Million Dollar Homes Boomtown: Austin’S Growth by the Numbers

WEST AUSTIN NEWS Million Dollar Homes Boomtown: Austin’s Growth by the Numbers

NUMBER OF PEOPLE LIVING IN AUSTIN • Number of additonal downtown residences being 1915 32,368 built now through 2019: 2015 900,701 787

• Number of restaurants downtown: 190 (102 full-service, THE INDEPENDENT 88 limited-service) Estimated Austin-metro area • tallest building under construction: The Independent, 58 stories, 685 ft. tall population by 2030: • Number of people who • first DT residence with a children’s activity center: The Independent work downtown, 2014: • walking distance from The Independent to: NEARLY 3 MILLION 86,226 ◆ Hike & Bike trail — none (located on the trail) ◆ Trader Joe’s — 1 minute Number of newcomers APPROX. • Number of people living ◆ Whole Foods — 3 minutes moving to the Austin-metro ly150,000 within one mile of 6th St. ◆ Moody Theater — 5 minutes area now through 2019: & Congress Ave.: 15,000 ◆ 6th & Congress — 10 minutes • percentage of residences currently under contract at The Independent: over 60% Sources: Austin Business Journal, City of Austin, Downtown Austin Alliance, Urban Institute, Urbanspace Real Estate + Interiors, US Census Bureau 403 Graciosa Cove

This stunning, modern home was custom designed by Webber + Studio for the current owners. Located in a private setting in Westlake, the home features an open floor plan with floor- to-ceiling windows & doors, offering views of the lap pool & wooded acre lot. A sophisticated gourmet kitchen opens to the living & dining areas, with an abundance of natural light. There is a private guest suite connected to the house by way 2916 Waterbank Cove of a beautiful screened porch. Numerous energy-efficient materials, including solar panels, were incorporated into the Cindy design. Visit 403graciosacove.com. $2,850,000. Magnificent gated estate Goldrick situated on almost three acres. 512-423-7264 | [email protected] Stunning architecture and Broker exquisite finishes greet you in every room of this Dick Clark Architecture and Joe Pinnelli Company remodel. A well thought out floor plan allows for generous communal space alongside quaint conversation areas showcasing Darryl Carter’s immense interior design talent. Venetian plaster walls warm the main level of the home helping accentuate the three sets of decorative antique doors. The large master suite offers a spa-like bathroom, two huge walk-in closets and a beverage bar. The second level of the home consists of a children’s retreat including a study area, media space 400 Buckeye Trail and a stage for the budding stars. There are several exterior gathering spaces perfect for dining and entertaining. A wall of glass along the back of the house showcases the inviting Wonderful family home on a beautiful, wooded acre lot in back yard and allows natural light to flow. The back yard West Lake Hills. Fantastic outdoor living with a fireplace and Stephanie offers a sparkling pool, large flat yard, playground area waterfall. The pool & spa overlook the private, wooded back Sachnowitz and a raised bed garden. For the wine enthusiast, there is a yard. The home features a newer addition with a remodeled Realtor® kitchen opening to the family room with wood ceiling & private cellar that holds approximately 1,500 bottles. Extreme stone fireplace. Two offices are on the main level that could attention to detail and fine finishes make this private estate also serve as guest quarters. Master suite downstairs with an simply spectacular. Furnishings available for purchase. Visit adjacent screened porch. Upstairs are two bedrooms, each with waterbankestate.com. $4,250,000. their own bathroom, and also a game room. $1,950,000. Cindy 512-740-5968 | [email protected] Goldrick 512-423-7264 | [email protected] Broker

