40 Cottondale, The Hills TX 78738

The Hills, TX 78738 | Hills Lakeway

Ed's Opinion of Value

$1,185,000 Ed's Estimate: $1,661,037 $2,107,528
Lowest Comp Recommended List: $1,326,000 to $1,336,000 Highest Comp
The comparable sales data (3 recent transactions in HILLS LAKEWAY) supports an estimated value of $1,661,037. The data suggests a list price between $1,326,000 and $1,336,000 would attract qualified buyers without leaving money on the table. This home's position in the current HILLS LAKEWAY market: the 2nd most expensive of 5 comparable homes on the market among comparable properties. The larger floor plan (518 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2004 (6 years newer than comps) is factored into the value estimate. With 5 similar homes currently listed in HILLS LAKEWAY (a balanced market), competition is a factor to consider. Prices in HILLS LAKEWAY have fallen 11% over the last 6 months. A similar home at 4 Glenway CT, The Hills TX 78738 carries an adjusted comparable value of $1,340,065, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in HILLS LAKEWAY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
5 Beds
5 Baths 4 Full, 1 Half
4,902 Sq Ft
0.479 Acres
2004 Built
3 Garage

About This Property

New Construction - Bank Foreclosure- PLEASE CONTACT AGENT FOR SELLER ADDENDUM PRIOR TO WRITING OFFER - ADDENDUMS ATTACHED - One appraiser had this home size at 5100+...current appraisal shows sq ft at: 4902. Please measure for your satisfaction. Large .48 Acre Lot, High Ceilings, Hard Wood Flooring in Entry/Dining/Kitchen/Hallway. Master Bedroom with Fireplace, Master Closet with built in storage. Upper and lower rear balcony with fireplace. Game Room and Media Room. Free Credit/Appra. if b of a finanFEMA - Unknown Restrictions: Yes

Features

  • High Ceilings
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Wet Bar

Location

Schools

School District Lake Travis ISD
Elementary Lakeway
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 9175206
Garage 3 spaces

HOA & Community

HOA Fee $163 /Quarterly
HOA Includes Common Area Maintenance, Insurance, Landscaping

Listing History

MLS# 9175206 21 days (395 CDOM)
Sep 21, 2009 Off Market
Aug 27, 2009 Pending
Aug 6, 2009 Listed $513,000

Frequently Asked Questions About 40 Cottondale, The Hills TX 78738

When was 40 Cottondale, The Hills TX 78738 built?

40 Cottondale, The Hills TX 78738 was built in 2004.

How much does 40 Cottondale, The Hills TX 78738 cost?

40 Cottondale, The Hills TX 78738 sold on September 21, 2009. Contact us for sale price details.

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