1201 Tinnin Ford RD # 42, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $606,867. For a well positioned listing in TOWN LAKE PH, I'd target the $210,000 to $220,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in TOWN LAKE PH. The 1968 construction puts this home 19 years older than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. The active market in TOWN LAKE PH includes 7 comparable homes priced from $209,000 to $985,000. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 1911 Riverview ST # A, Austin TX 78702, with an adjusted value of $540,715; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group