11502 Bonham LN, Austin TX 78736

Austin, TX 78736 | Long Branch Valley

Ed's Opinion of Value

$689,330 Ed's Estimate: $999,262 $1,879,102
Lowest Comp Recommended List: $979,000 to $1,019,000 Highest Comp

Listing History

$1,995,000 List Price
$957,773 Comp Value
1 Price Reductions

This property was listed at $1,995,000 and withdrawn after 142 days on market. The price was reduced from $2,350,000 to $1,995,000. This listing activity factors into the valuation.

Based on 7 closed sales in LONG BRANCH VALLEY, the data points to a value around $999,262 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $979,000 to $1,019,000. This home's position in the current LONG BRANCH VALLEY market: no active comparable homes on the market among comparable properties. This home's smaller footprint (136 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 11.87 acres versus 1.90 for the typical comp. The strength of this estimate comes from 7 directly comparable sales in LONG BRANCH VALLEY. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 3 Full
2,306 Sq Ft
11.87 Acres
1994 Built
2 Garage

About This Property

Significant Price Reduction! Must see it to appreciate its exquisite beauty! Truly amazing, tranquil 11.87 +/- acres of unrestricted land, offers one of the best sunset views in Central Texas. The home features ease of indoor/outdoor living, and entertaining is easy with its wrap around balcony and multiple outdoor spaces! Gated entrance, private and secluded, fully fenced property. There is an existing wildlife exemption and much lower tax rate. There are so many possibilities, including commercial uses or an equestrian facility. The home is on a 20,000 gallon rainwater cistern with state-of-the-art filtration system. There is a year-round garden, hunting is permissible and a gun range is on site. Quick access to Fitzhugh Road which is famous for breweries, wineries and venues! The hacienda-style home (per TCAD) and downstairs living quarters (measured) total 2,306 sq ft and were custom built in 1994 with 10 ft ceilings. The room with full bath downstairs can be used as an office, guest bedroom or flex space. Wake up and enjoy your mornings on the fabulous, full wrap around porch with views of the peaceful grounds and Hill Country. The home features custom crown molding, reclaimed bead-board ceilings in the bathrooms and concrete floors. Updates include gorgeous granite countertops in the kitchen and bathroom. The property also offers a guest cottage and commercial potential. The charming guest cottage measures at 414 square foot cottage has a full kitchen, bathroom, two loft areas for sleeping and is separately fenced. The cottage sits tucked away on the property, and has a separate utility meter. There is also a 50 amp RV electrical hookup. The spacious pull through garage offers a workshop. This is a truly unique and gorgeous property adorned with mature trees in a premiere location. The possibilities are endless! Buyer to independently verify measurements, as they are not guaranteed.

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Crown Molding
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Multiple Living Areas
  • Natural Woodwork
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Smart Thermostat

Location

Schools

School District Austin ISD
Elementary Baldwin
Middle School Small
High School Bowie

Property Details

Property Type Residential
Flooring Carpet, Concrete, Tile
Cooling Central Air
Heating Central, Propane, Wood Stove
Exterior Balcony, Exterior Steps, Garden, Gutters Full, Lighting, Private Entrance
County Travis
MLS # 9827211
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $7,703 (2023)

Listing History

MLS# 9827211 142 days (459 CDOM)
Jul 18, 2024 Off Market
May 1, 2024 Price Change $1,995,000
Feb 27, 2024 Listed $2,350,000

Frequently Asked Questions About 11502 Bonham LN, Austin TX 78736

When was 11502 Bonham LN, Austin TX 78736 built?

11502 Bonham LN, Austin TX 78736 was built in 1994.

How much does 11502 Bonham LN, Austin TX 78736 cost?

11502 Bonham LN, Austin TX 78736 is currently off market.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.