1200 Merlene DR, Austin TX 78732

Austin, TX 78732 | River Ridge

Ed's Opinion of Value

$732,000 Ed's Estimate: $910,087 $1,032,986
Lowest Comp Recommended List: $791,000 to $801,000 Highest Comp
The comparable sales data (5 recent transactions in RIVER RIDGE) supports an estimated value of $910,087. The data suggests a list price between $791,000 and $801,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 4 comparable homes on the market in RIVER RIDGE's current inventory. The smaller floor plan (241 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 5 minus 5 of the comps had one. Buyers in RIVER RIDGE have 4 comparable options right now, with asking prices between $709,000 and $975,000. Prices in RIVER RIDGE have fallen 23.4% over the last 6 months. A similar home at 1400 Minnie DR, Austin TX 78732 carries an adjusted comparable value of $1,032,986, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in RIVER RIDGE. 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 2 Full, 1 Half
2,986 Sq Ft
0.28 Acres
2004 Built
2 Garage

About This Property

Furnished rental with a backyard pool, multi-tier decks, and walking distance to Lake Austin! The spacious and open floor plan features an office with French doors, multiple walk-in closets and storage options, and plantation shutters. Unique covered and gated space for RV/Boat with 30 amp power, water, and sewer. Owner provided pool maintenance.

Property Highlights

Pool In Ground, Waterfall

Features

  • Breakfast Bar
  • High Ceilings
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • Granite Counters
  • Double Vanity
  • Entrance Foyer
  • French Doors
  • Interior Steps
  • Multiple Dining Areas
  • Pantry
  • Recessed Lighting
  • Smart Thermostat
  • Track Lighting
  • Walk-In Closet(s)
  • Wired for Sound

Location

Schools

School District Leander ISD
Elementary River Ridge
Middle School Canyon Ridge
High School Vandegrift

Property Details

Property Type Residential Lease
Flooring No Carpet, Tile, Wood
Cooling Central Air
Heating Central, Propane
Exterior Balcony, Garden, Gutters Full, Lighting, Private Yard, RV Hookup
County Travis
MLS # 5519496

Parking

Garage 2 spaces

Listing History

MLS# 5519496 148 days
Mar 26, 2024 Off Market
Oct 9, 2023 Listed $4,900

Frequently Asked Questions About 1200 Merlene DR, Austin TX 78732

When was 1200 Merlene DR, Austin TX 78732 built?

1200 Merlene DR, Austin TX 78732 was built in 2004.

How much does 1200 Merlene DR, Austin TX 78732 cost?

1200 Merlene DR, Austin TX 78732 sold on March 26, 2024. Contact us for sale price details.

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