8 NEWMAN DRIVE, AUSTIN, TX 78738

Homes for sale in Austin.

Homes for sale in 78738.


8 Newman Drive

Austin, TX 78738

Status of the property has changed, please contact for details

List Price$2,800,000

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Listing #2380441

Farm

Type

About This Property

Lot #8 | THE WATERFORD - This uniquely positioned homesite rests atop a secluded and very private bench overlooking the community lake and Bee Creek below. To the south are long view corridors overlooking the river valley encompassing Bee Creek. This property shares a fence with a large 750 acre conservation ranch ensuring continued privacy. Views beyond the lake stretch beyond toward the heart of Preservation Ranch, where the horizontal glen rose formations can be seen etched into the distant hillsides. Truly spectacular and one-of-a-kind views and homesite with the perfect potential home placement orientation of rear views facing East and sunsets on the front or side of the future home. Preservation Ranch is a unique community with only thirty-two individual ranchettes spread over 1,000 +/- acres of private, high-fenced hill country land. With miles of Bee Creek and other unnamed tributaries running throughout this area, you will not find another offering quite like this anywhere else, all within 15 minutes of the Hill Country Galleria, Whole Foods & HEB grocery stores, restaurants, and shopping. The most striking benefit of living within Preservation Ranch is the lifestyle: Secluded, Private, and Elegant. Preservation Ranch is truly a rare find because of its close proximity to Bee Cave and Dripping Springs, but with an Austin address. This area is located in Lake Travis ISD with new Travis County parks expansion just around the corner. This is a perfect blend of hill country ranch life with the conveniences of the city just down the road. All of the property in Preservation Ranch is under a wildlife exemption maintained by the HOA. This exemption is challenging to get, but all the work has been done for you and will help significantly reduce the property tax burden. Every ranch in Preservation Ranch affords unique Texas Hill Country homesites to create the luxury estate and lifestyle you and your family will treasure for many generations to come.

Property Features

Location Information

County

Travis

Subdivision

Preservation Ranch

County

Travis

Directions

Highway 71 West to Hamilton Pool Road. Turn Left. about 6 miles down, take a Right on Madrone Ranch Trail into the subdivision. Continue to follow the road right until you reach the Preservation Ranch entrance gate.

Area

LS

Exterior Features

Is New Construction

No

Lot Size in Acres

20.231

Possession

Closing & Funding, Close Of Escrow

Road Description

Paved

Water / Sewer

Septic Needed

Waterfront Description

Creek

Water

Private

Has Waterfront

No

Fencing

Partial, See Remarks

Has View

Yes

Is a Horse Property

Yes

View

Canyon, Hills, Panoramic, Pasture, Rural, Creek/Stream

School

Elementary School District

Lake Travis ISD

Middle School

Bee Cave Middle School

Elementary School

Bee Cave

High School

Lake Travis

Additional Information

Other Utilities

Electricity Available, Phone Available, Water Available, Underground Utilities

Status

Active

Gated

Yes

HOA Fee

$385

Association Name

Preservation Ranch

HOA Frequency

Monthly

Property Type

FRM

HOA Includes

Common Area Maintenance

Property SubType

Ranch

Documents Available

Aerial

APN

01189601360000

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Mortgage Calculator

$13,075

per month

30 Year Fixed. 3.52% Interest Rate.

Principal + Interest

$10,089

Monthly Tax

$2,333

Monthly Insurance

$653

yrs

%

$

$

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

Schools

Walk Score

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