511 Elworth PATH, Lakeway TX 78738

Lakeway, TX 78738 | Rough Hollow | Built by DREES

Off Market

Two Years Young Drees Home with Five Bedrooms and Five Bathrooms plus a Game Room and balcony with view

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Ed's Opinion of Value

$691,292 Ed's Estimate: $829,661 $973,431

Lowest Comp Recommended List: $723,000 to $733,000 Highest Comp

The estimated value of this property is $829,661, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $723,000 and $733,000. Against 7 similar active listings in ROUGH HOLLOW, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 184 sqft smaller than the typical comp, the size difference factors into the valuation. The active market in ROUGH HOLLOW includes 7 comparable homes priced from $704,990 to $929,000. Recent trends in ROUGH HOLLOW show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 234 Sumalt Gap WAY, Lakeway TX 78738, with an adjusted value of $807,860; a strong comparable. Based on 6 relevant data points in ROUGH HOLLOW, 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

ROUGH HOLLOW Market Trends

$875,000 Median Sold Price ▼ 0.6% 6mo

$307/sqft Median $/SqFt ▲ 10.3% 6mo

81 days Avg Days on Market 9 days faster

20 homes Active Inventory 3.8 mo supply

96.6% Sale-to-List Ratio

32 Sales (6 months)

Recently Sold Comparables

$807,860 adjusted 234 Sumalt Gap WAY, Lakeway TX 78738 4bd / 4.0ba • 2,922 sqft • 0.1 mi Sold 11 months ago

$775,474 adjusted 305 Avena TRL, Austin TX 78738 4bd / 4.0ba • 3,290 sqft • 0.1 mi Sold 1 months ago

$691,292 adjusted 103 Edinburgh Isle CT, Lakeway TX 78738 4bd / 4.0ba • 2,915 sqft • 0.8 mi Sold 7 months ago

$733,175 adjusted 206 Maxwell WAY, Austin TX 78738 4bd / 4.0ba • 2,812 sqft • 1.7 mi Sold 7 months ago

$973,431 adjusted 606 Bonfisk BND, Austin TX 78738 5bd / 5.0ba • 3,388 sqft • 0.3 mi Sold 2 months ago

Currently on Market

$849,000 107 Cascading Waters PL, Lakeway TX 78734 4bd / 4.0ba • 3,008 sqft • 1.5 mi 125 days on market

$929,000 6112 Cuchara BND, Austin TX 78738 4bd / 4.0ba • 2,872 sqft • 1.7 mi 1 days on market

$725,000 6721 Empresa DR, Austin TX 78738 5bd / 4.0ba • 3,124 sqft • 1.6 mi 66 days on market

5 Beds

5 Baths 5 Full

2,902 Sq Ft

0.177 Acres

2021 Built

2 Garage

About This Property

Who needs 5 Bedrooms with 5 Bathrooms? Good luck finding that. BUT you did right here! There are three bedrooms and three bathrooms downstairs and two more up with their own bathrooms. This gently lived in, nearly new Drees home was built for the owner two years ago. The front covered balcony has a small view of the lake and hill country. There is also a spacious covered porch at the back. The open concept with exceptionally high ceilings in the family, dining and kitchen area is on display here. The rich wooden floors add a touch of warmth in the living area. Upstairs has a large game room overlooking the down living area with a walk out to the upper balcony. The garage has over 700 square feet for plenty of work room. The fully sprinkled yard has been well cared for. You will absolutely love the amenity center. It is second to none! Lazy River, multiple pools, cascading water falls, Yacht Club and Marina, The Canyon Grill, kayaks, paddleboards, lighted tennis courts, basketball and volleyball courts and much more. Come see it today!

Features

Breakfast Bar
Built-in Features
Ceiling Fan(s)
High Ceilings
Quartz Counters
Double Vanity
Electric Dryer Hookup
Entrance Foyer
In-Law Floorplan
Interior Steps
Kitchen Island
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Soaking Tub
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Lake Travis ISD

Elementary Rough Hollow

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Ceiling Fan(s), Central Air, Dual, ENERGY STAR Qualified Equipment, Separate Meters, Zoned

Heating Central, Propane, Separate Meters

Exterior Balcony, Gutters Partial

County Travis

MLS # 9320890

Garage 2 spaces

HOA & Community

HOA Fee $208 /Monthly

HOA Includes Common Area Maintenance, Landscaping, Maintenance Grounds

Tax Information

Annual Taxes (MLS) $19,528 (2022)

Listing History

MLS# 9320890 74 days

Mar 1, 2024	Off Market
Jun 6, 2023	Price Change	$800,000
Apr 21, 2023	Listed	$825,000

MLS# 5283774 28 days

Aug 16, 2021	Off Market
Apr 18, 2021	Listed		$6,500

MLS# 3229972 88 days

Mar 19, 2021	Off Market
Aug 26, 2020	Listed		$613,900

Frequently Asked Questions About 511 Elworth PATH, Lakeway TX 78738

When was 511 Elworth PATH, Lakeway TX 78738 built?

511 Elworth PATH, Lakeway TX 78738 was built in 2021.

How much does 511 Elworth PATH, Lakeway TX 78738 cost?

511 Elworth PATH, Lakeway TX 78738 sold on March 1, 2024. Contact us for sale price details.

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