8 NEWMAN DRIVE, AUSTIN, TX 78738
Homes for sale in Austin.
Homes for sale in 78738.
8 Newman Drive
Austin, TX 78738
List Price$2,800,000
Listing #2380441
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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