1408 Vargas RD, Austin TX 78741

Off Market

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Ed's Opinion of Value

$175,583 Ed's Estimate: $297,587 $489,000

Lowest Comp Recommended List: $458,000 to $463,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $297,587. For a well positioned listing in CHERNOSKY, I'd target the $458,000 to $463,000 range. Against 7 similar active listings in CHERNOSKY, this price point lands at the most affordable of 7 comparable homes on the market. The 303 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 7 comparable homes in CHERNOSKY; a buyer's market based on recent absorption. Recent trends in CHERNOSKY show home values have risen 37.5% since 6 months ago. The most comparable recent sale is 6706 Cruz ST, Austin TX 78741, with an adjusted value of $175,583; with a smaller floor plan. 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

CHERNOSKY Market Trends

$535,000 Median Sold Price ▲ 37.5% 6mo

$377/sqft Median $/SqFt ▲ 1.1% 6mo

45 days Avg Days on Market 35 days faster

24 homes Active Inventory 8.5 mo supply

98.1% Sale-to-List Ratio

17 Sales (6 months)

Recently Sold Comparables

$175,583 adjusted 6706 Cruz ST, Austin TX 78741 3bd / 2.0ba • 1,450 sqft • 0.1 mi Sold 4 months ago

$196,821 adjusted 800 Vargas RD, Austin TX 78741 4bd / 2.0ba • 1,138 sqft • 0.5 mi Sold 7 months ago

$462,815 adjusted 2911 Prado ST, Austin TX 78702 4bd / 1.0ba • 1,256 sqft • 2.3 mi Sold 4 months ago

$417,398 adjusted 911 Valdez ST, Austin TX 78741 3bd / 2.0ba • 1,207 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$489,000 2900 Castro ST, Austin TX 78702 5bd / 2.0ba • 1,616 sqft • 2.4 mi 516 days on market

$399,000 2001 Faro DR # 37, Austin TX 78741 3bd / 3.0ba • 1,581 sqft • 0.8 mi 49 days on market

$450,000 3017 Lyons RD, Austin TX 78702 6bd / 2.0ba • 1,672 sqft • 2.4 mi 107 days on market

4 Beds

2 Baths 2 Full

1,566 Sq Ft

0.162 Acres

1961 Built

2 Garage

About This Property

Completely remodeled 4-bed home in hot Riverside area is ready for move-in! NEW plumbing, NEW electrical, NEW laminate & carpet, and NEW roof! The kitchen boasts new cabinets, granite counters, center island, and a new Samsung appliance package. Light & bright open floorplan w/ built-in shelving. Spacious bedrooms- all have ceiling fans. 2-car detached garage. Great location- near UT metro, Downtown, and Riverside Golf Course, ACC Riverside, and more! A must see!

Features

Breakfast Bar
Primary Bedroom on Main
See Remarks

Location

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Schools

School District Austin ISD

Elementary Allison

Middle School Martin

High School Eastside Memorial

Property Details

Property Type Residential

Flooring Carpet, Laminate, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 2394372

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $5,127 (2019)

Listing History

MLS# 2394372 2 days

Dec 26, 2019	Off Market
Nov 17, 2019	Pending
Nov 15, 2019	Price Change	$389,900
Nov 15, 2019	Listed	$399,900

MLS# 7553702 5 days

Jul 12, 2019	Off Market
Jun 7, 2019	Listed		$244,990

MLS# 9166511 8 days

Aug 3, 2018	Off Market
Jul 19, 2018	Listed		$230,000

Frequently Asked Questions About 1408 Vargas RD, Austin TX 78741

When was 1408 Vargas RD, Austin TX 78741 built?

1408 Vargas RD, Austin TX 78741 was built in 1961.

How much does 1408 Vargas RD, Austin TX 78741 cost?

1408 Vargas RD, Austin TX 78741 sold on December 26, 2019. Contact us for sale price details.

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