200 Congress Avenue #33CC

Experience beautiful sunsets along with expansive views of Lady Bird Lake and downtown in this fantastic, one-of-a-kind, custom floorplan on the 33rd floor of the coveted southwest corner of The Austonian. This gorgeous condo features transitional finishes throughout by Greer Interior Design including Scavolini cabinetry, 2518 El Greco Cove wood and stone floors, Waterworks fixtures & sinks, gourmet kitchen with Viking, Sub-Zero and Thermador appliances, granite counters in kitchen, oversized island with an eating area, and Located in the Tarrytown area marble counters and floors in baths. The Butler’s pantry includes of west Austin, this timeless, Sheila desk area, wine refrigerator, and great storage. The unit offers soft, contemporary home Paynter 2 reserved parking spaces and a climate controlled storage provides gracious living spaces, unit. Enjoy 40,000 Sq.Ft. of wonderful amenities in one of the hard-to-find privacy & views of Realtor® most luxurious buildings downtown. Visit austonian33cc.com. Lake Austin & the surrounding $2,175,000. hills. The floor plan features generously sized light-filled 512-695-9174 | [email protected] rooms with high ceilings including 2 living areas with fireplaces, formal & casual dining spaces & 3-4 bedrooms, each with a private bath. An attached guest suite, with private entrance, has a living area, bedroom & full bath. The master retreat features a fireplace, covered balcony with lake view, a wet bar, 2 full baths, 2 walk- in closets, plus 4 additional closets & a laundry area. Other amenities include pool level party room with full bath and wet bar, gym with dry sauna, 7 patios, terraces or balconies, walk-in vault, utility room with sink & laundry shoot, office, butler’s pantry, elevator, silver closet, dumb waiter, 3 car garage, storage areas, resort-style pool with spa & waterfall. Theran $3,995,000. 3314 Lake Cliff Court Greer 512-797-7849 | [email protected] Realtor®

Traditional elegance on 1.5 acres in desirable Stratford Hills. Custom built in 1993 and loved by one family for 24 years. Prime cul-de-sac location minutes from downtown in Eanes ISD. Gorgeous wood floors, high ceilings, expansive living areas and large bedrooms. Chef’s kitchen features 2 dishwashers, Our Performance double ovens, gas cooktop, warming drawer, and walk-in pantry. Well-designed floor plan flows beautifully for an active Will Move You household. Private yard backs to woods. $1,995,000. 512.328.0022 Dru Brown [email protected] 512-658-5428 | www.wilsongoldrick.com Realtor® July 13, 2017 WEST AUSTIN NEWS MILLION DOLLAR HOMES 3

visit moreland.com Austin | 3825 Lake Austin Blvd. #501 | 512.480.0848 Lake Travis | 1005 Ranch Road 620 S. | 512.263.3282

FlatTopLakeAustin.com | 6.8 ac | 580’ of Lake Austin | $6.9M LakeTravisWaterfrontLiving.com | Sold Individually or Combined

PecanDriveWaterfront.com | 7+ac | 300’ of Lake Austin | $6M TheSummitAtWestRim.com | 1.7 ac | Gated Community | $3.499M

OverlookPassEstate.com | 7.9+ac | 500’ + Creekfront | $3.625M 3801Westlake.com | .79 ac | 100’ of Lake Austin | $2.8M

visit moreland.com Austin | 3825 Lake Austin Blvd. #501 | 512.480.0848 Lake Travis | 1005 Ranch Road 620 S. | 512.263.3282 Anna Lee 512.968.6419 cell 512.480.0848 vm 132 ofﬁ ce REALTOR®, Elite 25 Austinsm [email protected] Top Producer 2016, Austin Ofﬁ ce moreland.com

2555 Wamaker Wa | $2,150,000 4501 antle Rd | $5,375,000 5BR | 5.5BA | Davenport Ranch 5BR | 6.5BA | Westview on Lake Austin

512.576.6222 cell Beth Drewett 512.480.0848 vm 120 ofﬁ ce [email protected] REALTOR® moreland.com

8100 Navidad Dr | $1,795,000 7709 Sandia Loo | $1,280,000 5BR | 5.5BA | The Woods of Barton Creek 4BR | 4.5BA | The Foothills of Barton Creek

