20568 Highland Lake DR, Lago Vista TX 78645

Lago Vista, TX 78645 | Highland Lake Estates

Ed's Opinion of Value

$431,542 Ed's Estimate: $544,263 $1,450,000
Lowest Comp Recommended List: $1,112,000 to $1,272,000 Highest Comp
The comparable sales data (7 recent transactions in HIGHLAND LAKE ESTATES) supports an estimated value of $544,263. The data suggests a list price between $1,112,000 and $1,272,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 7 active listings in HIGHLAND LAKE ESTATES. The larger floor plan (1,494 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1983 (13 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in HIGHLAND LAKE ESTATES, listed between $849,000 and $2,950,000. Prices in HIGHLAND LAKE ESTATES have risen 0% over the last 6 months. A similar home at 20632 Highland Lake DR, Lago Vista TX 78645 carries an adjusted comparable value of $567,716, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HIGHLAND LAKE ESTATES. 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
3 Beds
4 Baths 3 Full, 1 Half
4,131 Sq Ft
0.31 Acres
1983 Built
3 Garage

About This Property

PRICE REDUCTION!!!!!!! Due to unforeseen health issues owners are needing to move to a retirement home. If you know Lago Vista, you know it's one of the Texas Hill Country's premier Lakeside Resort Communities on the North end of Lake Travis. Minutes from Cedar Park, Austin, and the Lake LBJ communities of Horseshoe Bay and Marble Falls, this Custom home was originally built for the former Mayor of Lago Vista in 1983. Numerous updates and enhancements made by current owners have created a wonderful retreat for those looking for a destination home that is ready for investment buyers, retirees, or even 2nd home vacationers. The home sits atop a hill, providing picturesque views of the lake, and butting up to the #1 tee box of the frisbee golf/golf course, events center club house, and The Grille Restaurant. There are 350 acres of recreational amenities, including 9 parks, 6 party pavilions, 5 playgrounds, 4 boat ramps, a marina, RV campground, swimming pool, and so much more. Holy cow, are you salivating yet? This 2 story home boasts of an enormous great room with beautiful rock fireplace, opening to a cool and comfortable front viewing porch, and lined with picture windows for views of the lake and golf course. The wrap around upper balcony on the home's backside overlooks a huge courtyard surrounded by rock features, landscaping and 2 Fire pit areas, all perfect for relaxing or hosting parties and backyard barbecues. 2 Master suites/full baths on the main level and an in-law suite/full bath, den and office downstairs, make this a perfect personal or vacation home you must come see before it's too late.

Features

  • 2 Primary Baths
  • 2 Primary Suites
  • Bar
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Beamed Ceilings
  • High Ceilings
  • Vaulted Ceiling(s)
  • Central Vacuum
  • Granite Counters
  • Entrance Foyer
  • Intercom
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Track Lighting
  • Walk-In Closet(s)
  • Washer Hookup
  • Wet Bar

Location

Schools

School District Lago Vista ISD
Elementary Lago Vista
Middle School Lago Vista
High School Lago Vista

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Attic Fan, Ceiling Fan(s), Central Air
Heating Central, Exhaust Fan, Fireplace(s), Hot Water
Exterior Balcony, Uncovered Courtyard, Exterior Steps
County Travis
MLS # 5263862
Garage 3 spaces

HOA & Community

HOA Fee $150 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 5263862 88 days
Jan 7, 2022 Off Market
Nov 15, 2021 Price Change $725,000
Aug 29, 2021 Listed $882,950

Frequently Asked Questions About 20568 Highland Lake DR, Lago Vista TX 78645

When was 20568 Highland Lake DR, Lago Vista TX 78645 built?

20568 Highland Lake DR, Lago Vista TX 78645 was built in 1983.

How much does 20568 Highland Lake DR, Lago Vista TX 78645 cost?

20568 Highland Lake DR, Lago Vista TX 78645 sold on January 7, 2022. Contact us for sale price details.

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