8 Tournament WAY # 15, Austin TX 78738

Austin, TX 78738 | Guest Quarters Of Academy Plac

Ed's Opinion of Value

$152,255 Ed's Estimate: $325,865 $499,900
Lowest Comp Recommended List: $422,000 to $453,000 Highest Comp
Based on 7 closed sales in GUEST QUARTERS OF ACADEMY PLAC, the data points to a value around $325,865 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $422,000 to $453,000. Relative to what's currently available in GUEST QUARTERS OF ACADEMY PLAC, this home would be the most affordable of 3 comparable homes on the market. The smaller floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1982 (6 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in GUEST QUARTERS OF ACADEMY PLAC, listed between $390,000 and $499,900. Market data shows 78738 prices risen 3.1% over the last half year. The closest comparable sale, 16 Tournament WAY # 19, The Hills TX 78738 at an adjusted $452,657, is with a larger floor plan. 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
2 Beds
3 Baths 2 Full, 1 Half
1,407 Sq Ft
0.089 Acres
1982 Built

About This Property

This condo is located in The Hills, a quiet, gated, golf course community. Recent updates include new fixtures, granite countertops, flooring, tiled fireplace, new AC unit, fresh paint and furniture. All furniture is included in the sale. There is significant opportunity to generate income from this unit since short term rentals are allowed by HOA. Minimum club membership dues of $121/month is required. Higher dues with golf memberships.Restrictions: Yes

Features

  • 2 Primary Suites
  • Breakfast Bar
  • Interior Steps
  • Track Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 3221757

HOA & Community

HOA Fee $724 /Quarterly
HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure

Tax Information

Annual Taxes (MLS) $4,500 (2016)

Listing History

MLS# 3221757 13 days
Nov 18, 2016 Off Market
Oct 18, 2016 Pending
Oct 5, 2016 Listed $229,000

Frequently Asked Questions About 8 Tournament WAY # 15, Austin TX 78738

When was 8 Tournament WAY # 15, Austin TX 78738 built?

8 Tournament WAY # 15, Austin TX 78738 was built in 1982.

How much does 8 Tournament WAY # 15, Austin TX 78738 cost?

8 Tournament WAY # 15, Austin TX 78738 sold on November 18, 2016. Contact us for sale price details.

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