11949 Escarpment BLVD, Austin TX 78739

Austin, TX 78739 | See Legal Description

Ed's Opinion of Value

$798,150 Ed's Estimate: $1,290,497 $1,595,000
Lowest Comp Recommended List: $1,265,000 to $1,316,000 Highest Comp

Listing History

$4,900,000 List Price
$1,140,101 Comp Value
1 Price Reductions

This property was listed at $4,900,000 and withdrawn after 101 days on market. The price was reduced from $5,800,000 to $4,900,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in SEE LEGAL DESCRIPTION points to a value of approximately $1,290,497. To sell within a reasonable timeframe at fair market value, the $1,265,000 to $1,316,000 range is where I'd position this. With 7 comparable homes on the market in SEE LEGAL DESCRIPTION, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (1,686 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths 5 Full
4,529 Sq Ft
20.59 Acres
2000 Built
6 Garage

About This Property

Location and Privacy! Truly one of Austin's finest gated estates located in South Austin, just 20 mins from Austin-Bergstrom Int’l Airport and 12 mins to Lady Bird Lake (Town Lake). This 20.59 acre private retreat is anchored by the primary residence, which overlooks the pool and a beautiful meadow. The home is ideally placed on the property, with the guest house & the recreation/conference center nearby. Other improvements include a newly constructed 1,040sf storage/RV/party barn, a greenhouse, a raised-bed garden, a garden shed and a small fruit orchard. The property is fully fenced with two separate gated stone entrances. The home features a gourmet kitchen, a spacious office, three fireplaces, two courtyards and two covered patios for entertaining or relaxing. The guesthouse consists of two private casitas, each complete with a private patio, fireplace, kitchenette, bedroom with sitting area and a large bathroom. The two-story recreation/conference center’s sq footage of 1,723sf is in addition to the 4,529sf of the home and guesthouse. This multi-purpose center adds two more bedrooms to the property (one is an ideal workout/yoga room) and also offers a large game/meeting room, a commercial kitchen, two full bathrooms, two powder rooms and houses four extended garage spaces. There are three water sources on the property... irrigation is provided by well water and rainwater collection, while public water is available for all other needs. This estate is located near several of Austin's highly acclaimed private schools & within minutes to some of central Texas' best golf courses and hike/bike trails. Plenty of room for future improvements such as a helipad, training facilities, horse facilities & more. The property is located outside the City of Austin, in Travis County. It is in Austin's Extraterritorial Jurisdiction and, is not zoned or deed restricted. More info at https://www.seetheproperty.com/u/369994

Property Highlights

Pool In Ground

Features

  • Bookcases
  • Breakfast Bar
  • Cedar Closet(s)
  • Beamed Ceilings
  • High Ceilings
  • Granite Counters
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Entrance Foyer
  • French Doors
  • Multiple Dining Areas
  • Multiple Living Areas
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Bear Creek
Middle School Gorzycki
High School Bowie

Property Details

Property Type Commercial Sale
Flooring Carpet, Laminate, Stone, Tile, Wood
Cooling Central Air
Heating Central, Heat Pump, Propane
Exterior Uncovered Courtyard, Electric Car Plug-in, Garden, Gutters Full, No Exterior Steps, Private Entrance, Private Yard, Restricted Access, See Remarks
County Travis
MLS # 3550040

Parking

Garage 6 spaces

Tax Information

Annual Taxes $22,047 (2020)

Listing History

MLS# 2713113 110 days
Jun 4, 2021 Off Market
Jan 4, 2021 Listed $5,800,000

Frequently Asked Questions About 11949 Escarpment BLVD, Austin TX 78739

When was 11949 Escarpment BLVD, Austin TX 78739 built?

11949 Escarpment BLVD, Austin TX 78739 was built in 2000.

How much does 11949 Escarpment BLVD, Austin TX 78739 cost?

11949 Escarpment BLVD, Austin TX 78739 is currently off market.

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