225 Sumalt Gap WAY, Lakeway TX 78738

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

Off Market

Exterior view of 225 Sumalt Gap WAY, Lakeway TX 78738

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Ed's Opinion of Value

$711,952 Ed's Estimate: $807,725 $1,299,000

Lowest Comp Recommended List: $1,001,000 to $1,077,000 Highest Comp

After reviewing 7 recent transactions in ROUGH HOLLOW, I estimate this property's value at $807,725. A competitive list price for this home right now would fall in the $1,001,000 to $1,077,000 range. This pricing would rank the home as the most affordable of 4 comparable homes on the market in ROUGH HOLLOW's current inventory. The smaller floor plan (104 sqft compared to the average comp) is a meaningful differentiator in this price range. 4 similar homes are currently available in ROUGH HOLLOW, creating a buyer's market for this price range. Prices in ROUGH HOLLOW have risen 7.7% over the last 6 months. A similar home at 402 Sitlington LN, Austin TX 78738 carries an adjusted comparable value of $811,344, providing a strong data point. The comp data here (7 sales in ROUGH HOLLOW) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

ROUGH HOLLOW Market Trends

$942,500 Median Sold Price ▲ 7.7% 6mo

$307/sqft Median $/SqFt ▲ 11.9% 6mo

88 days Avg Days on Market 14 days faster

22 homes Active Inventory 4.1 mo supply

96.1% Sale-to-List Ratio

32 Sales (6 months)

Recently Sold Comparables

$811,344 adjusted 402 Sitlington LN, Austin TX 78738 4bd / 3.0ba • 3,221 sqft • 0.2 mi Sold 9 months ago

$861,567 adjusted 205 Avena TRL, Lakeway TX 78738 4bd / 3.0ba • 3,211 sqft • 0.3 mi Sold 8 months ago

$764,316 adjusted 305 Avena TRL, Austin TX 78738 4bd / 4.0ba • 3,290 sqft • 0.3 mi Sold 2 months ago

$1,000,816 adjusted 233 Sumalt Gap WAY, Austin TX 78738 4bd / 3.0ba • 3,190 sqft • 0.2 mi Sold 2 months ago

$711,952 adjusted 219 Baldovino SKWY, Lakeway TX 78738 4bd / 4.0ba • 3,429 sqft • 0.8 mi Sold 6 months ago

Currently on Market

$1,049,990 416 Maialina CV, Lakeway TX 78738 4bd / 3.0ba • 2,885 sqft • 0.5 mi 198 days on market

$849,000 107 Cascading Waters PL, Lakeway TX 78734 4bd / 4.0ba • 3,008 sqft • 1.7 mi 125 days on market

$1,299,000 802 Crestone Stream DR, Lakeway TX 78738 4bd / 3.0ba • 2,956 sqft • 2 mi 83 days on market

4 Beds

3 Baths 3 Full

3,247 Sq Ft

0.195 Acres

2018 Built

2 Garage

About This Property

This gorgeous 4 bedroom is located on a great greenbelt lot. It features a grand foyer and impressive staircase. Beyond the foyer, you?ll find the inviting dining room and kitchen with a huge quartz serving island. The family room has a vaulted ceiling. A private 1st floor owner?s suite and guest bedroom. Relax and enjoy your view on the covered porch with outdoor fireplace. Upstairs, you will find 2 more bedrooms, a game room and media room. Wood flooring and many other designer upgrades are include.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
Beamed Ceilings
High Ceilings
Vaulted Ceiling(s)
Crown Molding
Entrance Foyer
Interior Steps
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 Gutters Full

County Travis

MLS # 1043985

Garage 2 spaces

HOA & Community

HOA Fee $186 /Monthly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $1,538 (2017)

Listing History

MLS# 1043985 133 days

Aug 31, 2018	Off Market
Aug 13, 2018	Pending
Aug 4, 2018	Price Change	$649,900
Apr 2, 2018	Listed	$589,900

Frequently Asked Questions About 225 Sumalt Gap WAY, Lakeway TX 78738

When was 225 Sumalt Gap WAY, Lakeway TX 78738 built?

225 Sumalt Gap WAY, Lakeway TX 78738 was built in 2018.

How much does 225 Sumalt Gap WAY, Lakeway TX 78738 cost?

225 Sumalt Gap WAY, Lakeway TX 78738 sold on August 31, 2018. Contact us for sale price details.

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