16702 Forest WAY, Austin TX 78734

Austin, TX 78734 | Hudson Bend Colony

Off Market

Exterior view of 16702 Forest WAY, Austin TX 78734

Additional photos available to registered users

Ed's Opinion of Value

$577,530 Ed's Estimate: $835,775 $1,775,000

Lowest Comp Recommended List: $819,000 to $852,000 Highest Comp

Listing History

$2,500,000 List Price

$766,432 Comp Value

1 Price Reductions

This property was listed at $2,500,000 and withdrawn after 270 days on market. The price was reduced from $2,995,000 to $2,500,000. This listing activity factors into the valuation.

7 recent sales in the surrounding area of this address suggest a current value of $835,775. My recommended list price range for this property would be $819,000 to $852,000. With 5 comparable homes on the market in HUDSON BEND COLONY, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. This home's larger footprint (447 sqft vs the comp average) plays a role in how the market prices it. Built in 1988, this home is 7 years older than the average comp, which is reflected in the adjustments. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78734 Market Trends

$650,000 Median Sold Price ▼ 6.8% 6mo

$273/sqft Median $/SqFt ▼ 3.7% 6mo

86 days Avg Days on Market unchanged

264 homes Active Inventory 9.4 mo supply

96.1% Sale-to-List Ratio

168 Sales (6 months)

Recently Sold Comparables

$1,015,931 adjusted 6005 Hudson Bend RD, Austin TX 78734 3bd / 3.0ba • 2,731 sqft • 0.5 mi Sold 9 months ago

$589,545 adjusted 16301 Forest WAY, Austin TX 78734 3bd / 3.0ba • 1,768 sqft • 0.5 mi Sold 5 months ago

$577,530 adjusted 5604 Hudson Bend RD, Austin TX 78734 4bd / 3.0ba • 2,048 sqft • 0.7 mi Sold 7 months ago

$619,400 adjusted 2909 Lawrence DR, Austin TX 78734 3bd / 3.0ba • 2,886 sqft • 3 mi Sold 5 months ago

$671,672 adjusted 16308 Sydney Carol LN, Austin TX 78734 4bd / 4.0ba • 3,192 sqft • 1.6 mi Sold 4 months ago

Currently on Market

$1,775,000 5224 Mccormick Mountain DR, Austin TX 78734 3bd / 3.0ba • 2,898 sqft • 1.8 mi 1 days on market

$858,858 4748 Eck LN, Austin TX 78734 4bd / 4.0ba • 3,566 sqft • 1.4 mi 3 days on market

$975,000 17226 Rocky Ridge RD, Austin TX 78734 4bd / 3.0ba • 2,974 sqft • 1 mi 22 days on market

3 Beds

2 Baths 2 Full

3,135 Sq Ft

1.585 Acres

1988 Built

2 Garage

About This Property

Incredible location on Lake Travis with great access via RR 620. Lake Travis ISD.

Gently sloping 1.58 +/- acre property to very Deepwater on main body of lake, only 35 minutes to downtown Austin.

Currently two homes on property in good condition, paved boat ramp into deep water, very nice, useable lawn. Light restrictions and Short Term Rental possibilities.

Magnificent build site with large century old oak trees. Boat dock allowed. Phenomenal lake views. Nice area of multi million dollar homes and some weekend getaways.

Features

2 Primary Baths
Bookcases
Ceiling Fan(s)
Double Vanity
Electric Dryer Hookup
Kitchen Island
Natural Woodwork
Pantry
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Storage
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Lake Travis

Middle School Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric, Fireplace(s), Wood

Exterior Boat Ramp, Exterior Steps, Gutters Full, Lighting

County Travis

MLS # 3707778

Garage 2 spaces

HOA & Community

HOA Fee $40 /Annually

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $5,326 (2022)

Listing History

MLS# 3707778 270 days

May 2, 2023	Off Market
Dec 20, 2022	Price Change	$2,500,000
Jun 21, 2022	Listed	$3,450,000

Frequently Asked Questions About 16702 Forest WAY, Austin TX 78734

When was 16702 Forest WAY, Austin TX 78734 built?

16702 Forest WAY, Austin TX 78734 was built in 1988.

How much does 16702 Forest WAY, Austin TX 78734 cost?

16702 Forest WAY, Austin TX 78734 is currently off market.

Similar Properties

$1,799,950 2206 Parkway, Austin TX 78703 3 bd | 2 ba

$1,850,000 17019 Rocky Ridge RD, Austin TX 78734 3 bd | 2 ba

$1,775,000 5224 Mccormick Mountain DR, Austin TX 78734 3 bd | 3 ba

$1,775,000 3112 Clawson RD, Austin TX 78704 3 bd | 3 ba

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