NOT LISTED FOR SALE

8501 Kelly Cove Lago Vista, TX 78645

Estimated Value: $1,095,314 - $1,264,000

0.99 Acre
$1,195,195 Price per Acre
42,994 Sq Ft Lot

Last Sold October 18, 2018

Current estimated payment $7,828/month

148 Days on Market

Highlights

  • Boat Ramp
  • Panoramic View
  • Adjacent to Greenbelt
  • Lago Vista Elementary School Rated A-
  • Wooded Lot
  • Lot Has A Rolling Slope

About This Lot

As of October 2018

Amazing price for this wonderful lot w/ STUNNING view of Lake Travis blue water! Build your dream home in this quiet enclave of gorgeous homes. Hard to find such great unobstructed views on buildable lot! Convenient location close to waterfront parks & boat ramps. This spacious lot accommodates a large 1-or 2- story home, pool, & guest house. Beautiful mature oak trees! (Easy to clear the cedar trees.) Near Cedar Park shopping, 183A, Cedar Park Regional Hospital, Lakeline Mall, ACC, and Metro train.Restrictions: Yes

Last Agent to Sell the Property

Jeffrey Hill

Compass RE Texas, LLC License #0622242 Listed on: 04/17/2018

Compass RE Texas, LLC

Co-Listed By

Lisa Hill

Compass RE Texas, LLC License #0525297

Last Buyer's Agent

Brittany Dailey

Rivet Real Estate License #0656718

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,724

Lot Details

  • 0.99 Acre Lot
  • Adjacent to Greenbelt
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Zoning described as Zoned

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • Driveway

Property Views

  • River
  • Lake
  • Panoramic

Schools

  • Lago Vista Elementary And Middle School
  • Lago Vista High School

Utilities

  • No Heating
  • Underground Utilities
  • Private Water Source
  • Septic Needed
  • Phone Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 01786003230000
  • 3% Total Tax Rate

Community Details

Overview

  • Kellywood Association
  • Kellywood Estates Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • No Laundry Facilities

Recreation

  • Boat Ramp

Property Details

Property Type

Land

Est. Annual Taxes

$15,724

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Single Lot
  • Restrictions: Deed Restrictions
  • Architect Approved: No
  • Builder Restricted: No
  • Commercial: No
  • Directions: From Mopac/Loop 1, North on Hwy 183/Research/183A Toll ~ 15 miles. Left on Whitestone/FM 1431 then go ~ 10 miles to Reed Park Rd (just past Church Rd and past the city of Jonestown but before Loman's Ford!). Left on Reed Park Rd, then left on Kelly Cove.
  • Estimated Taxes: 2253.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Guest Accommodation Description: None
  • Intermediary: Yes
  • Mineral: See Remarks
  • Property Panorama: No
  • Road Surface Type: Asphalt
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Laundry Location: None
  • View: Lake, Panoramic, River
  • Accessibility Features: None
  • Security Features: None
  • Spa Features: None

Exterior Features

  • Exterior Features: Boat Ramp
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • View: Yes
  • Water Body Name: Lake Travis
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Phone Available, Underground Utilities
  • Heating: None
  • Water Source: Private, Public

Condo/Co-op/Association

  • HOA Fee Includes: See Remarks
  • Association Fee Frequency: Annually
  • Association Fee: 500.00

Association/Amenities

  • Association Name: Kellywood
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: None

Schools

  • School District: Lago Vista ISD
  • School District: Lago Vista ISD
  • Elementary School: Lago Vista
  • Middle School: Lago Vista
  • High School: Lago Vista
  • Elementary School: Lago Vista
  • High School: Lago Vista
  • Middle/Junior School: Lago Vista

Lot Info

  • Endangered Species: Unknown
  • Lot Features: Back to Park/Greenbelt, Rolling Slope, Trees-Moderate
  • Topography: Sloping
  • Type of Home Allowed: Approval Required, Site Built
  • Parcel Number: 01786003230000
  • Lot Size Acres: 0.9870
  • Lot Size Sq Ft: 42994.00
  • Subdivision Name: Kellywood Estates
  • Surface Water: No
  • Zoning Description: Zoned

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No

Building Info

  • Construction Materials: None

Tax Info

  • Tax Lot: 7
  • Tax Rate: 2.55000000000000
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Oct 18, 2018
Sold by
Wiseman D Richard
Bought by
White Kevin Lee and White Tanya Ann
Seller's Agent
Jeffrey Hill
Compass RE Texas, LLC
Buyer's Agent
Brittany Dailey
Rivet Real Estate
List Price
$99,000
Current Estimated Value
$1,182,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.08%
Original Mortgage
$68,200
Interest Rate
4.5%
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
White Kevin Lee -- Texas National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Kevin Lee $60,000
Open White Kevin Lee $510,400
Closed White Kevin Lee $131,000
Closed White Kevin Lee $736,000
Closed White Kevin Lee $68,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold -- -- --
09/12/2018 09/12/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $93,000 -2.1% --
05/24/2018 05/24/18 Price Changed $95,000 -4.0% --
04/17/2018 04/17/18 For Sale $99,000 -- --
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 $15,724 $929,239 $154,496 $774,743
2023 $15,724 $915,413 $0 $0
2022 $18,299 $832,194 $0 $0
2021 $18,081 $756,540 $88,000 $668,540
2020 $2,192 $88,000 $88,000 $0
2018 $2,253 $88,000 $88,000 $0
2017 $2,182 $88,000 $88,000 $0
2016 $2,455 $99,000 $99,000 $0
2015 $2,543 $99,000 $99,000 $0
2014 $2,543 $99,000 $99,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2896914

Unlock MLS (Austin Board of REALTORS®)

APN: 755146