14 days on rocket

16421 Lake Loop, Austin, TX, 78734

$4,000,000

3 Bedrooms
3 Full Baths, 1 Partial
4,178 SqFt
$957/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Circular Driveway, Door-Multi, Driveway, Garage, Garage Door Opener, Gated, Off Street, Outside, Garage Faces Rear, Workshop in Garage
Garage2 spaces
Year Built1998
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
FireplaceLiving Room, Primary Bedroom, Wood Burning
ViewLake, Panoramic, Trees/Woods
MLS #9410818
Lot Size2.23 Acres
StatusActive

About 16421 Lake Loop

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

Property Features

Property Information:

  • Year Built: 1998
  • Stories: 2
  • Living Area: 4,178 SqFt

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Sherry Hendrickson

Interior Features

Interior Information:

  • Appliances: Oven, Double Oven, Dishwasher, Electric Cooktop, Exhaust Fan, Electric Water Heater, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wine Cooler
  • Flooring Type: Tile
  • Interior: Beamed Ceilings, Breakfast Bar, Bookcases, Built-in Features, Open Beams/Beamed Ceailings, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, High Ceilings, Interior Steps, Main Level Primary, Recessed Lighting, Storage, Soaking Tub, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Living Room, Primary Bedroom, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front
  • View: Lake, Panoramic, Trees/Woods
  • Exterior: Balcony, Dock, Exterior Steps, Garden, Lighting, Private Yard, Rain Gutters, Sport Court, See Remarks, Uncovered Courtyard

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Attached, Circular Driveway, Door-Multi, Driveway, Garage, Garage Door Opener, Gated, Off Street, Outside, Garage Faces Rear, Workshop in Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Sloped Down, Front Yard, Landscaped, Many Trees, Sprinklers, See Remarks, Views
  • Lot Size: 2.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Travis High School, Public District Grades 9-12
  • Hudson Bend Middle School, Public District Grades 6-8
  • Lake Travis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From westbound RM 2222, turn left onto N FM 620/Ranch Rd 620 N. Turn right onto Stewart Rd. Turn right onto Buffalo Gap Rd. Turn left onto Lake Loop. Home will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,000,000
  • Price Per SqFt: $957/SqFt

Tax Information:

  • Annual Amount: $29,788
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Austin, TX.

Med. Sold Price

$568.6K

Med. Price/SqFt

$310

Avg. Days On Market

42

# of Sold Homes

934

16421 Lake Loop vs Austin

14 DAYS ON ROCKET

-28 Days

$4,000,000

+$3.4M More

$957/SqFt

+$647 More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price and $647/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #9410818

Listing Office:

  • Office Name: Compass RE Texas, LLC
  • Office Phone: (512) 575-3644
  • Listing Agent: Sherry Hendrickson

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 6/2/2024, 7:20:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$29,788$1,592,730
2019$31,412$1,592,730
2018$34,416$1,592,730
2017$28,084$1,699,252

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7153248
3
/10
  • Lake Travis Elementary School

  • 15303 Kollmeyer Dr

  • 1.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-7153249
5
/10
  • Hudson Bend Middle School

  • 15600 Lariat Trl

  • 1.48 miles

  • Public District Grades 6-8

High School

school-card-donut-7153250
6
/10
  • Lake Travis High School

  • 3324 Ranch Road 620 S

  • 3.87 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $90,952. Most Austin, TX residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16421 Lake Loop

What is the listing price of this property?

The listing price of 16421 Lake Loop property is $4,000,000.

What type of property is this?

The property 16421 Lake Loop is a house located in Austin, Texas, 78734.

Is this property for sale now?

Active Listing: 16421 Lake Loop is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16421 Lake Loop are:
Lake Travis Elementary School: GreatSchools Rating 3/10
Hudson Bend Middle School: GreatSchools Rating 5/10
Lake Travis High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $29,788 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16421 Lake Loop has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 16421 Lake Loop is 4,178 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16421 Lake Loop is 1998.
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Rocket HomesTexasTravis CountyAustin7873416421 Lake Loop

This home is located at 16421 Lake Loop in Austin, TX and zip code 78734 in the Buffalo Gap neighborhood. This 4,178 square foot home, which was built in 1998, sits on a 2.23 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 18, 2024 and is currently priced at $4,000,000.

In May 2024, from all listings sold in Austin, TX there were more than 180 sold above asking price, over 585 sold below and more than 169 were sold right at the asked price. The inventory of homes for sale in Austin, TX between April 2024 and May 2024 increased by 14.9%. In May 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $568,618.

From Rocket Homes Real Estate and based on county public records data.

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