$625,000
SOLD FEB 3, 2025
Last list price

807 Palos Verdes Dr Lakeway, TX 78734

3 Beds
2 Baths
2,074 Sq Ft
0.53 Acres

Recently Sold

$301 Per Sq Ft

157 Days on Market

Highlights

  • Airport or Runway
  • Golf Course Community
  • Fishing
  • Lakeway Elementary School Rated A-
  • Fitness Center
  • View of Trees or Woods

About This Home

As of February 2025

As the personal home of one of Lakeway’s original builders, this property offers a fantastic opportunity to create your dream space on an oversized .53-acre lot. Backing to a serene greenbelt and adjacent to Yaupon Creek, the backyard feels like a private park with beautiful views and no back neighbors. The one-story layout features a welcoming front patio, a spacious back deck, and a charming pergola in the side yard, all perfect spots for enjoying the peaceful surroundings. Inside, the open concept floor plan is ideal for entertaining, with a large kitchen and living room centered around a cozy fireplace. The kitchen has a great layout, just waiting for your personal touch to bring it to life. The primary suite is thoughtfully positioned on one side of the house for privacy and includes a versatile flex room—perfect for a study, craft room, or nursery. On the opposite side of the home, two additional bedrooms share a generous bathroom, offering comfort and convenience for family or guests. Step outside to the expansive, fenced backyard where you can relax on the back patio and take in the tranquil views—it's a one-of-a-kind space that truly sets this home apart. The two-car garage with built-in cabinets and a side entry provides extra storage and easy access. Living in Lakeway means embracing a vibrant lifestyle, with community and holiday events, a variety of clubs, and endless recreational opportunities like golf, tennis, and pickleball. Plus, you’re just minutes from the sparkling waters of Lake Travis and zoned for the acclaimed Lake Travis schools. Whether you're looking for a fix-and-flip project or a home to customize to your taste, this property offers endless potential in a prime location!

Last Agent to Sell the Property

Jennifer Henry

Compass RE Texas, LLC Brokerage Phone: 512-217-1887 License #0601522 Listed on: 08/15/2024

Compass RE Texas, LLC

Co-Listed By

Jacob Diaz

Compass RE Texas, LLC Brokerage Phone: 512-217-1887 License #0734365

Last Buyer's Agent

Renee Livsey

JBGoodwin REALTORS NW License #0639830

JBGoodwin REALTORS NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,909

Year Built

  • Built in 1993

Lot Details

  • 0.53 Acre Lot
  • Adjacent to Greenbelt
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Back Yard Fenced
  • Landscaped
  • Interior Lot
  • Sprinkler System
  • Mature Trees
  • Wooded Lot
  • Property is in good condition

Parking

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

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Awning
  • Blinds
  • Entrance Foyer
  • Living Room with Fireplace
  • Sitting Room
  • Dining Area
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Separate Shower

Outdoor Features

  • Patio
  • Pergola
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer
  • Cable TV Available

Additional Features

  • No Interior Steps
  • Property is near a golf course

Listing and Financial Details

  • Assessor Parcel Number 01397306240000
  • Tax Block D

Community Details

Overview

  • No Home Owners Association
  • Built by Grayum Builders
  • Lakeway Sec 27 Subdivision
  • Community Lake

Amenities

  • Restaurant
  • Airport or Runway
  • Planned Social Activities

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Fitness Center
  • Fishing
  • Dog Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,909

