5 months on rocket

387 Fantail Loop, Lakeway, TX, 78734

$559,000

Home List Price

$6,638*

Closing Credit

0 Baths
2,024 SqFt
$276/SqFt
Multi

Location

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387 Fantail Loop, Lakeway$559,000

Buyer Closing Credits

$6,638*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDriveway
Garage2 spaces
Year Built1983
HeatingFireplace(s), Heat Pump
CoolingCentral Air
WaterfrontNone
FireplaceLiving Room
ViewNone
MLS #8382955
Lot Size0.30 Acres
StatusActive

About 387 Fantail Loop

Discover a rare gem in the heart of Lakeway, Texas! This beautifully maintained duplex at 387 Fantail Loop offers an exceptional investment opportunity with two spacious units, each featuring 2 bedrooms and 2.5 bathrooms. One side has been newly renovated, showcasing modern comfort with fresh updates and stylish finishes. The other side is currently tenant-occupied, providing a steady income stream with tenants eager to stay on with the new owner. The property features large fenced backyards, perfect for outdoor activities and entertaining, as well as one-car garages for convenient and secure parking. Sitting on a generous corner lot with shade trees, this duplex offers ample space and privacy. Lakeway, Texas, is renowned for its prime location on the banks of Lake Travis, offering numerous outdoor amenities including parks, dog parks, hiking trails, tennis courts, and playgrounds. The area is ideal for all ages, with top-rated schools nearby, an easy commute to local offices and businesses, and many community activities around the corner at the Lakeway Activity Center. This duplex is perfect for those seeking a blend of residential comfort and investment potential. Live in one unit while generating rental income from the other. Don't miss out on this unique opportunity in Lakeway, Texas.

Property Details

Property Features

Property Information:

  • Year Built: 1983
  • Stories: 2
  • Living Area: 2,024 SqFt

Listing Office:

  • Office Name: Steele Portfolio
  • Office Phone: (512) 409-0553
  • Listing Agent: Ellen Steele

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Interior Steps, Pantry, Solid Surface Counters
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Balcony, Exterior Steps, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot: Back Yard, Corner Lot, Front Yard
  • Lot Size: 0.30 Acres

Utilities

Utilities Information:

  • Heating: Fireplace(s), Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From 620, turn onto Lakeway Blvd. Take a right onto Lohmans Crossing Rd. Right on Sailmaster St. Left on Fantail Loop and the duplex is about 700ft ahead on the left as you go around the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $559,000
  • Price Per SqFt: $276/SqFt
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Housing Market Comparison

See how this home compares to others in Lakeway, TX.

Med. Sold Price

$740.7K

Med. Price/SqFt

$287

Avg. Days On Market

80

# of Sold Homes

26

387 Fantail Loop vs Lakeway

172 DAYS ON ROCKET

+92 Days

$559,000

-$181.7K Less

$276/SqFt

-$12 Less

KEY TAKEAWAY

This property is $181.7K less than the Median Sold Price and $12/SqFt less than other homes in Lakeway, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #8382955

Listing Office:

  • Office Name: Steele Portfolio
  • Office Phone: (512) 409-0553
  • Listing Agent: Ellen Steele

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/22/2024, 10:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,857

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,742

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-744361
8
/10
  • Lakeway Elementary School

  • 1701 Lohmans Crossing Rd

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-744362
3
/10
  • Lake Travis Elementary School

  • 15303 Kollmeyer Dr

  • 1.69 miles

  • Public District Grades PK-5

school-card-donut-744363
8
/10
  • Serene Hills Elementary School

  • 3301 Serene Hills Ct

  • 2.03 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,178. The most common annual income of people living in Lakeway, TX is between $35k-100k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesTexasTravis CountyLakeway78734387 Fantail Loop

This home is located at 387 Fantail Loop in Lakeway, TX and zip code 78734 in the Lohmans Crossing Estates neighborhood. This 2,024 square foot home, which was built in 1983, sits on a 0.30 acre lot. It has been listed on Rocket Homes since June 03, 2024 and is currently priced at $559,000.

Over 3 listings were sold over their listed price in October 2024 in Lakeway, TX. In the same period over 22 listings were sold below the listed price and 1 listings were sold for the listed price. Between September 2024 and October 2024, Lakeway, TX real estate market has seen increase in the number of listings by 11.8%. In October 2024 median list price was $740,750 and the average listing age was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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