12121 Lake Stone DR, Austin TX 78738

Off Market

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Ed's Opinion of Value

$794,138 Ed's Estimate: $937,323 $1,624,900

Lowest Comp Recommended List: $1,003,000 to $1,178,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $937,323. For a well positioned listing in LAKE POINTE, I'd target the $1,003,000 to $1,178,000 range. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in LAKE POINTE. Being 263 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 3 similar properties are competing for buyers in LAKE POINTE, listed between $1,050,000 and $1,624,900. Recent trends in LAKE POINTE show home values have risen 7.1% since 6 months ago. The most comparable recent sale is 12316 Carlsbad DR, Austin TX 78738, with an adjusted value of $950,039; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

LAKE POINTE Market Trends

$937,000 Median Sold Price ▲ 7.1% 6mo

$357/sqft Median $/SqFt ▲ 9.2% 6mo

35 days Avg Days on Market 32 days faster

5 homes Active Inventory 1.4 mo supply

97.6% Sale-to-List Ratio

21 Sales (6 months)

Recently Sold Comparables

$950,039 adjusted 12316 Carlsbad DR, Austin TX 78738 4bd / 4.0ba • 3,353 sqft • 0.3 mi Sold 1 months ago

$880,261 adjusted 2212 Rimrock DR, Austin TX 78738 4bd / 3.0ba • 2,971 sqft • 0.1 mi Sold 5 months ago

$794,138 adjusted 12452 Fairfax Ridge PL, Austin TX 78738 4bd / 3.0ba • 3,389 sqft • 0.6 mi Sold 11 months ago

$830,720 adjusted 12406 Carlsbad, Austin TX 78738 4bd / 3.0ba • 2,991 sqft • 0.2 mi Sold 8 months ago

$855,168 adjusted 3512 Savoy CT, Austin TX 78738 4bd / 3.0ba • 2,790 sqft • 0.7 mi Sold 3 months ago

Currently on Market

$1,250,000 3310 San Mateo DR, Austin TX 78738 4bd / 3.0ba • 3,389 sqft • 0.7 mi 1 days on market

$1,050,000 12052 Tulare DR, Austin TX 78738 4bd / 4.0ba • 3,339 sqft • 0.4 mi 2 days on market

$1,624,900 11805 Pleasant Panorama VW, Austin TX 78738 4bd / 5.0ba • 3,656 sqft • 0.4 mi 168 days on market

3 Beds

3 Baths 3 Full

3,454 Sq Ft

0.205 Acres

2001 Built

2 Garage

About This Property

Huge Price Reduction! Sellers Motivated & new list price is significantly under recent appraisal value! Wonderful home on quiet cul-de-sac street, backs to the Preserve w/ easy access to trails & offers back yard privacy & beautiful hill country views! Master bath & Kitchen remodeled 2015! Huge Game Room; Downstairs Study; Energy Efficient home features a $26k Solar Energy System, New 50 Yr Roof, Radiant Barrier Insulation, & Tankless Water Heaters! Need a 4th bedroom? Add it easily per original plans.Restrictions: Yes Sprinkler Sys:Yes

Features

Crown Molding
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Pantry
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Lake Pointe

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Solar

Exterior Gutters Full, No Exterior Steps, Private Yard

County Travis

MLS # 1085553

Garage 2 spaces

HOA & Community

HOA Fee $400 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $8,222 (2014)

Listing History

MLS# 1085553 91 days

Feb 25, 2016	Off Market
Feb 25, 2016	Pending
Nov 3, 2015	Price Change	$499,900
May 23, 2015	Listed	$589,900

Frequently Asked Questions About 12121 Lake Stone DR, Austin TX 78738

When was 12121 Lake Stone DR, Austin TX 78738 built?

12121 Lake Stone DR, Austin TX 78738 was built in 2001.

How much does 12121 Lake Stone DR, Austin TX 78738 cost?

12121 Lake Stone DR, Austin TX 78738 sold on February 25, 2016. Contact us for sale price details.

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