See Home Value
$1,699,999
● House - Off Market

5602 Driftwood DR

Austin, TX 78731
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,854 Ft²
$10,445
Est. Monthly
0.99%
Cap Rate

About This Property

Style and design, oh my! This home is a blend of modern and classic, built in 2018 by Group Three Builders and April Interiors. The pops of color and texture invites you to explore and is a delight for the senses, visual and touch.

The moment you walk into the main floor living space you are greeted by the delicate hand-painted mural on the fireplace wall by local Austin artists BrittPaintsALot and Taylordpaints. The vaulted ceiling living room is illuminated by striking antler fixtures and kitchen chandeliers from Restoration Hardware, all of which convey with the home.

The thoughtfully designed floor plan offers 4 bedrooms, with primary downstairs, 3.5 baths, and two living areas, providing ample space for both relaxation and entertainment. The gourmet kitchen is a chef's dream, featuring a La Cornue stove, quartz countertops, an apron-front farm sink, and an appliance package that combines style with functionality.

The primary suite includes a boutique-style closet and a spa-like primary bath with a walk-in shower, complete with a luxurious 'rainhead' showerhead. Outside, the spacious back patio and expansive yard provide the perfect setting for outdoor gatherings, surrounded by a stone privacy wall that adds both style and security. This home also features a full generator and an oversized two-car garage.

With too many upgrades to count, this home is not just a place to live, but a home that is one of one. Enjoy access to a low HOA community with access to a private 3+ acre park along Bull Creek with hiking trails and a winding creek, all while being just minutes away from downtown and central Austin.

Furniture is available for purchase, making it easy to move right in. Schedule your tour today to see this one-of-a-kind property!
Unit Size
2,854 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$596
Property Type
House
Property Taxes
$2,097
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

Last updated: 2 years ago (Unlock MLS #ACT3536160)

Price History

Date / Event Date Event Price
Sep 28, 2024 In contract -
In contract
Sep 17, 2024 Price Decreased $1,699,999
↓ $50K (2.9%)
Price Decreased
Aug 16, 2024 Listed by KW-Austin Portfolio Real Estate $1,750,000
Listed by KW-Austin Portfolio Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,330
  • Total Building Area: 3,330
  • Gross Building Area: 3,330
  • Building Area: 2,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,890
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD VILLAGE RESUB LT 29 BLK B
  • Land Acres: 0000000214
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 1 BLK B LAKEWOOD VILLAGE RESUB LT 29 BLK B

Neighborhood

  • School District Name: Austin Independent School District
  • School Tax School District: AUSTIN ISD
  • Census Tract: 030000

Geography

  • Assessors Map Reference: 0141120126
  • Account Number: 883288
  • Parcel: 883288
  • Block: B
  • Lot: 1,29
  • Municipality: CITY OF AUSTIN
  • Latitude: 30.363
  • Longitude: -97.7865

    Address

  • Full Address: 5602 Driftwood Dr
  • Address - House Number: 5602
  • Address - Street Name: Driftwood
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Austin
  • Carrier Code: C021
  • 4-Digit Zip Code: 2642
  • Zip Code: 78731

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,026,732
  • Tax Rate Code Area: 68

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 65
  • Final Value: 1,316,791
  • High Value: 1,638,666
  • Low Value: 994,916

    Market Valuation

  • Market Total Value: $1,815,188
  • Market Land Value: $600,000
  • Market Improvement Value: $1,215,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,264,317

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 26
  • Current Sale Input Document Number: 2019072194
  • Previous Sale Recording Date: Sep 24, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $566,400
  • Previous Sale Document Type: 70

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lakewood Village


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Frequently Asked Questions

When was property at 5602 Driftwood Drive built and last sold?
The property at 5602 Driftwood Drive was built in 2018 and last sold on May 16, 2019 for $62,500.
How much is this home worth?
The estimated value of the home located at 5602 Driftwood Drive is $1,716,999.
What are some comparable homes to 5602 Driftwood Drive?
There are currently no comparable homes to 5602 Driftwood Drive.