12017 Lake Stone DR, Austin TX 78738

Reviewing the most recent comparable transactions, this home's market value falls around $854,672. For a well positioned listing in LAKE POINTE, I'd target the $605,000 to $615,000 range. Against 6 similar active listings in LAKE POINTE, this price point lands at the 2nd most expensive of 6 comparable homes on the market. At 0.39 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. With 6 similar homes currently listed in LAKE POINTE (a seller's market), competition is a factor to consider. Recent trends in LAKE POINTE show home values have risen 9.7% since 6 months ago. The most comparable recent sale is 3018 Norco DR, Austin TX 78738, with an adjusted value of $937,767; with a smaller floor plan. 7 comparable transactions in LAKE POINTE 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