7301 Pace Ravine DR, Lago Vista TX 78645

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

Off Market

Exterior view of 7301 Pace Ravine DR, Lago Vista TX 78645

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Ed's Opinion of Value

$499,000 Ed's Estimate: $670,686 $775,000

Lowest Comp Recommended List: $560,000 to $570,000 Highest Comp

My analysis of 4 comparable properties puts this home's estimated value at $670,686. Based on how the local market is moving, a list price between $560,000 and $570,000 would position this home well. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in TESSERA's current inventory. At 5 years newer than typical comps, the 2022 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.23) contributes to the valuation. Right now, 6 similar properties are competing for buyers in TESSERA, listed between $499,000 and $775,000. The 6 month price trend in TESSERA: risen 9.8%. The best comp here is 7507 Pace Ravine DR, Lago Vista TX 78645 at an adjusted value of $657,419, a strong comparable. With 4 comparable sales in TESSERA, 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

TESSERA Market Trends

$477,475 Median Sold Price ▲ 9.8% 6mo

$177/sqft Median $/SqFt ▼ 12.2% 6mo

123 days Avg Days on Market 29 days slower

11 homes Active Inventory 11 mo supply

96.8% Sale-to-List Ratio

6 Sales (6 months)

Recently Sold Comparables

$657,419 adjusted 7507 Pace Ravine DR, Lago Vista TX 78645 5bd / 4.0ba • 3,190 sqft • 0.2 mi Sold 7 months ago

$657,536 adjusted 7906 Turnback Ledge TRL, Lago Vista TX 78645 4bd / 3.0ba • 3,168 sqft • 0.5 mi Sold 2 months ago

$706,697 adjusted 7426 Pace Ravine DR, Lago Vista TX 78645 4bd / 4.0ba • 3,538 sqft • 0.2 mi Sold 6 months ago

$658,039 adjusted 7618 Turnback Ledge TRL, Lago Vista TX 78645 4bd / 4.0ba • 3,221 sqft • 0.3 mi Sold 5 months ago

Currently on Market

$699,000 7607 Pace Ravine DR, Lago Vista TX 78645 4bd / 4.0ba • 3,129 sqft • 0.3 mi 29 days on market

$499,000 8108 Turning Leaf CIR, Lago Vista TX 78645 4bd / 4.0ba • 2,879 sqft • 0.6 mi 319 days on market

$775,000 7409 Turnback Ledge TRL, Lago Vista TX 78645 5bd / 4.0ba • 3,515 sqft • 0.2 mi 210 days on market

4 Beds

4 Baths 3 Full, 1 Half

3,193 Sq Ft

0.2843 Acres

2022 Built

4 Garage

About This Property

The buyers loss is your gain! This beautiful home with 4 bedrooms, 3 full and 1 half bath, gourmet kitchen along with an office and bonus/media room is stunning and offers a new owner a unique opportunity to live in this luxury home in a neighborhood that borders Lake Travis. This home is better than new with the addition of plantation shutters, motorized blinds in the living room and motorized screens enclosing the exterior patio along with epoxy sealed garage floors and the addition of custom cabinets in the garage. The gourmet kitchen has GE Cafe appliances and a 5 burner Whirlpool cooktop along with custom cabinetry and walk in pantry. The primary/master bathroom is phenomenal as well. It boasts 3 vanities, a stand alone bath tub, walk in shower and huge walk in closet. These amenities are duplicated throughout the rest of the home and exude luxury and quality within this home. Come check it out..this one of the few homes in the neighborhood with such close proximity to the community pool and trail access to the lake. This home is all about seeing to believing...don't miss it!

Features

Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Quartz Counters
Double Vanity
Electric Dryer Hookup
French Doors
In-Law Floorplan
Kitchen Island
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Home
Smart Thermostat
Walk-In Closet(s)
Washer Hookup

Location

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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, Heat Pump

Heating Central, Heat Pump

Exterior Exterior Steps

County Travis

MLS # 1110534

Garage 4 spaces

HOA & Community

HOA Fee $76 /Monthly

HOA Includes Common Area Maintenance

Listing History

MLS# 1110534 264 days

Mar 21, 2024	Off Market
Jan 10, 2024	Price Change	$799,990
May 18, 2023	Listed	$825,000

Frequently Asked Questions About 7301 Pace Ravine DR, Lago Vista TX 78645

When was 7301 Pace Ravine DR, Lago Vista TX 78645 built?

7301 Pace Ravine DR, Lago Vista TX 78645 was built in 2022.

How much does 7301 Pace Ravine DR, Lago Vista TX 78645 cost?

7301 Pace Ravine DR, Lago Vista TX 78645 sold on March 21, 2024. Contact us for sale price details.

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Oct 27, 2022	Off Market
Jun 30, 2021	Listed		$965,209