5505 Driftwood DR, Austin TX 78731

Austin, TX 78731 | Lakewood

Ed's Opinion of Value

$410,240 Ed's Estimate: $1,066,311 $1,401,170
Lowest Comp Recommended List: $1,045,000 to $1,088,000 Highest Comp

Listing History

$5,800 List Price
$1,110,499 Comp Value
1 Price Reductions

This property was listed at $5,800 and withdrawn after 179 days on market. The price was reduced from $6,000 to $5,800. This listing activity factors into the valuation.

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,066,311. If we were to list this property today, I'd recommend a list price in the $1,045,000 to $1,088,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in LAKEWOOD's current inventory. Being built in 1999 (14 years newer than comps) is factored into the value estimate. Lot size matters here: 0.58 acres versus 0.30 for the typical comp. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
4 Beds
3 Baths 3 Full
2,885 Sq Ft
0.5794 Acres
1999 Built
2 Garage

About This Property

DO NOT SOLICIT WITHDRAWN LISTING. Welcome to this stunning custom-built home by renowned architect Marly Porter of Living Architecture, known for beautiful residential spaces as well as One World Theater.Located in the desirable neighborhood of Lakewood Village in Northwest Hills, 5505 Driftwood boasts 2,885sqft of well-designed living space. Inside, you'll be greeted by an open & spacious floor plan that seamlessly blends functionality with elegant finishes. The main living area features high ceilings, large windows, a stunning fireplace and abundant natural light, creating an inviting and bright atmosphere throughout. Features include hardwood floors, a large open kitchen equipped with an island, granite counters, ample storage and gas range perfect to entertain,whether you're preparing a casual meal or hosting a dinner party.The primary suite features a spacious layout, walk-in closet, and en-suite bathroom w/views of the green outdoor space.Three other bedrooms, one of which could be an office/flex room adjacent to the primary suite, allows you to customize the space to suit your specific needs. The unique fun spaces designed by the sole & original owners of the home include several lofts to play or read a book as well as a "secret" room under the stairs.Built with exterior walls of Rastra(styrofoam composite,concrete & steel rebar) provide insulation, weather, fire, termite and rodent resistance with similar touch and feel of stucco. On over half an acre of land with natural landscaping, patio and porch to enjoy your cup of coffee or entertain in a serene oasis. Two-car garage and ample driveway space for parking convenience.This home is a short distance to Bull Creek Park & mins from local parks, & hiking trails. The neighborhood also provides easy access to amenities such as shopping centers, restaurants, and top-rated schools: Doss, Murchison and Anderson.Easy access to 360,183,2222 & Mopac, Arboretum shopping center & 15 minutes to Downtown & the Domain.

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Interior Steps
  • Kitchen Island
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Middle School Murchison
High School Anderson

Property Details

Property Type Residential Lease
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Fireplace(s)
Exterior None
County Travis
MLS # 9941003
Garage 2 spaces

Listing History

MLS# 2234370 162 days
Nov 13, 2023 Off Market
Jun 4, 2023 Listed $1,250,000

Frequently Asked Questions About 5505 Driftwood DR, Austin TX 78731

When was 5505 Driftwood DR, Austin TX 78731 built?

5505 Driftwood DR, Austin TX 78731 was built in 1999.

How much does 5505 Driftwood DR, Austin TX 78731 cost?

5505 Driftwood DR, Austin TX 78731 is currently off market.

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