6005 KRAUSE LN, Austin TX 78738

Austin, TX 78738 | Spanish Oaks

Ed's Opinion of Value

$4,973,550 Ed's Estimate: $5,699,764 $7,703,917
Lowest Comp Recommended List: $5,557,000 to $6,754,000 Highest Comp
Based on 7 closed sales in SPANISH OAKS, the data points to a value around $5,699,764 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $5,557,000 to $6,754,000. This would position the home competitively among 0 active listings in SPANISH OAKS. The larger floor plan (6,852 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 7 minus 1 of the comps had one. Market data shows SPANISH OAKS prices fallen 6.3% over the last half year. The closest comparable sale, 5609 Laceback TER, Austin TX 78738 at an adjusted $7,703,917, is with a smaller floor plan and no pool. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
7 Beds
11 Baths 7 Full, 4 Half
12,856 Sq Ft
3.642 Acres
2010 Built
4 Garage

About This Property

An incredible opportunity; the most sought-after property in one of the most desirable neighborhoods in all of Austin. 3.6+ stunning acres in Spanish Oaks overlooks the Barton Creek Greenbelt with uninterrupted rolling green hills stretching as far as the eye can see with a glimpse of the creek at the bottom of the valley. Rivaling any Hill Country resort, this property provides endless opportunities to relax, play and entertain. Imagine hosting hundreds across the vast lawn towards the amphitheater for the evening’s entertainment. Family fun can include splashing in the two-level pool, a game of bocce ball, apple- or pear-picking in the fruit tree grove, or a playdate in the three-level playhouse. Evening meals can be cooked up in the summer kitchen and enjoyed on a one of a kind patio overlooking the breathtaking view.

Equally impressive, the expansive interior includes exceptional entertaining areas as well as private retreats. The main floor features a formal living and dining room, sunken lounge area with bar, a theater-style media room and an oversized open kitchen where guests can mingle and chat. A catering kitchen, prep kitchen, and large pantry offer plenty of room to prepare for events. The luxurious primary suite is a relaxing retreat; encased in travertine and mosaic tile, the bathing suite enjoys two separate sink and water closets areas, a soaking tub niche with a fireplace and television, an oversized walk-in shower and his-and-hers closets with laundry.

Upstairs hosts more space for informal entertaining and family fun. Three en-suite bedrooms share access to a large game room with bar and balcony, separate play room, an exercise room plus a bunk room with four beds for guests. Additional luxuries you will appreciate include an elevator, a golf simulator, two offices, a main-floor guest suite, a separate two-bedroom guest casita with a full kitchen and living area, four garages, a dog run, and stage hookups for the amphitheater.

Property Highlights

Pool Outdoor Pool, Waterfall

Features

  • Bar
  • Chandelier
  • Elevator
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Lake Travis ISD
Elementary Lake Pointe
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Stone, Tile, Wood
Cooling Central Air
Heating Central, Propane
Exterior Balcony, CCTYD, Uncovered Courtyard, Dog Run, Outdoor Grill, Playground, Private Yard
County Travis
MLS # 2409457
Garage 4 spaces

HOA & Community

HOA Fee $1,100 /Quarterly
HOA Includes Common Area Maintenance, Landscaping, Security

Tax Information

Annual Taxes (MLS) $62,265 (2021)

Listing History

MLS# 2409457 11 days
Nov 22, 2021 Off Market
Nov 4, 2021 Listed $8,650,000

Frequently Asked Questions About 6005 KRAUSE LN, Austin TX 78738

When was 6005 KRAUSE LN, Austin TX 78738 built?

6005 KRAUSE LN, Austin TX 78738 was built in 2010.

How much does 6005 KRAUSE LN, Austin TX 78738 cost?

6005 KRAUSE LN, Austin TX 78738 sold on November 22, 2021. Contact us for sale price details.

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