The shores of Lake Austin comprise one of the most prestigious stretches of real estate in Texas, with idyllic calm water and rolling hills providing a picturesque and peaceful setting for the sparsely dotted homes. The "lake" is actually a 20-mile segment of the Colorado River that joins the Texas Hill Country and Lake Travis to the west with Lady Bird Lake and Downtown Austin to the east. One of the lake's most prized features is its constant water level, which makes it a "go-to" destination for water sports enthusiasts and those who want continual close-in water access. While the lake looks more like a calm river than a traditional lake, there is ample space for wakeboarding, wake surfing, water skiing, and cruising.
Once home to an abundance of weekend lake homes, most current-day Lake Austin waterfront properties have been converted to prime luxury estates. Homes on Lake Austin are some of the most expensive properties in Texas, with homes ranging from around $1 million to upward beyond $10 million. The more desirable properties often start in the $4 to $6 million range. For those seeking a privileged lifestyle that offers access to the beautiful Texas Hill Country while remaining close to downtown Austin, Lake Austin is the premier choice.
Austin’s waterfront and water view homes are some of the city’s most prized residential real estate properties. Austin’s waterfront homeownership opportunities include the often stunning homes along the shores of Lake Austin, which stretch from just west of Mo-Pac (Loop 1) to west of Pennybacker (360) Bridge. From there, the lake – actually segments of the Colorado River – transitions to Lake Travis, where many homes are beyond the Austin city limits, although still relatively close and desirable in their own ways.
Along the Lake Austin portion, a select amount of homes are waterfront in the true sense, meaning they back up to or front Lake Austin and actually comprise the land up through an easement into the waterline. Lake Austin also has several tributaries within its boundaries, some of which have less boat traffic and more privacy than the main body of the lake – so these homes can be even more prized at times, within this already highly desirable segment of select properties.
Lake Austin homes can range from “lake house” style homes that have been in families for decades to remodeled lake homes to brand new estates with top-of-the-line amenities. One of the reasons homes directly on Lake Austin are popular is because many have their own boat dock/s. This not only saves on the expense of renting space in a marina, it provides an ease of access that is unparalleled. Simply step into your backyard, and motor (or even paddle) off into the beautiful and peaceful waters!
One of the greatest reasons to choose a home directly on Lake Austin is that its water level is constant year-round. This provides a sense of security and a permanency of access that may be missing for homeowners living on segments of the lake that are further west. Additionally, there are a small amount of popular businesses and restaurants directly on the lake, providing residents a “boat only” way of traveling to and from these activities.
Homes with direct waterfront access are almost always into the multi-millions, especially in the case of newer or remodeled homes.
Another option is a water view home along Lake Austin. Austin’s rolling hills and scaled limestone formations provide ample opportunities for remarkable homes with full and partial views of the water below. Some homebuyers prefer the elevated topography, as it can provide a greater view of downtown Austin and the lake and hill country than properties that are situated directly along the shoreline. Additionally, water view homes can provide an idyllic sense of being near the water, while offering a level of separation or privacy that may be desired in its own right.
Numerous nearby marinas and launches provide convenient, quick access to boats and water activities, offsetting the need for an on-property dock or lift, and, for many, the choice of a water view home is an ideal one.
Water view homes still often carry a million dollar and up value, but the relative distance from the water does provide more affordability on the whole compared to direct waterfront homes.
This IDX solution is (c) Diverse Solutions 2014.