Ed's Opinion of Value

$394,900 Ed's Estimate: $538,905 $861,127
Lowest Comp Recommended List: $368,000 to $378,000 Highest Comp
The market data from 7 similar recent sales in LAGO VISTA ESTATES points to a value of approximately $538,905. To sell within a reasonable timeframe at fair market value, the $368,000 to $378,000 range is where I'd position this. In the current LAGO VISTA ESTATES market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 158 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2023 construction puts this home 14 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in LAGO VISTA ESTATES, listed between $375,000 and $485,000. In LAGO VISTA ESTATES, home values have fallen approximately 25.2% over the past 6 months. One of the strongest data points is 20904 Northland DR, Lago Vista TX 78645, adjusting to $603,608; with a smaller floor plan. 7 comparable transactions in LAGO VISTA ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,108 Sq Ft
0.7357 Acres
2023 Built
2 Garage

About This Property

Legitimate 1% credit towards closing and or rate buy down . Brand new construction, views, on a RARE 3/4 acre lot! Low 2.2% tax rate. Short-term (STR) rentals allowed. This STUNNING single-story home sits high on the hill offering exclusive privacy and views of the hill country. As you enter the home you are greeted with soaring cathedral ceilings and an abundance of natural light. The main space includes a dedicated office with glass doors, a dining room area, a LUXURIOUS living room with cedar beam cathedral ceilings, and an electric fireplace to complete the space. Oversized windows look into your private backyard that will be the envy of your friends and family. Plans have been created for a future pool and can be offered with the sale of the home. The primary bedroom offers a SPA-INSPIRED en-suite bathroom with a large walk-in closet. Thoughtfully chosen finishes include quartz countertops, a custom 8 ft entry door, matte black hardware, and gorgeous tilework throughout. You will adore this property the moment you see it - make it yours today! The seller is willing to financially contribute over the next 2 years to help buy down the rate with a preferred lender. 1% credit when using preferred lender that won't come out of the rate!

Features

  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • Chandelier
  • Quartz Counters
  • High Speed Internet
  • Multiple Dining Areas
  • Natural Woodwork
  • Primary Bedroom on Main
  • Smart Thermostat
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • See Remarks

Location

Schools

School District Lago Vista ISD
Elementary Lago Vista
Middle School Lago Vista
High School Lago Vista

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood, See Remarks
Cooling Central Air, ENERGY STAR Qualified Equipment, Heat Pump, Other
Heating Central, ENERGY STAR Qualified Equipment, Heat Pump, See Remarks
Exterior See Remarks
County Travis
MLS # 5220392
Garage 2 spaces

HOA & Community

HOA Fee $150 /Annually
HOA Includes Common Area Maintenance, Maintenance Grounds, See Remarks

Tax Information

Annual Taxes (MLS) $1,883 (2022)

Listing History

MLS# 5220392 28 days
Mar 15, 2024 Off Market
Jan 4, 2024 Listed $635,000

Frequently Asked Questions About 7602 White Oak DR, Lago Vista TX 78645

When was 7602 White Oak DR, Lago Vista TX 78645 built?

7602 White Oak DR, Lago Vista TX 78645 was built in 2023.

How much does 7602 White Oak DR, Lago Vista TX 78645 cost?

7602 White Oak DR, Lago Vista TX 78645 sold on March 15, 2024. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.