See Home Value
$1,050,000
↓ $50K (4.5%)
● House - Off Market

5903 Median RD

Austin, TX 78734
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,296 Ft²
$5,156
Est. Monthly

About This Property

Incredible opportunity available with SELLER FINANCING at a nearly 4% interest rate! Inquire for details on the seller financing.

This property is being sold as a turnkey short-term rental but would also be a phenomenal opportunity for anyone looking for a unique property near the lake with a super low interest rate! It is nestled i near Lake Travis. This exquisite property, reminiscent of a romantic Tuscan vineyard, offers unparalleled luxury and serene beauty. Sold fully furnished and ready for guests or immediate move in, Villa De Oaks promises an exceptional return on investment with a projected annual revenue of $103,000.

Secluded and secure, this gated property ensures privacy and peace for all visitors. Luxurious amenities, including a hot tub that seats 6-9, two fire pits with ample seating, and a meditation yurt with a daybed and seating for 8-10. The home is adorned with over 40 unique paintings and sculptures by local artists, adding a distinct charm to every corner. Entertainment options are plentiful with a game room featuring a reclining couch, Smart TV, and both PS and Xbox gaming consoles, complemented by a Baby Grand Piano, bongos, and a tambourine.

The home currently offers three large bedrooms, two full bathrooms, and a convenient powder room. Though there is huge opportunity to increase the income on the property by finishing out the garage and the casita PLUS there is space for a pool.

Villa De Oaks is conveniently located just minutes from Lake Travis. On-site parking includes space for jet skis or a boat, enhancing its appeal to vacationers. There is also ample parking if you were to use the home for weddings and events.

Take advantage of this rare opportunity to own a piece of prime real estate with so much charm while securing an incredible investment. Inquire for more information! You have to see this property in person... It is stunning! With recommended improvements the property could generate 180k+ in annual revenue!
Unit Size
2,296 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$457
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995

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Last updated: 2 years ago (Unlock MLS #ACT1472845)

Price History

Date / Event Date Event Price
Nov 6, 2024 Price Decreased $1,050,000
↓ $50K (4.6%)
Price Decreased
May 16, 2024 Listed by MODUS Real Estate $1,100,000
Listed by MODUS Real Estate
Mar 28, 2024 Withdrawn -
Withdrawn
Feb 8, 2024 Listed by Compass RE Texas, LLC $1,095,000
Listed by Compass RE Texas, LLC
Experience the enchantment of Villa de Oaks, a Spanish-inspired hacienda nestled in the heart of Hudson Bend, Lakeway. Crafted with passion by a renowned local architect/artist, this estate epitomizes the essence of Austin living, offering an idyllic retreat for travelers and a lucrative Airbnb opportunity for investors. Situated on just under an acre of lush, forested land adorned with majestic live oak trees, Villa de Oaks provides a haven of privacy and serenity. Explore winding pathways, tranquil nooks, and ambient lighting that imbues the night with magic. The centerpiece, a bespoke semi-permanent yurt, beckons guests into an extraordinary living space, complemented by outdoor amenities including a kitchenette/bar, rejuvenating spa, fire-pits, and a tranquil koi pond, all against a backdrop ripe for a custom pool installation. Recently transformed into a turnkey Airbnb rental, Villa de Oaks boasts revenue that exceeds its monthly mortgage, making it a savvy investment. The sale includes dedicated listing, property manager, and elegant furnishings, ensuring a seamless transition for the new owner. Indoors, soaring ceilings and expansive windows blur the line between inside and out, while the open floor plan, grand dining room, and versatile bonus rooms offer ample space for gatherings and relaxation. Notable features include an oversized garage with an electric car charging outlet (Tesla) and a premium hot tub. With no HOA fees, lower tax rates, and minimal deed restrictions, Villa de Oaks stands as a prime investment property. Residents enjoy access to the prestigious Lake Travis ISD and proximity to marinas, enhancing the experience of adventure and leisure. Plus, a tiny home and casita in the back offer additional space for guests or a separate office. Villa de Oaks isn't just a property; it's a fully operational business venture and a tranquil retreat, enveloped in the vibrant spirit of Austin. Explore the magic and potential of this unique gem today.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 522
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,216
  • Lot Size Depth Feet: 3,450
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,818
  • Gross Building Area: 2,818
  • Building Area: 2,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,296
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUDSON BEND COLONY NO 2
  • Land Acres: 0000000671
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 53 BLK 4 HUDSON BEND COLONY NO 2

Neighborhood

  • School District Name: Lake Travis Independent School District
  • School Tax School District: LAKE TRAVIS ISD
  • Census Tract: 031400

Geography

  • Assessors Map Reference: 0164600323
  • Account Number: 165395
  • Parcel: 165395
  • Block: 4
  • Lot: 53
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.4262
  • Longitude: -97.9316

    Address

  • Full Address: 5903 Median Rd
  • Address - House Number: 5903
  • Address - Street Name: Median
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Austin
  • Carrier Code: R007
  • 4-Digit Zip Code: 1135
  • Zip Code: 78734

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,008,949
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 52

    Appraisal Valuation

  • Standard Deviation: 0.1923
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 74
  • Final Value: 1,035,636
  • High Value: 1,234,814
  • Low Value: 836,458

    Market Valuation

  • Market Total Value: $839,655
  • Market Land Value: $124,041
  • Market Improvement Value: $715,614

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $839,655
  • Assessed Land Value: $124,041
  • Assessed Improvements Value: $715,614

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Feb 01, 2022
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20144
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 Hudson Bend


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Frequently Asked Questions

When was property at 5903 Median Road built and last sold?
The property at 5903 Median Road was built in 1995 and last sold on Jan 31, 2022 for $884,450.
How much is this home worth?
The estimated value of the home located at 5903 Median Road is $1,060,500.
What are some comparable homes to 5903 Median Road?
There are currently no comparable homes to 5903 Median Road.