101 Far Vela LN, Lakeway TX 78734

Lakeway, TX 78734 | Schramm Ranch | Built by Toll Brothers

Off Market

Exterior view of 101 Far Vela LN, Lakeway TX 78734

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Ed's Opinion of Value

$1,375,090 Ed's Estimate: $1,517,121 $1,895,000

Lowest Comp Recommended List: $1,472,000 to $1,563,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $1,517,121. If we were to list this property today, I'd recommend a list price in the $1,472,000 to $1,563,000 range. This would position the home competitively among 1 active listings in SCHRAMM RANCH. The larger floor plan (3,171 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 1.01 acres versus 0.39 for the typical comp. With 1 similar homes currently listed in SCHRAMM RANCH (a buyer's market), competition is a factor to consider. The 6 month price trend in 78734: fallen 9.4%. The best comp here is 116 Vailco LN, Austin TX 78738 at an adjusted value of $1,406,160, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78734 Market Trends

$624,750 Median Sold Price ▼ 9.4% 6mo

$271/sqft Median $/SqFt ▼ 4.6% 6mo

103 days Avg Days on Market 29 days slower

248 homes Active Inventory 10.8 mo supply

95.8% Sale-to-List Ratio

138 Sales (6 months)

Recently Sold Comparables

$1,406,160 adjusted 116 Vailco LN, Austin TX 78738 6bd / 6.0ba • 6,895 sqft • 0.6 mi Sold 5 months ago

$1,606,756 adjusted 117 Vailco LN, Austin TX 78738 5bd / 5.0ba • 7,436 sqft • 0.7 mi Sold 8 months ago

$1,757,460 adjusted 111 Sebastians RUN, Austin TX 78738 7bd / 5.0ba • 6,114 sqft • 0.3 mi Sold 3 months ago

$1,375,090 adjusted 307 Hensley DR, Austin TX 78738 4bd / 4.0ba • 3,877 sqft • 0.2 mi Sold 5 months ago

$1,462,650 adjusted 144 Sebastians RUN, Austin TX 78738 5bd / 4.0ba • 3,632 sqft • 0.1 mi Sold 22 days ago

Currently on Market

$1,895,000 121 Burgess LN, Austin TX 78738 6bd / 5.0ba • 7,864 sqft • 0.6 mi 39 days on market

7 Beds

8 Baths 7 Full, 1 Half

8,280 Sq Ft

1.007 Acres

2005 Built

3 Garage

About This Property

Fall in love with this incredible home located in a serene gated community of 21 homes in the heart of Lakeway minutes away from Lake Travis. This house is a full 3-level gem which sits on a manicured 1 plus acre lot with mature trees which includes plenty of room for a pool. Spectacular breathtaking views from 3 balconies overlooking a protected greenbelt. Walking distance away from pharmacy/grocery, 2 minute drive to a leading Hospital, Lake Travis High School and Lakeway Elementary. Bespoke custom kitchen with wolf/subzero appliances. This house includes an over 500 bottle custom walk-in wine room, 7 seat theater room with surround sound and a personal home gym perfect for Yoga/Pilates/Weight Training. There are 2 private offices and room for au pair or for extended family to live.

Features

2 Primary Suites
Bookcases
High Ceilings
In-Law Floorplan
Kitchen Island
Multiple Living Areas
Primary Bedroom on Main
Wet Bar

Location

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Schools

School District Lake Travis ISD

Elementary Lakeway

Middle School Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Propane

Exterior Balcony, Gutters Partial

County Travis

MLS # 1098427

Parking

Garage 3 spaces

HOA & Community

HOA Fee $100 /Monthly

HOA Includes Maintenance Grounds

Tax Information

Annual Taxes $16,565 (2020)

Listing History

MLS# 1098427 33 days

Jul 9, 2021	Off Market
May 7, 2021	Price Change	$1,800,000
Apr 22, 2021	Listed	$1,950,000

Frequently Asked Questions About 101 Far Vela LN, Lakeway TX 78734

When was 101 Far Vela LN, Lakeway TX 78734 built?

101 Far Vela LN, Lakeway TX 78734 was built in 2005.

How much does 101 Far Vela LN, Lakeway TX 78734 cost?

101 Far Vela LN, Lakeway TX 78734 sold on July 9, 2021. Contact us for sale price details.

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