422 Summit Ridge DR N, Point Venture TX 78645

Point Venture, TX 78645 | Point Venture2 | Built by Kenwood Homes

Off Market

Exterior view of 422 Summit Ridge DR N, Point Venture TX 78645

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Ed's Opinion of Value

$396,427 Ed's Estimate: $458,757 $673,850

Lowest Comp Recommended List: $490,000 to $504,000 Highest Comp

After reviewing 7 recent transactions in POINT VENTURE2, I estimate this property's value at $458,757. A competitive list price for this home right now would fall in the $490,000 to $504,000 range. This home's position in the current POINT VENTURE2 market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (139 sqft compared to the average comp) is a meaningful differentiator in this price range. The active market in POINT VENTURE2 includes 3 comparable homes priced from $469,000 to $673,850. Prices in POINT VENTURE2 have fallen 2.8% over the last 6 months. A similar home at 18504 Venture DR, Lago Vista TX 78645 carries an adjusted comparable value of $505,321, providing a strong data point. With 7 comparable sales in POINT VENTURE2, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

POINT VENTURE2 Market Trends

$461,750 Median Sold Price ▼ 2.8% 6mo

$233/sqft Median $/SqFt ▲ 9.4% 6mo

82 days Avg Days on Market 12 days slower

5 homes Active Inventory 7.5 mo supply

95.6% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$505,321 adjusted 18504 Venture DR, Lago Vista TX 78645 3bd / 2.0ba • 1,901 sqft • 0.2 mi Sold 3 months ago

$439,387 adjusted 315 Southwind RD, Point Venture TX 78645 3bd / 3.0ba • 2,053 sqft • 0.2 mi Sold 11 months ago

$503,880 adjusted 416 Venture BLVD S, Point Venture TX 78645 3bd / 3.0ba • 1,900 sqft • 0.6 mi Sold 4 months ago

$490,488 adjusted 18502 Venture DR, Point Venture TX 78645 3bd / 3.0ba • 2,380 sqft • 0.3 mi Sold 7 months ago

$396,427 adjusted 3204 Burnside CIR, Lago Vista TX 78645 3bd / 3.0ba • 1,893 sqft • 2.5 mi Sold 2 months ago

Currently on Market

$489,900 19004 Mariners PT, Point Venture TX 78645 3bd / 3.0ba • 2,227 sqft • 0.7 mi 304 days on market

$673,850 504 District LN, Lago Vista TX 78645 3bd / 3.0ba • 2,246 sqft • 0.1 mi 103 days on market

$469,000 208 Venture BLVD S, Point Venture TX 78645 4bd / 2.0ba • 2,135 sqft • 0.3 mi 13 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,964 Sq Ft

0.274 Acres

2020 Built

2 Garage

About This Property

Cute craftsman style in the quaint lakeside community of Point Venture. This well thought out floor plan uses an open concept with huge dine-in island for entertaining. The split floor plan houses the master suite on one side of the home and 2 add'l bedrooms that share a bath on the other. Dedicated office space. Fantastic community amenities, including lake access and 40 acre waterfront park. Under Construction with an estimated completion at the end of September.Restrictions: Yes

Features

High Ceilings
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Lago Vista ISD

Elementary Lago Vista

Middle School Lago Vista

High School Lago Vista

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior Boat Ramp, Private Dock, See Remarks

County Travis

MLS # 9149782

Garage 2 spaces

HOA & Community

HOA Fee $100 /Monthly

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $295 (2020)

Listing History

MLS# 9149782 49 days

Oct 23, 2020	Off Market
Aug 30, 2020	Pending
Jul 12, 2020	Listed	$325,000

MLS# 9431890 401 days

Oct 17, 2014	Off Market
Jul 24, 2013	Listed		$10,000

MLS# 4521757 350 days (1496 CDOM)

Jun 30, 2013	Off Market
Jul 16, 2012	Listed		$10,000

MLS# 5933364 369 days (1146 CDOM)

Jul 10, 2012	Off Market
Jul 7, 2011	Listed		$10,000

MLS# 5421426 777 days

Jun 30, 2011	Off Market
May 14, 2009	Listed		$10,000

MLS# 743003 704 days (1082 CDOM)

Nov 23, 2005	Off Market
Dec 20, 2003	Listed		$4,000

MLS# 676030 378 days

Dec 1, 2003	Off Market
Nov 18, 2002	Listed		$6,000

MLS# 552963 729 days (1974 CDOM)

Jul 31, 2002	Off Market
Aug 1, 2000	Listed		$6,000

MLS# 534188 153 days (1245 CDOM)

Jul 31, 2000	Off Market
Feb 29, 2000	Listed		$6,000

MLS# 411084 1092 days

Jan 31, 2000	Off Market
Feb 3, 1997	Listed		$4,000

Frequently Asked Questions About 422 Summit Ridge DR N, Point Venture TX 78645

When was 422 Summit Ridge DR N, Point Venture TX 78645 built?

422 Summit Ridge DR N, Point Venture TX 78645 was built in 2020.

How much does 422 Summit Ridge DR N, Point Venture TX 78645 cost?

422 Summit Ridge DR N, Point Venture TX 78645 sold on October 23, 2020. Contact us for sale price details.

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$230,000 18501 N Venture DR, Point Venture TX 78645 3 bd | 3 ba

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