5500 Laceback TER, Austin TX 78738

Austin, TX 78738 | Spanish Oaks

Ed's Opinion of Value

$3,780,535 Ed's Estimate: $5,202,827 $6,127,140
Lowest Comp Recommended List: $4,481,000 to $4,491,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $5,202,827. I'd recommend coming to market at $4,481,000 to $4,491,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in SPANISH OAKS, this price positions the property as below the only comparable home currently on the market. This home's larger footprint (3,824 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 3 of 7 comparable homes not offering one. 1 similar homes are currently available in SPANISH OAKS, creating a buyer's market for this price range. The trend in SPANISH OAKS shows prices have fallen 7.8% in the past 6 months. 12625 Maidenhair LN # 27, Bee Cave TX 78738 nearby adjusts to $4,692,375; with a smaller floor plan. Based on 7 relevant data points in SPANISH OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
5 Beds
8 Baths 7 Full, 1 Half
10,094 Sq Ft
0.9998 Acres
2018 Built
4 Garage

About This Property

This guard gated Spanish Oaks residence blends timeless elegance with stylish glamour. A showplace with jaw-dropping features that must be seen to be appreciated. A sophisticated entry creates the ultimate first impression with a 2- story great room that flows into the kitchen, dining room and family room. A Marvin® sliding glass wall provides seamless indoor-outdoor living. The showcase kitchen is anchored by a monumental island and is fitted out with the very best. The ultimate caterer’s prep area and pantry is located just off the kitchen. The main level primary bedroom wing is a luxurious oasis. The primary bath takes luxury to the next level with its timeless white marble heated floors, steam shower, custom cabinetry with under-mount lighting, and two massive fully custom walk-in closets.
A main level guest suite feels like a second primary bedroom and bath with its equally luxurious finishes. Dual sinks and a separate large tub and spacious shower will make any guest feel like a VIP.
The 2nd floor features three unique ensuite bedrooms and the ultimate playroom. An office with its own private entrance could easily be converted into a dreamy guest casita and an oversized 4-car garage is accessed by a gated courtyard. The 1,500+ bottle wine room is so extraordinary; it deserves its own Instagram account! The lower level also features an astonishing vault room, a Trackman 4 golf simulator and a large storage room. Elevator access to all levels. Outdoor entertaining spaces include a large, covered living room and dining area with fireplace, outdoor kitchen, poolside swim-up bar, putting green, large fire-pit, and a wonderful children’s play area. The pool’s dramatic mirror-like surface is created by the knife-edge design and is enhanced by the large hot tub. Entertain at the swim up bar or simply lounge in the shallow tanning ledge. The 1-acre lot was strategically positioned to take advantage of the endless views across the Preserve and beyond.

Property Highlights

Pool Gunite, In Ground, Infinity

Features

  • Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Chandelier
  • Quartz Counters
  • Stone Counters
  • Eat-in Kitchen
  • Elevator
  • Entrance Foyer
  • In-Law Floorplan
  • Kitchen Island
  • Multiple Dining Areas
  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Smart Home
  • Smart Thermostat
  • Sound System
  • Walk-In Closet(s)
  • Wet Bar

Location

Schools

School District Lake Travis ISD
Elementary Lake Pointe
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Stone, Wood
Cooling Central Air
Heating Central, Radiant Floor
Exterior Exterior Steps, Gas Grill, Gutters Full, Lighting
County Travis
MLS # 9804274
Garage 4 spaces

HOA & Community

HOA Fee $1,100 /Quarterly
HOA Includes Common Area Maintenance

Listing History

MLS# 9804274 30 days (24 CDOM)
May 22, 2023 Off Market
Mar 23, 2023 Listed $8,900,000

Frequently Asked Questions About 5500 Laceback TER, Austin TX 78738

When was 5500 Laceback TER, Austin TX 78738 built?

5500 Laceback TER, Austin TX 78738 was built in 2018.

How much does 5500 Laceback TER, Austin TX 78738 cost?

5500 Laceback TER, Austin TX 78738 sold on May 22, 2023. Contact us for sale price details.

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