Mushroom House Waterfront Lake Travis

An iconic Lakeway treasure, The Sand Dollar House was completed in 1979 by John Covert Watson who studied architecture under the legendary Frank Lloyd Wright at the time he was building the Guggenheim Museum in New York. Organic modern architecture, the house is made of steel and gunite with sleek white curved walls throughout. It was designed for the artist Eugenia Hunt as a second home and has been admired for decades by all who pass by it on the lake and look up in wonder. Every room boasts commanding views of the lake through custom windows and sliding doors leading to balconies and patios that trail to the water's edge. In the Living room, a floating wood bench comes off of a curved wall and a fireplace that mimics a kiva provides a cozy…

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Homes at the Signal Hill development in Bee Cave are selling faster as interest in residential real estate throughout the Lake Travis-Westlake area begins to pick up momentum. (Courtesy Evan Loomis)

Though sales in the residential real estate market throughout Greater Austin took a hit as the effects of the COVID-19 pandemic began to take hold in March, developers in western Travis County have said they are now seeing an uptick in interest from builders and buyers.

Whether it is because the market is starting to correct on its own or because a growing interest in relocating away from dense urban areas is taking hold, sales of new homes in the Lake Travis area are rising.

The sales numbers reported by local developers and Realtors come as Texas is facing historic shortages in the real estate market.

A July 14 report from the Real Estate Center at Texas A&M University states that Texas’ months of inventory, or the amount of time it would take sell all…

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Luxury Home in Rough Hollow

Former showroom for a luxury Home Automation company, this spacious Grand Haven home is loaded with features. Two story Great Room, Gourmet Kitchen w/ stainless appliances and large center island, formal dining room, office and luxurious master suite on the main level. Upstairs includes a Game Room, theatre room, 3 beds / 2 baths. Rough Hollow amenities include complimentary paddle boards and kayaks, marina, 22 miles of nature trails, fitness center, multiple pools, splash pad, tennis courts & more!

 

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Lakeway City Council scoured the proposed fiscal year 2020-21 budget at a special meeting Sept. 8, looking for cost savings to avoid a proposed maximum property tax rate that would increase revenue by 3.5%.

On Aug. 17, Lakeway City Council voted to approve a 3.5% proposed maximum property tax rate—which would increase the rate to $0.1694 per $100 of assessed value—to help close the shortfall in the preliminary $15.06 million budget that starts Oct. 1. The current rate of $0.1645 has been in place since FY 2018-19.

Under the proposed new rate of $0.1694, the city tax bill for the owner of a $500,000 home would increase from $822.50 to $847 per year.

At the Sept. 8 meeting, council directed City Manager Julie Oakley to reduce or reallocate two expenditures…

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Live the best of Austin: City life combined with Barton Creek views! Incredible 3 bed 2 bath at Greenview on Barton Creek. Clean contemporary finishes. Incredible kitchen with prep island bar + seating, dining area with large open living that is a great space to entertain. Sanctuary-like master suite, three walk-in closets, oversize 103 sq ft terrace which features protected views of the Barton Creek Greenbelt, wine fridge. Amenities include, negative-edge pool, and outdoor summer kitchen.

 

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