7201 Pace Ravine DR, Lago Vista TX 78645

Lago Vista, TX 78645 | Tessera | Built by Highland Homes

Ed's Opinion of Value

$599,000 Ed's Estimate: $659,494 $775,000
Lowest Comp Recommended List: $691,000 to $702,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $659,494. I'd recommend coming to market at $691,000 to $702,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in TESSERA. The larger floor plan (224 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.32 acre lot (larger than the 0.24 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TESSERA; a buyer's market based on recent absorption. The trend in TESSERA shows prices have risen 9.8% in the past 6 months. 7906 Turnback Ledge TRL, Lago Vista TX 78645 nearby adjusts to $662,691; with a smaller floor plan. 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
4 Beds
3 Baths 3 Full
3,417 Sq Ft
0.3174 Acres
2016 Built
4 Garage

About This Property

MLS# 7988691 - Built by Highland Homes - Ready now! ~ Beautiful home, with an awesome view of Lake Travis. Within walking distance of invisible edge community pool. Study has built-in shelves, Utility room has sink. Large kitchen opens to huge family room with soaring beamed ceilings and fireplace. Extensive wood flooring and a large outdoor living area.Restrictions: Yes Sprinkler Sys:Yes

Features

  • Bookcases
  • Beamed Ceilings
  • Cathedral Ceiling(s)
  • High Ceilings
  • Entrance Foyer
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

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, Wood
Cooling Central Air
Heating Central
Exterior Gutters Partial, Pest Tubes in Walls
County Travis
MLS # 7988691
Garage 4 spaces

HOA & Community

HOA Fee $480 /Annually
HOA Includes Common Area Maintenance

Listing History

MLS# 7988691 4 days
Sep 29, 2016 Off Market
Jul 29, 2016 Pending
Jul 25, 2016 Listed $553,838

Frequently Asked Questions About 7201 Pace Ravine DR, Lago Vista TX 78645

When was 7201 Pace Ravine DR, Lago Vista TX 78645 built?

7201 Pace Ravine DR, Lago Vista TX 78645 was built in 2016.

How much does 7201 Pace Ravine DR, Lago Vista TX 78645 cost?

7201 Pace Ravine DR, Lago Vista TX 78645 sold on September 29, 2016. Contact us for sale price details.

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