STR Opportunity ~ Currently $1500/night, 3 night minimum, sleeps 16 adults and consistently rented. Furniture negotiable. Spectacular Lakefront Oasis on Lake Travis! Situated on 2.23 acres along the Hurst Creek Arm in the well-established Buffalo Gap community. Consisting of three lots, this sale offers a rare opportunity for possible development. Gorgeous tree-filled property with a full lakefront sports court, shady front and backyards, several outdoor living spaces, majestic landscaping, and a cascading waterfall. Positioned right on the water, this home comes with a private dock, 400 feet of frontage, and stairs to the water at all lake levels. Frontage is on the no wake, deep water cove, with a depth of 65’ during an average lake level of 681’. The existing home consists of the 2BD/2.5BA main house and a separate 1BD/1BA guest house. There is also a gated back entry with extensive parking, a two-car garage with two glass garage door bays, plus a workshop with two additional glass door bays overlooking the lake. The home features soaring vaulted & beamed ceilings, striking stone fireplaces in the living room and primary suite, sophisticated built-ins, plentiful storage, and a timeless gourmet kitchen with SS appliances. Incredible oversized primary suite with an ensuite bath, walk-in closets, and an attached lake-view office. Downstairs you will find a guest room, a large full bath, a wet room area, a storage room, and the workshop. The 1BD/1BA guest house comes with its own sweeping lake views and is close enough to the main house to be involved but separate enough to give guests a break when needed. Perfect for multi-generational living! This incredible lakefront estate showcases outdoor living at its finest with a deck that runs almost the length of the home overlooking the lake. Featuring lush grounds a pond, a grand lawn, towering mature shade trees. Excellent Lake Travis ISD Schools. Low Tax Rate (1.77). Convenient to both Austin and Lakeway.
Property Details
Property Features
Property Information:
Year Built: 1998
Stories: 2
Living Area: 4,178 SqFt
Listing Office:
Office Name: Compass RE Texas, LLC
Office Phone: (512) 575-3644
Listing Agent: Sherry Hendrickson
Interior Features
Interior Information:
Appliances: Oven, Double Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wine Cooler
Flooring Type: Tile
Interior: Beamed Ceilings, Breakfast Bar, Bookcases, Built-in Features, Open Beams/Beamed Ceailings, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Interior Steps, Main Level Primary, Recessed Lighting, Storage, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
Fireplace: Living Room, Primary Bedroom, Wood Burning
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Private Pool: No
Waterfront: Lake Front
View: Lake, Panoramic, Trees/Woods
Exterior: Balcony, Dock, Exterior Steps, Garden, Lighting, Private Yard, Rain Gutters, Sport Court, See Remarks, Uncovered Courtyard
Parking Information:
Garage Space: 2 spaces
Parking: Attached, Circular Driveway, Door-Multi, Driveway, Garage, Garage Door Opener, Gated, Off Street, Outside, Garage Faces Rear, Workshop in Garage
Lot Features
Lot Information:
Lot: Back Yard, Sloped Down, Front Yard, Landscaped, Many Trees, Sprinklers, See Remarks, Views
Lot Size: 2.23 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
School Info
Assigned Schools Information:
Lake Travis High School, Public District Grades 9-12
Hudson Bend Middle School, Public District Grades 6-8
Lake Travis Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: From westbound RM 2222, turn left onto N FM 620/Ranch Rd 620 N. Turn right onto Stewart Rd. Turn right onto Buffalo Gap Rd. Turn left onto Lake Loop. Home will be on the right.
Price Information
Listing Price Info
Price Summary:
List Price: $4,000,000
Price Per SqFt: $957/SqFt
Tax Information:
Annual Amount: $29,788
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Austin, TX.
This property is $3.4M more than the Median Sold Price and $647/SqFt more than other homes in Austin, TX.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ACTRIS
MLS Number: #9410818
Listing Office:
Office Name: Compass RE Texas, LLC
Office Phone: (512) 575-3644
Listing Agent: Sherry Hendrickson
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.
Listings courtesy of Unlock MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 7:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$29,788
$1,592,730
2019
$31,412
$1,592,730
2018
$34,416
$1,592,730
2017
$28,084
$1,699,252
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Lake Travis Elementary School
15303 Kollmeyer Dr
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Middle School
5
/10
Hudson Bend Middle School
15600 Lariat Trl
Distance between this listing and this school1.48 miles
Public District Grades 6-8
High School
6
/10
Lake Travis High School
3324 Ranch Road 620 S
Distance between this listing and this school3.87 miles
Public District Grades 9-12
Assigned Schools
3
/10
Lake Travis Elementary School
15303 Kollmeyer Dr
Distance between this listing and this school1.16 miles
Public District Grades PK-5
Nearby Schools
8
/10
Lakeway Elementary School
1701 Lohmans Crossing Rd
Distance between this listing and this school2.36 miles
Public District Grades PK-5
8
/10
Serene Hills Elementary School
3301 Serene Hills Dr
Distance between this listing and this school3.31 miles
Public District Grades PK-5
Assigned Schools
5
/10
Hudson Bend Middle School
15600 Lariat Trl
Distance between this listing and this school1.48 miles
Public District Grades 6-8
Nearby Schools
8
/10
Canyon Ridge Middle School
12601 Country Trails Ln
Distance between this listing and this school3.53 miles
Public District Grades 6-8
8
/10
Lake Travis Middle School
3328 Ranch Road 620 S
Distance between this listing and this school3.87 miles
Public District Grades 6-8
Assigned Schools
6
/10
Lake Travis High School
3324 Ranch Road 620 S
Distance between this listing and this school3.87 miles
Public District Grades 9-12
Nearby Schools
5
/10
Lago Vista High School
8039 Bar K Ranch Rd
Distance between this listing and this school6.80 miles
Public District Grades 9-12
7
/10
Vandergrift High School
9500 Mcneil Dr
Distance between this listing and this school8.04 miles
The neighbors living near this home have an average income of $90,952. The majority of Austin, TX residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16421 Lake Loop
What is the listing price of this property?
The listing price of 16421 Lake Loop property is $4,000,000.
What type of property is this?
The property 16421 Lake Loop is a house located in Austin, Texas, 78734.
Is this property for sale now?
Active Listing: 16421 Lake Loop is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 16421 Lake Loop are: Lake Travis Elementary School: GreatSchools Rating 3/10Hudson Bend Middle School: GreatSchools Rating 5/10Lake Travis High School: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $29,788 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 16421 Lake Loop has 3 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 16421 Lake Loop is 4,178 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16421 Lake Loop is 1998.
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This home is located at 16421 Lake Loop in Austin, TX and zip code 78734 in the Buffalo Gap neighborhood. This 4,178 square foot home, which was built in 1998, sits on a 2.23 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $4,000,000.
While more than 180 listings in Austin, TX in May 2024 were sold above asking price, there were more than 169 listings sold at asking price, and more than 585 were sold below. Between April 2024 and May 2024, Austin, TX real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in May 2024 was 42 days, the median list price was $568,618.
From Rocket Homes Real Estate and based on county public records data.