Ed's Opinion of Value

$2,329,814 Ed's Estimate: $2,938,427 $4,750,000
Lowest Comp Recommended List: $3,456,000 to $4,035,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,938,427. Pricing this home between $3,456,000 and $4,035,000 would put it in the competitive sweet spot for SPANISH OAKS. This pricing would rank the home as the most affordable of 4 comparable homes on the market in SPANISH OAKS's current inventory. The larger lot (1.57 acres versus the area average of 1.07) contributes to the valuation. Current inventory shows 4 comparable homes in SPANISH OAKS; a buyer's market based on recent absorption. Market data shows SPANISH OAKS prices fallen 23.1% over the last half year. The closest comparable sale, 12625 Maidenhair LN # 27, Bee Cave TX 78738 at an adjusted $3,455,672, is with a larger floor plan and a pool. With 7 comparable sales in SPANISH OAKS, 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
5 Beds
5 Baths
5,410 Sq Ft
1.5715 Acres
2015 Built

About This Property

Terraced lot with nice view of the Village of Bee Caves. Easy to build. 24 Hour Gated Community of Spanish Oaks. 15 miles of hike and bike trails, 50 acres of parks and greenbelt. No time frame to build.Restrictions: Yes

Location

Schools

School District Lake Travis ISD
Elementary Lake Pointe
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Heating None
Exterior None
County Travis
MLS # 1453625

HOA & Community

HOA Fee $600 /Quarterly

Listing History

MLS# 1453625 74 days
May 24, 2024 Off Market
Feb 9, 2024 Listed $3,999,900

Frequently Asked Questions About 11920 Musket Rim ST, Austin TX 78738

When was 11920 Musket Rim ST, Austin TX 78738 built?

11920 Musket Rim ST, Austin TX 78738 was built in 2015.

How much does 11920 Musket Rim ST, Austin TX 78738 cost?

11920 Musket Rim ST, Austin TX 78738 sold on May 24, 2024. Contact us for sale price details.

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