1016 Lakewood Hills TER, Austin TX 78732

Off Market

Welcome home to 1016 Lakewood Hills Terrace

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Ed's Opinion of Value

$1,649,000 Ed's Estimate: $1,891,200 $2,071,421

Lowest Comp Recommended List: $2,012,000 to $2,035,000 Highest Comp

Based on 6 closed sales in STEINER RANCH, the data points to a value around $1,891,200 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,012,000 to $2,035,000. Relative to what's currently available in STEINER RANCH, this home would be the most expensive of 4 comparable homes on the market. This home's larger footprint (163 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.52 acres versus 0.48 for the typical comp. With 4 similar homes currently listed in STEINER RANCH (a balanced market), competition is a factor to consider. Market data shows STEINER RANCH prices risen 3.5% over the last half year. The closest comparable sale, 11501 Firethorn CT, Austin TX 78732 at an adjusted $2,011,656, is with a smaller floor plan and a pool. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

STEINER RANCH Market Trends

$833,000 Median Sold Price ▲ 3.5% 6mo

$264/sqft Median $/SqFt

61 days Avg Days on Market 7 days slower

50 homes Active Inventory 3.8 mo supply

96.5% Sale-to-List Ratio

79 Sales (6 months)

Recently Sold Comparables

$2,011,656 adjusted 11501 Firethorn CT, Austin TX 78732 5bd / 5.0ba • 4,826 sqft • 1.5 mi Sold 19 days ago

$1,773,320 adjusted 2404 University Club DR, Austin TX 78732 5bd / 5.0ba • 4,842 sqft • 1.4 mi Sold 6 months ago

$1,695,016 adjusted 2416 University Club DR, Austin TX 78732 5bd / 5.0ba • 5,496 sqft • 1.4 mi Sold 9 months ago

$2,071,421 adjusted 11507 Shoreview Overlook, Austin TX 78732 5bd / 5.0ba • 4,351 sqft • 1.5 mi Sold 3 months ago

$1,720,965 adjusted 12804 Arbor Lake CV, Austin TX 78732 5bd / 5.0ba • 6,086 sqft • 0.1 mi Sold 9 months ago

Currently on Market

$1,749,999 1809 Eagles Glen CV, Austin TX 78732 5bd / 6.0ba • 4,871 sqft • 1.2 mi 152 days on market

$1,825,000 732 Santaluz PATH, Austin TX 78732 4bd / 6.0ba • 4,898 sqft • 1.2 mi 26 days on market

$1,649,000 2104 University Club DR, Austin TX 78732 5bd / 5.0ba • 4,820 sqft • 1.1 mi 85 days on market

5 Beds

6 Baths 5 Full, 1 Half

5,147 Sq Ft

0.515 Acres

2009 Built

3 Garage

About This Property

This magnificent estate located in Lakewood Hills, a private gated section of Steiner Ranch, is like no other and being offered for the first time ever on the market! A custom-built Craftsman style home on just over 1/2 acre with expansive and unobstructed views over the greenbelt and protected preserve make this backyard perfect for a custom-designed pool. The gorgeous Hill Country views from the enormous upstairs balcony are breathtaking! The home is located on a culdesac street and is equipped with 5 bedrooms, 6 bathrooms, and a large open living room area, dedicated office, media room, and game room which makes it great for gatherings and entertaining. The home is zoned to desirable Leander ISD school district with River Ridge Elementary and Canyon Ridge Middle school within walking distance. You'll have full access to 3 community centers with pools, playgrounds, and tennis courts. There is no doubt that this home will fulfill all of your needs and more!

Features

Ceiling Fan(s)
Beamed Ceilings
High Ceilings
Chandelier
Granite Counters
Quartz Counters
Dry Bar
Entrance Foyer
French Doors
Kitchen Island
Multiple Dining Areas
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Thermostat
Soaking Tub
Sound System
Walk-In Closet(s)

Location

Map loading...

Schools

School District Leander ISD

Elementary River Ridge

Middle School Canyon Ridge

High School Vandegrift

Property Details

Property Type Residential

Flooring Carpet

Cooling Ceiling Fan(s), Central Air, Multi Units, Zoned

Heating Central, Fireplace(s), Hot Water, Natural Gas, Zoned

Exterior Balcony, Gutters Partial, Lighting, Outdoor Grill

County Travis

MLS # 3986051

Garage 3 spaces

HOA & Community

HOA Fee $644 /Semi-Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $20,752 (2021)

Listing History

MLS# 3986051 8 days

Jul 13, 2021	Off Market
May 13, 2021	Listed		$1,778,000

Frequently Asked Questions About 1016 Lakewood Hills TER, Austin TX 78732

When was 1016 Lakewood Hills TER, Austin TX 78732 built?

1016 Lakewood Hills TER, Austin TX 78732 was built in 2009.

How much does 1016 Lakewood Hills TER, Austin TX 78732 cost?

1016 Lakewood Hills TER, Austin TX 78732 sold on July 13, 2021. Contact us for sale price details.

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