5420 Petticoat Lane

Austin, TX 78746

$13,950,000
Last List Price
7
Beds
6
Baths
1
1/2 Bath
8,740 Sq. Ft.
$1,596 / Sq. Ft.
8,740
Sq. Ft.
$1,596
per Sq. Ft.

Description

One-of-a-kind estate property on over 10 acres nestled up against Wild Basin Wilderness Preserve to the back and overlooking breathtaking Austin skyline views. This vast two-lot parcel is a rare opportunity to own substantial acreage within eight miles of downtown; the size and location of the property offers extraordinary privacy while also allowing for far-reaching panoramas. Two recently remodeled existing homes offer move-in ready options. This property also affords the potential to build the...One-of-a-kind estate property on over 10 acres nestled up against Wild Basin Wilderness Preserve to the back and overlooking breathtaking Austin skyline views. This vast two-lot parcel is a rare opportunity to own substantial acreage within eight miles of downtown; the size and location of the property offers extraordinary privacy while also allowing for far-reaching panoramas. Two recently remodeled existing homes offer move-in ready options. This property also affords the potential to build the ultimate showplace home. While you will be surrounded by woods and wildlife at home, Austin Country Club is a quick five miles to the north, and shopping and dining in Westlake is six miles south. Exceptional Eanes schools are nearby, as are several prestigious private institutions. The larger home is a sumptuous entertaining showplace with elegantly proportioned rooms flowing in to one another and out to the covered terrace, pool and lawn beyond. Features an oversized bar between the sunken living and family room. A luxuriously sized primary suite enjoys city and hillside scenery, a spa-like bath and two walk-in closets plus an adjacent study. Two additional bedrooms and a mirrored fitness/dance room offer plenty of space. The second home is a charming mid-century cottage with a bedroom and study/flex space; a separate pool house with bath can serve as an ultra-private primary suite. A screened porch and large deck expand the living space outside. Set on a grassy terrace, the pool hangs over the hillside, and you will find yourself spending hours floating at the edge, enjoying the view. The incredible property is a once-in-a-lifetime opportunity to live a Hill Country lifestyle while enjoying the pleasures of one of the most exciting cities in the country. Taxes are estimates based on 2021 rate and 2022 assessed value. All tax figures should be independently verified. 24HR Advance Showing Notice.
  1. Listed by Eric Moreland • TREC #0449345 • Moreland Properties • (512) 480-0848

Property Details for 5420 Petticoat Lane

Subdivision Name
Simmons John E
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
City, Park/Greenbelt, Hills, Panoramic
View YN
Yes
Parcel Number
01211901010000
Tax Lot
1
LISTING UPDATED: 10/17/2023 12:02 PM

Property Details for 5420 Petticoat Lane

StatusClosed
MLS #3951558
Days on Market269
Taxes$186,295 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1984
Lot Size10.65 AC / 463,914 SF
CountyTravis County

Building Information for 5420 Petticoat Lane

Stories-Year Built1984Building Size-Lot Size10.65 AC / 463,914 SF

Property Information for 5420 Petticoat Lane

General Information
Parking
  • Garage Spaces: 3
  • Parking Total: 5
  • Parking Features: Additional Parking, Attached, Carport, Driveway, Garage
  • Carport: Yes
  • Garage: Yes
  • Covered Spaces: 3
Interior
  • Interior Features: Wet Bar, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, Granite Counters, High Ceilings, Interior Steps, Multiple Living Areas, Multiple Dining Areas, Bar, Walk-In Closet(s)
  • Flooring: Carpet, Marble, Wood
  • Appliances: Bar Fridge, Built-In Refrigerator, Cooktop, Double Oven, Dishwasher, Exhaust Fan, Electric Oven, Electric Water Heater, Gas Cooktop, Disposal, Ice Maker, Microwave, Stainless Steel Appliance(s), Trash Compactor
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Family Room, Gas Starter, Living Room, Wood Burning
  • Virtual Tour URL Branded: https://westlakehilltopestate.com/
  • Restrictions: Deed Restrictions
Exterior
  • Exterior Features: Private Yard, Rain Gutters, See Remarks
  • New Construction: No
  • Construction Materials: Frame, Masonry
  • Foundation Details: Pillar/Post/Pier, Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Metal
  • Fencing: Partial, Wood
  • Direction Faces: East
  • Window Features: Skylight(s), Window Treatments
  • Accessibility Features: None
  • Community Features: None
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Backs to Greenbelt/Park, Private, Many Trees, Sprinklers Automatic, Trees Large Size, Trees Medium Size
  • Horse: No
  • Horse Amenities: None
Location Information
  • Builder Name: Don Reynolds
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating YN: Yes
  • Heating: Central, Electric, Fireplace(s)
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Propane, Water Connected
  • Water Source: Municipal Utility District
Room Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: Breakfast Bar, Breakfast Area, Granite Counters
Room 2
  • Room Type: Office
  • Room Level: Main
Room 3
  • Room Type: Dining Room
  • Room Level: Main
Room 4
  • Room Type: Primary Bathroom
  • Room Level: Second
  • Room Features: Separate Shower, Walk-In Shower
Room 5
  • Room Type: Primary Bedroom
  • Room Level: Second
  • Room Features: Multiple Closets, Walk-In Closet(s)
Room 6
  • Room Type: Family Room
  • Room Level: Main
  • Room Features: Wet Bar, High Ceilings
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Unit 5
  • Permission: IDX
Unit 6
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $11,036,588
  • Additional Parcels: Yes
  • Additional Parcels Description: 0121190113
  • Tax Year: 2022
  • Tax Rate: 1.69%
Showing Information
Showing Information
  • Security Features: Security System Owned, Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Directions: Westlake Dr to High Rd to Wild Basin. Go Right on Petticoat and go all the way to the top

Property History for 5420 Petticoat Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5420 Petticoat Lane

Taxable ValueLand$4,480,000Additions$3,682,461Total$8,162,461
Tax Record2022$129,573 ($10,798 / month)
Home Facts
Beds4Total Finished SqFt6,542 SqFtAbove Grade Finished SqFt6,542 SqFtStories2Lot Size397,790 SqFtStyleSingle Family ResidenceYear Built1984CountyTRAVISAPN0121190101Fireplace TypeHas Fireplace

Schools near 5420 Petticoat Lane

This home is within Eanes Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Eanes Elementary School
PublicPK to 5

Hill Country Middle School
Public6 to 8

Westlake High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Moreland Properties, Eric Moreland, TREC #0449345

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.