1201 Matthew LN, Austin TX 78745

Austin, TX 78745 | Elmwood Estates

Ed's Opinion of Value

$300,000 Ed's Estimate: $392,085 $593,000
Lowest Comp Recommended List: $298,000 to $308,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $392,085. To generate strong buyer interest while maximizing value, I'd price this between $298,000 and $308,000. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in ELMWOOD ESTATES. The 260 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. With 7 similar homes currently listed in ELMWOOD ESTATES (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have risen 1.7% in the past 6 months. 7505 Forest Wood RD, Austin TX 78745 nearby adjusts to $470,505; with a larger floor plan and no pool. 7 comparable transactions in ELMWOOD ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
1 Baths 1 Full
1,284 Sq Ft
0.6711 Acres
1956 Built

About This Property

This single-story, 0.67 acre, 3 bedroom and 1 bathroom home is for rent in a prime south Austin location. It nears Costco, HEB, Walmart Supercenter, and many restaurants & bars. Easy access to Manchaca Rd, W William Cannon Dr, and I-35. Most importantly, it is 15 minutes drive to downtown Austin, and 20 minutes to the airport. The home sits at a corner lot. It has a 1284 sqft living space, 3 bedrooms, and one large living room with many windows from different directions. Wood floor, no carpet for easy cleaning. Many cabinets in the kitchen. A huge, fenced backyard with three additional storage shades, one of which has a sink and a toilet. The home is older but has huge potential and needs a small family with love and care. Renters are responsible for utilities, and smoking is prohibited.

Property Highlights

Pool Yes

Location

Schools

School District Austin ISD
Elementary Casey
Middle School Bedichek
High School Akins

Property Details

Property Type Residential Lease
Exterior Private Yard
County Travis
MLS # 8158948

Listing History

MLS# 8158948 15 days
Jan 12, 2024 Off Market
Jan 1, 2024 Price Change $1,950
Dec 28, 2023 Listed $2,000

Frequently Asked Questions About 1201 Matthew LN, Austin TX 78745

When was 1201 Matthew LN, Austin TX 78745 built?

1201 Matthew LN, Austin TX 78745 was built in 1956.

How much does 1201 Matthew LN, Austin TX 78745 cost?

1201 Matthew LN, Austin TX 78745 sold on January 12, 2024. Contact us for sale price details.

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