Ed's Opinion of Value

$1,152,488 Ed's Estimate: $2,268,457 $3,250,000
Lowest Comp Recommended List: $2,640,000 to $2,661,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $2,268,457. To generate strong buyer interest while maximizing value, I'd price this between $2,640,000 and $2,661,000. In the current SPRING CREEK PRESERVE market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 175 sqft size difference versus comparable sales is reflected in the adjusted values. At 2.49 acres, the lot is larger than the 1.41 acre comp average, which factors into pricing. With 4 similar homes currently listed in SPRING CREEK PRESERVE (a buyer's market), competition is a factor to consider. The trend in 78738 shows prices have risen 0.9% in the past 6 months. 16114 COOL BREEZE CV, Austin TX 78738 nearby adjusts to $2,640,378; with a larger floor plan and a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths 5 Full, 2 Half
5,647 Sq Ft
2.49 Acres
2024 Built
4 Garage

About This Property

New residential construction home to be built by John Siemering Homes. Turnkey home including pool & landscaping. The home is 5|5|4 + 2 half bath, 5647 sq.ft. home was exquisitely designed by Vanguard Studios. This luxury home will be beautifully situated on 2.49 acres which sits on one of the higher points of the neighborhood. It has heritage live oak trees with plenty of space for a family pool/spa/entertainment area. Located in the brand-new community of Spring Creek Preserve, a 17-lot boutique gated community with all the luxuries of being close to Bee Cave shopping. This premier neighborhood is nestled inside the Lake Travis School District and just around the corner from beautiful Lake Travis.

Features

  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Storage
  • Walk-In Closet(s)

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
High School Lake Travis

Property Details

Property Type Land
Flooring See Remarks
Cooling Central Air
Heating Fireplace(s), Hot Water, Natural Gas
Exterior See Remarks
County Travis
MLS # 5805415
Garage 4 spaces

HOA & Community

HOA Fee $300 /Monthly
HOA Includes Common Area Maintenance

Listing History

MLS# 5805415 291 days
Aug 9, 2024 Off Market
Oct 5, 2023 Listed $1,600,000

Frequently Asked Questions About 0 Spring Preserve TRL, Bee Cave TX 78738

When was 0 Spring Preserve TRL, Bee Cave TX 78738 built?

0 Spring Preserve TRL, Bee Cave TX 78738 was built in 2024.

How much does 0 Spring Preserve TRL, Bee Cave TX 78738 cost?

0 Spring Preserve TRL, Bee Cave TX 78738 sold on August 9, 2024. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.