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$3,198,764Estimated home value

Beds
5
Baths
7.0
sq ft
6,143

8011 Lake Mountain Ln, Leander, TX 78641

8011 Lake Mountain Ln

Leander, TX 78641

  • Off market
    • Price drop $76,900↓
This unique Texas Hill Country home is situated on a breathtaking 2.075-acre property and offers stunning panoramic views of Lake Travis! The picturesque setting is perfect for those who appreciate the beauty of nature - all while being less than 30 minutes from Austin. The home features multiple outdoor living patios, allowing residents to enjoy the expansive views and relax while taking in the surrounding scenery. The sunset views from these outdoor spaces are particularly breathtaking, providing a serene and captivating experience. Inside the house, there are five spacious bedrooms and nine gorgeous bathrooms, offering ample space for comfortable living. The primary en-suite is designed with extravagance in mind, providing a luxurious retreat within the home. Featuring a garden tub overlooking a private courtyard, steam shower, and two large primary closets and mirrored dressing room. The attention to detail in the design and finishes enhances the overall experience - as if you’re in your very own spa! For entertainment purposes, the home includes a huge media room and bar, complete with Nuvo audio system and control panels throughout the house and outdoor living spaces - perfect for movie nights or hosting gatherings. Additionally, the custom-built three-car detached garage has been converted into a spacious entertaining area, complete with a kitchenette and a half bath. This versatile space can be used for various purposes, accommodating the needs of the homeowners and their guests. One of the highlights of the property is the outdoor pool and spa - offering multiple sunbathing areas, fire pit, outdoor kitchen and seating - allowing residents to relax and enjoy the beauty of their surroundings. Close proximity to large acreage preserve that limits future building in the immediate area, as well as Volente Beach and the longest zipline in Texas and Riviera Marina right across the street - you won’t want to miss this remarkable property!

Details

Property type

Single Family Residence

Est. home value

$3,198,764

Lot size

2.075 acres

Price per sq ft

$521

Year built

2008

Annual property taxes

$35,105

Price History

08/01/2024
Austin

Austin #5262449

Removed
07/10/2024
Austin

Austin #5262449

Price change
$3,199,000
-2.35%
05/30/2024
Austin

Austin #5262449

Price change
$3,275,900
-3.65%

Schools & Community

Elementary school: 

Grandview Hills

Middle school: 

Four Points

High school: 

Vandegrift

Community features: 

None

High school district: 

Leander 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

$2,185,909
Asking price
$3,199,000
Closing costs (~8% of asking)
-$255,920
Est. remaining loan balance
-$757,171
Cash to seller
$2,185,909

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

Seller’s Loan History

Lender

Homeowners Financial Group Usa Llc

Loan start date

December 2020

Original loan amount

$948,670

Est. remaining balance

$757,171

Interest rate

2.35%

Loan type

New Conventional, 16 year

Seller

Mark Russell and Barbara Dee Russell

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?

Status: Off Market

Tomo last checked: 09/07/2024 at 10:25 PM

Listing updated: 07/29/2024 at 11:43 AM

Listed by: Melissa Sheriff, CRI Real Estate Service Phone #: (469) 568-5900

MLS: Austin #5262449

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