Priced at 103.4% of tax value. Waterfront second floor condo in The Island on Lake Travis. 2 bedroom 2 bath. Gated entry. Covered parking. Open floor plan. Kitchen open great room. Fireplace. Granite, stainless appliances, upgraded cabinets with glass fronts, custom lighting. Master with garden tub, separate shower. Oversized balcony overlooking Lake Travis. Appliances convey. Excellent Lago Vista schools within 4 MI. HouseCanary: very low investment risk, high annual value trends. Great demographics. 18 MI to US-183. 21 MI to FM-620. 29 MI to Seton Williamson. 37 MI to UT. 39 MI to downtown.
WHY INVEST?
HouseCanary data:
Days on market | Down 48 days
Months of inventory | Down 1 month
Very of value decline | Very low
Forecast value growth | 1 year 5.5% | 2 year 9.9% | 3 year 13.9%
Island on Lake Travis Census Tract demographics:
$1.3M avg. household (HH) net worth
$93K avg. HH i...
$93K avg. HH income
32% college degrees
68% married
Low crime rate
GRAPHICS PACK (DATA & MAPS)
The Graphics Pack consolidates key information about this property including:
Outstanding LVISD | All within 4 MI
Lago Vista Elementary | 8 of 10 Greatschools rating | 4 MI
Lago Vista Middle | 6 of 10 Greatschools rating | 3.8 MI
Lago Vista High | 5 of 10 rating | 2.5 MI
Google Maps | 18.2 MI to US-183-A & FM-1431 | 20.7 MI to FM-620-N at Anderson Mill RD | 28.9 MI to Seton Medical Center Williamson | 37.1 MI to UT
PROPERTY DATA
All data from the Harris County Appraisal District or Harris County Tax Office unless noted
HVAC: 1,188 SF | 110.37 m2*
Year built: 1987
Land: 0.2426 acres | 10,567.66 SF | 0.098 hectares | 981.77 m2*
Owners: CINDY FISHER
Legal: Property ID 709414 | Geographic ID 0168900332 | Legal Description UNT 1203 ISLAND ON LAKE TRAVIS CONDOMINIUM AMENDED THE PLUS .5688 INT IN COM AREA
2017 tax value: $183,684
List price: $189,900
List price / 2017 tax value: 103.4 percent ($189,900 [List price] / $183,684 [2017 tax value])**
2017 taxes: $4,638.85
2017 tax rate: 2.564341
Exemptions: None
HOA: The Island on Lake Travis | 512.267.1175 | Mandatory | $590.97 monthly | 3 story community center | Indoor pool | Outdoor pools | Hot tub | Work out center | Sauna | Spa | Docks | Salon | Restaurant | Option to purchase boat slip
*m2 and hectares calculations from SWPRE Big Data
** Calculation from SWPRE Big Data
3% BUYER BROKER FEE
Only requirements for full commission are: #1 Texas real estate broker license; and #2 Submit contract that escrows, closes, funds.
WHO LIVES IN LAGO VISTA?
SWPRE provides demographics based on ESRI Tapestry Segmentation instead of tables of data. Tapestry segmentation provides an accurate, detailed description of Americas neighborhoods U.S. residential areas are divided into 67 distinctive segments based on their socioeconomic and demographic composition then further classifies the segments into LifeMode and Urbanization Groups.
COMPARATIVE DEMOGRAPHICS
SWPRE utilizes socio-demographic data from Certified Commercial Investment Member (CCIM) and ESRI. SWPRE Big Data analyzes ESRI and CCIM data to generate comparative socio demographic graphics.
Lago Vista ranks #1 compared to Austin | Dallas | Houston | San Antonio in:
Home values: % $400K $500K homes | annual % growth in $1M+ homes
Household (HH) income: Avg. | annual growth | % greater than $100K | % $100 $150K | % $150K $200K | % greater than $200K
HH net worth: Avg. | % $250K $500K | $ greater than $500K | avg. less than 25 years old | avg. 25 34 | avg. 35 44 | avg. 45 54 | avg. 55 64 | avg. 65 74 | avg. 75+
AUSTIN REAL ESTATE FOR THE GREATER GOOD
Through SWPRE Philanthropy, SWPRE and SWPRE Philanthropy Realtors donate 10% of revenues/commissions to SWPRE Preferred Nonprofits. SWPRE advocates but does not require gift matching. It can add up fast!
SWPRE Philanthropy gift recipients are selected by our client. The Seller of this property has directed our gift to Dell Seton Medical Center at The University of Texas Austin.
The Power of Gift Matching
If sold at list price and all parties match the SWPRE Philanthropy gift, Dell Seton Medical Center at The University of Texas Austin will receive a gift of $9,743!
Your gift will be doubled!
The Michael & Susan Dell Foundation is helping to elevate Central Texans healthcare with a $25 million challenge grant to help build the new Dell Seton Medical Center at The University of Texas.
This generous grant will double every donation, whether its $10 or $10,000, up to $25 million. Many thanks to the Michael & Susan Dell Foundation and you for supporting Seton and the future of care in our community!
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