Ed's Opinion of Value

$809,358 Ed's Estimate: $1,454,513 $3,100,000
Lowest Comp Recommended List: $1,669,000 to $1,901,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,454,513. For a well positioned listing in TIN LAKE HILLS, I'd target the $1,669,000 to $1,901,000 range. In the current TIN LAKE HILLS market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The pool is a differentiator here, since 2 of 5 comparable sales didn't include one. The 2023 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in TIN LAKE HILLS (a seller's market), competition is a factor to consider. Recent trends in TIN LAKE HILLS show home values have fallen 24% since 6 months ago. The most comparable recent sale is 1201 Canyon Edge DR, Austin TX 78733, with an adjusted value of $1,904,333; a strong comparable. 5 comparable transactions in TIN LAKE HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
4 Beds
5 Baths 4 Full, 1 Half
3,491 Sq Ft
0.3296 Acres
2023 Built
3 Garage

About This Property

Embark on an unparalleled luxury journey at 1101 Village West Drive, a newly constructed gem in the heart of Cuernavaca, the single best investment opportunity remaining within west Austin, bar none. This 3,491 sq ft corner lot marvel in Eanes ISD, the best school district in Texas, is not merely a residence; it's a unique chance to invest in a property with the lowest price per square foot for new construction west of town. What's more, it boasts an impressively low tax rate of just over 1.5%, further enhancing its appeal.

An extraordinary aspect of this property is the direct access to Lake Austin through the voluntary Lake Hills Community Association. This exclusive access grants homeowners a lifestyle that blends suburban comfort with lakeside living. Imagine the convenience of a private boat ramp for spontaneous water adventures, lakeside park, and a community pool - all just down the street.

Step inside to discover a modern, open layout that seamlessly blends luxurious living with practicality, perfect for both entertaining and everyday life. The living area, bathed in natural light, features high ceilings and a stylish fireplace. The state-of-the-art kitchen, with premium appliances and sleek quartz counters, includes a Bosch refrigerator and additional under-counter refrigeration and ice maker. This residence also features a dedicated office/study, an upstairs media/game room, and a three-car garage, adding to its desirability.

Outdoor living is elevated with a covered patio overlooking a pristine pool and serene backyard sanctuary. Four spacious bedrooms, each with an ensuite, include a ground-floor primary suite offering a spa-like experience with dual vanities, a soaking tub, separate shower, and walk-in closet.

This rare privilege, combined with the property's strategic location and exceptional value, makes 1101 Village West not just a home, but a gateway to an enviable lifestyle that's highly sought after yet rarely available in Austin.

Property Highlights

Pool Gunite, Heated, In Ground, Outdoor Pool, Pool/Spa Combo

Features

  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Interior Steps
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Wired for Data

Location

Schools

School District Eanes ISD
Elementary Valley View
Middle School West Ridge
High School Westlake

Property Details

Property Type Residential
Flooring Marble, No Carpet, Tile, Wood
Cooling Central Air, Heat Pump
Heating Central, Heat Pump, Propane
Exterior Exterior Steps, Gutters Full, Private Yard
County Travis
MLS # 6289085
Garage 3 spaces

Tax Information

Annual Taxes (MLS) $9,921 (2023)

Listing History

MLS# 6289085 7 days (187 CDOM)
Feb 29, 2024 Off Market
Feb 1, 2024 Listed $1,825,000

Frequently Asked Questions About 1101 Village West DR, Austin TX 78733

When was 1101 Village West DR, Austin TX 78733 built?

1101 Village West DR, Austin TX 78733 was built in 2023.

How much does 1101 Village West DR, Austin TX 78733 cost?

1101 Village West DR, Austin TX 78733 sold on February 29, 2024. Contact us for sale price details.

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