1008 Neans DR, Austin TX 78758

Austin, TX 78758 | Neans Place

Ed's Opinion of Value

$328,250 Ed's Estimate: $471,815 $551,234
Lowest Comp Recommended List: $395,000 to $405,000 Highest Comp
Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $471,815. I'd recommend coming to market at $395,000 to $405,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in NEANS PLACE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Built in 1961, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.38 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in NEANS PLACE; a buyer's market based on recent absorption. The trend in 78758 shows prices have fallen 4% in the past 6 months. 1311 Meadgreen DR, Austin TX 78758 nearby adjusts to $551,234; a strong comparable. Based on 7 relevant data points in NEANS PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
2 Baths 2 Full
1,612 Sq Ft
0.381 Acres
1961 Built
2 Garage

About This Property

Investors--Handyman special! House located on huge lot (over 1/3 acre); good bones, but needs lots of TLC. Priced accordingly! Hardwood floors in good condition, converted carport adds SQFT. Huge 2-car attached garage with room for additional storage/workshop. Not in McMansion Ordinance zone, so tear-down & rebuild with large home is an option. Zoned SF2-NP, so only one residence allowed (duplex or second unit not an option per City planning)--see listing agent for more info.

Features

  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary McBee
Middle School Burnet (Austin ISD)
High School Lanier

Property Details

Property Type Residential
Flooring Concrete, Vinyl, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 8800859
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $3,044 (2014)

Listing History

MLS# 8800859 6 days
Sep 19, 2014 Off Market
Jul 15, 2014 Pending
Jul 9, 2014 Listed $139,900

Frequently Asked Questions About 1008 Neans DR, Austin TX 78758

When was 1008 Neans DR, Austin TX 78758 built?

1008 Neans DR, Austin TX 78758 was built in 1961.

How much does 1008 Neans DR, Austin TX 78758 cost?

1008 Neans DR, Austin TX 78758 sold on September 19, 2014. Contact us for sale price details.

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