12504 Black Mesa CV, Austin TX 78739

The estimated value of this property is $1,046,139, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,103,000 and $1,162,000. Against 2 similar active listings in SHADY HOLLOW ESTATES, this price point lands at the most expensive of 2 comparable homes on the market. The larger floor plan (1,155 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 1 of 7 comparable homes not offering one. Current inventory shows 2 comparable homes in SHADY HOLLOW ESTATES; a balanced market based on recent absorption. Recent trends in 78739 show home values have risen 8.6% since 6 months ago. The most comparable recent sale is 12409 Cascade Caverns TRL, Austin TX 78739, with an adjusted value of $1,103,410; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group