$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 reportedmedian 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-sqftproperty 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.
This Lake Travis estate even comes with its own marina. | Gif via Austin Luxury Group YouTube
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
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.”
Use the buttons below to share this real estate news with a friend who enjoys local luxury digs.
Music in the Garden | Thurs., June 23 | 5:30-7:30 p.m. | Zilker Botanical Garden | Free with admission | Enjoy live music from Natalie Price at the Mabel Davis Rose Garden. 🌺
Friday
Sons of Mystro & SaulPaul | Fri., June 24 | 8 p.m. | The 04 Center | $10+ | You won’t want to miss the violin duo performing reggae classics.
Professor Brian Cox: Horizons | Fri., June 24 | 8 p.m. | The Paramount Theatre | $54+ | This world-renowned physicist will bring an immersive experience like no other. 💫
Saturday
Austin Flea Pride Party | Sat., June 25 | 12-6 p.m. | Still Austin Whiskey Co. | Free | Shop local vendors + enjoy drag performances, Drag Bingo, live music, and a special drink to benefit Equality Texas.
Summer Solstice Festival | Sat., June 25 | 4 p.m.-7 p.m. | The Arboretum | Free | Celebrate the start of summer at this festival featuring live music + vendors – located at the Game Court Area. ☀️
We have amonthly guide filled with events + activities you can plan for in advance. Click the button below to bookmark ideas for upcoming date nights, family outings, and time with friends.
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) 🎆
Real Estate
Home hunting? Estimate your monthly mortgage payment (including taxes and insurance) with MortgageATX’s mortgage calculator. Just enter the price of the home, your down payment, and details about the home loan to calculate your payment breakdown, schedule + more.*
A pet message from our sponsor
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If you’re already thinking about Texas football, you aren’t the only one. Your first chance to see the Longhorns play will be on Sat., Sept. 3 at DKR against University of Louisiana Monroe.
View the football schedule + keep up with the UT athletics program here. Hook ‘em, y’all. 🤘
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Editor’s pick: I’m on the hunt to discover snacks made right here in Austin. This summer, I plan on trying locally made Grandma’s Humus. Do you have any local snacks that you just love? If so, share them with me here.
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