Lake Travis Waterfront Estate
- Austin, TX
- $4,495,000
ABOUT
Offering exclusivity, privacy, and 300+ feet of prime DEEP waterfront, this picturesque 3.35-acre oasis tucked away on the limestone shores of Lake Travis is surrounded by large native trees. It is a serene escape from the hustle and bustle and yet within minutes of all the conveniences we expect in our everyday lives. Whether you seek tranquility or a haven for entertaining, this Lake Travis waterfront property offers an unrivaled lifestyle that will delight the most discerning. Only the third time available on the market in over 80 years, this property boasts a unique placeholder in Austin history.
Shiflet Group Architects was commissioned to design the newest guest cottage and air-conditioned oversized two-car garage built in the mid-2000s. Together with the original limestone cabin, a second historic home from the late 1800s relocated from downtown Austin, and the 3-car garage/barn, these structures create a compound that continues to serve as a gathering place for friends and family to celebrate special occasions, relax, unwind, and live with abandon.
Uniquely located within the jurisdiction of Travis County brings an incredibly LOW TAX rate and the unparalleled flexibility and freedom to custom-build your home using the architectural plans by award-winning Lake Flato Architects (will convey), renowned for their expertise in blending contemporary design with the natural environment. Collaborate with their visionary team to tailor the plans and bring your vision to life ensuring that every detail reflects your discerning taste and desire for uncompromising luxury. Shiflet Group Architects have also commissioned architectural plans.
Both plans call for an approximately 4,500 - 5,500 sq. ft custom home, but a much larger home could be built if desired. Continue with one of these architects or bring your own creative vision knowing that you have the freedom and flexibility to build your own compound as you prefer as it resides within Travis County jurisdiction.
HISTORICAL BACKGROUND
Circa 1936, the Colliers created ten tracts along what was then the Colorado River. A group of Austin physicians learned of these tracts and, combined with their knowledge that Lake Travis would result from Mansfield Dam being built, bought the tracts because of their special location: flat building sites, deep water, significant height above the 714 spillway, and long sunset views.
The current plat encompasses two of the ten Collier tracts totaling 3.35 acres, which two families separately purchased in January 1938. One family built a quintessential Lake Travis limestone cabin that has been lovingly restored and updated without compromising the nostalgic elements that create great character and charm. The other family relocated a historic home from near 3rd and Nueces in downtown Austin to the property along what were dirt roads more than 80 years ago. Memorabilia from the families has been woven into the current interior design of the cabin and home including the wooden "guest log" and photos that evidence the many good times shared by family and guests from across the United States.
ADDITIONAL INFO
The property is fully fenced and has two combined tracts of land totaling 3.35 acres. It may be subdivided, however, the property is best suited for HNW individuals desiring privacy and the ability to build a custom home with multiple other structures.
Architectural plans from Flato and Shiflet will be conveyed
Three single-family structures are currently on the property:
A 3-car renovated garage barn is also on the property offering a total of 5 covered parking spaces.
Total Bedrooms
Total Bathrooms
Lot Size
Garage Spaces
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 is a proud member of the prestigious and exclusive Certified International Property Specialists, Elite 25, and Platinum Top 50 organizations.
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