5316 Cypress Ranch BLVD, Spicewood TX 78669

Spicewood, TX 78669 | West Cypress Hills

Ed's Opinion of Value

$687,386 Ed's Estimate: $716,136 $1,450,000
Lowest Comp Recommended List: $1,349,000 to $1,378,000 Highest Comp
The market data from 7 similar recent sales in WEST CYPRESS HILLS points to a value of approximately $716,136. To sell within a reasonable timeframe at fair market value, the $1,349,000 to $1,378,000 range is where I'd position this. With 7 comparable homes on the market in WEST CYPRESS HILLS, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (715 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. Current inventory shows 7 comparable homes in WEST CYPRESS HILLS; a buyer's market based on recent absorption. In WEST CYPRESS HILLS, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 5305 Cardinal Flower CV, Spicewood TX 78669, adjusting to $759,428; with a smaller floor plan and no pool. The 7 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
4 Beds
4 Baths 3 Full, 1 Half
4,100 Sq Ft
0.31 Acres
2005 Built
2 Garage

About This Property

Grand and spacious home in West Cypress Hills! Over .30 ac, 4100 sqft, backs to a greenbelt with pool & spa. Floor plan features loft game room & snack bar; large media room; dedicated office; granite countertop center island kitchen open to family room; master bedroom with a fireplace; upstairs guest room with ensuite bathroom; and more. Highly ranked Lake Travis ISD with elementary in West Cypress Hills subdivision. Short drive to Bee Cave & Lakeway Dining & Entertainment, Hill Country Galleria shopping, Pace Bend Park & other Lake Travis access.

Property Highlights

Pool In Ground, Outdoor Pool, Private, See Remarks

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Coffered Ceiling(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Granite Counters
  • Double Vanity
  • French Doors
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wet Bar
  • Wired for Sound

Location

Schools

School District Lake Travis ISD
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior Exterior Steps, Gutters Full
County Travis
MLS # 6581773
Garage 2 spaces

HOA & Community

HOA Fee $188 /Quarterly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $21,505 (2023)

Listing History

MLS# 6581773 281 days
Jun 13, 2024 Off Market
Apr 25, 2024 Price Change $699,000
Jul 27, 2023 Listed $925,000

Frequently Asked Questions About 5316 Cypress Ranch BLVD, Spicewood TX 78669

When was 5316 Cypress Ranch BLVD, Spicewood TX 78669 built?

5316 Cypress Ranch BLVD, Spicewood TX 78669 was built in 2005.

How much does 5316 Cypress Ranch BLVD, Spicewood TX 78669 cost?

5316 Cypress Ranch BLVD, Spicewood TX 78669 sold on June 13, 2024. Contact us for sale price details.

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