8505 Prairie Rye DR, Lago Vista TX 78645

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

Ed's Opinion of Value

$376,900 Ed's Estimate: $421,265 $508,297
Lowest Comp Recommended List: $339,000 to $349,000 Highest Comp
7 recent sales within half a mile of this address suggest a current value of $421,265. My recommended list price range for this property would be $339,000 to $349,000. Against 7 similar active listings in TESSERA, this price point lands at the 4th most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in TESSERA; a buyer's market based on recent absorption. In TESSERA, home values have risen approximately 9.8% over the past 6 months. One of the strongest data points is 8512 Pine Muhly DR, Lago Vista TX 78645, adjusting to $508,297; with a larger floor plan. Based on 7 relevant data points in TESSERA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
5 Beds
3 Baths 3 Full
2,266 Sq Ft
0.1642 Acres
2019 Built
2 Garage

About This Property

Welcome to 8505 Prairie Rye Drive. This Highland home features five bedrooms (four bedroom + a study), three bathrooms, and an extended owner’s suite with bay windows. Enjoy a model-worthy floor plan that is open, functional, and boasts stunning windows that highlight the hill country. This home has been a second home for the sellers and lives like a brand new home. The homesite is highly coveted and offers significant privacy. Find only one direct neighbor to the right of the home and no neighbor behind or to the left. Developer green space surrounds the left and back side of the home giving the property privacy, natural light, and stunning views. Features include tile-wood flooring, kitchen cabinet LED lighting, a full sprinkler system, four sides brick masonry, full gutter system, and custom window treatments. 8505 Prairie Rye is located in Hines’ award-winning Lakeside in Tessera on Lake Travis development with state-of-the-art amenities. Be sure to check out the community pool, playground, private boat ramp, picnic area, six miles of trails, beach area, and more. A must see!

Features

  • Ceiling Fan(s)
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting

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
Exterior Exterior Steps, Gutters Partial, Pest Tubes in Walls
County Travis
MLS # 7022830
Garage 2 spaces

HOA & Community

HOA Fee $83 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $12,862 (2023)

Listing History

MLS# 7022830 114 days (113 CDOM)
Mar 25, 2024 Off Market
Nov 4, 2023 Listed $549,000

Frequently Asked Questions About 8505 Prairie Rye DR, Lago Vista TX 78645

When was 8505 Prairie Rye DR, Lago Vista TX 78645 built?

8505 Prairie Rye DR, Lago Vista TX 78645 was built in 2019.

How much does 8505 Prairie Rye DR, Lago Vista TX 78645 cost?

8505 Prairie Rye DR, Lago Vista TX 78645 sold on March 25, 2024. Contact us for sale price details.

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