3404 American DR # 2318, Lago Vista TX 78645

Lago Vista, TX 78645 | Island Lake Travis Condo

Ed's Opinion of Value

$494,402 Ed's Estimate: $584,885 $710,125
Lowest Comp Recommended List: $626,000 to $710,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $584,885. I'd recommend coming to market at $626,000 to $710,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78645, this price point stands out as competitive. Being 2,948 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.11 acre lot (larger than the 0.47 acre average) is reflected in the estimate. The trend in 78645 shows prices have fallen 6.4% in the past 6 months. 20632 Highland Lake DR, Lago Vista TX 78645 nearby adjusts to $625,800; with a smaller floor plan. Based on 7 relevant data points in 78645, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
4 Beds
4 Baths
5,540 Sq Ft
1.114 Acres
1987 Built

About This Property

~~~ALL OFFERS MUST BE SUBMITTED BY 12 PM, APRIL 6, 2012~~~~32 Condominium Units Available for Sale to a Single Bulk Purchaser (units are NOT available for individual sale). Units are Located Within The Island on Lake Travis, a 212 Unit Resort Property an Hour Northwest of Austin on Lake Travis, Plus a 63 Slip Marina and Approx. 28 Acres of Land. Tours Will Be Available on Thursday, March 8 at 10, 12 and 2 pm. Also on Tuesday, March 20 at 10, 12 and 2 pm for Prequalified Buyers.Restrictions: Yes

Location

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Stories 3
Cooling Central Air
Heating Central
Exterior Boat Ramp, Boat Slip, Boat Dock - Shared, Boat Dock - Private
County Travis
MLS # 5638222

Tax Information

Annual Taxes (MLS) $104,472 (2011)

Listing History

MLS# 5638222 47 days
May 26, 2017 Off Market
Feb 5, 2017 Listed $999,500

Frequently Asked Questions About 3404 American DR # 2318, Lago Vista TX 78645

When was 3404 American DR # 2318, Lago Vista TX 78645 built?

3404 American DR # 2318, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 2318, Lago Vista TX 78645 cost?

3404 American DR # 2318, Lago Vista TX 78645 sold on May 26, 2017. Contact us for sale price details.

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