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$824,000

Beds
5
Baths
4.0
sq ft
4,068

5505 Cypress Ranch Blvd, Spicewood, TX 78669

5505 Cypress Ranch Blvd

Spicewood, TX 78669

  • 233 days on market
    • Price drop $20,000↓
Beautiful home offering spacious versatility that can easily accommodate all of your needs with 5 bedrooms, 4 full baths, 3 living areas, 2 dining areas, a dedicated office plus multiple built-in desks, 3 car garage, and a large deck. This 4068 sqft home contains a private primary suite with plantation shutters, garden tub, walk-in shower, dual separate vanities, and large closet that connects to the laundry room. Also, a secondary bedroom with bath is located on the main level, which provides a great arrangement for extended family, guests, a nursery, or those that cannot climb stairs. The office, formal dining, and large eat-in kitchen with island bar adjacent to the open floor-plan living area are perfect for entertaining. Upstairs find two large secondary living areas and three spacious bedrooms with two full bathrooms. Also on the second level are 2 built-in desks with shelving and cabinetry offering the perfect set-up for homeschooling or multiple home office areas. Enjoy the lovely morning sunrises on the custom deck overlooking the greenbelt. The front yard has mature oak trees that look beautiful wrapped in lights for the holidays. The backyard offers greenbelt access, plenty of room to play, and is large enough to accommodate a pool. The neighborhood pool, playground, basketball court, soccer fields, and nature trails are within walking distance located in the next block. The three car garage has durable, quick clean epoxy flooring with extra storage space at the front. This home is move-in ready in the highly desirable West Cypress Hills neighborhood which contains an acclaimed Lake Travis ISD elementary school and LTISD's planned second high school, opening in the fall of 2027. Owner is Agent.

Details

Property type

Single Family Residence

Est. home value

$845,168

Lot size

0.3249 acres

Price per sq ft

$203

Year built

2013

Annual property taxes

$12,933.09

Monthly HOA fee

$64.67

Price History

10/09/2024
Austin

Austin #5091092

Price change
$824,000
-2.37%
05/10/2024
Austin

Austin #5091092

Price change
$844,000
-2.31%
04/29/2024
Austin

Austin #5091092

Price change
$864,000
-2.37%

Schools & Community

Elementary school: 

West Cypress Hills

Middle school: 

Lake Travis

High school: 

Lake Travis

Community features: 

Playground, Pool, Sidewalks, Street Lights

High school district: 

Lake Travis ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$277,995
Asking price
$824,000
Closing costs (~8% of asking)
-$65,920
Est. remaining loan balance
-$480,085
Cash to seller
$277,995

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Resicentral Llc

Loan start date

September 2021

Original loan amount

$516,000

Est. remaining balance

$480,085

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

David Stuart Walling and Jana Walling

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/22/2024 at 4:25 PM

Listing updated: 10/09/2024 at 7:19 AM

Listed by: Jana Walling, The Virtual Realty Group Phone #: (512) 663-3202

MLS: Austin #5091092

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