1505 Lancer LN, Austin TX 78733

Austin, TX 78733 | Tin Lake Hills

Ed's Opinion of Value

$420,000 Ed's Estimate: $773,874 $1,275,000
Lowest Comp Recommended List: $502,000 to $512,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $773,874. To generate strong buyer interest while maximizing value, I'd price this between $502,000 and $512,000. Among the similar homes currently available in TIN LAKE HILLS, this price point stands out as competitive. This home's smaller footprint (243 sqft vs the comp average) plays a role in how the market prices it. The 1979 construction puts this home 11 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in TIN LAKE HILLS, ranging from $420,000 to $1,275,000. The trend in TIN LAKE HILLS shows prices have fallen 27.3% in the past 6 months. 1215 Olympus DR, Austin TX 78733 nearby adjusts to $796,741; a strong comparable. The 4 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
4 Beds
3 Baths 3 Full
2,050 Sq Ft
0.2706 Acres
1979 Built
2 Garage

About This Property

EANES ISD! LIGHT AND BRIGHT! CLEAN!! MOVE IN READY!! Great for BNBs!! This amazing 2050 sq.ft. well maintained 4 bedroom 3 bath Cottage style home is filled with natural light and surrounded by mature oaks on .27 acres. With a Lovely Large master bedroom, a Spacious and airy living area with wood floors, a cozy sun room and more bedrooms all under a low maintenance metal roof! The back yard is enclosed with large partially covered back deck and separate patio with metal pergola great for entertaining and relaxing. This is a great investment opp. for 2 rental units and possibly add in more on property!! The multi purposed living arrangements could include: Main living home area 3/2 with attached apartment, for multi-generational living, mother in law plan or rental unit! The enclosed apartment is one bedroom one bath / adorable living / cute kitchen / laundry hookups and private entrance! for a total of 4/3 Home also comes with a detached room that can be used as bedroom/studio/office! Large 2 car garage and driveway allow for plenty of room for boat or RV parking or even possibly rental units. This diverse neighborhood has Minimal restrictions and is Rental Friendly!! Relaxed lake and hill country vibe, South Austin Style. Minutes from Westlake, Bee Caves and Hill Country Galleria. Optional HOA membership (possible waitlist) includes community Pool, Lake Austin access, boat ramp/dock, fishing, swimming, Beach area, ball court and park only 1.7 miles away. Several parks, walking trails, shopping conveniences, restaurants and entertainment within minutes! Low Tax Rate!! Buyer to verify all information for accuracy. (Large Propane Tank, Gas Heater, draperies and rods excluded). MUST SEE!! VERY NICE HOME FOR GREAT PRICE IN WESTLAKE HIGH/EANES ISD!

Features

  • Ceiling Fan(s)
  • Gas Dryer Hookup
  • In-Law Floorplan
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Parquet, Vinyl, Wood, See Remarks
Cooling Ceiling Fan(s), Central Air, Wall/Window Unit(s)
Heating See Remarks
Exterior Private Entrance, Private Yard
County Travis
MLS # 3498799

Parking

Garage 2 spaces

Tax Information

Annual Taxes $3,154 (2023)

Listing History

MLS# 3498799 119 days (116 CDOM)
Oct 30, 2024 Off Market
Aug 13, 2024 Price Change $499,900
Jun 27, 2024 Listed $549,900

Frequently Asked Questions About 1505 Lancer LN, Austin TX 78733

When was 1505 Lancer LN, Austin TX 78733 built?

1505 Lancer LN, Austin TX 78733 was built in 1979.

How much does 1505 Lancer LN, Austin TX 78733 cost?

1505 Lancer LN, Austin TX 78733 sold on October 30, 2024. Contact us for sale price details.

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