NOT LISTED FOR SALE

551 Peterson Ln Lakeway, TX 78734

Lakeway Area

Estimated Value: $623,000 - $813,612

4 Beds
2.5 Baths
2,612 Sq Ft
$283/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2023

Current estimated payment $4,952 / mo

78 Days on Market

Highlights

  • Community Boat Dock
  • Boat Ramp
  • View of Trees or Woods
  • Serene Hills Elementary School Rated A-
  • In Ground Pool
  • Lake Privileges

About This Home

As of December 2023

Welcome to this enchanting single-story home in Old Lakeway, where timeless charm meets contemporary living. Nestled on a sprawling .401-acre lot adorned with majestic oak trees, this four-bedroom plus office, three-bathroom residence boasts an exquisite heated pool and spa, complete with a mesmerizing waterfall – a true oasis for relaxation and entertainment.

Inside, a fully remodeled kitchen awaits, seamlessly blending style and functionality. Gleaming stainless steel appliances and a convenient built-in buffet enhance its appeal, while abundant cabinets ensure ample storage for all your culinary needs.

The adjacent breakfast area and spacious kitchen bar offer versatile dining options. Whether basking in the morning sun or enjoying a quick meal at the bar, these spaces cater to casual dining. The heart of the kitchen, a generously sized island, fulfills every chef's dream, facilitating culinary creativity and lively gatherings.

The family room, with its striking stone fireplace, creates a welcoming ambiance for gatherings and meaningful conversations. It opens up to the backyard, revealing serene views of the pool and spa. These spaces seamlessly connect to the outdoor oasis, ideal for tranquil evenings or hosting guests in an inviting atmosphere.

Beyond the home, access to Lohman's Crossing Estates awaits – a private haven offering a community pool, a gated park, tennis courts, a private day dock, and a boat ramp, enhancing the quintessential Lakeway lifestyle.

Nestled in the coveted Old Lakeway neighborhood, this residence combines retreat-like serenity with nearby conveniences like shopping, dining, medical facilities, and recreational options just moments away. It's the perfect blend of nature's tranquility and modern comfort, creating an entertainment haven where every day feels like a vacation. Moreover, it resides within the esteemed Lake Travis Independent School District, ensuring top-tier educational opportunities for your family.

Last Agent to Sell the Property

Alison Elliott

Kuper Sotheby's Int'l Realty Brokerage Phone: (512) 261-0008 License #0703375 Listed on: 09/14/2023

Kuper Sotheby's Int'l Realty

Last Buyer's Agent

Suzie Adams

Christies Intl Real Estate Lone Star License #0635645

Christies Intl Real Estate Lone Star

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 17,468 Sq Ft Lot
  • Southeast Facing Home
  • Property is Fully Fenced
  • Wood Fence
  • Landscaped
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Back and Front Yard
  • Property is in good condition

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Composition Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 2,612 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Woods
  • Washer Hookup

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Built-In Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Home Security

  • Security System Leased
  • Fire and Smoke Detector
  • In Wall Pest System

Accessible Home Design

  • No Interior Steps

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Boat Ramp
  • Lake Privileges
  • Covered Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Municipal Utilities District for Water and Sewer
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01437311050000
  • Tax Block B

Community Details

Overview

  • Association fees include common area maintenance
  • Lohmans Crossing Estates Association
  • Lohman's Crossing Estates, Lakeway Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Common Area

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Pool
  • Park
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0.4 Acres

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2001
  • Additional Parcels: No
  • Direction Faces: Southeast
  • Directions: 620 RT ON LAKEWAY BLVD, RT ON LOHMANS CROSSING,RT ON HURST CREEK,RT ON RUPEN,LFT ON PETERSON
  • Disclosures: Seller Disclosure, Water District
  • Fencing: Fenced, Full, Privacy, Wood
  • Fireplaces: 1
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2612
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 261-0008
  • Attribution Contact: (512) 261-0008
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 12950.00
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 45.34
  • Current Price By Living Ar: 303.22
  • Current Price By Original : 0.94
  • List Price Lot Size Square: 45.74
  • List Price By Living Area: 305.90
  • List Price By Original Lis: 0.94
  • Restrictions: None
  • Tax Exemptions: Homestead
  • Unit Style: 1st Floor Entry,Single level Floor Plan
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), High Ceilings, Granite Counters, Entrance Foyer, In-Law Floorplan, No Interior Steps, Primary Bedroom on Main, Walk-In Closet(s), Washer Hookup
  • View: Pool, Trees/Woods
  • Flooring: Carpet, Tile
  • Fireplace Features: Family Room
  • Accessibility Features: None
  • Appliances: Built-In Electric Oven, Built-In Oven(s), Dishwasher, Disposal, Electric Cooktop, Microwave, Oven, Self Cleaning Oven, Stainless Steel Appliance(s), Electric Water Heater, Wine Refrigerator
  • Main Level Bedrooms: 4
  • Property Condition: Resale, Good
  • Security Features: Prewired, Security System Leased, Smoke Detector(s)
  • Spa Features: Hot Tub, In Ground
  • Window Features: Double Pane Windows, Skylight(s)
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room,Main Level

