NOT LISTED FOR SALE

503 Explorer Lakeway, TX 78734

Estimated Value: $1,113,424 - $1,236,000

5 Beds
4.5 Baths
3,965 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 28, 2022

Current estimated payment $7,250/month

4 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • Mature Trees
  • Serene Hills Elementary School Rated A-
  • Heated In Ground Pool
  • View of Hills

About This Home

As of June 2022

PARADISE in LAKEWAY! This CUSTOM stunner offers timeless appeal and is ready to begin making memories with a SPARKLING POOL and a +/-.5 acre lot! Hardwood floors guide you to the main level with walls of windows that overlook the treetop view of the hill country and your own RESORT-STYLE backyard. LARGE open family room with a see-through fireplace is the perfect place to snuggle up and watch a movie after a long day in the pool. The gourmet kitchen features Jenn-Air appliances with a gas cooktop, double ovens, warming drawer, and Carrera marble backsplash. This cheerful ESTATE is full of natural light, there is room for everyone to enjoy both nature and family time. A private office with built-ins will keep you both productive and organized, all from the comfort of your own home. Owners are sure to get good night’s sleep with treetop views, a second fireplace, and a private sitting area…a hotel-worthy place to call HOME! Downstairs, don’t miss FOUR additional bedrooms, all are spacious and offer on-suite bathroom access along with built-in desks. The lower-level living space can be closed off to create the perfect media room environment. A circular motor court guides you onto the property with additional driveway space leading to the oversized, side-entry 3-car garage. This PRESTIGIOUS home is on one of Lakeway’s most sought-after streets, has NO HOA, and a LOW TAX RATE of +/-2% which saves HUNDREDS of dollars per month! Exemplary LTISD. Just minutes to the marina, golf course, and miles of trails!

Last Agent to Sell the Property

April Womack

Moreland Properties License #0570636 Listed on: 05/24/2022

Moreland Properties

Last Buyer's Agent

Diane Bennett

REALTY CAPITAL CITY License #0564717

REALTY CAPITAL CITY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,215

Year Built

  • Built in 1995 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • Southeast Facing Home
  • Mature Trees
  • Back Yard Fenced

Parking

  • 3 Car Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Concrete Roof
  • Stucco

Interior Spaces

  • 3,965 Sq Ft Home
  • 2-Story Property
  • Bar
  • Double Sided Fireplace
  • Propane Fireplace
  • Blinds
  • Family Room with Fireplace
  • 2 Fireplaces
  • Views of Hills
  • Prewired Security
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Propane Cooktop
  • Warming Drawer
  • Stainless Steel Appliances

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Fireplace in Primary Bedroom

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Grill

Schools

  • Serene Hills Elementary School
  • Hudson Bend Middle School
  • Lake Travis High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Underground Utilities
  • Propane
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot 2091
  • Assessor Parcel Number 01457605070000
  • 2% Total Tax Rate

Community Details

Overview

  • No Home Owners Association
  • Lakeway Sec 18 Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Door to Door Trash Pickup
  • Airport or Runway
  • Community Library

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,215

Year Built

Built in 1995 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Restrictions: City Restrictions
  • Year Built: 1995
  • Additional Parcels: No
  • Direction Faces: SE
  • Directions: Lohmans Crossing to RIGHT on Hurst Creek. LEFT on Morning Cloud. RIGHT on Explorer. House on your LEFT
  • Disclosures: Seller Disclosure, Water District
  • Estimated Taxes: 15031.00
  • ETJ Extra Territorial Jurdn: See Remarks
  • FEMA Flood Plain: No
  • Fencing: Back Yard
  • Fireplaces: 2
  • Garage Spaces: 3.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: See Remarks
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: Two
  • Living Area: 3965.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Breakfast Bar, Primary Bedroom on Main
  • Laundry Location: Inside, Laundry Room
  • View: Hill Country
  • Flooring: Carpet, Concrete, Tile, Wood
  • Fireplace Features: Double Sided, Family Room, Primary Bedroom, Propane
  • Num Dining: 2
  • Num Living: 3
  • Num Other Level Beds: 4
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Propane Cooktop, Stainless Steel Appliance(s), Warming Drawer
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Prewired
  • Window Features: Blinds

Beds/Baths

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

Exterior Features

  • Exterior Features: Balcony, Barbecue, Private Yard
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Features: Fenced, Gunite, Heated, In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3.00
  • Parking Features: Circular Driveway, Driveway, Garage Faces Side
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Propane, Underground Utilities, Water Connected
  • Heating: Central, Propane
  • Water Source: Municipal Utility District (MUD)
  • Cooling: Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: Airport/Runway, Dog Park, Golf Course, Lake, Library, Park, Picnic Area, Playground, Pool, Tennis Court(s), Trash Pickup - Door to Door, Underground Utilities, Walk/Bike/Hike/Jog Trail(s

Schools

  • School District: Lake Travis ISD
  • Elementary School: Serene Hills
  • High School: Lake Travis
  • Middle/Junior School: Hudson Bend

Lot Info

  • Lot Features: Back Yard, Trees-Large (Over 40 Ft)
  • Parcel Number: 01457605070000
  • Lot Size Acres: 0.4870
  • Lot Size Sq Ft: 21213.72
  • Subdivision Name: Lakeway Sec 18

Building Info

  • Construction Materials: Stucco
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 3723
  • Tax Lot: 2091
  • Tax Rate: 2.03598000000000
  • Tax Year: 2021
  • Tax Annual Amount: 12215.00
  • Tax Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 28, 2022
Sold by
Edward Gilmore John and Edward Valerie
Bought by
Newman-Wells Amy Rachelle and Wells Patrick Ovie
Seller's Agent
April Womack
Moreland Properties
Buyer's Agent
Diane Bennett
REALTY CAPITAL CITY
List Price
$1,399,900
Current Estimated Value
$1,168,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.93%
Original Mortgage
$999,999
Outstanding Balance
$951,467
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$216,639

Purchase Details

Closed on
Apr 30, 1999
Sold by
Sanchez Javier and Sanchez Cynthia P
Bought by
Gilmore John Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.99%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Newman-Wells Amy Rachelle -- New Title Company Name
Gilmore John Edward -- Stewart Title Austin Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman-Wells Amy Rachelle $999,999
Previous Owner Gilmore John Edward $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2022 06/28/22 Sold -- -- --
05/28/2022 05/28/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $1,399,900 -- $353 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $14,140 $991,062 $259,600 $731,462
2023 $15,732 $1,148,168 $220,000 $928,168
2022 $15,494 $812,122 $0 $0
2021 $15,031 $738,293 $110,000 $706,462
2020 $17,819 $671,175 $110,000 $561,175
2018 $14,812 $648,587 $110,000 $538,587
2017 $13,909 $605,000 $105,000 $500,351
2016 $12,645 $550,000 $105,000 $492,601
2015 $9,981 $500,000 $105,000 $395,000
2014 $9,981 $498,207 $100,000 $398,207
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5474269

Unlock MLS (Austin Board of REALTORS®)

APN: 147984