One might be given to wonder why, when larger homes in the western reaches of the Austin area (Mount Bonnell, Lake Austin, Tarrytown, West Lake Hills) are going for $10 million and up, this estate is on the market for the bargainistic sum of $2 million. The short answer is that it needs work.
The grand but dated house was built in 1955 and features five bedrooms and seven and a half bathrooms. Measuring 7,812, the two-story, stone-and-frame home is on a 1.27-acre, tree-covered hilltop lot backing to Camp Mabry in central west Austin. (The listing, which notes buyers’ options could include restoration, a new build, or redevelopment, holds that the lot size as listed with the county is incorrect; it includes a survey with what is presumably the corrected size mapped.)
In addition it its numerous mature oaks and grand, arched drive to the main home, the property features a guest house, pool in need of repair, and a water well, as well as possible lake and city views if a structure of more than two stories is built there.