10335 Old Manchaca RD # 3, Austin TX 78748

Austin, TX 78748 | Wilson

Ed's Opinion of Value

$298,000 Ed's Estimate: $401,942 $599,000
Lowest Comp Recommended List: $313,000 to $323,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $401,942. To generate strong buyer interest while maximizing value, I'd price this between $313,000 and $323,000. With 7 comparable homes on the market in WILSON, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The 1938 construction puts this home 50 years older than the comp average, a factor in the pricing. At 3.08 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in WILSON (a balanced market), competition is a factor to consider. The trend in 78748 shows prices have fallen 5.9% in the past 6 months. 1505 Curameng CV, Austin TX 78748 nearby adjusts to $345,178; a strong comparable. 7 comparable transactions in WILSON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
1,375 Sq Ft
3.08 Acres
1938 Built
2 Garage

About This Property

This is a great investment property close to downtown Austin. It is zoned development reserve.Old Manchaca rd frontage with front 1.5 acres cleared of trees and ready for a large shop,warehouse,storage facility, etc. Back 1.5 acres has 24'x30' Metal shop with 10'x12' small detached building with lights and electricity (use for office or storage), main house is completely remodeled 3/2.5 with nice master bath suite and sauna.There is also an almost new guest house 1/1 that is currently rented at $1,100.Guest Accommodations: Yes

Features

  • Vaulted Ceiling(s)
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Kocurek
Middle School Bailey
High School Akins

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central, Electric
Exterior None
County Travis
MLS # 7634508
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $2,609 (2013)

Listing History

MLS# 7634508 6 days
Dec 31, 2013 Off Market
Oct 7, 2013 Pending
Oct 1, 2013 Listed $550,000

Frequently Asked Questions About 10335 Old Manchaca RD # 3, Austin TX 78748

When was 10335 Old Manchaca RD # 3, Austin TX 78748 built?

10335 Old Manchaca RD # 3, Austin TX 78748 was built in 1938.

How much does 10335 Old Manchaca RD # 3, Austin TX 78748 cost?

10335 Old Manchaca RD # 3, Austin TX 78748 sold on December 31, 2013. Contact us for sale price details.

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