11423 Rustic Rock DR # A, Austin TX 78750

After reviewing 7 recent transactions in TANGLEWOOD ESTATES, I estimate this property's value at $371,612. A competitive list price for this home right now would fall in the $396,000 to $408,000 range. This would position the home competitively among 7 active listings in TANGLEWOOD ESTATES. The smaller lot (0.13 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in TANGLEWOOD ESTATES; based on recent absorption. Prices in TANGLEWOOD ESTATES have fallen 5.6% over the last 6 months. A similar home at 11310 Spicewood Club DR # 10, Austin TX 78750 carries an adjusted comparable value of $318,094, providing a strong data point. With 7 comparable sales in TANGLEWOOD ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group