$45 million. That’s the price tag of one of the most expensive homes in Texas. Guess what? It’s located right here in Austin.
To put that price into perspective, the most recently reported median sales price for a home in the City of Austin was $667,000, and this estate costs ~68 times more. According to Realtor.com, in 2013 the home was listed at $14.5 million, which makes the current listing $30.5 million more.
The ~15,400-sqft property named "Villa Del Lago," which translates to “lake villa,” was the most expensive house for sale in the Lone Star State until a $60 million “European Chateau-inspired” estate hit the market in Houston last month. Currently listed by Austin Luxury Group, this mansion was built in 2004 by Sendero Homes, an Austin-based company.
To name a few local properties, the real estate company has sold a $25 million equestrian ranch, a $14.9 million compound “surrounded by 400 acres of protected land,” and a custom $12.9 million waterfront estate.
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This Lake Travis estate even comes with its own marina. | Gif via Austin Luxury Group YouTube |
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In addition to six bedrooms, nine full baths, and four half baths, this 26-acre estate overlooking Lake Travis features: - Waterfalls
- Wine cellar
- Five-car garage
- Marina with two boat slips + jet skis
- Private guest quarters
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Home theater
- Library
- Indoor basketball gym
- Event pavilion with a full catering kitchen
- Two private gated entrances
The estate also features an infinity pool and “fenced pastures for exotics.”
Wait… there’s more. There’s even a secret stairwell that leads to a safe room with hidden wiring + a ventilation system. Guess the secret’s out?
This Lake Travis estate is located at 12400 Cedar St. in northwest Austin. Take a look at the property listing here.
Note: Zillow and Realtor.com lists this home as “off market,” and Compass lists its status as “coming soon.” The current listing page with Austin Luxury Group lists its status as “for sale.” |
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Biz -
Million Air, a privately held aviation company, has filed a site plan with the City of Austin for a new phase of expansion at Austin-Bergstrom International Airport. Earlier this year, the company announced its plans to invest $40 million at the airport. ✈️ (Austin Business Journal)
- Self Financial, an Austin-based tech company focused on helping people build credit, is the new jersey sponsor for the San Antonio Spurs. The basketball team will debut the jerseys during the 2022 NBA Summer League in Las Vegas. Financial terms of the deal were not released to the public. (Austin Business Journal)
Opening -
We Are Blood, Central Texas' nonprofit blood bank, has a new Cedar Park donation site in order to help meet the growing need for blood. In Central Texas, the call for platelets has increased by 41% in five years. (Austin American-Statesman)
Ranked -
Texas is the No. 3 best road trip destination this summer, according to a new WalletHub report. Ranking factors included price of camping, scenic byways, and average cost of car repairs. Sounds like we’re in the perfect place to “hit the road” this summer. 🚗
Announced -
Mark your calendars, Austin — Red River Cultural District announced the return of Hot Summer Nights. Enjoy three nights of free live music from Thurs., Aug. 4 until Sat., Aug. 6. 🎶
Closing
- St. David’s will close its emergency facility in Cedar Park on Fri., June 24. The services provided at this facility will be consolidated at St. David’s Round Rock Medical Center. (KXAN)
Community -
Tarrytown Neighborhood Park is holding an on-site Community Engagement Event for its playscape replacement project on Sat., June 25. The event will help to decide the playground’s future + new play equipment.
DYK - Did you know Travis County’s Tax Office headquarters has moved to 2433 Ridgepoint Dr., which is the Nelda Wells Spears Building? Check wait times + make an appointment here.
Civic -
Travis County is under a burn ban — while that doesn’t restrict firework sales and usage, fireworks are still illegal within Austin city limits. See how you can safely participate in Fourth of July festivities in Austin + neighboring cities. (KXAN) 🎆
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