7601 Sandia Loo | $1,175,000 3804 ission Creek | $1,175,000 5BR | 5.5BA | The Foothills of Barton Creek 4BR | 3.5BA | The Estates of Barton Creek

visit moreland.com Austin | 3825 Lake Austin Blvd. #501 | 512.480.0848 Lake Travis | 1005 Ranch Road 620 S. | 512.263.3282 6 WEST AUSTIN NEWS MILLION DOLLAR HOMES July 13, 2017 33

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When it comes to residential closings, Heritage Title cares about Central Texas. For over thirty years we’ve partnered to help families make happy homes. We continue to work with the best underwriters, REALTORS,® agents, brokers and builders from our three centrally located offices. Our escrow officers use their more than 300 years of combined experience to cover all the details - One home at a time.

DOWNTOWN ROLLINGWOOD TARRYTOWN Frost Bank Tower Rollingwood Center The Carillon 401 Congress Ave. 2500 Bee Caves Rd. 2630 Exposition Blvd. Suite 1500 Bldg. 1, Suite 100 Suite 105 Austin, TX 78701 Austin, TX 78746 Austin, TX 78703 512.505.5000 512.329.3900 512.380.8900

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2414 Exposition Boulevard, Ste. A-1 2501 El Greco 1711 W 30th Street Austin, TX 78703 Coming Soon 512.474.8283 1711W30th.com TRUSTED TRAILBLAZER

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Heather Johnson Cooke Stay Connected. 512.656.8444 [email protected] Premier .55AC Tarrytown Building Site Coming Soon in Central Austin First time offered and presented as lot value for this uniquely One of Central Austin’s most prestigious streets. Move-in ready magical and private setting on a .55 acre flat, cul de sac lot in the 5BD/4.5BA/3LIV + sport court on approximately 1AC private, tree “sweet spot” of Tarrytown. $1,695,000 covered lot. Austin ISD-Casis/O’Henry/Austin High. $2,650,000

Entertainer’s Dream Coming Soon in Westlake Highlands Inviting custom designed for entertaining on 3.2 AC with sweeping Close-in EISD location and first time offered for sale--main house views in Eanes ISD. 5BD/5.5BA/6LIV. Unmatched outdoor living 3BD/2.5BA/2LIV+ 1BD/1BA/1LIV Garage Apt. Lush & private, tree with spectacular water features! $1,899,900 house setting with pool. $1,195,000

Amazing Outdoor Living in Eanes ISD Luxurious Long Canyon Privacy Updated custom 4BD/4.5BA/4LIV plus 1BD/1BA/1LIV guest suite Long Canyon custom with quality interiors, pool/spa, & sport court in prestigious West Rim Estates. Pool, spa, and outdoor cooking in on 1.2 acres backing to BCCP, and the “eastern most” location for private, cul de sac setting that backs to greenbelt. $1,699,900 award winning Leander ISD! $1,449,900

CHARLOTTE LIPSCOMB REALTOR®, CLHMS, CRS, Charter Member Austin’s Elite 25

Mobile: 512.789.6225 [email protected] charlottelipscomb.com

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Close-In Lake Travis ISD 85 Acre hilltop estate with 360 degree views and 10,700sqft custom + caretaker’s cottage. VERY close-in location with every luxury convenience nearby. $3,999,900 20% off your home improvement projects CALL 512-944-8029 & MENTION WHERE YOU SAW THE AD HARDIEPLANK SIDING roofs

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Engel & Völkers Portfolio of Homes

WATERFRONT

Lake Austin Paradise! HaciendaelSereno.com VistaViewRanch.com 3 bed/3 bath 6 bed/6.5 bath 5 bed/5.5 bath $1,649,000 $2,550,000 1,450,000

Michelle Bartholomew Cheryl Albanese Jen Templeton 512-789-5566 512-923-7122 512-797-0353

NEW PRICE

Gated On Greenbelt Resort Lifestyle in 17913 Flagler Drive 4 bed/5 bath The Estates of Lakeway 5 bed/4 bath $1,499,000 5 bed/7 bath $1,199,000 $1,500,000 Leslie Mashburn Bridgette Hager Joana Lee 512-497-6727 512-917-3924 512-501-9065

