524 Dragon, Lakeway TX 78734

Off Market

Shaded by mature oak trees, this renovated home sits on top of the hill in Old Lakeway.

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Ed's Opinion of Value

$527,009 Ed's Estimate: $637,539 $781,022

Lowest Comp Recommended List: $294,000 to $304,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $637,539. For a well positioned listing in LAKEWAY, I'd target the $294,000 to $304,000 range. Among the similar homes currently available in LAKEWAY, this price point stands out as competitive. The smaller floor plan (104 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.29 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAKEWAY (a balanced market), competition is a factor to consider. Recent trends in LAKEWAY show home values have risen 1.8% since 6 months ago. The most comparable recent sale is 605 Flamingo BLVD, Lakeway TX 78734, with an adjusted value of $527,009; a strong comparable. The 3 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

$738,000 Median Sold Price ▲ 1.8% 6mo

$280/sqft Median $/SqFt ▼ 2.4% 6mo

56 days Avg Days on Market 28 days faster

35 homes Active Inventory 3.2 mo supply

97.5% Sale-to-List Ratio

65 Sales (6 months)

Recently Sold Comparables

$527,009 adjusted 605 Flamingo BLVD, Lakeway TX 78734 3bd / 2.0ba • 1,917 sqft • 0.3 mi Sold 10 months ago

$781,022 adjusted 419 Sunfish ST, Lakeway TX 78734 3bd / 2.0ba • 1,943 sqft • 0.5 mi Sold 12 months ago

$593,477 adjusted 703 Vanguard ST, Lakeway TX 78734 3bd / 2.0ba • 2,153 sqft • 0.5 mi Sold 1 months ago

Currently on Market

$650,000 517 Dragon, Lakeway TX 78734 3bd / 3.0ba • 2,000 sqft • 0.1 mi 1 days on market

$559,900 109 White Sands DR, Lakeway TX 78734 3bd / 3.0ba • 1,998 sqft • 1.3 mi 221 days on market

$619,000 109 Schooner DR, Lakeway TX 78738 3bd / 2.0ba • 2,025 sqft • 0.7 mi 15 days on market

3 Beds

3 Baths 3 Full

1,900 Sq Ft

0.29 Acres

1968 Built

2 Garage

About This Property

On top of the hill in Old Lakeway. One-story renovated home with Lake and Hill Country views! A wall of windows offers showcasing views from the living areas with vaulted ceiling and open concept kitchen and dining. Custom cabinets throughout with granite countertops, stainless steel appliances, and bar seating in the kitchen. Two master suites! Separate office/playroom with access to back patio/yard. Custom mud room. TCAD information is incorrect. Owner/AgentFEMA - Unknown Restrictions: Yes

Features

2 Primary Baths
2 Primary Suites
Vaulted Ceiling(s)
Entrance Foyer
In-Law Floorplan
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 Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Heat Pump

Exterior Boat Ramp, Private Yard

County Travis

MLS # 7948655

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $4,554 (2020)

Listing History

MLS# 7948655 3 days

Oct 9, 2020	Off Market
Sep 1, 2020	Pending
Aug 29, 2020	Listed	$529,000

Frequently Asked Questions About 524 Dragon, Lakeway TX 78734

When was 524 Dragon, Lakeway TX 78734 built?

524 Dragon, Lakeway TX 78734 was built in 1968.

How much does 524 Dragon, Lakeway TX 78734 cost?

524 Dragon, Lakeway TX 78734 sold on October 9, 2020. Contact us for sale price details.

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