3404 American DR # 1318, Lago Vista TX 78645

Off Market

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Ed's Opinion of Value

$255,339 Ed's Estimate: $299,581 $330,545

Lowest Comp Recommended List: $242,000 to $252,000 Highest Comp

After reviewing 3 recent transactions in ISLAND, I estimate this property's value at $299,581. A competitive list price for this home right now would fall in the $242,000 to $252,000 range. This pricing would rank the home as the most expensive of 3 comparable homes on the market in ISLAND's current inventory. 3 similar homes are currently available in ISLAND, creating a buyer's market for this price range. Prices in ISLAND have risen 24% over the last 6 months. A similar home at 3404 American DR # 1105, Lago Vista TX 78645 carries an adjusted comparable value of $330,545, providing a strong data point. With 3 comparable sales in ISLAND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

ISLAND Market Trends

$365,000 Median Sold Price ▲ 24% 6mo

$304/sqft Median $/SqFt ▲ 28.5% 6mo

244 days Avg Days on Market 142 days slower

27 homes Active Inventory 54 mo supply

90.7% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$330,545 adjusted 3404 American DR # 1105, Lago Vista TX 78645 2bd / 2.0ba • 1,203 sqft • 0.1 mi Sold 1 months ago

$296,705 adjusted 1503 Emerald RD, Lago Vista TX 78645 2bd / 1.0ba • 1,267 sqft • 1.5 mi Sold 7 months ago

$255,339 adjusted 21718 Ticonderoga Ave, Lago Vista TX 78645 3bd / 2.0ba • 1,258 sqft • 0.5 mi Sold 9 months ago

Currently on Market

$299,000 3404 American DR # 3208, Lago Vista TX 78645 2bd / 2.0ba • 1,188 sqft • 0.1 mi 383 days on market

$265,500 3404 American DR # 3118, Lago Vista TX 78645 2bd / 2.0ba • 1,203 sqft • 0.1 mi 33 days on market

$319,000 3404 American DR # 1308, Lago Vista TX 78645 2bd / 2.0ba • 1,215 sqft • 0.1 mi 33 days on market

2 Beds

2 Baths 2 Full

1,188 Sq Ft

0.243 Acres

1987 Built

About This Property

AC due to the Pending purchase contract on the condo. Condo in spectacular condition and tons of upgrades. Beautiful kitchen with granite countertops and stainless steel appliances. Pergo floors and open floorplan. Extraordinary bathrooms with wonderful tile work. Perfect for investment. elegant and world-class resort community that offers private marina with slips, lake access, swimming pools, a fitness center, tennis courts, shuffle board courts, fishing pier and much more. ACCESS INFO IN ATTACHMENT.

Features

Multiple Dining Areas
Primary Bedroom on Main

Location

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Schools

School District Lago Vista ISD

Middle School Lago Vista

High School Other

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 6995917

Listing History

MLS# 6995917 194 days

Dec 30, 2011	Off Market
Aug 30, 2011	Price Change	$149,900
May 28, 2011	Listed	$159,900

MLS# 5115987 153 days

Dec 20, 2011	Off Market
Jul 20, 2011	Listed		$1,600

MLS# 2077452 121 days

May 9, 2008	Off Market
Dec 11, 2007	Listed		$162,000

Frequently Asked Questions About 3404 American DR # 1318, Lago Vista TX 78645

When was 3404 American DR # 1318, Lago Vista TX 78645 built?

3404 American DR # 1318, Lago Vista TX 78645 was built in 1987.

How much does 3404 American DR # 1318, Lago Vista TX 78645 cost?

3404 American DR # 1318, Lago Vista TX 78645 sold on December 30, 2011. Contact us for sale price details.

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