3500 Wellspring DR, Bee Cave TX 78738

Off Market

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Ed's Opinion of Value

$1,180,622 Ed's Estimate: $1,403,187 $1,820,938

Lowest Comp Recommended List: $1,730,000 to $1,821,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,403,187. I'd recommend coming to market at $1,730,000 to $1,821,000 to strike the right balance between value and market velocity. Among the similar homes currently available in UPLANDS, this price point stands out as competitive. At 268 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in UPLANDS, listed between $1,250,000 and $2,200,000. The trend in 78738 shows prices have fallen 0.7% in the past 6 months. 11606 Uplands Ridge DR, Bee Cave TX 78738 nearby adjusts to $1,180,622; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78738 Market Trends

$859,338 Median Sold Price ▼ 0.7% 6mo

$273/sqft Median $/SqFt ▼ 3.2% 6mo

62 days Avg Days on Market 12 days faster

257 homes Active Inventory 5.2 mo supply

96.7% Sale-to-List Ratio

298 Sales (6 months)

Recently Sold Comparables

$1,180,622 adjusted 11606 Uplands Ridge DR, Bee Cave TX 78738 4bd / 4.0ba • 3,708 sqft • 0.3 mi Sold 7 months ago

$1,820,938 adjusted 1632 Resaca BLVD, Austin TX 78738 5bd / 4.0ba • 4,256 sqft • 1.2 mi Sold 2 months ago

$1,281,166 adjusted 1715 Palisades Pointe LN, Austin TX 78738 5bd / 4.0ba • 4,260 sqft • 1.2 mi Sold 5 months ago

Currently on Market

$1,795,000 11710 Uplands Ridge DR, Austin TX 78738 5bd / 4.0ba • 4,086 sqft • 0.1 mi 97 days on market

$1,250,000 12007 Colleyville DR, Bee Cave TX 78738 4bd / 3.0ba • 3,343 sqft • 0.4 mi 1 days on market

$1,725,000 1901 Sea Eagle VW, Austin TX 78738 4bd / 5.0ba • 3,466 sqft • 1 mi 55 days on market

4 Beds

4 Baths 4 Full

3,807 Sq Ft

0.508 Acres

2001 Built

3 Garage

About This Property

Bright and Open floor plan. The main floor includes Master bedroom and bath, 2 additional bedrooms with jack and jill bath, and Executive office with full bath. 2nd floor has gameroom, bedroom and full bath. This home feels like a one story with a bonus area upstairs. Beautiful corner lot with a circular drive in front and side entry 3 car garage. Tropical backyard with pool hot tub outdoor kitchen and a fire pit, plus mounts for outdoor flat screens. In addition a walk in 100+ bottle wine cooler. Sprinkler Sys:Yes

Property Highlights

Pool In Ground

Features

Bookcases
Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main

Location

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Schools

School District Lake Travis ISD

Elementary Lake Pointe

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 2449451

Parking

Garage 3 spaces

HOA & Community

HOA Fee $675 /Annually

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes $11,586 (2016)

Listing History

MLS# 2449451 125 days

Nov 10, 2016	Off Market
Oct 13, 2016	Pending
Sep 24, 2016	Price Change	$760,000
Jun 10, 2016	Listed	$799,500

Frequently Asked Questions About 3500 Wellspring DR, Bee Cave TX 78738

When was 3500 Wellspring DR, Bee Cave TX 78738 built?

3500 Wellspring DR, Bee Cave TX 78738 was built in 2001.

How much does 3500 Wellspring DR, Bee Cave TX 78738 cost?

3500 Wellspring DR, Bee Cave TX 78738 sold on November 10, 2016. Contact us for sale price details.

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Jul 28, 2011	Off Market
Jun 3, 2011	Listed		$725,000