Lake Travis Waterfront Estate
- Austin, TX
- $4,495,000
ABOUT
An unrivaled opportunity awaits on the picturesque shores of Lake Travis. Tucked away on 3.35 sprawling acres, this legacy property offers a sanctuary of exclusivity and privacy with an impressive 300+ feet of prime, deep waterfront. Surrounded by mature native trees and the stunning limestone cliffs that define the landscape, this is a serene escape from the city's fast pace, yet just minutes from the conveniences of Austin.
This is only the third time this historic compound has been available in over 80 years, giving it a unique place in Austin's history. The property's rich past is felt throughout the grounds, which feature a meticulously restored and updated 1941 limestone cabin and a second historic home from the late 1800s, which was thoughtfully relocated from downtown Austin. These charming structures, along with a newly designed guest cottage and air-conditioned oversized two-car garage by Shiflet Group Architects, form an incredible family compound perfect for entertaining or relaxing with loved ones.
This offering presents a unique freedom rarely found in the Austin area. As the property is uniquely located within Travis County jurisdiction, you benefit from an incredibly low tax rate and the flexibility to bring your own vision to life. The sale includes exquisite architectural plans from two of the most renowned firms in the area: award-winning Lake Flato Architects and Shiflet Group Architects. These visionary plans for a custom 4,500-5,500+ sq. ft. home blend contemporary design with the natural environment, ensuring that your future estate will be a seamless extension of its breathtaking surroundings.
With the freedom to collaborate with these acclaimed architects, or to bring your own creative team, you can build a truly bespoke luxury residence. The property also includes a three-car renovated garage barn, providing a total of five covered parking spaces. This is more than a home; it's a rare chance to build a private, multi-generational retreat in one of the most sought-after locations in Central Texas.
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Explore
Lake Travis, the largest reservoir in Texas' Highland Lakes chain, boasts a surface area of 29.58 square miles and over 271 miles of shoreline. Created in 1940 by the Mansfield Dam for flood control and to supply Austin's water needs, it also serves as a regional electricity generator. This central Texas gem is renowned for its clear blue waters, scenic rolling hills, and limestone cliffs, making it a hotspot for real estate and recreation including boating, fishing, swimming, and hiking.
From multiple parks for picnicking and sunbathing to a range of marinas offering diverse boat rentals, Lake Travis is an outdoor enthusiast's dream. Whether you're in search of a tranquil day on the water or an action-packed weekend, Lake Travis real estate offers a variety of opportunities to live in proximity to these amenities.
Living and Recreation in Lake Travis
Lake Travis is a hub for outdoor recreation and waterfront living, making it a sought-after destination for real estate investment. Popular for boating, fishing, and a variety of water sports, the area is dotted with marinas and boat rental services for easy access to the water. Fishing enthusiasts will find largemouth bass, white bass, and catfish, with several fishing guides and charters available. The shoreline is also home to multiple parks like Emma Long Metropolitan Park and Pace Bend Park, featuring amenities such as beaches, trails, and picnic areas, adding value to Lake Travis real estate.
For those seeking a more leisurely lifestyle, Lake Travis doesn't disappoint. Nearby wineries and breweries offer a relaxing way to enjoy the scenic beauty, while a range of lakeside restaurants provide options from casual to fine dining. Other activities enhancing the area's real estate appeal include stand-up paddleboarding, kayaking, jet skiing, parasailing, scuba diving, and ziplining. Whether you're looking for an adventurous waterfront home or a tranquil retreat, Lake Travis has something for everyone.
Lake Travis Shopping Destinations
Lake Travis offers diverse shopping experiences, making it a dynamic location for real estate seekers who value both convenience and variety. The Oasis Texas Lakeside Outdoor Mall stands out as a go-to destination, boasting a waterfront location where patrons can indulge in picturesque views of Lake Travis while shopping at trendy boutiques and dining at select restaurants. For those seeking an expansive shopping experience, the Hill Country Galleria presents a mix of department stores, specialty shops, dining options, a movie theater, and even an ice skating rink. Beyond these malls, Lake Travis is home to unique boutiques like Adorn Boutique, Hill Country Cakery, and Farmer Dave's Farm Market, among others, as well as the charming Lakeway Village Square with its diverse range of shops and galleries. Investing in Lake Travis real estate not only provides scenic beauty but also places residents within reach of vibrant retail hubs.
Lake Travis School Overview
The Lake Travis Independent School District (LTISD) encompasses the educational heart of the Lake Travis area, boasting a reputation for academic distinction. With 11 institutions, including the nationally-ranked Lake Travis High School, students benefit from advanced coursework options like AP and IB, strong performing arts programs, and diverse athletic opportunities. Beyond LTISD, the Lake Travis vicinity is enriched by several sought-after private schools, including St. Andrew's Episcopal, Lake Travis Montessori, and The Oakwood School. Those considering real estate in the Lake Travis area are investing in a vibrant educational landscape, promising exceptional academic and extracurricular offerings for students.
Navigating Lake Travis Real Estate
In the scenic locale of Lake Travis, the real estate market thrives, shaped by its unique blend of natural attractions and a competitive housing landscape. As of August 2023, homes in Lake Travis have seen rapid turnovers, with a median sale price of $1.5M and an average market time of just 13 days. This competitiveness arises from Lake Travis being a magnet for tourists and second-home buyers coupled with its limited housing inventory, thanks to its surrounding mountains and public lands restricting development. Despite the competition, potential buyers, equipped with a mortgage pre-approval and collaboration with a seasoned real estate agent, can find rewarding opportunities. An expert realtor not only provides insights tailored to individual budgets and preferences but also aids in timely decision-making, a crucial aspect in Lake Travis's fast-paced market. For those considering buying or selling in Lake Travis, partnering with Eric Copper can pave the way for a successful real estate journey.
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Eric Copper provides exclusive access to luxury real estate across Austin, London, and Switzerland. With over 20 years of expertise, he delivers premier service, market insight, and discretion to high-net-worth clients worldwide.
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