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$2,750,000

Beds
6
Baths
5.0
sq ft
4,096

7320 Reed Dr, Volente, TX 78641

7320 Reed Dr

Volente, TX 78641

  • 38 days on market
Rare Deepwater Acreage on Lake Travis with Price Improvement! Don't miss out on this amazing opportunity to own a truly exceptional piece of property. Situated on a sprawling 2.37+/- acre tract, this gem boasts an impressive 135 feet of waterfrontage along the coveted North Shore. Dive and snorkel to your heart's content with over 100 feet of depth right off your own backyard. Prepare to be captivated by the breathtaking panoramic views that stretch as far as the eye can see. With easy access to the lake, every day will feel like a vacation. The lush yard is adorned with majestic Oak and Pecan trees, creating a serene oasis that is perfect for relaxation and outdoor enjoyment. Located on a tranquil street, this premier lakefront property offers an elevated vantage point that provides exceptional sunset views over the glistening water below. The Villages of Volente, a charming lakeside community, is just a short 20-mile drive from downtown Austin. Plus, you'll have the advantage of being part of the highly acclaimed Leander ISD, known for its top-notch schools. Step inside and be greeted by the architectural character that sets this home apart. The great room area boasts an impressive 18' vaulted ceiling crafted from original repurposed wood, adding a touch of rustic elegance. Natural limestone walls grace the master bedroom and mother-in-law suite, creating a sense of warmth and tranquility. The mother-in-law suite is perfect for accommodating elderly parents or hosting guests for an unforgettable weekends of entertainment. And with grocery stores, restaurants, and retail destinations just a quick 10-minute drive away, convenience is at your fingertips. This is a once-in-a-lifetime opportunity to own a slice of paradise on Lake Travis. Don't let it slip away. Contact us today to schedule your private viewing and make this dream home yours.

Details

Property type

Single Family Residence

Est. home value

$3,127,241

Lot size

2.3764 acres

Price per sq ft

$672

Year built

1982

Annual property taxes

$34,068.8

HOA

No

Price History

10/01/2024
Austin

Austin #6723452

Listed
$2,750,000

Schools & Community

Elementary school: 

Grandview Hills

Middle school: 

Four Points

High school: 

Vandegrift

Community features: 

Park

High school district: 

Leander 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

$2,327,015
Asking price
$2,750,000
Closing costs (~8% of asking)
-$220,000
Est. remaining loan balance
-$202,985
Cash to seller
$2,327,015

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

Seller’s Loan History

Lender

United Heritage Cu

Loan start date

April 2013

Original loan amount

$400,000

Est. remaining balance

$202,985

Interest rate

3.53%

Loan type

Not Provided, 20 year

Seller

Martin Murphy and Martin T Murphy

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: 11/08/2024 at 7:40 AM

Listing updated: 10/05/2024 at 10:40 AM

Listed by: Michael Hopkins, Hopkins Real Estate, LLC. Phone #: (512) 470-4949

MLS: Austin #6723452

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