Torchy’s Tacos Founder Lists Lake Austin Estate

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.