NOT LISTED FOR SALE

202 Far Vela Ln Lakeway, TX 78734

Estimated Value: $1,258,000 - $1,634,938

5 Beds
4.5 Baths
6,751 Sq Ft
$214/Sq Ft Est. Value

Last Sold April 12, 2022

Current estimated payment $9,030/month

9 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • 1.01 Acre Lot
  • Lakeway Elementary School Rated A-
  • Gated Community
  • Community Lake

About This Home

As of April 2022

Rare find in Far Vela Estates! Homes in this neighborhood don't come to market often, and for good reason. This spacious 6751 sf estate is tucked away on 1 acre, backing to wildlife preserve, in the small, sought after, gated community that boasts both seclusion and surprisingly easy access to RR620. With 5 bedrooms, 4.5 bathrooms and tons of living space, this home has more than enough room for you and your guests. Enjoy the scenic hill country from the windows and balcony on the main and upper floors, or head downstairs for an entertainer's paradise, complete with kitchenette, and huge, private backyard. In addition to the dedicated dining room, office and formal living room, this home has all the flex space a homeowner could desire! Want a gym? You got it! Want a gym, a billiards room AND a yoga studio? No problem! Media room? Yep! Playroom for you and one for the kids? Done. With all of this space, ample storage is both a requirement and on offer in this home. Located in the desirable Lake Travis school district and nestled in the heart of the Lakeway area, this gem is precious and will surely sell quickly, so don't miss your chance to schedule a private showing today!

Last Agent to Sell the Property

Guy Oberg

Compass RE Texas, LLC License #0534590 Listed on: 02/09/2022

Compass RE Texas, LLC

Co-Listed By

Anna Oberg

Compass RE Texas, LLC License #0711347

Last Buyer's Agent

Marie Lowman

All City Real Estate Ltd. Co License #0530444

All City Real Estate Ltd. Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,324

Year Built

  • Built in 2004

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 278 x 1709
  • Adjacent to Greenbelt
  • Northwest Facing Home
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Property is in good condition

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage

Property Views

  • Panoramic
  • Hills
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Masonry Siding
  • Stucco

Interior Spaces

  • 6,751 Sq Ft Home
  • 3-Story Property
  • Wired For Sound
  • Bookcases
  • Beamed Ceilings
  • High Ceiling
  • Plantation Shutters
  • French Doors
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Multiple Living Areas
  • Dining Area
  • Security System Owned

Kitchen

  • Built-In Double Convection Oven
  • Gas Cooktop
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include see remarks

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Lakeway Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Municipal Utilities District Water
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01317001020000

Community Details

Overview

  • Association fees include common area maintenance
  • Far Vela Estate Association
  • Lakeway Subdivision
  • Community Lake

Recreation

  • Golf Course Community
  • Community Playground
  • Community Pool
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,324

Year Built

Built in 2004

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2004
  • Additional Parcels: No
  • Direction Faces: Northwest
  • Directions: 620 to Lohman's Crossing stoplight. Turn towards Randall's Grocery on Ameno and you will find yourself at the gates entry to Far Vela Estates. Follow street until it dead ends. House up on left.
  • Disclosures: Seller Disclosure, Water District
  • Fencing: None
  • Fireplaces: 2
  • Garage Spaces: 3
  • Green Energy Efficient: Other/See Remarks
  • Green Sustainability: See Remarks
  • Levels: Three Or More
  • Living Area: 6751
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT700459
  • Co List Office Phone: (512) 575-3644
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 16460.00
  • FEMA Flood Plain: No
  • Restrictions: City Restrictions,Covenant
  • Tax Exemptions: Homestead
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bookcases, Beamed Ceilings, High Ceilings, Entrance Foyer, French Doors, In-Law Floorplan, Interior Steps, Multiple Dining Areas, Multiple Living Areas, Primary Bedroom on Main, Wired for Sound
  • View: Hill Country, Panoramic, Park/Greenbelt
  • Flooring: Carpet, Tile, Wood
  • Fireplace Features: Family Room, Primary Bedroom
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Convection Oven, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Free-Standing Range, Refrigerator
  • Main Level Bedrooms: 1
  • Property Condition: Resale, Good
  • Security Features: Prewired, Security System Owned
  • Spa Features: None
  • Window Features: Plantation Shutters
  • ResoLivingAreaSource: Owner
  • Laundry Location: Main Level
  • Num Dining: 3
  • Num Living: 4
  • Num Other Level Beds: 4
  • Num Guest Beds: 1

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Balcony, Private Yard
  • Roof: Concrete, Tile
  • Foundation: Slab
  • Patio And Porch Features: Covered, Deck, Patio, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3
  • Parking Features: Attached, Garage Faces Side
  • Total Parking Spaces: 6

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, Phone Available, Propane, Water Connected
  • Heating: Central, Propane
  • Water Source: MUD
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Quarterly
  • Association Fee: 300

