12433 Fairfax Ridge PL, Austin TX 78738

Off Market

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Ed's Opinion of Value

$806,060 Ed's Estimate: $892,362 $1,250,000

Lowest Comp Recommended List: $965,000 to $1,047,000 Highest Comp

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $892,362. Pricing this home between $965,000 and $1,047,000 would put it in the competitive sweet spot for LAKE POINTE. Relative to what's currently available in LAKE POINTE, this home would be the most affordable of 4 comparable homes on the market. The 241 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 4 similar homes on the market in LAKE POINTE, ranging from $985,000 to $2,390,000. Market data shows LAKE POINTE prices fallen 3.7% over the last half year. The closest comparable sale, 12452 Fairfax Ridge PL, Austin TX 78738 at an adjusted $806,060, is a strong comparable. With 7 comparable sales in LAKE POINTE, 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

LAKE POINTE Market Trends

$823,000 Median Sold Price ▼ 3.7% 6mo

$352/sqft Median $/SqFt ▲ 9.8% 6mo

25 days Avg Days on Market 33 days faster

9 homes Active Inventory 6 mo supply

98.3% Sale-to-List Ratio

9 Sales (6 months)

Recently Sold Comparables

$806,060 adjusted 12452 Fairfax Ridge PL, Austin TX 78738 4bd / 3.0ba • 3,389 sqft • 0.1 mi Sold 9 months ago

$1,046,939 adjusted 12400 Fairfax Ridge PL, Austin TX 78738 4bd / 3.0ba • 3,389 sqft • 0.1 mi Sold 8 months ago

$839,985 adjusted 12406 Carlsbad, Austin TX 78738 4bd / 3.0ba • 2,991 sqft • 0.4 mi Sold 6 months ago

$931,085 adjusted 3508 Arvin DR, Austin TX 78738 4bd / 3.0ba • 3,143 sqft • 0.3 mi Sold 11 months ago

$899,471 adjusted 2212 Rimrock DR, Austin TX 78738 4bd / 3.0ba • 2,971 sqft • 0.7 mi Sold 3 months ago

Currently on Market

$985,000 12316 Carlsbad DR, Austin TX 78738 4bd / 4.0ba • 3,353 sqft • 0.3 mi 36 days on market

$985,000 12207 Carlsbad DR, Austin TX 78738 5bd / 4.0ba • 3,345 sqft • 0.4 mi 59 days on market

$1,250,000 2804 Lenwood CT, Austin TX 78738 5bd / 4.0ba • 3,521 sqft • 0.4 mi 26 days on market

4 Beds

3 Baths 3 Full

3,389 Sq Ft

0.266 Acres

1999 Built

2 Garage

About This Property

Backs to beautiful nature preserve. Fantastic Hill Country view. All the work is done-extensive remodel. $100,000+ in improvements /custom upgrades with Maple cabinets throughout home, travertine, a gas stove, granite countertops, hidden movie theater, Kohler fixtures, etc. A beautiful, must see home. Everything about this house speaks quality. Lake Pointe residents have Lake Austin access, day dock & miles of trails in a 660 ac. preserve. Community pool, 2 playgrounds basketball & tennis courts & more.Restrictions: Yes Sprinkler Sys:Yes

Features

Bookcases
Breakfast Bar
High Ceilings
Crown Molding
French Doors
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Pantry
Recessed Lighting
Walk-In Closet(s)
Wired for Sound

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 Carpet, Stone, Tile

Cooling Central Air

Heating Central, Heat Pump

Exterior Dock, Gutters Full, Private Yard, See Remarks

County Travis

MLS # 7080768

Garage 2 spaces

HOA & Community

HOA Fee $100 /Quarterly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $7,762 (2013)

Listing History

MLS# 7080768

May 15, 2014	Off Market
Apr 24, 2014	Pending
Apr 24, 2014	Listed	$519,900

Frequently Asked Questions About 12433 Fairfax Ridge PL, Austin TX 78738

When was 12433 Fairfax Ridge PL, Austin TX 78738 built?

12433 Fairfax Ridge PL, Austin TX 78738 was built in 1999.

How much does 12433 Fairfax Ridge PL, Austin TX 78738 cost?

12433 Fairfax Ridge PL, Austin TX 78738 sold on May 15, 2014. Contact us for sale price details.

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