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$1,590,000

Beds
4
Baths
5.0
sq ft
3,339

818 Mariner, Lakeway, TX 78734

818 Mariner

Lakeway, TX 78734

  • <1 day on market
Astronaut Alan Shepard’s historical landmark home in Lakeway is available to the market! One of the original Mercury 7 astronauts and the first American launched into space in 1961 later commanded the Apollo 14 moon mission in 1971 becoming the only Mercury astronaut to reach the moon. He hand-picked this lot on a rocky promontory 140 feet above Lake Travis on the main basin across from Point Venture. In 1967, Commander Shepard built this 3,339 square foot property which includes an 85-foot back deck with sweeping views of the skies, hill country and lake. All four bedrooms offer ensuite baths located on the main level with a game room, large storage closet and a fifth full bath including a sauna on the lower terrace. Renovations over the years include upgrades to the kitchen and bathrooms in 2010. A pool was added shortly after and the current owners have further upgraded the home with hardwood floors throughout and all new windows. All 8 sliding patio doors were replaced and the A/C ductwork was replaced and rerouted along with a complete insulation package enhancing efficiency. Along with the lake being the main focal point in the living room, a large wood burning stone fireplace offers warmth and comfort. Within the two-car garage is a closed off work room with a built-in storage system. In addition to great shopping, restaurants and golf courses close by, the community benefits from no HOA fees and a low tax rate of 1.7%. 818 Mariner provides a piece of American history while enjoying breath taking starry sky views and Lake Travis.

Details

Property type

Single Family Residence

Est. home value

$1,821,584

Lot size

0.2984 acres

Price per sq ft

$477

Year built

1966

Annual property taxes

$13,316.59

HOA

No

Price History

02/21/2025
Austin

Austin #7523898

Listed
$1,590,000
09/03/2024
Austin

Austin #3865153

Removed
04/19/2024
Austin

Austin #3865153

Price change
$1,599,000
-3.09%

Schools & Community

Elementary school: 

Serene Hills

Middle school: 

Lake Travis

High school: 

Lake Travis

Community features: 

Clubhouse, Fishing, Fitness Center, Golf, Lake, Playground, Pool, Restaurant, Suburban, Tennis Court(s)

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

$1,248,190
Asking price
$1,590,000
Closing costs (~8% of asking)
-$127,200
Est. remaining loan balance
-$214,610
Cash to seller
$1,248,190

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

Seller’s Loan History

Lender

Guaranty Bank & Trust

Loan start date

September 2017

Original loan amount

$380,000

Est. remaining balance

$214,610

Interest rate

3.18%

Loan type

New Conventional, 15 year

Seller

Charles Borrell and Jane Borrell

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: Active

Tomo last checked: 02/22/2025 at 6:55 AM

Listing updated: 02/22/2025 at 4:08 AM

Listed by: Jonathan Creath, Kuper Sotheby's Int'l Realty Phone #: (512) 261-0008

MLS: Austin #7523898

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