Lake Travis Waterfront Villa

$2,395,000
4
3
2,578
sq. ft.
$929
per sq ft
Heated sq ft: 2,578 sq ft
Avg Nightly Rate:
Home Legally Sleeps: 0
Occupancy Rate: 0 weeks
Annual Gross Income : Inquire
Annual Net Operating Income : Inquire
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: No
Furnishings Included: No
For Sale By: Broker
Seller Financing: No
Niche: Resort, Weddings or Family Reunions
New Construction: Inquire
Days on Vrolio: 526

Property Description

This property is short term rental approved and located in The Resort at Lake Travis!!! This community is designed for short term rental use. All STRs are managed on site and in house. This villa is one of the few in the community, and the villas in the STR pool are always booked solid!!! Welcome to The Reserve at Lake Travis! This waterfront community is known for it's famous lazy river pool and deep water marina! Alura Pointe Villas is a small section of stand alone condos located on the prime peninsula of the community. Enjoy incredible Lake Travis views from the outdoor patio on the main living area, where the fully retractable custom doors open to allow easy flow from the inside living area to the outside. The dark leather finish granite on the oversized kitchen island compliment the light oak floors and bright white cabinets. The kitchen is fit for any chef, and opens right to the dining and family area. The primary bedroom is located on the main level and includes it's own private balcony with retractable doors as well. Upstairs leads to an additional three bedrooms and two full sized baths. Grill and watch the sunsets from the bottom level and allow your pets to roam free in the fully fenced backyard. This original owner villa is also available for short term rentals, making the option for an investment property achievable. The fishing pond, tennis courts, restaurant, pool and marina are all within walking distance. The Reserve does require mandatory membership and associated initiation fees.

Presented by:
Agent:
Lindsey Hayes
The Best of Texas Real Estate
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 0
Low: 0
Peak: 0
Special Event: 0
Avarage: 0.00
Furniture Age
Inquire
Est Value of Furnishings
Inquire
Peak & High Seasons
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
Not sure
Reason for Selling
This has been their primary residence since built. Never used as STR. They have already purchased another property and will be moving out in just a few days.
Foreign national buyer restrictions from government?
No
Gross Annual Income
Inquire
Net Operating Income
Inquire
Stories
3
Additional Indoor Rooms
Attached Garage for No car, Family Room, Mud Room
Appliances
Dishwasher, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Carpet, Real Hardwood, Tile
Security
No
Security Description
Half Baths
1
Master Suite(s)
Inquire
Energy Efficiency
Carpet, Programmable thermostat
Year built
2011
Outdoor Features
Deck, Dock, Fenced/Gated Yard, Fire Pit, Outdoor Kitchen, Porch - Not screened, Sprinkler System, Walk Out Balcony
View
Lake
Backyard Exposure
Southwest
Lot Size
.433 of an acre
Community Features
Clubhouse, Community Dock, Community Pool(s), Gated Community, Lake Access, Lazy River, Marina, Nature Trails/Walking Path, Onsite Property Management, Playground, Restaurant(s), Sundries Shop/Convenience Store, Tennis Court
Tax Amount/Year
$20,000
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
Yes
Interview Required
No
Neighborhood Amenities
Clubhouse, Community Dock, Community Pool(s), Gated Community, Lake Access, Lazy River, Marina, Nature Trails/Walking Path, Onsite Property Management, Playground, Restaurant(s), Sundries Shop/Convenience Store, Tennis Court
Mandatory HOA
Inquire
Home Legally Sleeps:
0
Onsite Parking
2 car garage, plus additional parking in driveway. More parking located in the lot just steps away from the villa.
Neighborhood Association STR Rules
HOA allows STR
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Transfers to new owner
Rental Tax Info
$6.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
No
Established Rental History
Inquire
Occupancy Rate
0
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Inquire
Managed By
Inquire
Management Bookings Percentage
Inquire
Caretaker Bookings Percentage
Inquire
Paid Booking History
Property has never had any paid bookings on the home becase The home has been occupied as a primary residence
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
Inquire
Manager Cancellation Policy
 
  •  
Credit Card Fee
$1.00
Cleaning Fee
$150.00
Licesnes & Permits (Annual)
$412.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
Inquire
Pool & Spa Maintinence (Annual)
Inquire
Electricity (Annual)
$1,800.00
Water/Sewer (Annual)
$900.00
Cable/Interbet (Annual)
$1,800.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$20,000.00
Homeowner's Insurance (Annual)
$1,800.00
Short Term Rental Insurance Rider (Annual)
Inquire
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
$8,688.00
Additional Membership Fees (Annual)
Inquire
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: The Best of Texas Real Estate, 5122937788

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