LAKEWAY RESIDENTIAL AIRPARK

3104 Pleasant Run Place 6911 Greenshores Drive 605 Vanguard St. 5 bed/5 bath 5 bed/6 bath 4 bed/5 bath $1,999,900 $1,599,000 $1,695,000

Ellen Burns Matt McGahey Doris Van Trease 254-495-7584 512-949-9092 512-924-0145

WATERFRONT LAKE AUSTIN WATERFRONT

1887 Westlake Drive 2503 Tydings Cove Tarrytown Living at Best! 4 bed/4 bath + 1/1 Casita 4 bed/6 bath 5 bed/3.5 bath $3,495,000 $3,195,000 $1,395,000

Lynn Pollinger Michele Turnquist Camille Armstrong 512-589-8496 512-431-1121 512-787-9480 I am a real estate broker associate serving the real estate needs of buyers and sellers in the Greater Austin area. My goal is to achieve the best results for my clients - referrals, friends and repeat business. With a combination of local expertise and an expansive global network I am able to bring my clients a greater level of premium services and marketing tools. Please call me when you are looking for an experienced agent to assist you in achieving your real estate goals.

Francie Little

[email protected] www.FrancieLittleHomes.com

512-468-5753

3704 Dogwood Creek Cove

Tucked in the back of a cul de sac for the ultimate in privacy this home exudes warmth and comfort. The inviting interior spaces are bathed in natural light from the French doors and the large picture windows. With 5 bedrooms, 4 full baths and multiple living areas the floor plan allows for the owners to enjoy time together while offering spaces when one needs a little rest and relaxation alone. The location is superb with close proximity to shopping, outdoor activities and some of the best schools in the district.

Offered for $1,350,000

3506 Cherry Lane

Stunning new home on desirable Cherry Lane. This newly constructed home has 2 living areas and an open-concept floor plan. The chef’s kitchen is open to the dining and living room. Retreat to the master suite on the 1st floor with a separate tub and shower, 2 vanities and his and hers closets. Upstairs, there are 3 bedrooms and 2 full baths. Custom finishes throughout the home!

Offered for $1,550,000. 1226 Travis Bluff

Sitting on the shores of Lake Travis, this waterfront estate affords a lifestyle of unique luxury. Set on over 2 acres near Barton Creek Lakeside’s award- winning championship golf course, this magnificent 11,000-square-foot home enjoys expansive Hill Country and lake views. Features include a large chef’s kitchen, home theater, a pool cabana, 7 bedrooms and much more. Accessible by a tram and stairs, the boat dock has 2 boat slips, room for 4 Jet Skis and a large walk-in storage facility. This unique home is a personal paradise.

Offered for $3,200,000.

10910 River Terrace

A Tuscan farmhouse with artfully combined Contemporary sensibility and the Tuscan vernacular, this home at 10910 River Terrace Circle in Austin, Texas, rests in a quiet neighborhood near the shores of Lake Austin. Featuring vaulted ceilings, stained concrete floors, Italian roof tiles, a living room with a stone fireplace and an Italian-style, open country kitchen, all the elements are reminiscent of an old Italian villa in a modern home. A striking feature of this home is the long living area that stretches the full length of the house, anchored by the kitchen at one end and a stone fireplace at the other. The great room annexes a screened porch that leads to a patio with a fireplace and space for al fresco dining. Designed for indoor/outdoor living, the grounds offer inviting places to lounge and enjoy the views. The home offers a master retreat, plus 4 bedroom (3 en suite), a billiards/game room, family room, office loft and a third small living area. In addition to all the special qualities and amenities, there is also a private boat dock with 1 boat slip and a party deck on top, with a portion screened in for year-round comfort, just a short golf cart ride away. It is truly a slice of paradise in Austin, Texas.

