The home of Torchy’s Tacos Mike Rypka hit the market as Austin’s priciest listing.
Rypka, founder and CEO of the popular chain, listed his estate on Lake Austin for $25.5 million, MySanAntonio reported.
The listing includes three parcels, at 4705 and 4709 Island Cove and 4400 Island Avenue, totalling 5 acres, his over 10,000-square-foot home, a one-bedroom casita, three-car garage and two-slip boat dock on the lake. The price pencils out to $2,452 per square foot.
The home has five bedrooms, three kitchens and eight living spaces, including a lower-level pool lounge. The property also includes a pickleball court, pool, hot tub and swim-up bar.
Rypka bought the house in 2017 and hired Britt Design Group to modernize it.
He opened Torchy’s as a food truck in Austin in 2006; the chain now has 120 locations across 16 states.
Lake Austin has cemented its status as a haven for Austin’s wealthiest residents in search of luxury real estate.
A Four Seasons condo project is planned for the popular retreat along the Colorado River. The project is slated to include 179 homes and nine standalone villas. They start at $4.1 million according to the project’s website, ranging from 1,900 square feet up to four-bedroom spreads.
Last month, Douglas Elliman publicized an off-market listing in the area. A 4,100-square-foot villa that’s one of five units at The Villas at West Harbor is asking $14.1 million. Though million-dollar home sales in Austin remained flat last year, the average price of luxury properties jumped from $472 per square foot to $510 per square foot, according to a report from Texas Realtors.
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