17137 Rocky Ridge RD, Austin TX 78734

Austin, TX 78734 | Travis Southwest

Ed's Opinion of Value

$233,064 Ed's Estimate: $387,105 $850,000
Lowest Comp Recommended List: $379,000 to $395,000 Highest Comp

Listing History

$999,000 List Price
$361,609 Comp Value
1 Price Reductions

This property was listed at $999,000 and withdrawn after 175 days on market. The price was reduced from $1,150,000 to $999,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in TRAVIS SOUTHWEST points to a value of approximately $387,105. To sell within a reasonable timeframe at fair market value, the $379,000 to $395,000 range is where I'd position this. Among the similar homes currently available in TRAVIS SOUTHWEST, this price point stands out as competitive. At 132 sqft smaller than the typical comp, the size difference factors into the valuation. The 1960 construction puts this home 22 years older than the comp average, a factor in the pricing. 7 comparable transactions in TRAVIS SOUTHWEST 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
2 Beds
2 Baths
1,298 Sq Ft
1.44 Acres
1960 Built

About This Property

There is currently a 2 bedroom, 2 bathroom house on the land which has recently been remodeled, tear it down or use it as a guest home and build your dream home on this acreage. Note, this is partially in the flood zone so you will need to build above the current flood level. Also, see the residential listing. Lake Travis AIRBNB INCOME PROPERTY (Great Investment)! This home was built in the mid-'60s and still has that mid-modern charm. Recently remodeled the interior, Complete kitchen remodeled, all new appliances, lighting, granite countertop. Bathrooms have new mud set showers, sinks, and stoles, All new windows, light fixtures, and All-new wood and tile floors, freshly painted on the interior and exterior. Located on 1.5 acres with total privacy which is not heard of for this price with walk-out elevation into Lake Travis. That's right walk out your back door and into the lake Travis, the acreage is very gently sloped. You will find it easy to Spend your evenings on the screened-in patio while enjoying some of the most breathtaking sunset views and mirror-calm water in the morning. Need a FAMILY GETAWAY on Lake Travis? Here is the best thing about this lake property, when you're not there it can be an income property for you. Move-in ready or use this as an income property, VRBO, AIRBNB, Bed & breakfast, or any short-term rental. Currently, that is what this home is being used for. The current seller has had it rented for only a few months but is happy to share balance sheets upon request.

Location

Schools

School District Lake Travis ISD
Elementary Lake Travis
Middle School Hudson Bend
High School Lake Travis

Property Details

Property Type Residential
County Travis
MLS # 7790776

Tax Information

Annual Taxes (MLS) $11,239 (2022)

Listing History

MLS# 2714481 91 days
Dec 21, 2022 Off Market
Sep 21, 2022 Listed $1,200,000

Frequently Asked Questions About 17137 Rocky Ridge RD, Austin TX 78734

When was 17137 Rocky Ridge RD, Austin TX 78734 built?

17137 Rocky Ridge RD, Austin TX 78734 was built in 1960.

How much does 17137 Rocky Ridge RD, Austin TX 78734 cost?

17137 Rocky Ridge RD, Austin TX 78734 is currently off market.

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