5920 Lago Vista WAY # 20, Lago Vista TX 78645

Lago Vista, TX 78645 | Overlook Villa North

Ed's Opinion of Value

$69,900 Ed's Estimate: $320,398 $726,079
Lowest Comp Recommended List: $65,000 to $75,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $320,398. Pricing this home between $65,000 and $75,000 would put it in the competitive sweet spot for OVERLOOK VILLA NORTH. This would position the home competitively among 7 active listings in OVERLOOK VILLA NORTH. At 16 years older than typical comps, the 1971 build date influences the valuation. The smaller lot (0.02 acres versus the area average of 0.26) contributes to the valuation. 7 similar homes are currently available in OVERLOOK VILLA NORTH, creating a buyer's market for this price range. Market data shows 78645 prices fallen 5.5% over the last half year. The closest comparable sale, 5916 Lago Vista WAY # B16, Lago Vista TX 78645 at an adjusted $195,795, is a strong comparable. The comp data here (7 sales in OVERLOOK VILLA NORTH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
3 Baths 3 Full
1,452 Sq Ft
0.023 Acres
1971 Built

About This Property

Great investment or first time home. 2 BR 2 bath upstairs with efficiency apartment downstairs. Potential for 2 rental units. Tile Floors, huge kitchen island, open living area with fireplace. Covered 2 car carport. Rooftop deck with views of the Hill Country and community pool. POA includes use of 9 waterfront parks with 4 private boat ramps, private marina, fishing house, and waterfront pavilions/picnic areas.Restrictions: Yes

Features

  • Beamed Ceilings

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, Tile
Cooling Central Air
Heating Central, Electric
Exterior Boat Ramp, Dock, Exterior Steps, Gutters Full
County Travis
MLS # 5086684

HOA & Community

HOA Fee $260 /Monthly
HOA Includes Common Area Maintenance, Insurance

Tax Information

Annual Taxes (MLS) $1,475 (2015)

Listing History

MLS# 5086684 4 days
Feb 11, 2016 Off Market
Jan 28, 2016 Pending
Jan 24, 2016 Listed $84,500

Frequently Asked Questions About 5920 Lago Vista WAY # 20, Lago Vista TX 78645

When was 5920 Lago Vista WAY # 20, Lago Vista TX 78645 built?

5920 Lago Vista WAY # 20, Lago Vista TX 78645 was built in 1971.

How much does 5920 Lago Vista WAY # 20, Lago Vista TX 78645 cost?

5920 Lago Vista WAY # 20, Lago Vista TX 78645 sold on February 11, 2016. Contact us for sale price details.

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