5 Tournament WAY # 8, The Hills TX 78738

The Hills, TX 78738 | Guest Quarters Of Academy Plac

Off Market

Exterior view of 5 Tournament WAY # 8, The Hills TX 78738

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Ed's Opinion of Value

$265,710 Ed's Estimate: $358,699 $373,806

Lowest Comp Recommended List: $352,000 to $366,000 Highest Comp

Listing History

$284,000 List Price

$361,811 Comp Value

1 Price Reductions

This property was listed at $284,000 and expired after 87 days on market. The price was reduced from $299,999 to $284,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $358,699. I'd recommend coming to market at $352,000 to $366,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in GUEST QUARTERS OF ACADEMY PLAC. This home's smaller footprint (947 sqft vs the comp average) plays a role in how the market prices it. The 0.05 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78738 Market Trends

$858,617 Median Sold Price ▲ 0.4% 6mo

$274/sqft Median $/SqFt ▼ 1.1% 6mo

61 days Avg Days on Market 13 days faster

260 homes Active Inventory 5.2 mo supply

96.8% Sale-to-List Ratio

299 Sales (6 months)

Recently Sold Comparables

$265,710 adjusted 5 Tournament WAY # 12, The Hills TX 78738 1bd / 1.0ba • 630 sqft • 0 mi Sold 2 months ago

$372,407 adjusted 16 Tournament WAY # 19, The Hills TX 78738 2bd / 3.0ba • 1,525 sqft • 0 mi Sold 7 months ago

$373,806 adjusted 28 Tournament WAY # 26, The Hills TX 78738 2bd / 2.0ba • 1,387 sqft • 0.1 mi Sold 1 months ago

$366,018 adjusted 40 Tournament WAY # 32, The Hills TX 78738 2bd / 2.0ba • 1,387 sqft • 0 mi Sold 10 months ago

$348,457 adjusted 116 W Eagle DR, The Hills TX 78738 3bd / 3.0ba • 2,076 sqft • 0.3 mi Sold 1 months ago

Currently on Market

$269,000 5 TOURNAMENT WAY DR # 7, The Hills TX 78738 1bd / 1.0ba • 630 sqft • 0 mi 7 days on market

1 Beds

1 Baths 1 Full

630 Sq Ft

0.047 Acres

1982 Built

1 Garage

About This Property

Lock and Leave or Investors Dream! Beautiful 1 story, 1 bedroom, 1 bathroom condo located in the highly desired Jack Nicklaus Country Club, The Hills of Lakeway Academy of Golf with one assigned parking space. Stackable washer and dryer convey with purchase. Condo features stainless steel kitchen appliances. HOA covers insurance, water, electricity, trash and common areas. Mandatory social membership. Golf memberships are not included. Please visit the community website for more information: https://www.invitedclubs.com/clubs/the-hills-country-club.

Features

Open Floorplan
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary Lakeway

Middle School Hudson Bend

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Laminate, Tile

Cooling Central Air

Heating Electric, Fireplace(s)

Exterior Balcony, Exterior Steps

County Travis

MLS # 8852834

Garage 1 spaces

HOA & Community

HOA Fee $644 /Quarterly

HOA Includes Common Area Maintenance, Landscaping, Parking, Trash, Utilities, Water

Listing History

MLS# 8852834 87 days

Oct 14, 2024	Off Market
Aug 26, 2024	Price Change	$284,000
Jul 19, 2024	Listed	$299,999

MLS# 1350249 53 days

Mar 27, 2024	Off Market
Feb 3, 2024	Listed		$1,575

MLS# 1682690 27 days

Aug 1, 2017	Off Market
Jun 11, 2017	Listed		$1,300

Frequently Asked Questions About 5 Tournament WAY # 8, The Hills TX 78738

When was 5 Tournament WAY # 8, The Hills TX 78738 built?

5 Tournament WAY # 8, The Hills TX 78738 was built in 1982.

How much does 5 Tournament WAY # 8, The Hills TX 78738 cost?

5 Tournament WAY # 8, The Hills TX 78738 is currently off market.

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