Association/Amenities

  • Association Name: Far Vela Estate
  • Association: Yes
  • Community Features: Gated, Golf, Lake, Park, Playground, Pool

Schools

  • Elementary School: Lakeway
  • High School: Lake Travis
  • Middle/Junior School: Hudson Bend
  • Junior High Dist: Lake Travis ISD

Lot Info

  • Lot Features: Back to Park/Greenbelt, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Lot Size: 278 x 1709
  • Parcel Number: 01317001020000
  • Lot Size Acres: 1.013
  • Lot Size Sq Ft: 44126.28
  • Subdivision Name: Lakeway

Building Info

  • Construction Materials: Masonry – All Sides, Stucco
  • New Construction: No

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 13324
  • Tax Map Number: 113
  • Tax Rate: 2.01057000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
Apr 12, 2022
Sold by
Mosley Marcellius and Mosley Claudia
Bought by
Leblanc Justin Aaron and Leblanc Brandy L
Seller's Agent
Guy Oberg
Compass RE Texas, LLC
Buyer's Agent
Marie Lowman
All City Real Estate Ltd. Co
List Price
$1,650,000
Current Estimated Value
$1,446,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.65%
Original Mortgage
$1,015,000
Outstanding Balance
$950,076
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$496,393

Purchase Details

Listed on
Sep 10, 2017
Closed on
Feb 28, 2018
Sold by
Mitre Luis A and Mitre Monica P
Bought by
Mosley Mercellius and Mosley Claudia
Seller's Agent
April Womack
Moreland Properties
Buyer's Agent
Guy Oberg
Compass RE Texas, LLC
List Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%
Original Mortgage
$608,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 7, 2012
Closed on
May 15, 2012
Sold by
Justice Amanda C
Bought by
Mitre Luis A and Mitre Monica P
Seller's Agent
Warren Chirhart
Keller Williams - Lake Travis
Buyer's Agent
Carole Martin
KW-Austin Portfolio Real Estate
List Price
$759,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Original Mortgage
$417,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 7, 2012
Closed on
May 1, 2012
Sold by
Osherow Randolph N
Bought by
Mitre Luis A and Mitre Monica P
Seller's Agent
Warren Chirhart
Keller Williams - Lake Travis
Buyer's Agent
Carole Martin
KW-Austin Portfolio Real Estate
List Price
$759,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2008
Sold by
Lundin Eric A and Lundin Bonnie L
Bought by
Wilt Sean C and Justice Amanda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,200
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2004
Sold by
Toll Tx Ii Lp
Bought by
Lundin Eric A and Lundin Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Leblanc Justin Aaron -- Independence Title
Mosley Mercellius -- Capital Title
Mitre Luis A -- None Available
Mitre Luis A -- None Available
Wilt Sean C -- First American Title
Lundin Eric A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leblanc Justin $300,000
Open Leblanc Justin Aaron $1,015,000
Previous Owner Mosley Mercellius $608,000
Previous Owner Mitre Luis A $604,896
Previous Owner Mitre Luis A $417,000
Previous Owner Mitre Luis A $417,000
Previous Owner Wilt Sean C $709,200
Previous Owner Lundin Eric A $112,900
Previous Owner Lundin Eric A $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold -- -- --
02/18/2022 02/18/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $1,650,000 +106.3% $244 / Sq Ft
02/28/2018 02/28/18 Sold -- -- --
11/21/2017 11/21/17 Price Changed $799,900 -5.9% $119 / Sq Ft
11/02/2017 11/02/17 Price Changed $849,900 -2.3% $127 / Sq Ft
10/24/2017 10/24/17 Price Changed $869,900 -0.6% $130 / Sq Ft
10/10/2017 10/10/17 Price Changed $874,900 0.0% $130 / Sq Ft
09/30/2017 09/30/17 For Sale $875,000 0.0% $130 / Sq Ft
09/23/2017 09/23/17 Off Market -- -- --
09/10/2017 09/10/17 For Sale $875,000 +15.3% $130 / Sq Ft
05/15/2012 05/15/12 Sold -- -- --
04/16/2012 04/16/12 Pending -- -- --
03/07/2012 03/07/12 For Sale $759,000 -- $116 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,765 $1,198,658 -- --
2023 $12,765 $990,626 $0 $0
2022 $17,102 $900,569 $0 $0
2021 $16,461 $818,699 $172,188 $646,511
2020 $16,550 $774,537 $172,188 $602,349
2018 $17,561 $791,787 $172,188 $744,758
2017 $16,001 $719,806 $172,188 $547,618
2016 $16,142 $726,135 $172,188 $553,947
2015 $13,039 $732,200 $172,188 $560,012
2014 $13,039 $692,294 $137,750 $554,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 8356939

Unlock MLS (Austin Board of REALTORS®)

APN: 521853