216 Sumalt Gap WAY, Lakeway TX 78738

Lakeway, TX 78738 | Rough Hollow | Built by Drees Custom Homes

Off Market

Exterior view of 216 Sumalt Gap WAY, Lakeway TX 78738

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Ed's Opinion of Value

$693,413 Ed's Estimate: $778,515 $1,025,000

Lowest Comp Recommended List: $755,000 to $802,000 Highest Comp

Based on 5 closed sales in ROUGH HOLLOW, the data points to a value around $778,515 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $755,000 to $802,000. This home's position in the current ROUGH HOLLOW market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. With 3 similar homes currently listed in ROUGH HOLLOW (a buyer's market), competition is a factor to consider. Market data shows ROUGH HOLLOW prices fallen 5.4% over the last half year. The closest comparable sale, 402 Sitlington LN, Austin TX 78738 at an adjusted $805,573, is a strong comparable. This estimate draws on 5 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

ROUGH HOLLOW Market Trends

$874,995 Median Sold Price ▼ 5.4% 6mo

$272/sqft Median $/SqFt ▼ 6.5% 6mo

78 days Avg Days on Market 9 days faster

25 homes Active Inventory 4.2 mo supply

97.2% Sale-to-List Ratio

36 Sales (6 months)

Recently Sold Comparables

$805,573 adjusted 402 Sitlington LN, Austin TX 78738 4bd / 3.0ba • 3,221 sqft • 0.1 mi Sold 6 months ago

$851,371 adjusted 205 Avena TRL, Lakeway TX 78738 4bd / 3.0ba • 3,211 sqft • 0.1 mi Sold 4 months ago

$792,200 adjusted 234 Sumalt Gap WAY, Lakeway TX 78738 4bd / 4.0ba • 2,922 sqft • 0.1 mi Sold 8 months ago

$693,413 adjusted 216 Gulfton ST, Lakeway TX 78738 3bd / 4.0ba • 2,789 sqft • 0.1 mi Sold 1 months ago

$705,302 adjusted 720 Rawson BND, Austin TX 78738 4bd / 4.0ba • 3,545 sqft • 0.3 mi Sold 2 months ago

Currently on Market

$800,000 305 Avena TRL, Austin TX 78738 4bd / 4.0ba • 3,290 sqft • 0.2 mi 2 days on market

$849,000 107 Cascading Waters PL, Lakeway TX 78734 4bd / 4.0ba • 3,008 sqft • 1.5 mi 90 days on market

$1,025,000 402 San Donato DR, Austin TX 78738 4bd / 4.0ba • 3,222 sqft • 0.2 mi 10 days on market

4 Beds

3 Baths 3 Full

3,188 Sq Ft

0.18 Acres

2019 Built

2 Garage

About This Property

This beautiful two story, four bedroom, four bathroom home will take your breath away! You are surely to fall in love with these high ceilings, walk in closets, walk in pantry and so much more! Relax in the spacious owners suite featuring a garden tub, walk in shower and double vanity. Enjoy the beautiful hill country, lakeside lifestyle with this deluxe gourmet kitchen and open living room floor plan designed perfectly for entertaining guests!Restrictions: Yes Sprinkler Sys:Yes

Features

High Ceilings
Entrance Foyer
French Doors
Multiple Living Areas
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Serene Hills

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps, Gutters Partial

County Travis

MLS # 2232453

Garage 2 spaces

HOA & Community

HOA Fee $200 /Monthly

HOA Includes Common Area Maintenance

Listing History

MLS# 2232453 291 days

May 22, 2020	Off Market
Apr 14, 2020	Price Change	$569,900
Apr 13, 2020	Pending
Jun 27, 2019	Listed	$599,900

Frequently Asked Questions About 216 Sumalt Gap WAY, Lakeway TX 78738

When was 216 Sumalt Gap WAY, Lakeway TX 78738 built?

216 Sumalt Gap WAY, Lakeway TX 78738 was built in 2019.

How much does 216 Sumalt Gap WAY, Lakeway TX 78738 cost?

216 Sumalt Gap WAY, Lakeway TX 78738 sold on May 22, 2020. Contact us for sale price details.

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