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms: 4

Exterior Features

  • Exterior Features: Boat Dock - Shared, Boat Ramp, Gutters Full, Pest Tubes in Walls, Private Yard, See Remarks
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Rear Porch
  • Pool Features: In Ground, Outdoor Pool, Pool/Spa Combo
  • Private Pool: Yes
  • Water Body Name: Lake Travis
  • Waterfront Features: Lake Privileges
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Garage Faces Side
  • Total Parking Spaces: 4

Utilities

  • Sewer: MUD
  • Utilities: Electricity Connected, Propane, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: MUD
  • Cooling: Ceiling Fan(s), Central Air, Electric

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 51
  • Community Web Site: https://lohmanscrossingestates.com/

Association/Amenities

  • Association Name: Lohmans Crossing Estates
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Common Grounds, Dog Park, Lake, Park, Picnic Area, Pool, Sidewalks, Tennis Court(s), Walk/Bike/Hike/Jog Trail(s

Schools

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

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Private, Sprinkler - Automatic, Trees-Medium (20 Ft - 40 Ft)
  • Parcel Number: 01437311050000
  • Lot Size Acres: 0.401
  • Lot Size Sq Ft: 17467.56
  • Subdivision Name: Lohman's Crossing Estates, Lakeway

Building Info

  • Construction Materials: Stone Veneer, Stucco
  • New Construction: No

Tax Info

  • Tax Block: B
  • Tax Year: 2023
  • Tax Rate: 1.90780000000000

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Dec 26, 2023
Sold by
Bought by
Seller's Agent
Alison Elliott
Kuper Sotheby's Int'l Realty
Buyer's Agent
Suzie Adams
Christies Intl Real Estate Lone Star
List Price
$847,000
Views
64
Current Estimated Value
$739,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.61%
Original Mortgage
$412,000
Interest Rate
0.0744%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2019
Closed on
Jun 25, 2019
Sold by
Bought by
Seller's Agent
Ellen Burns
Coldwell Banker Realty
Buyer's Agent
Deonne Nelson
eXp Realty, LLC
List Price
$589,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$441,750
Interest Rate
0.0574%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 2007
Sold by
Bought by

Purchase Details

Closed on
Aug 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
0.0647%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,602
Interest Rate
0.0768%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
-- None Available
-- North American Title
-- North American Title
-- Towne & Country Title Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $426,155
Closed $412,000
Previous Owner $441,750
Previous Owner $240,000
Previous Owner $25,602
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2023 12/27/23 Sold -- -- --
12/01/2023 12/01/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $799,000 -5.7% $306 / Sq Ft
09/14/2023 09/14/23 For Sale $847,000 +43.8% $324 / Sq Ft
06/25/2019 06/25/19 Sold -- -- -- View Prior Sale
05/15/2019 05/15/19 Pending -- -- --
05/11/2019 05/11/19 For Sale $589,000 -- $224 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,063 $747,983 $243,771 $504,212
2023 $8,862 $678,810 $0 $0
2022 $11,773 $617,100 $0 $0
2021 $11,422 $561,000 $110,000 $480,104
2020 $13,540 $510,000 $110,000 $400,000
2018 $10,551 $462,000 $110,000 $355,135
2017 $9,656 $420,000 $100,000 $320,000
2016 $10,455 $454,765 $100,000 $358,046
2015 $7,478 $413,423 $100,000 $325,095
2014 $7,478 $375,839 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1765070

Unlock MLS (Austin Board of REALTORS®)

APN: 144118

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