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AUS Cool garage on this house for sale in Lake Travis

Discussion in 'Texas' started by VAF84, Mar 12, 2021.

  1. VAF84

    VAF84 Formula 3
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    Bas, TR007 and NYC_Z06 like this.
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  3. timwu12

    timwu12 Formula Junior

    Oct 31, 2014
    695
    Houston, TX
    Noooo!!!!! Don’t spread the word on this as I don’t need any more competition!!!


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  4. Bob in Texas

    Bob in Texas Formula 3

    Apr 23, 2012
    2,377
    Just East of Weird
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    Bob
    THAT is one amazing place.
     
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  5. stoked_7

    stoked_7 Rookie

    Nov 9, 2020
    13
    Nice garage, needs an Ferrari to dress it up.
     
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  6. plastique999

    plastique999 F1 Veteran
    Silver Subscribed Owner

    Nov 9, 2008
    6,062
    SoCal
    Full Name:
    Edward
    Love the garage!
    Is Lake Travis a nice area to live ?


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  8. J-P

    J-P Karting
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    Nov 15, 2007
    174
    Square footage of garage Is about equal to living area. Sounds like the priorities are about perfect:D
     
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  9. blkfxstc

    blkfxstc Formula Junior
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    Nov 30, 2016
    454
    TX
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    Eric
    Nice find!
     
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  10. timwu12

    timwu12 Formula Junior

    Oct 31, 2014
    695
    Houston, TX
    And not a single woman’s item in the closet pic too!


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  11. Bas

    Bas Three Time F1 World Champ

    Mar 24, 2008
    31,557
    South Pacific
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    Bas
    Love the setup. Very well thought out.
     
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  13. vraa

    vraa Formula 3
    Rossa Subscribed

    Oct 31, 2003
    1,940
    Texas
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    Mr. A
    Very cool!

    I thought ATX prices were rising like crazy?
     
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  14. VAF84

    VAF84 Formula 3
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    It is, the problem is that access to downtown, and really the rest of Austin can be a challenge for commuters. The roads out there aren’t able to sustain the number of people in the area to easily get around during peak hours. If you are work from home, or don’t need to reach other parts of Austin frequently, I think it’s great!

    They absolutely are. This area is just a little less hot than the others. We also don’t know if someone will offer way over asking as has been the case in other areas. In some areas houses are going 75-100k over asking.
     
  15. Ryan S.

    Ryan S. Two Time F1 World Champ
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    Mar 20, 2004
    22,255
    Horribe horrible place to live......
     
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  16. nmcclure

    nmcclure Formula Junior
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    Apr 13, 2014
    343
    TX
    I had a friend just sell her place, westlake, 100+ offers in the first 48 hours. 2MM+. I bet we get an offer a week unsolicited for our lake austin property. Have had friends get 25MM+ offers on the lake too, all tech young buyers.
     
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  17. nmcclure

    nmcclure Formula Junior
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    Apr 13, 2014
    343
    TX
    actually that home is pending above
     
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  18. VAF84

    VAF84 Formula 3
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    It's incredible how much money is out there. It would be interesting to hear the professional backgrounds of all of these buyers. Are they really flush with cash, or they all living on the edge of what they can afford?
     
  19. nmcclure

    nmcclure Formula Junior
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    Apr 13, 2014
    343
    TX
    We have a few waterfront properties (austin/miami) we are about to list given the prices, and what I've seen is:
    - tech, tons of flush cash looking in the 7MM+ range. Ironically, the higher the price, the more buying power. More 20MM buyers than 7MM. Guess this has to do with PE exits and who made what on IPO/SPAC etc.
    - Sub 7-5MM part cash, mainly mortgaged, with pickier buyers.

    Buyers in the 7MM+ range value their time, and will pay accordingly. I think my data is a little skewed as both states are net inflow of UHNW family offices. Almost all I've seen are tech related. There were a few PE shops that came to austin and spent big on the lake in 2019, but for the most part its all tech money.

    The house Elon bought I looked at 3 years ago for 9MM, and he paid 13 I believe. That said, I wouldn't have taken it for 5 as it sits directly below the overlook at mount bonnell, and I can only imagine how many 8 year olds are chunking rocks down to your driveway and house.
     
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  20. VAF84

    VAF84 Formula 3
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    Excellent insight, thanks for sharing! Tech is clearly where it's at.
     
  21. WJHMH

    WJHMH Two Time F1 World Champ
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    Sep 5, 2001
    22,638
    Panther City, Texas
    Full Name:
    Preferred Pronouns: Lord/Master
    Nice but needs a pool.
     
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  22. Ryan S.

    Ryan S. Two Time F1 World Champ
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    Mar 20, 2004
    22,255
    What’s the address for Elon’s place?
     
  23. Ryan S.

    Ryan S. Two Time F1 World Champ
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    Mar 20, 2004
    22,255
  24. nmcclure

    nmcclure Formula Junior
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    Apr 13, 2014
    343
    TX
    Sent you a pm
     
  25. VAF84

    VAF84 Formula 3
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    Was it Johnny Jones house (Jones Energy)?
     
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  26. nmcclure

    nmcclure Formula Junior
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    Apr 13, 2014
    343
    TX
    The original one was not. Have heard he may be the buyer on Johnny's but have also heard it was someone else.
     
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  27. clonmeliw

    clonmeliw Karting

    Aug 27, 2016
    145
    Tulsa, OK
    Full Name:
    Jerff Fischer
    Great garage......but - uh - what's up with the padded, elevated bench at the foot of the bed in the master suite? ;)
     

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