Active
$12,950,000
Price
7
Bedrooms
7
Total Baths

5420 Petticoat LN

Austin, Texas TX78746

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.

About This Property

Listing ID3951558
Price$12,950,000$1M
StatusActive
Bedrooms7
Total Baths7
Full Baths6
Partial Baths1
SqFt 8,740
Acres 10.650
CountyTravis
SubdivisionSimmons John E
Year Built1984
Property TypeResidential
Property Sub TypeSingle Family Residence
Garage yes
Attached Garage yes
Garage Spaces 3
Covered Spaces 3
Parking Features Additional Parking, Attached, Carport, Driveway, Garage
Parking Total 5
Half Baths 1
Appliances Bar Fridge, Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Exhaust Fan, Cooktop Gas, Ice Maker, Microwave, Electric Oven, Double Oven, Stainless Steel Appliance(s), Trash Compactor, Water Heater-Electric
Bathrooms Total 6.5
Cooling Type Ceiling Fan(s), Central Air, Electric
Fireplace Features Family Room, Gas Starter, Living Room, Wood Burning
Fireplaces Total 2
Flooring Carpet, Marble, Wood
Heating Type Central, Electric, Fireplace(s)
Interior Features Bar, Breakfast Bar, Built-in Features, Cathedral Ceiling(s), High Ceilings, Granite Counters, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Walk-In Closet(s), Wet Bar
Laundry Location Laundry Room, Main Level
Levels Multi/Split
Living Area Source Public Records
Main Level Bedrooms 2
Number of Dining Rooms 3
Number of Guest Beds 4
Number of Guest Full Baths 3
Number of Guest Half Baths 1
Number of Living Rooms 4
Number Other Level Bedrooms 5
Spa Features None
Unit Style Multi-level Floor Plan, See Remarks
Construction Materials Frame, Masonry – All Sides
Exterior Features Gutters Partial, Private Yard, See Remarks
FEMA Flood Plain No
Fencing Partial, Wood
Foundation Details Pillar/Post/Pier, Slab
Guest Accommodation Description Connected, Room with Private Bath, See Remarks
Horse no
Horse Amenities None
Lot Features Back to Park/Greenbelt, Private, Sprinkler - Automatic, Trees-Heavy, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft)
Lot Size Area 10.65
Lot Size Square Feet 463914
Other Structures Outbuilding, Storage
Patio And Porch Features Covered, Patio
Pool Features In Ground, See Remarks
Roof Metal
Sewer Septic Tank
Utilities Electricity Connected, Propane, Water Connected
Water Source Municipal Utility District (MUD)
Window Features Skylight, Window Treatments
Association no
Community Features None
Country US
Direction Faces East
Elementary School Bridge Point
Elementary School District Eanes ISD
Extra Territorial Jurisdiction See Remarks
High School Westlake
High School District Eanes ISD
Middle Or Junior School Hill Country
Middle Or Junior School District Eanes ISD
MLS Area Major 8E
View Type City, Hill Country, Panoramic, Park/Greenbelt
Waterfront no
Waterfront Features None
Accessibility Features None
Builder Name Don Reynolds
Green Energy Efficient None
Green Sustainability None
Intermediary yes
MLS Status Active
New Construction no
Pool Private yes
Property Condition Resale
Property Match Address
Security Features Carbon Monoxide Detector(s), Fire Alarm, Security System Owned, Smoke Detector(s)
Title Negotiable
Year Built Source Public Records
Buyer Incentive None
Current Price/Living Area 1481.69
Current Price/Lot Size SqFt 27.91
Disclosures Seller Disclosure
Down Payment Resource no
Estimated Taxes 18295
Listing Terms Cash, Conventional
Ownership Type Fee-Simple
Possession Close Of Escrow, Funding
Restrictions Deed Restrictions
Special Listing Conditions Standard
Tax Annual Amount 186295
Tax Assessed Value 11036588
Tax Exemptions Homestead
Tax Filled Sqft Total 6542
Tax Lot 1
Tax Rate 1.6879
Tax Year 2022

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Property listed by Moreland Properties
© 2023 Austin Board of Realtors/ACTRIS MLS. All rights reserved. The information being provided is 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. Based on information from the Austin Board of REALTORS® (ACTRIS). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. Content maintained by the Board or ACTRIS may not reflect all real estate activity in the market. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated on Wednesday, June 7th, 2023.
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