387 Fantail Loop

Lakeway, TX 78734

$559,000
Price
4
Beds
4
Baths
2
1/2 Baths
2,024 Sq. Ft.
$276 / Sq. Ft.
2,024
Sq. Ft.
$276
per Sq. Ft.

Description

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...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.
  1. Listed by Ellen Steele • TREC #0674676 • Steele Portfolio • (512) 409-0553

Property Details for 387 Fantail Loop

Subdivision Name
Lohmans Crossing Estates
Waterfront
No
Waterfront Description
None
Water Access Description
None
View
None
View YN
No
Pets Allowed
Negotiable
Parcel Number
140016
LISTING UPDATED: 09/30/2024 01:06 PM

Property Details for 387 Fantail Loop

StatusActive
MLS #8382955
Days on Market165
Taxes$9,436 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1983
Lot Size0.30 AC / 12,993 SF
CountyTravis County

Building Information for 387 Fantail Loop

Stories2Residences-Year Built1983Building Size-Lot Size0.30 AC / 12,993 SF

Property Information for 387 Fantail Loop

General Information
Parking
  • Garage Spaces: 2
  • Parking Total: 4
  • Parking Features: Driveway
  • Garage: Yes
  • Covered Spaces: 2
Interior
  • Interior Features: Ceiling Fan(s), Interior Steps, Pantry, Solid Surface Counters
  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Fireplace Features: Living Room
  • Laundry Features: In Garage, Washer Hookup, Electric Dryer Hookup
  • Restrictions: City Restrictions, Zoning Restrictions
Exterior
  • Exterior Features: Balcony, Exterior Steps, Rain Gutters
  • New Construction: No
  • Construction Materials: Stone, Wood Siding
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Balcony
  • Roof: Composition
  • Fencing: Back Yard
  • Direction Faces: Northwest
  • Window Features: Aluminum Frames, Blinds
  • Accessibility Features: None
  • Community Features: Community Mailbox, Dog Park, Golf, Lake, Playground, Park, Pool, Airport/Runway
Property Information
Lot Information
  • FEMA Flood Plain: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Trees Large Size
  • Horse: No
Utilities
  • Cooling YN: Yes
  • Cooling: Central Air
  • Heating YN: Yes
  • Heating: Fireplace(s), Heat Pump
  • Sewer: Municipal Utility District
  • Utilities: Electricity Available, Electricity Connected, Sewer Connected, Water Connected
  • Owner Pays: None
  • Water Source: Municipal Utility District
Unit Information
Unit 1
  • UnitNum: B
  • BedsTotal: 2
  • NumFullBaths: 2
  • NumHalfBaths: 1
  • BathsTotal: 3
  • Furnished: Unfurnished
  • ActualRent: $.00
  • LeasedYN: No
  • OccupantType: Vacant
  • PetDeposit: $.00
  • PetDepositPerPetYN: No
  • Deposit: $.00
  • MonthToMonthYN: No
  • FireplaceYN: Yes
  • Permission: IDX
Unit 2
  • UnitNum: A
  • BedsTotal: 2
  • NumFullBaths: 2
  • NumHalfBaths: 1
  • BathsTotal: 3
  • Furnished: Unfurnished
  • ActualRent: $1,500.00
  • LeasedYN: Yes
  • OccupantType: Occupied
  • LeaseExpires: 07-01-2024
  • PetDeposit: $1,050.00
  • PetDepositPerPetYN: No
  • Deposit: $1,095.00
  • MonthToMonthYN: Yes
  • FireplaceYN: Yes
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: No
  • Tax Assessed Value: $536,252
  • Tax Year: 2024
  • Tax Rate: 1.76%
Showing Information
Showing Information
  • Security Features: None
  • 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.

Property History for 387 Fantail Loop

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 387 Fantail Loop

Taxable ValueLand$220,000Additions$324,024Total$544,024
Tax Record2022$10,171 ($848 / month)
Home Facts
Total Finished SqFt2,024 SqFtAbove Grade Finished SqFt2,024 SqFtStories2Lot Size12,994 SqFtStyleDuplexYear Built1983CountyTRAVISAPN0141730727Fireplace TypeHas Fireplace

Schools near 387 Fantail Loop

This home is within Lake Travis Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Serene Hills Elementary School
PublicPK to 5

Hudson Bend Middle School
Public6 to 8

Lake Travis High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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387 Fantail Loop is a multi-family home for sale in Lakeway, TX 78734. This property was listed for sale on June 3, 2024 by Steele Portfolio, it's currently listed at $559,000. This listing's school district is Lake Travis Independent School District. Nearby schools include Serene Hills Elementary School, Hudson Bend Middle School and Lake Travis High School. 387 Fantail Loop is a 4-bed, 5-bath, 2,024 sqft multi-family home built in 1983.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steele Portfolio, Ellen Steele, TREC #0674676

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.