915 Terrace Mountain DR, West Lake Hills TX 78746

West Lake Hills, TX 78746 | Terrace Mountain

Ed's Opinion of Value

$1,605,970 Ed's Estimate: $2,278,799 $3,500,000
Lowest Comp Recommended List: $2,793,000 to $3,158,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,278,799. I'd recommend coming to market at $2,793,000 to $3,158,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in TERRACE MOUNTAIN. This home's larger footprint (246 sqft vs the comp average) plays a role in how the market prices it. Built in 1970, this home is 6 years older than the average comp, which is reflected in the adjustments. Buyers in TERRACE MOUNTAIN have 7 comparable options right now, with asking prices between $2,400,000 and $4,595,000. The trend in 78746 shows prices have risen 11.4% in the past 6 months. 202 Laurelwood TRL, Austin TX 78746 nearby adjusts to $2,281,400; with a pool. 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
4 Beds
3 Baths
3,440 Sq Ft
2.533 Acres
1970 Built

About This Property

Rare legacy estate site with amazing city views. This lot is 2.53 acres and can be a private estate or subdivided into two lots. Situated on top of Calithea (Terrace Mountain), this lot is at the end of the street with mature trees and level building site. Currently the property has a four-bedroom, three-bathroom house with a pool. The exclusive property is in the acclaimed Eanes School District, and is five miles from downtown Austin.

Location

Schools

School District Eanes ISD
Elementary Eanes
Middle School Hill Country
High School Westlake

Property Details

Property Type Residential
Heating None
Exterior None
County Travis
MLS # 2682586

Tax Information

Annual Taxes (MLS) $7,479 (2014)

Listing History

MLS# 2682586 48 days
Mar 27, 2017 Off Market
Jan 7, 2017 Listed $2,750,000

Frequently Asked Questions About 915 Terrace Mountain DR, West Lake Hills TX 78746

When was 915 Terrace Mountain DR, West Lake Hills TX 78746 built?

915 Terrace Mountain DR, West Lake Hills TX 78746 was built in 1970.

How much does 915 Terrace Mountain DR, West Lake Hills TX 78746 cost?

915 Terrace Mountain DR, West Lake Hills TX 78746 sold on March 27, 2017. Contact us for sale price details.

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