12116 Rayner PL, Austin TX 78738

Austin, TX 78738 | Spanish Oaks | Built by Shoberg Homes

Off Market

Exterior view of 12116 Rayner PL, Austin TX 78738

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Ed's Opinion of Value

$1,875,000 Ed's Estimate: $3,442,084 $3,914,710

Lowest Comp Recommended List: $3,373,000 to $3,511,000 Highest Comp

Listing History

$2,050,000 List Price

$3,500,087 Comp Value

1 Price Reductions

This property was listed at $2,050,000 and withdrawn after 211 days on market. The price was reduced from $2,195,000 to $2,050,000. This listing activity factors into the valuation.

The market data from 4 similar recent sales in SPANISH OAKS points to a value of approximately $3,442,084. To sell within a reasonable timeframe at fair market value, the $3,373,000 to $3,511,000 range is where I'd position this. Against 7 similar active listings in SPANISH OAKS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (370 sqft vs the comp average) plays a role in how the market prices it. The 2010 construction puts this home 5 years older than the comp average, a factor in the pricing. The 4 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

SPANISH OAKS Market Trends

$3,225,000 Median Sold Price ▼ 13.4% 6mo

$607/sqft Median $/SqFt ▼ 5.2% 6mo

109 days Avg Days on Market 12 days faster

9 homes Active Inventory 6.8 mo supply

96.7% Sale-to-List Ratio

8 Sales (6 months)

Recently Sold Comparables

$3,751,811 adjusted 12625 Maidenhair, #31 LN, Austin TX 78738 4bd / 5.0ba • 4,359 sqft • 0.6 mi Sold 1 months ago

$2,655,137 adjusted 5005 Spanish Oaks Club BLVD, Austin TX 78738 4bd / 4.0ba • 4,279 sqft • 0.7 mi Sold 11 months ago

$3,914,710 adjusted 6358 Spanish Oaks Club BLVD, Austin TX 78738 4bd / 5.0ba • 6,158 sqft • 0.8 mi Sold 7 months ago

$3,645,818 adjusted 12625 Maidenhair LN # 27, Bee Cave TX 78738 5bd / 7.0ba • 5,703 sqft • 0.7 mi Sold 3 months ago

Currently on Market

$3,799,000 12625 Maidenhair LN # 33, Austin TX 78738 4bd / 6.0ba • 4,994 sqft • 0.6 mi 191 days on market

$3,495,000 4704 Almirante CV, Austin TX 78738 4bd / 5.0ba • 4,264 sqft • 0.8 mi 49 days on market

$1,875,000 4113 Sugarloaf DR, Austin TX 78738 5bd / 5.0ba • 4,571 sqft • 2.2 mi 19 days on market

4 Beds

5 Baths 4 Full, 1 Half

4,755 Sq Ft

1.414 Acres

2010 Built

3 Garage

About This Property

Don't miss the chance to see this contemporary, one story Jim La Rue masterpiece. Located in luxury, guard gated Spanish Oaks, this stunning elemental sanctuary combines fire features, water features, & an open-air layout tucked into hill country landscape. Custom colored LED lighting, folding pocket doors creating versatile indoor/outdoor living spaces & private lot that backs to a privately-owned ranch, this is the perfect home for entertaining or retreating from the busy city to relax.Guest Accommodations: Yes Restrictions: Yes

Property Highlights

Pool In Ground, Pool/Spa Combo

Features

Bookcases
High Ceilings
Crown Molding
In-Law Floorplan
Multiple Dining Areas
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)
Wired for Sound
See Remarks

Location

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Schools

School District Lake Travis ISD

Elementary Lake Pointe

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Stone, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps, Private Yard

County Travis

MLS # 2936206

Garage 3 spaces

HOA & Community

HOA Fee $900 /Quarterly

HOA Includes Common Area Maintenance, Insurance, See Remarks

Listing History

MLS# 2936206 211 days

Jan 24, 2018	Off Market
Jan 18, 2018	Price Change	$2,050,000
Jun 8, 2017	Listed	$2,350,000

MLS# 5384020 10 days

Jul 21, 2016	Off Market
Jul 8, 2016	Listed		$9,600

MLS# 8745643 14 days (276 CDOM)

Jul 22, 2016	Off Market
Jul 8, 2016	Listed		$2,700,000

MLS# 8852536 262 days

Apr 30, 2016	Off Market
Aug 12, 2015	Listed		$3,200,000

Frequently Asked Questions About 12116 Rayner PL, Austin TX 78738

When was 12116 Rayner PL, Austin TX 78738 built?

12116 Rayner PL, Austin TX 78738 was built in 2010.

How much does 12116 Rayner PL, Austin TX 78738 cost?

12116 Rayner PL, Austin TX 78738 is currently off market.

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