My theory on purchasing waterfront property is similar to buying stocks. Buy Low....Sell High! Yes, the water level is very low, but this creates a tremendous opportunity to purchase a waterfront property on 2.43 acres of beautiful hill country land at almost half the price the previous owner… Read More paid for it. This is where you make money on lakefront property. For those of you not familiar with Lake Travis and the Pedernales River, Lake Travis is not a constant level lake. It's always changing from a lack of (or too much) rain and evaporation caused by our hot Texas summers. Since the Pedernales feeds into Lake Travis, it dries up faster. Don't get all bummed out. What goes down will come back up. The lake was way down in 1994 when a microburst hit Llano County and dumped 25 of rain in a short period. Way too much rain in such a short time. Rain flew down the Llano River and filled Lake Travis to 4 below the spillway in four days. It made pulling your docks in quite an adventure due to the water rising so fast. I have a brilliant idea for the house. Skip converting the garage. I would hire an architect and create about a 1,500 square foot luxury master suite upstairs and make sure you have an enormous kick butt balconey giving yourself the most incredible view of the Pedernales River no matter if there is water or not. Since the water is low and you will be buying this low, it will be time to splurge a little. Maybe even build a tram down to the water so you won't have to deal with those steps unless you just want to get your steps in. Plus, that tram will add a lot of value. One more thing: the Pedernales River is the place to water ski. The water is so blue and calm when it's full. So, let's write an offer. An opportunity like this only comes around during a drought!! You may want to consider building a second home on the property. Income-producing or a family compound. Read Less
Property listed by RE/MAX Fine Properties 512-764-3667 (512) 764-3667
Listing Snapshot
Days Online
24
Last Updated
Property Type
SingleFamilyResidence
Beds
2
Full Baths
3
Square Ft.
2,302
Lot Size
2.43 Acres
Year Built
2012
MLS Number
5411129
Additional Details
Building
Built in 2012, Stories: 1, 2,302 sqft living area, Frame, Stucco, One
Community
Common Grounds Area, Fishing, Lake
Exterior Features
Dock, Private Yard, Rv Hookup
Fence
Wrought Iron
Fireplaces
1 fireplace, Gas Log
Floors
Concrete, Tile
Foundation
Slab
Water Features
Water Body Name: Pedernales River, Waterfront, Waterfront
Heating
Central
Home Owner's Association
Fee: $50, Fee Frequency: Annually
Interior Features
Wet Bar, Breakfast Bar, Ceiling Fans, Coffered Ceilings, Double Vanity, Granite Counters, High Ceilings, Kitchen Island, Main Level Primary, Open Floorplan, Pantry, Recessed Lighting
Laundry
Inside, Washer Hookup
Lot
2.433 acres, Area: 2.433, Landscaped, Level
Parking
Gated, Rv Access Parking, Secured
Property
Resale, Hills, Lake
Roof
Composition
Sewer
Septic Tank
Taxes
Annual Amount: $8,923, Year: 2024
Utilities
Electricity Connected, Propane, Sewer Not Available, Underground Utilities
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.ž
Based on information submitted to the MLS GRID as of
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.