1125 CHALLENGER, Lakeway TX 78734

Off Market

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Ed's Opinion of Value

$599,000 Ed's Estimate: $883,928 $1,455,000

Lowest Comp Recommended List: $668,000 to $678,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $883,928. For a well positioned listing in LAKEWAY, I'd target the $668,000 to $678,000 range. Against 4 similar active listings in LAKEWAY, this price point lands at the 2nd most expensive of 4 comparable homes on the market. This home's larger footprint (115 sqft vs the comp average) plays a role in how the market prices it. Buyers in LAKEWAY have 4 comparable options right now, with asking prices between $599,000 and $1,455,000. Recent trends in LAKEWAY show home values have risen 6.3% since 6 months ago. The most comparable recent sale is 105 Melody ST, Lakeway TX 78734, with an adjusted value of $774,615; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

LAKEWAY Market Trends

$738,500 Median Sold Price ▲ 6.3% 6mo

$280/sqft Median $/SqFt ▼ 0.7% 6mo

55 days Avg Days on Market 32 days faster

33 homes Active Inventory 3 mo supply

97.6% Sale-to-List Ratio

67 Sales (6 months)

Recently Sold Comparables

$774,615 adjusted 105 Melody ST, Lakeway TX 78734 3bd / 4.0ba • 3,013 sqft • 0.3 mi Sold 2 months ago

$852,036 adjusted 919 Biscayne, Lakeway TX 78734 3bd / 4.0ba • 2,814 sqft • 1.2 mi Sold 5 days ago

$740,810 adjusted 901 Vanguard ST, Lakeway TX 78734 3bd / 4.0ba • 2,582 sqft • 1.4 mi Sold 2 months ago

$1,057,975 adjusted 107 Firebird CV, Lakeway TX 78734 4bd / 4.0ba • 3,650 sqft • 0.2 mi Sold 3 months ago

$817,564 adjusted 106 Acapulco CT, Lakeway TX 78734 4bd / 4.0ba • 3,549 sqft • 0.3 mi Sold 3 months ago

Currently on Market

$1,455,000 718 Bermuda ST, Lakeway TX 78734 3bd / 4.0ba • 3,472 sqft • 0.6 mi 45 days on market

$599,000 843 Sunfish ST, Austin TX 78734 4bd / 4.0ba • 2,827 sqft • 0.8 mi 7 days on market

$750,000 113 Indian Bend DR, Lakeway TX 78734 3bd / 4.0ba • 2,833 sqft • 0.5 mi 64 days on market

3 Beds

4 Baths 3 Full, 1 Half

3,225 Sq Ft

0.33 Acres

1975 Built

2 Garage

About This Property

Single story mid-century styled gem on Lake Travis, equidistant between Lakeway Country Club and Lakeway City Park. One-third acres is stunningly terraced with native limestone and lush plantings, providing a charming walk down to the 109' +/- of waterfrontage. Lakeside house perfect for a weekend retreat or full-time living. Features plenty of leveled grassy areas, pergola-covered courtyard, water fountain, billiard with wet bar and covered terraces. 24hr advance showing notice.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
Cathedral Ceiling(s)
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main
Walk-In Closet(s)
Wet Bar

Location

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Schools

School District Lake Travis ISD

Elementary Serene Hills

Middle School Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Marble, Tile

Cooling Central Air, Other

Heating Electric, Heat Pump

Exterior Exterior Steps, Private Dock, Private Yard

County Travis

MLS # 7444550

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $17,132 (2020)

Listing History

MLS# 7444550 7 days

Sep 9, 2020	Off Market
Aug 17, 2020	Pending
Aug 10, 2020	Listed	$1,500,000

Frequently Asked Questions About 1125 CHALLENGER, Lakeway TX 78734

When was 1125 CHALLENGER, Lakeway TX 78734 built?

1125 CHALLENGER, Lakeway TX 78734 was built in 1975.

How much does 1125 CHALLENGER, Lakeway TX 78734 cost?

1125 CHALLENGER, Lakeway TX 78734 sold on September 9, 2020. Contact us for sale price details.

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