Ed's Opinion of Value

$274,900 Ed's Estimate: $506,588 $625,000
Lowest Comp Recommended List: $299,000 to $309,000 Highest Comp
The estimated value of this property is $506,588, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $299,000 and $309,000. Among the similar homes currently available in PENN PLACE COTTAGES SEC, this price point stands out as competitive. Being 130 sqft smaller than the average comparable sale in this area impacts the per square foot value. Current inventory shows 7 comparable homes in PENN PLACE COTTAGES SEC; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 14.4% since 6 months ago. The most comparable recent sale is 1202 Sarabeth WAY, Austin TX 78721, with an adjusted value of $485,342; with a larger floor plan and a pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
2 Beds
3 Baths 2 Full, 1 Half
1,283 Sq Ft
0.0835 Acres
2024 Built

About This Property

Introducing 1186 Sarabeth Way, a contemporary 2-bedroom, 2.5-bath single-family home nestled in the heart of East Austin, within a quaint 27-home community. Built by Prominence Homes, an established Austin builder since 2008, and backed by a 1-2-6 builder warranty, this residence is filled with natural light and designed with modern luxury at an approachable price in mind. The open layout boasts luxury wide plank wood flooring, 9-foot ceilings, and sleek finishes, including timeless brushed nickel hardware, smooth panel doors, and quartz countertops. The kitchen features stainless steel appliances, an island with a breakfast bar, and 42” upper cabinets. The primary suite is an airy and peaceful escape, complete with a vaulted ceiling, spacious walk-in closet, dual vanity sinks with quartz countertops, and a walk-in shower. Additional highlights include two covered patios, a private fenced yard with landscaping and irrigation, hand-laid ceramic tile in all baths, and pre-wiring for modern technology throughout the house. Located minutes from local Eastside favorites like Birdie’s, Nixta Taqueria, Sammataro Pizza, and Redbud Icehouse, as well as all the countless amenities of Mueller and Downtown. This home offers the perfect blend of style, convenience, and craftsmanship—an amazing value buy that’s not to be missed. **This home qualifies for a $10,000 lender credit and 1% reduction in a fixed interest rate for 30 years + no PMI for qualified buyers. See agent for details.**

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Eat-in Kitchen
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Norman-Sims
Middle School Martin

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Gutters Partial, Private Yard
County Travis
MLS # 4032017

HOA & Community

HOA Fee $400 /Quarterly
HOA Includes Common Area Maintenance, See Remarks

Tax Information

Annual Taxes $6,834 (2024)

Listing History

MLS# 4032017 - Updated Apr 7, 2026 4 days
Nov 20, 2024 Off Market
Oct 17, 2024 Listed $525,000

Frequently Asked Questions About 1186 Sarabeth WAY, Austin TX 78721

When was 1186 Sarabeth WAY, Austin TX 78721 built?

1186 Sarabeth WAY, Austin TX 78721 was built in 2024.

How much does 1186 Sarabeth WAY, Austin TX 78721 cost?

1186 Sarabeth WAY, Austin TX 78721 sold on November 20, 2024. Contact us for sale price details.

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