

Lot Info

  • Lot Features: Private, Sprinkler - Automatic, Sprinkler - In Rear, Sprinkler - In Front, Views
  • Parcel Number: 01868311240000
  • Lot Size Acres: 0.1642
  • Lot Size Sq Ft: 7152.55
  • Subdivision Name: Tessera on Lake Travis

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Block: E
  • Tax Year: 2023
  • Tax Annual Amount: 12862.04
  • Tax Filled Sqft Total: 2713
  • Tax Rate: 2.20820000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Mar 25, 2024
Sold by
Addison-Smith Juan Pablo and Addison-Smith Claudia
Bought by
Fallon Jeffrey James and Fallon Anthie Gonos
Seller's Agent
Brittney Heffernan
Brodsky Properties
Buyer's Agent
Scott Gustafson
Redfin Corporation
List Price
$549,000
Views
41
Current Estimated Value
$486,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.20%

Purchase Details

Closed on
Dec 27, 2019
Sold by
Highland Homes Austin Llc
Bought by
Addison Smith Juan Pablo and Addison Smith Claudia

Purchase Details

Closed on
Jun 26, 2019
Sold by
Hines Lake Travis Land Ii Lp
Bought by
Highland Homes Austin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000,000
Interest Rate
4%
Mortgage Type
Commercial
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
Fallon Jeffrey James -- Heritage Title
Addison Smith Juan Pablo -- None Available
Highland Homes Austin Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Highland Homes Austin Llc $50,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2024 03/25/24 Sold -- -- --
11/04/2023 11/04/23 For Sale $549,000 -- $242 / 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 $11,229 $479,418 $100,305 $379,113
2023 $12,906 $582,461 $100,000 $482,461
2022 $12,982 $587,879 $50,000 $537,879
2021 $8,807 $355,364 $50,000 $305,364
2020 $8,927 $346,679 $50,000 $296,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 7022830

Unlock MLS (Austin Board of REALTORS®)

APN: 918870