Offered for $2,495,000. 14 WEST AUSTIN NEWS MILLION DOLLAR HOMES July 13, 2017

and plumbing. The return on these investments can some- Remodeling Myths times outweigh the value of a fabulous kitchen. Also, keep in mind location of the home and SPONSORED the quality of existing homes in the neighborhood can have an impact on the appraisal of a renovation. It is possible to overbuild or renovate. A good realtor or appraiser can advise whether your planned spending t’s no big surprise that finding a luxury is worth it. move-in ready home in Austin can be challenging. Don’t despair. Your dream Myth 3: Time to Crack Open the Home Equity home may be closer than you think. A Piggy Bank homeI renovation strategy can turn a run down home into a dream home. There is a general assump- tion that a renovation requires a significant outlay of cash or tap- But before you sledgeham- remodeling projects often take ping into your existing home’s mer those walls, it’s important more work, time and money equity for a loan. “Renovation to be sure you are adding val- than anticipated. Experienced Financing can be used on any ue to your new home. Here are contractors know this and will home that needs or wants re- some common home improve- plan for contingencies. pairs. Borrowers tend to think ment myths on what not to do that it is for “Fixer Upper and when renovating an existing Needs TLC” homes only but it home or remodeling a newly Myth 2: It’s All Good. isn’t and it can be used for both purchased home: purchase and refinance transac- Not all remodels are equal. tions” says Brad A. McMullen, Ultimately most luxury buyers PrimeLending V.P. Renovation Myth 1: If Drew and need a property that meets their & Escrow Lending. Jonathan Can Do It, So family’s needs and has universal Can I appeal. Implementing unique PrimeLending offers both (or appreciation) in the existing An experienced realtor, plus guide you through potential architecture or novel amenities renovation and construction property. Oftentimes, customers builder and renovation lender remodeling “surprises” with an While the Property Broth- will limit buyers and hinder products for both purchases and owe very little at closing and can help you understand your eye to get you across the dream ers and other home improve- resale in the long term. Safe refinances. These loans allow sometimes nothing at all de- options, set a reasonable bud- home finish line as smoothly as ment shows make a renovation havens of investments include the buyer or existing homeown- pending on the equity that they get and meet your goals, with possible. seem easy, there is no substitute chef quality kitchens and spa- er to roll the cost of the renova- have in the property. The loan is an eye on keeping the process for professional and knowledge- cious master bedrooms. Howev- tion into the refinance or -pur based on the value of the com- simple. The right loan and the able contractors especially on er, do not ignore much-needed chase. In a refinance scenario, pleted project. right lender will simplify the luxury homes. Renovation and external updates such as roofing the customer can use the equity process and save you money –

JOEL RICHARDSON is a PrimeLending Branch Manager and Senior Loan Officer. A Baylor graduate with a University of Texas - Arlington MBA, and a Certified PrimeLending Construction expert, Joel has over 26 years of finance experience. He has been living in west Austin for over 12 years with his wife and two children. In addition to helping make happy homeowners, Joel enjoys spending time with his family, running, rugby, traveling and enjoying a good craft beer.

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Fix-up your home and love it. PrimeLending renovation loans are simple: ONE application, ONE approval, ONE closing, ONE monthly payment. Call Joel today for a confidential, complimentary consultation to learn more.

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Joel Richardson Mortgage Branch Manager 512.203.8244 [email protected] www.myfinanceteam.com 4807 Spicewood Springs Rd. Bldg. 4, Ste. 201 Austin, TX 78731 All loans subject to credit approval. Rates and fees subject to change. Mortgage financing NMLS: 136881 provided by PrimeLending, a PlainsCapital Company. Equal Housing Lender. © 2017 PrimeLending, a PlainsCapital Company. PrimeLending, a PlainsCapital Company (NMLS: 13649) is a wholly owned subsidiary of a state-chartered bank and is an exempt lender in TX. V021216.Company. Equal Housing Lender. © 2017 PrimeLending, a PlainsCapital Company. PrimeLending, a PlainsCapital Company (NMLS: 13649) is a wholly owned subsidiary of a state-chartered bank and is an exempt lender in TX. V021216.