203 Majestic Arroyo WAY, Austin TX 78738

Austin, TX 78738 | Rough Hollow | Built by GH Reserves Luxury Homes

Off Market

Exterior view of 203 Majestic Arroyo WAY, Austin TX 78738

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Ed's Opinion of Value

$802,254 Ed's Estimate: $968,783 $1,599,000

Lowest Comp Recommended List: $1,262,000 to $1,303,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $968,783. To generate strong buyer interest while maximizing value, I'd price this between $1,262,000 and $1,303,000. Among the similar homes currently available in ROUGH HOLLOW, this price point stands out as competitive. This home's larger footprint (269 sqft vs the comp average) plays a role in how the market prices it. At 0.33 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in ROUGH HOLLOW, listed between $899,000 and $1,600,000. The trend in ROUGH HOLLOW shows prices have fallen 1.1% in the past 6 months. 207 Coopers Crown LN, Austin TX 78738 nearby adjusts to $802,254; a strong comparable. 6 comparable transactions in ROUGH HOLLOW 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

ROUGH HOLLOW Market Trends

$877,500 Median Sold Price ▼ 1.1% 6mo

$306/sqft Median $/SqFt ▲ 9.7% 6mo

78 days Avg Days on Market 8 days faster

23 homes Active Inventory 4.1 mo supply

96.9% Sale-to-List Ratio

34 Sales (6 months)

Recently Sold Comparables

$802,254 adjusted 207 Coopers Crown LN, Austin TX 78738 4bd / 4.0ba • 3,989 sqft • 0.2 mi Sold 3 months ago

$915,105 adjusted 205 Agave Bloom CV, Austin TX 78738 4bd / 4.0ba • 4,106 sqft • 0.2 mi Sold 11 months ago

$938,195 adjusted 403 Baldovino SKWY, Austin TX 78738 4bd / 5.0ba • 3,216 sqft • 0.4 mi Sold 10 months ago

$1,303,342 adjusted 158 Baldovino SKWY, Lakeway TX 78738 4bd / 4.0ba • 3,772 sqft • 0.8 mi Sold 10 months ago

$984,231 adjusted 220 Tavish TRL, Lakeway TX 78738 4bd / 4.0ba • 3,209 sqft • 0.3 mi Sold 3 months ago

Currently on Market

$1,599,000 305 Enchanted Hilltop WAY, Austin TX 78738 4bd / 4.0ba • 4,140 sqft • 0.2 mi 216 days on market

$1,149,000 105 Aruba CT, Lakeway TX 78734 4bd / 4.0ba • 4,082 sqft • 1.1 mi 40 days on market

$899,000 512 Summer Wilson CV, Austin TX 78738 4bd / 5.0ba • 3,329 sqft • 0.3 mi 56 days on market

3 Beds

5 Baths 3 Full, 2 Half

3,913 Sq Ft

0.332 Acres

2014 Built

3 Garage

About This Property

Oversized cul-de-sac lot! 3 beds; 3 full bath + 2 powder baths; 2-story family room; Media room w/ wet bar; Covered balcony & patio. A total of 882 sq. ft. outdoor living space + 3 car garage! The great room & gourmet kitchen maximize the views and incorporate indoor and outdoor living for entertaining. Private guest suite & secondary bedroom are on the first floor, each with its own adjoining bath. Game room overlooks the great room & leads to a covered balcony with Hill Country views for miles.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
Coffered Ceiling(s)
High Ceilings
Entrance Foyer
Multiple Dining Areas
Pantry
Primary Bedroom on Main
Walk-In Closet(s)
Wet Bar
Wired for Sound

Location

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Schools

School District Lake Travis ISD

Elementary Serene Hills

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Stone, Tile

Cooling Central Air

Heating Heat Pump

Exterior Private Dock, Private Yard

County Travis

MLS # 5144787

Garage 3 spaces

HOA & Community

HOA Fee $186 /Monthly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $2,306 (2013)

Listing History

MLS# 5144787 291 days (605 CDOM)

Aug 31, 2016	Off Market
Jul 11, 2016	Pending
Jun 28, 2016	Price Change	$769,000
Sep 24, 2015	Listed	$869,000

Frequently Asked Questions About 203 Majestic Arroyo WAY, Austin TX 78738

When was 203 Majestic Arroyo WAY, Austin TX 78738 built?

203 Majestic Arroyo WAY, Austin TX 78738 was built in 2014.

How much does 203 Majestic Arroyo WAY, Austin TX 78738 cost?

203 Majestic Arroyo WAY, Austin TX 78738 sold on August 31, 2016. Contact us for sale price details.

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