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$5,000,000

Beds
3
Baths
3.0
sq ft
3,399

1500 Buffalo Gap Rd, Austin, TX 78734

1500 Buffalo Gap Rd

Austin, TX 78734

  • 149 days on market
The Modern Oasis of Lake Travis! If it's an escape that your traveled soul seeks, look no further than The Modern Oasis of Lake Travis. This marvel of engineering with locally sourced construction, and high-end crafted materials - such as wood & stone - embarks on a never before seen journey along the lakeshores of Lake Travis. Nestled on an overhanging lot, the home is embraced by wild and manicured foliage to create an outside oasis that blends harmoniously. Vast and humbling views of Lake Travis await you through soaring glass windows extending along the back of the home. Unparalleled charm and sophistication hallmark this one-of-a-kind Dick Clark home, featuring over 3,300 sqft. of interior space. One will find the lines of nature and domestication pleasantly blurred. The home is well-planned, modernly inspired, and built to capture the essence of lake living. The ultimate expression of modern refinement, the open floor plan seamlessly incorporates the kitchen, dining, and living. You will also find guest quarters with a separate entrance, ensuite bath, office nook, and a foyer that will delight you! The three-car garage cannot be missed either, a rarity in itself! This exclusive residence enjoys the best sunset views year-round, which can truly be enjoyed from the primary bedroom. The primary wing is situated for privacy, allowing for relaxation and disconnection. Walk directly out to your tranquil deck and infinity edge pool to enjoy Lake Travis's beauty and all it has to offer. You will find additional guest accommodations, pool bathroom, storage, outdoor kitchen, and firepit, all within reach! This is an exceptional opportunity to own one of the few modern homes built on Lake Travis with a new boat dock, negative edge pool, firepit circle and tram! Create your own story and live the ultimate life at The Modern Oasis of Lake Travis!

Details

Property type

Single Family Residence

Est. home value

$1,699,123

Lot size

0.6578 acres

Price per sq ft

$1,472

Year built

2010

Annual property taxes

$23,732.8

HOA

No

Price History

04/22/2024
Austin

Austin #5179227

Listed
$5,000,000

Schools & Community

Elementary school: 

Lake Travis

Middle school: 

Hudson Bend

High school: 

Lake Travis

Community features: 

Lake, Park, Playground, Pool

High school district: 

Lake Travis ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$3,677,124
Asking price
$5,000,000
Closing costs (~8% of asking)
-$400,000
Est. remaining loan balance
-$922,876
Cash to seller
$3,677,124

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

March 2021

Original loan amount

$999,999

Est. remaining balance

$922,876

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Tracey Lee Mills

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 09/18/2024 at 8:40 PM

Listing updated: 09/10/2024 at 3:34 PM

Listed by: Ryan Rogers, Douglas Elliman Real Estate Phone #: (512) 866-3795

MLS: Austin #5179227

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