Ed's Opinion of Value

$448,737 Ed's Estimate: $483,024 $529,000
Lowest Comp Recommended List: $499,000 to $506,000 Highest Comp
The market data from 7 similar recent sales in PECAN GROVE points to a value of approximately $483,024. To sell within a reasonable timeframe at fair market value, the $499,000 to $506,000 range is where I'd position this. With 4 comparable homes on the market in PECAN GROVE, this price positions the property as the most expensive of 4 comparable homes on the market. With 4 similar homes currently listed in PECAN GROVE (a buyer's market), competition is a factor to consider. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 5401 Stuart Cir DR # 1, Austin TX 78721, adjusting to $467,354; with a smaller floor plan. 7 comparable transactions in PECAN GROVE 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
2 Beds
3 Baths
1,497 Sq Ft
0.162 Acres
2016 Built

About This Property

Seven adjacent lots with 350' of road frontage. 1.4 acres total. Unbelieveable park-like setting, backs to Tannehill Creek. Mature Pecan & Cottonwood trees. Live spring at rear of lots. Backs to pedestrian bridge, across creek from 7.1 mile South Walnut Creek Trail. Many new Developments in the area. Walking distance to commuter rail. Possible opportunity for multi-unit development or private homestead. Lots are in floodplain. Topos & floodplain determinations available.Restrictions: Yes

Location

Schools

School District Austin ISD
Elementary Ortega
Middle School Martin

Property Details

Property Type Residential Lease
Heating None
Exterior None
County Travis
MLS # 8747779

Listing History

MLS# 8747779 33 days
Aug 28, 2024 Off Market
Jul 26, 2024 Listed $2,995
Jul 17, 2013 Price Change $2,450

Frequently Asked Questions About 1107 Mahan DR # A, Austin TX 78721

When was 1107 Mahan DR # A, Austin TX 78721 built?

1107 Mahan DR # A, Austin TX 78721 was built in 2016.

How much does 1107 Mahan DR # A, Austin TX 78721 cost?

1107 Mahan DR # A, Austin TX 78721 sold on August 28, 2024. Contact us for sale price details.

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