NOT LISTED FOR SALE

8527 Galeana Trace Cove Austin, TX 78733

Lake Austin Neighborhood

Estimated Value: $4,030,912

2.44 Acres
$1,652,013 Price per Acre
106,286 Sq Ft Lot

Last Sold August 18, 2020

Current estimated payment $24,426/month

147 Days on Market

Highlights

  • Panoramic View
  • Adjacent to Greenbelt
  • Cul-De-Sac
  • Barton Creek Elementary School Rated A+

About This Lot

As of August 2020

With sweeping Hill Country views and mature trees, this new lot listing offers a getaway with nearby city amenities. Located in the upscale Seven Oaks subdivision, this 2.44-acres comes with a luxury gated entrance and is situated within a cul-de-sac. Seven Oaks hosted the 2006 Parade of Homes and no luxuries were spared in the residences within this community. The subdivision is located in North West Austin. Nature lovers will enjoy.....

Last Agent to Sell the Property

Shawn Culhane

WSI Realty License #0597362 Listed on: 01/23/2020

Co-Listed By

Jason Pratt

Cornerstone Partners Realty License #0426632

Last Buyer's Agent

Emily Lottman

DEN Property Group License #0664915

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $27,272

Lot Details

  • Adjacent to Greenbelt
  • Cul-De-Sac

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Panoramic
  • Woods
  • Hills
  • Park or Greenbelt

Utilities

  • Electricity To Lot Line
  • Propane
  • Natural Gas Not Available
  • Septic Needed

Community Details

  • Association fees include common area maintenance

Listing and Financial Details

  • Legal Lot and Block 17 / A
  • Assessor Parcel Number 01253402130000
  • 2% Total Tax Rate

Property Details

Property Type

Land

Est. Annual Taxes

$27,272

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Property Type: Lot
  • Property Sub Type: Single Lot
  • Architect Approved: Yes
  • Builder Restricted: Yes
  • Exclusions: Homestead
  • Restrictions: Yes
  • Restrictions Type: Deed Restrictions
  • Ratio Close Price By List Price: 0.97282
  • Ratio Close Price By Original Li: 0.90679
  • Ratio Current Price By Lot Size: 278346.30
  • Special Features: None

Interior Features

  • View: Greenbelt, Hill Country, Panoramic, Woods
  • Improvements: Fenced, Public Maintained Road, Utilities-Electric

Exterior Features

  • Fence: Wrought Iron
  • Trees: Small (Under 20 Ft)
  • Waterfront: No
  • Livestock: No

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity On Property, Natural Gas Not Available, Propane Available, See Agent
  • Water Source: City

Condo/Co-op/Association

  • HOA: Yes
  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Annually
  • Association Fee: 1000
  • Hoa Management Co: Seven Oaks
  • Hoa Name: Estates of Carriage
  • H O A Requirement: Mandatory

Schools

  • School District: Eanes ISD
  • School District: Eanes ISD
  • Elementary A: Barton Creek
  • Middle Intermediate School: West Ridge
  • High School: Westlake

Lot Info

  • Endangered Species: Unknown
  • Lot Features: Backs To Greenbelt, Cul-De-Sac, Curbs
  • Lot Size Area: 2.443
  • Surface Water: No
  • Topography: Level, Sloping
  • Type of Home Allowed: See Agent
  • Zoning: Yes
  • Parcel Number: 01253402130000
  • M A P S C O Grid: F
  • M A P S C O Page: 552

Tax Info

  • Actual Tax: 8467.00
  • Tax Block: A
  • Tax Lot: 17
  • Tax Rate: 1.68296000000000
  • Tax Amount: 8467.00
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Aug 17, 2020
Sold by
Kukkal Pankaj and Kukkal Neeru
Bought by
Lottman Myron and Lottman Pamela
Seller's Agent
Shawn Culhane
WSI Realty
Buyer's Agent
Emily Lottman
DEN Property Group
List Price
$749,900
Current Estimated Value
$4,030,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.07%

Purchase Details

Listed on
Oct 5, 2012
Closed on
Feb 11, 2013
Sold by
Schuh Mark R
Bought by
Kukkal Pankaj
Seller's Agent
Carl Shurr
Kuper Sotheby's Int'l Realty
Buyer's Agent
Carla Gerlich Clark
Fox Realty
List Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Oct 15, 2006
Sold by
Schuh Shana R
Bought by
Schuh Mark R

Purchase Details

Closed on
May 16, 2005
Sold by
Bee Cave Road Associates
Bought by
Schue Mark R and Schue Seana R
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
Lottman Myron -- Atc
Kukkal Pankaj -- Chicago Title
Schuh Mark R -- None Available
Schue Mark R -- Alamo Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lottman Myron $1,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2020 08/18/20 Sold -- -- --
06/18/2020 06/18/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $699,000 -6.8% --
02/25/2020 02/25/20 Price Changed $749,700 0.0% --
02/07/2020 02/07/20 Price Changed $749,800 0.0% --
01/23/2020 01/23/20 For Sale $749,900 +89.8% --
02/11/2013 02/11/13 Sold -- -- --
02/04/2013 02/04/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $395,000 -- --
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 $27,272 $3,623,841 $1,789,246 $1,834,595
2023 $19,673 $2,200,000 $0 $0
2022 $29,882 $2,000,000 $862,500 $1,137,500
2021 $8,104 $503,125 $503,125 $0
2020 $8,467 $503,125 $503,125 $0
2019 $8,742 $503,125 $503,125 $0
2018 $8,814 $503,125 $503,125 $0
2017 $8,955 $503,125 $503,125 $0
2016 $8,955 $503,125 $503,125 $0
2015 $7,098 $442,750 $442,750 $0
2014 $7,098 $379,500 $379,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 6820757

Unlock MLS (Austin Board of REALTORS®)

APN: 495281