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ActiveMLS #9977015

7320 Cave HOLW, Austin TX 78750

Austin, TX 78750 · Lakewood Sec 02 Ph 01

Single Family Residence for sale in Lakewood Sec 02 Ph 01

2Bedrooms
2 full / 1 halfBathrooms
1,500Square Ft
0.11Acres
2Garage
1983Year Built
Price Reduced
1 / 22
$599,000$640,000

Overview

Property Description

Nestled among the trees on a private greenbelt lot, this meticulously maintained freestanding home offers the perfect blend of tranquility, thoughtful updates, and an unbeatable location in the heart of the Lakewood community. Featuring approximately 1,500 square feet, the open floor plan boasts vaulted ceilings, bamboo flooring throughout, abundant natural light, a cozy wood-burning fireplace, and an updated eat-in kitchen with brand new stainless steel appliances. Upstairs, two spacious primary suites provide vaulted ceilings, generous closet space, and beautifully updated ensuite baths. Outside you will enjoy a large fenced backyard with brand new stone patios, shady trees, and direct access to the greenbelt and walking trails. Ideally located directly across from the community pool, tennis and basketball courts, park, picnic areas, and playscapes, with quick access to 360, shopping, dining, and major employers, this move-in-ready home offers the best of comfort, convenience, and outdoor living. Extensively updated and meticulously cared for, this home features numerous recent improvements that enhance both style and peace of mind. Major upgrades include fully remodeled bathrooms, new stainless steel kitchen appliances, new washer and dryer, updated recessed lighting throughout, new GFCI outlets and switches, drywall repairs, Tesla charger, and foam insulation beneath the crawl space for improved energy efficiency. The owners also addressed important structural and maintenance items, including repairing roof leaks and reinforcing the outside staircase with new concrete footings and support beams. The backyard was completely transformed with professional excavation and grading, retaining and limestone walls, and premium stone patios - creating an exceptional outdoor living space.

Financial Info
Price
$599,000
$ / Sqft
$399
HOA
Yes - Mandatory / $743.72 / Annually
HOA Name
Lakewood HOA
HOA Includes
See Remarks
Tax Rate
1.61%
Est. Taxes
$8,497.53
Tax Year
2025
Exemptions
Homestead
Legal Info
Address
7320 Cave HOLW
County
Travis
City
Austin
State
TX
Zip
78750
Subdivision
Lakewood Sec 02 Ph 01
Legal Description
LOT 11 BLK D LAKEWOOD SEC 2 PHS 1 PLUS .271% INT IN COMMON AREA
Parcel
01451108180000
Interior Features
Floor
Bamboo
Num Living
1
Dining
1
Appliances
See Remarks
Laundry
Lower Level
Master Main
No
Fireplaces
1
Fireplace Description
Wood Burning
Interior Features
See Remarks, 2 Primary Suites
General Info
Beds
2 Total / 2 Other Level
Full / Half Baths
2 / 1
Prop Type
Residential
Property Type
Single Family Residence
Stories
2
Year Built
1983 / Resale
Square Feet
1,500 / Public Records
Garages
2
Garage Desc
Additional Parking, Driveway, Garage, Guest
Foundation
Slab
Roof
Composition, Shingle
Construction
HardiPlank Type
Acres
0.11
Lot Description
See Remarks
Restrictions
See Remarks
Flood Plain
No
View
Park/Greenbelt, Trees/Woods
Water Access
No
Waterfront
No
Area
1N
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Cable Connected, Electricity Connected, Internet-Cable, Natural Gas Connected, Sewer Connected, Water Connected
Heat
Central, Natural Gas
A C
Ceiling Fan(s), Central Air, Electric
Exterior Features
Fence
Back Yard
Exterior Features
Balcony, Gutters Partial, Private Yard, See Remarks, Deck, Front Porch, Patio
Pool On Property
No
Area Amenities
BBQ Pit/Grill, Cluster Mailbox, Playground, Pool, Sport Court(s)/Facility, Tennis Court(s)

Price history

Members only
Days on market
−$41,000 (−6.4%)
$640,000 → $599,000
2
Price reductions
Active
Since Jul 20, 2026
Price trend
List priceJul 2026Sep 2026
Property history5 events
DateEventPriceChange
Sep 11, 2026Price Decrease$599,000−$21,000 (−3.4%)
Aug 31, 2026Back On Market
Aug 25, 2026Pending
Aug 3, 2026Price Decrease$620,000−$20,000 (−3.1%)
Jul 20, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Hill
Middle
Murchison
High
Anderson

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $599,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$4,236 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $4,236

Principal & interest
$3,029
Property taxes
$708
Homeowners insurance
$499

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$479,200$5,356$30,990$473,844
2$473,844$5,715$30,632$468,129
3$468,129$6,098$30,249$462,031
4$462,031$6,506$29,840$455,525
5$455,525$6,942$29,405$448,584
6$448,584$7,407$28,940$441,177
7$441,177$7,903$28,444$433,275
8$433,275$8,432$27,915$424,843
9$424,843$8,997$27,350$415,846
10$415,846$9,599$26,747$406,247
  • Year 1$473,844
    Principal paid
    $5,356
    Interest paid
    $30,990
    Starting balance
    $479,200
  • Year 2$468,129
    Principal paid
    $5,715
    Interest paid
    $30,632
    Starting balance
    $473,844
  • Year 3$462,031
    Principal paid
    $6,098
    Interest paid
    $30,249
    Starting balance
    $468,129
  • Year 4$455,525
    Principal paid
    $6,506
    Interest paid
    $29,840
    Starting balance
    $462,031
  • Year 5$448,584
    Principal paid
    $6,942
    Interest paid
    $29,405
    Starting balance
    $455,525
  • Year 6$441,177
    Principal paid
    $7,407
    Interest paid
    $28,940
    Starting balance
    $448,584
  • Year 7$433,275
    Principal paid
    $7,903
    Interest paid
    $28,444
    Starting balance
    $441,177
  • Year 8$424,843
    Principal paid
    $8,432
    Interest paid
    $27,915
    Starting balance
    $433,275
  • Year 9$415,846
    Principal paid
    $8,997
    Interest paid
    $27,350
    Starting balance
    $424,843
  • Year 10$406,247
    Principal paid
    $9,599
    Interest paid
    $26,747
    Starting balance
    $415,846
First 10 of 30 years

Nearby

Courtesy of Mark Cunningham · (512) 347-1225

Listings courtesy of ACTRIS as distributed by MLS GRID.