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Market report for Lakeway waterfront homes in July 2009 (waterfront home for sale under $600K)

By Betina Foreman

Real Estate Agent with WJK Realty 0570241

October 11, 2009 04:27 AM

Lakeway has many gorgeous waterfront homes for sale. This Market Report shows you the current information on recent listings and home sales for Lakeway. The homes used in this report have at least 3 bedrooms and two bathrooms and are true Lake Travis waterfront properties.

11 Homes Actively listed for sale:

Average Year Built 1986 Average SF 3812 Average Price Per SF $346.09

Average List Price $1,334,545. Average number of days on market before selling 235.

1 Home Sold in July 2009:

Year Built 1965 3860SF 4 bedrooms 3 bathrooms on .85 acre lot List Price $1,399,000. (Sold Price not disclosed due to Texas laws)

Since Lakeway used to be a sleepy, bedroom community an hour from Austin there are still a few lakefront homes that were built in the 1940's-1970's. Occasionally one of these older homes is listed for sale. Right now there is an older waterfront home built in 1970 for sale for only $599K. This home has been updated somewhat and has four bedrooms and two bathrooms in 1673 square feet. The lot is very large with .49 of an acre and a new 9x25 dock. It is on a finger of the lake that has water at 659 feet. If your interested in this lake property or any other please give me a call.

Betina Foreman Realtor

Keller Williams Realty Austin and Lake Travis

BetinaForemanREALTRO@yahoo.com Betina@KW.com 512-771-6318 www.BetinaForeman.com

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Leesa Finley

RED Properties - Wake Forest, NC

RED Properties - Raleigh NC Real Estate

Hey, Betina - Great market report and it's wonderful that you specifically targeted Lakeway! It's nice to see areas "broken up" for purposes of market reports - not enough people do that!

Oct 11, 2009 07:51 AM

Betina Foreman

WJK Realty - Austin, TX

Realtor, C.N.E., with WJK REALTY

Dear Leesa,

Thank you for noticing. Market reports really need to be for a specific area and a specific type of property. General reports for the entire city are not accurate, as there are a wide variety of homes andprices. I have been going to Lakeway for 30 years to sail and swim, and love this community. When I worked for the custom builder we were in Lakeway and the homes we built were all over Lake Travis. There is an old saying in Lakeway: You can do something the wrong way, or the right way, or the Lakeway. The Lakeway is one step above the right way.

Betina

Oct 12, 2009 01:47 AM

Craig Rutman

Helping people in transition - Cary, NC

Raleigh, Cary, Apex area Realtor

Great job letting the folks in your neck of the woods know what's happening in the Austin Real Estate market.

Oct 12, 2009 05:58 AM

Market report for Lakeway waterfront homes in July 2009 (waterfront home for sale under $600K)

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Betina Foreman

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