Ed's Opinion of Value

$1,672,800 Ed's Estimate: $2,348,285 $4,758,796
Lowest Comp Recommended List: $3,065,000 to $3,783,000 Highest Comp
After reviewing 7 recent transactions in HILLS LOST CREEK, I estimate this property's value at $2,348,285. A competitive list price for this home right now would fall in the $3,065,000 to $3,783,000 range. This home's position in the current HILLS LOST CREEK market: the most affordable of 3 comparable homes on the market among comparable properties. This home's larger footprint (410 sqft vs the comp average) plays a role in how the market prices it. At 26 years newer than typical comps, the 2023 build date influences the valuation. Right now, 3 similar properties are competing for buyers in HILLS LOST CREEK, listed between $3,770,487 and $4,758,796. Prices in 78746 have risen 6.5% over the last 6 months. A similar home at 5801 Fox Chapel DR, Austin TX 78746 carries an adjusted comparable value of $2,468,725, providing a strong data point. With 7 comparable sales in HILLS LOST CREEK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
5 Beds
6 Baths 4 Full, 1 Half
4,507 Sq Ft
0.3747 Acres
2023 Built
2 Garage

About This Property

Situated on a tree-covered .37 acre greenbelt lot, this 5-bedroom, 5.5-bathroom home boasts a fantastic functional floor plan and panoramic views of the Barton Creek Greenbelt from an elevated lot, with convenient access to the creek and hiking trails. Watch the sunrise over the Barton Creek Greenbelt from the gorgeous, resort-style pool and spa, or from the spacious deck perched in the trees overlooking the backyard. Natural light pours into the open-concept living room, dining and kitchen through the wall of windows that showcases stunning northeast facing views of the pool and greenbelt. The state-of-the-art kitchen is an entertainer's dream, boasting Thermador appliances, a custom stucco range hood, shaker cabinetry and a large natural-stone quartzite waterfall island, complete with bar seating and a supersized walk-in pantry. Custom features include European white-oak flooring, Circa Lighting, mosaic tile, luxe hardware and finishes and a gorgeous cast stone surround fireplace. The primary suite is generously sized with vaulted ceilings, wood beam accents, spa-like bathroom with marble floors and walk-in shower, soaking tub and quartz countertops and walk-in closet space. Special features like a ground floor guest suite, wet bar in the living room, outdoor kitchen, additional second floor laundry room, and a dedicated home office designed for the modern work-from-home lifestyle. This home is a true Hill Country sanctuary, and feeds to highly sought-after Eanes ISD. The Lost Creek is minutes from Westlake-area shopping and dining, and is located just 10 minutes from downtown, and 15 minutes from Bee Caves for additional shopping and dining opportunities. In-neighborhood amenities include Barton Creek Greenbelt hiking access and HOA hiking trails, playground, parks, food trucks and option to join Lost Creek Country Club (golf, tennis, pickle ball, pool, kids club and more). Images are artistic renderings. Estimated completion June 2023.

Property Highlights

Pool In Ground, Outdoor Pool, Private

Features

  • High Ceilings
  • Quartz Counters
  • Double Vanity
  • Kitchen Island
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar

Location

Schools

School District Eanes ISD
Elementary Forest Trail
Middle School West Ridge
High School Westlake

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps, Gas Grill, Outdoor Grill, Private Yard, See Remarks
County Travis
MLS # 2548583
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $12,729 (2022)

Listing History

MLS# 2548583 77 days
Nov 30, 2023 Off Market
Aug 2, 2023 Listed $3,950,000

Frequently Asked Questions About 1603 Bay Hill DR, Austin TX 78746

When was 1603 Bay Hill DR, Austin TX 78746 built?

1603 Bay Hill DR, Austin TX 78746 was built in 2023.

How much does 1603 Bay Hill DR, Austin TX 78746 cost?

1603 Bay Hill DR, Austin TX 78746 sold on November 30, 2023. Contact us for sale price details.

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