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1993
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: Hwy 620 S to Lakeway Blvd/ Right on Club House Drive/ Veer left to Duck Lake Drive/ Right onto Palos Verdes Dr/ 807 Palos Verdes Drive is on your right.
  • Disclosures: MUD, Seller Disclosure
  • Fencing: Back Yard, Wood, Wrought Iron
  • Fireplaces: 1
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2074
  • Other Structures: Pergola
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT700459
  • Co List Office Phone: (512) 575-3644
  • Attribution Contact: 512-217-1887
  • Attribution Contact: 512-217-1887
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 9530.00
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Homestead,Over 65
  • Unit Style: 1st Floor Entry
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Laminate Counters, Double Vanity, Electric Dryer Hookup, Entrance Foyer, Multiple Dining Areas, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Washer Hookup
  • View: Park/Greenbelt, Trees/Woods
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room, Wood Burning
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Electric Range
  • Main Level Bedrooms: 3
  • Property Condition: Resale, Good
  • Security Features: Smoke Detector(s)
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: Laundry Room
  • Num Dining: 2
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Exterior Steps, Private Yard
  • Roof: Composition
  • Builder Name: Grayum Builders
  • Foundation: Slab
  • Patio And Porch Features: Awning(s), Patio, Porch
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: MUD
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Water Source: MUD
  • Cooling: Central Air, Electric

Association/Amenities

  • Association: No
  • Community Features: Airport/Runway, Dog Park, Fishing, Fitness Center, Golf, Lake, Planned Social Activities, Restaurant, Sport Court(s)/Facility, Tennis Court(s), Trail(s)

Condo/Co-op/Association

  • Community Web Site: https://www.lakeway-tx.gov/

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 to Park/Greenbelt, Interior Lot, Landscaped, Near Golf Course, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Views
  • Parcel Number: 01397306240000
  • Lot Size Acres: 0.5344
  • Lot Size Sq Ft: 23278.46
  • Subdivision Name: Lakeway Sec 27

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Block: D
  • Tax Year: 2024
  • Tax Map Number: 2957
  • Tax Filled Sqft Total: 2599
  • Tax Rate: 1.75960000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Feb 3, 2025
Sold by
Grayum Anna Marie and Grayum Richard Walter
Bought by
Rossi Kimberly
Seller's Agent
Jennifer Henry
Compass RE Texas, LLC
Buyer's Agent
Renee Livsey
JBGoodwin REALTORS NW
List Price
$625,000
Views
82
Current Estimated Value
$600,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$455,000
Outstanding Balance
$452,602
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$147,515

Purchase Details

Closed on
Dec 15, 1998
Sold by
Grayum Anna Marie and Grayum Craig Alan
Bought by
Grayum Anna Marie

Purchase Details

Closed on
Dec 27, 1995
Sold by
George Grayum Builders Inc
Bought by
Grayum Anna M and Grayum George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1995
Sold by
Lavender Darvey and Lavender Ann
Bought by
Grayum Craig Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 4, 1995
Sold by
Belknap Trust
Bought by
Grayum Anna Marie
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Texas National Title
Interfamily Deed Transfer -- --
Warranty Deed -- --
Warranty Deed -- Austin Title Company
Warranty Deed -- Austin Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $455,000 New Conventional
Previous Owner $11,000 Purchase Money Mortgage
Closed $0 Assumption
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2025 02/03/25 Sold -- -- --
01/02/2025 01/02/25 For Sale $625,000 0.0% $301 / Sq Ft
12/21/2024 12/21/24 Off Market -- -- --
11/15/2024 11/15/24 Price Changed $625,000 -2.3% $301 / Sq Ft
10/11/2024 10/11/24 Price Changed $640,000 -0.8% $309 / Sq Ft
09/20/2024 09/20/24 Price Changed $645,000 -0.8% $311 / Sq Ft
08/24/2024 08/24/24 Price Changed $650,000 -0.8% $313 / Sq Ft
08/15/2024 08/15/24 For Sale $655,000 -- $316 / 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 $2,909 $585,000 $271,024 $313,976
2023 $2,435 $492,350 $0 $0
2022 $8,539 $447,591 $0 $0
2021 $8,284 $406,901 $80,500 $378,427
2020 $9,821 $369,910 $80,500 $289,410
2018 $8,677 $379,926 $80,500 $299,426
2017 $8,624 $375,125 $80,500 $294,625
2016 $8,013 $348,527 $80,500 $268,027
2015 $3,663 $326,099 $80,500 $245,599
2014 $3,663 $301,296 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9326548

Unlock MLS (Austin Board of REALTORS®)

APN: 137505