STR Opportunity ~ Currently $1500/night, 3 night minimum, sleeps 16 adults and consistently rented. Furniture negotiable. Spectacular Lakefront Oasis on Lake Travis! Situated on 2.23 acres along the Hurst Creek Arm in the well-established Buffalo Gap community. Consisting of three lots, this sale offers a rare opportunity for possible development. Gorgeous tree-filled property with a full lakefront sports court, shady front and backyards, several outdoor living spaces, majestic landscaping, and a cascading waterfall. Positioned right on the water, this home comes with a private dock, 400 feet of frontage, and stairs to the water at all lake levels. Frontage is on the no wake, deep water cove, with a depth of 65’ during an average lake level of 681’. The existing home consists of the 2BD/2.5BA main house and a separate 1BD/1BA guest house. There is also a gated back entry with extensive parking, a two-car garage with two glass garage door bays, plus a workshop with two additional glass door bays overlooking the lake. The home features soaring vaulted & beamed ceilings, striking stone fireplaces in the living room and primary suite, sophisticated built-ins, plentiful storage, and a timeless gourmet kitchen with SS appliances. Incredible oversized primary suite with an ensuite bath, walk-in closets, and an attached lake-view office. Downstairs you will find a guest room, a large full bath, a wet room area, a storage room, and the workshop. The 1BD/1BA guest house comes with its own sweeping lake views and is close enough to the main house to be involved but separate enough to give guests a break when needed. Perfect for multi-generational living! This incredible lakefront estate showcases outdoor living at its finest with a deck that runs almost the length of the home overlooking the lake. Featuring lush grounds a pond, a grand lawn, towering mature shade trees. Excellent Lake Travis ISD Schools. Low Tax Rate (1.77). Convenient to both Austin and Lakeway.
Property Details
Price:
$4,000,000
MLS #:
9410818
Status:
Active
Beds:
3
Baths:
3.5
Address:
16421 Lake Loop
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Buffalo Gap
City:
Austin
Listed Date:
May 18, 2024
State:
TX
Finished Sq Ft:
4,178
ZIP:
78734
Lot Size:
96,978 sqft / 2.23 acres (approx)
Year Built:
1998
See this Listing
Mortgage Calculator
Schools
School District:
Lake Travis ISD
Elementary School:
Lake Travis
Middle School:
Hudson Bend
High School:
Lake Travis
Interior
Appliances
Built- In Oven(s), Dishwasher, Disposal, Electric Cooktop, Exhaust Fan, Cooktop Gas, Microwave, Double Oven, Refrigerator, Stainless Steel Appliance(s), Water Heater- Electric, Water Heater- Gas, Wine Refrigerator
Bathrooms
3 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
2
Flooring
Tile
Heating
Central
Exterior
Community Features
Lake, Park, Picnic Area, See Remarks
Exterior Features
Balcony, Boat Dock – Private, Uncovered Courtyard, Exterior Steps, Garden, Gutters Full, Lighting, Private Yard, Sport Court, See Remarks
Other Structures
See Remarks
Parking Features
Attached, Circular Driveway, Door- Multi, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Gated, Off Street, Outside, Workshop in Garage
Roof
Metal
Financial
Buyer Agent Compensation
3.000%
Taxes
$40,801
Map
Community
- Address16421 Lake Loop Austin TX
- CityAustin
- CountyTravis
- Zip Code78734
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16421 Lake Loop
Austin, TX
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