Ed's Opinion of Value

$1,390,893 Ed's Estimate: $1,833,316 $2,200,000
Lowest Comp Recommended List: $1,797,000 to $1,870,000 Highest Comp

Listing History

$2,995,000 List Price
$1,784,912 Comp Value
1 Price Reductions

This property was listed at $2,995,000 and expired after 105 days on market. The price was reduced from $3,079,000 to $2,995,000. This listing activity factors into the valuation.

Based on 6 closed sales in 78738, the data points to a value around $1,833,316 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,797,000 to $1,870,000. This home's position in the current 78738 market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (307 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2024 (8 years newer than comps) is factored into the value estimate. The strength of this estimate comes from 6 directly comparable sales in 78738. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
5 Beds
7 Baths
4,905 Sq Ft
0.71 Acres
2024 Built

About This Property

Luxury, water access lot in the sought after gated community of The Peninsula in Rough Hollow. Oasis lake living! This homesite has beautiful views of Lake Travis and a private community dock! Enjoy the endless amazing amenities Rough Hollow has to offer and the lot is zoned to highly desirable LTISD.Restrictions: Yes

Location

Schools

School District Lake Travis ISD
Elementary Serene Hills
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Heating None
Exterior Boat Dock - Shared, Lake, Restricted Access
County Travis
MLS # 6852386

HOA & Community

HOA Fee $336 /Monthly
HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $6,437 (2019)

Listing History

MLS# 6852386 105 days
Aug 14, 2024 Off Market
May 1, 2024 Listed $3,295,000
Aug 15, 2019 Price Change $2,995,000

Frequently Asked Questions About 607 Schickel TER, Austin TX 78738

When was 607 Schickel TER, Austin TX 78738 built?

607 Schickel TER, Austin TX 78738 was built in 2024.

How much does 607 Schickel TER, Austin TX 78738 cost?

607 Schickel TER, Austin TX 78738 is currently off market.

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