See Home Value
$732,000
● House - Off Market

1016 Merlene DR

Austin, TX 78732
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,999 Ft²
$4,633
Est. Monthly
2.38%
Cap Rate

About This Property

FREEDOM AND PEACE – A Home That Offers Both in Abundance This is more than a home-it's a lifestyle. Here, you're free to park your RV and your boat with ease-one in the garage, one inside the gated side yard, or both outside. Just under a mile from the public boat launch on Lake Austin, adventure is always close at hand. Stroll along the peaceful, tree-lined streets or down to the lake, where quiet serenity surrounds you. Relax or garden in the expansive backyard, which features three separate fenced areas and backs to privately owned natural land. With no home owner fees, you'll enjoy financial freedom with a low 2024 tax rate of just 1.72%. Step through the front door into an open-concept living space that combines kitchen, family room, and dining area-perfect for connection and entertaining. The primary suite is a private retreat, featuring a spacious bedroom, a cozy sitting area with a fireplace and views of the side yard, and a luxurious ensuite bath with dual vanities, a spa tub, separate shower, and private commode. From there, the walk-in closet and laundry room flow directly into a personal sauna-your private spa awaits. Upstairs, a huge game room with wet bar and refrigerator opens onto a large balcony-another perfect spot to enjoy the peaceful setting. Off the game room, you'll find a dedicated media room ready for movie nights or gaming marathons, and a private office with its own window and closet-ideal for uninterrupted work-from-home days. Two additional bedrooms and a full bath are located down the hall, offering space and privacy for family or guests. All of this sits on a beautifully landscaped 0.3-acre lot adorned with ancient oak trees. Zoned to highly regarded Leander schools and located near Quinlan Park (with playgrounds and a boat launch), plus quick access to shopping, major roads, and the beauty of Lake Travis and Central Texas. Come experience the rare blend of serenity and freedom-this is more than a home; it's your sanctuary.
Unit Size
2,999 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$244
Property Type
House
Property Taxes
$1,038
HOA Dues
-
Year Built
2002

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Last updated: 3 months ago (Unlock MLS #ACT3623340)

Price History

Date / Event Date Event Price
Jul 2, 2026 In contract -
In contract
May 27, 2026 Relisted $732,000
Relisted
May 21, 2026 In contract -
In contract
May 5, 2026 Price Decreased $732,000
↓ $500 (0.1%)
Price Decreased
Apr 1, 2026 Price Decreased $732,500
↓ $48K (6.1%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 5
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 777
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 12,959
  • Total Building Area: 2,999
  • Gross Building Area: 3,048
  • Building Area: 2,999
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,999
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER RIDGE
  • Land Acres: 0000000298
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 11 BLK B RIVER RIDGE

Neighborhood

  • School District Name: Leander Independent School District
  • School Tax School District: LEANDER ISD
  • Census Tract: 035100

Geography

  • Assessors Map Reference: 0129550102
  • Account Number: 125714
  • Parcel: 125714
  • Block: B
  • Lot: 11
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.3331
  • Longitude: -97.9215

    Address

  • Full Address: 1016 Merlene Dr
  • Address - House Number: 1016
  • Address - Street Name: Merlene
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: R004
  • 4-Digit Zip Code: 6121
  • Zip Code: 78732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,016,650
  • Tax Rate Code Area: 69

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 921,879
  • High Value: 1,147,222
  • Low Value: 696,535

    Market Valuation

  • Market Total Value: $1,209,038
  • Market Land Value: $300,000
  • Market Improvement Value: $909,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655,155

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2013
  • Current Sale Recording Date: Nov 18, 2013
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2013206760
  • Previous Sale Recording Date: Nov 18, 2013
  • Previous Sale Contract Date: Nov 14, 2013
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About River Ridge


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Nearby Rentals

Unit for rent at 925 Cavalry Ride Trl, Austin, TX, 78732

$3,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,367 ft²
925 Cavalry Ride Trl, Austin, TX, 78732 Listing by Susan Russell
Unit for rent at 1301 S Quinlan Park Rd, TX, 78732

$2,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,715 ft²
1301 S Quinlan Park Rd, TX, 78732 Listing by Ashley Arthur


Frequently Asked Questions

When was property at 1016 Merlene Drive built and last sold?
The property at 1016 Merlene Drive was built in 2002 and last sold on Nov 14, 2013 for $237,500.
How much is this home worth?
The estimated value of the home located at 1016 Merlene Drive is $755,436.
What are some comparable homes to 1016 Merlene Drive?
There are currently no comparable homes to 1016 Merlene Drive.