12318 Scribe DR, Austin TX 78759

Off Market

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Ed's Opinion of Value

$389,000 Ed's Estimate: $505,299 $522,628

Lowest Comp Recommended List: $356,000 to $366,000 Highest Comp

After reviewing 5 recent transactions in WALNUT CROSSING, I estimate this property's value at $505,299. A competitive list price for this home right now would fall in the $356,000 to $366,000 range. Relative to what's currently available in WALNUT CROSSING, this home would be the most expensive of 7 comparable homes on the market. The larger floor plan (101 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in WALNUT CROSSING; a balanced market based on recent absorption. Prices in WALNUT CROSSING have risen 5.8% over the last 6 months. A similar home at 12216 Scribe DR, Austin TX 78759 carries an adjusted comparable value of $494,700, providing a strong data point. With 5 comparable sales in WALNUT CROSSING, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

WALNUT CROSSING Market Trends

$500,000 Median Sold Price ▲ 5.8% 6mo

$321/sqft Median $/SqFt ▼ 8.9% 6mo

59 days Avg Days on Market 2 days slower

4 homes Active Inventory 2.4 mo supply

96.6% Sale-to-List Ratio

10 Sales (6 months)

Recently Sold Comparables

$494,700 adjusted 12216 Scribe DR, Austin TX 78759 3bd / 2.0ba • 1,520 sqft • 0.1 mi Sold 1 months ago

$522,628 adjusted 12321 Havelock DR, Austin TX 78759 3bd / 2.0ba • 1,473 sqft • 0.2 mi Sold 1 months ago

$519,507 adjusted 12214 Scribe DR, Austin TX 78759 3bd / 2.0ba • 1,371 sqft • 0.1 mi Sold 8 months ago

$490,136 adjusted 12218 Grimsley DR, Austin TX 78759 3bd / 2.0ba • 1,361 sqft • 0.3 mi Sold 9 months ago

$496,037 adjusted 12308 Tipperary CV, Austin TX 78759 3bd / 2.0ba • 1,282 sqft • 0.2 mi Sold 11 months ago

Currently on Market

$475,000 12208 Forsythe DR, Austin TX 78759 3bd / 2.0ba • 1,496 sqft • 0.2 mi 241 days on market

$495,000 3200 Spaniel DR, Austin TX 78759 3bd / 2.0ba • 1,503 sqft • 0.1 mi 35 days on market

$389,000 3403 Amalfi CV, Austin TX 78759 3bd / 2.0ba • 1,401 sqft • 0.1 mi 5 days on market

3 Beds

2 Baths 2 Full

1,502 Sq Ft

0.2513 Acres

1978 Built

2 Garage

About This Property

This 3 bedroom 2 bath, single story home sitting on a quarter acre has been tastefully updated and very well maintained. HVAC(2020), electrical panel(2020), and Berkshire Elite Windows(2019). Kitchen features granite countertops, stainless steel appliances, and a breakfast bar opening up to an inviting living space with a large stone fireplace. Owner's suite features a large walk-in closet, double vanity, and deep stand alone shower with dual shower heads and speakers. Outdoor Paradise! One of a kind tiered backyard with multiple sitting areas, privacy, and shade is perfect for entertaining or taking a peaceful nap. Awesome location that is just minutes to world class shopping, restaurants, and entertainment at The Domain and Q2 stadium. Just steps from your front door is The Walnut Creek trail, Balcones District Park and Pool, library, and community garden. Zoned for highly acclaimed AISD schools. Don't miss this gem in Walnut Crossing!

Features

Breakfast Bar
Ceiling Fan(s)
Granite Counters
High Speed Internet
No Interior Steps
Primary Bedroom on Main
Smart Thermostat

Location

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Schools

School District Austin ISD

Elementary Summitt

Middle School Murchison

High School Anderson

Property Details

Property Type Residential

Flooring Laminate, Tile

Cooling Central Air

Heating Central

Exterior Uncovered Courtyard, Private Yard, See Remarks

County Travis

MLS # 2068283

Parking

Garage 2 spaces

Tax Information

Annual Taxes $7,779 (2022)

Listing History

MLS# 2068283 6 days

May 25, 2023	Off Market
Apr 20, 2023	Listed		$515,000

Frequently Asked Questions About 12318 Scribe DR, Austin TX 78759

When was 12318 Scribe DR, Austin TX 78759 built?

12318 Scribe DR, Austin TX 78759 was built in 1978.

How much does 12318 Scribe DR, Austin TX 78759 cost?

12318 Scribe DR, Austin TX 78759 sold on May 25, 2023. Contact us for sale price details.

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