1501 Palomino Ridge DR, Austin TX 78733

Austin, TX 78733 | Palomino Ridge

Ed's Opinion of Value

$1,600,000 Ed's Estimate: $2,845,526 $4,800,000
Lowest Comp Recommended List: $2,789,000 to $2,902,000 Highest Comp

Listing History

$1,750,000 List Price
$2,891,173 Comp Value
1 Price Reductions

This property was listed at $1,750,000 and expired after 180 days on market. The price was reduced from $1,850,000 to $1,750,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $2,845,526. I'd recommend coming to market at $2,789,000 to $2,902,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78733, this price point stands out as competitive. This home's larger footprint (1,616 sqft vs the comp average) plays a role in how the market prices it. The pool is a standout feature, with 1 of 7 comparable homes not offering one. Based on 7 relevant data points in 78733, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
6 Beds
5 Baths 4 Full, 1 Half
6,410 Sq Ft
5.74 Acres
1999 Built
4 Garage

About This Property

Located inside a secluded enclave on nearly 6 acres of level hill-country this estate is truly unique, the property is completely usable with gently rolling terrain covered in massive oak trees. Entertain your largest guest list on the expansive patio which overlooks a true resort style pool & spa plus protected views. Enjoy a private master suite with steam shower & sauna, towering ceilings, lighted art niches & interior stone walls. Plenty of space for guest homes, workshops or garages.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Pool In Ground, Infinity, Pool/Spa Combo

Features

  • Breakfast Bar
  • Coffered Ceiling(s)
  • High Ceilings
  • Entrance Foyer
  • French Doors
  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wet Bar
  • Wired for Sound

Location

Schools

School District Eanes ISD
Elementary Barton Creek
Middle School West Ridge
High School Westlake

Property Details

Property Type Residential
Flooring Carpet, Slate, Tile
Cooling Central Air
Heating Central
Exterior Dog Run, Exterior Steps, Gutters Full, Private Yard
County Travis
MLS # 5597233
Garage 4 spaces

HOA & Community

HOA Fee $600 /Annually
HOA Includes Common Area Maintenance, See Remarks

Tax Information

Annual Taxes (MLS) $24,620 (2017)

Listing History

MLS# 5597233 180 days (222 CDOM)
Dec 12, 2018 Off Market
Sep 25, 2018 Price Change $1,750,000
Jun 15, 2018 Listed $1,850,000

Frequently Asked Questions About 1501 Palomino Ridge DR, Austin TX 78733

When was 1501 Palomino Ridge DR, Austin TX 78733 built?

1501 Palomino Ridge DR, Austin TX 78733 was built in 1999.

How much does 1501 Palomino Ridge DR, Austin TX 78733 cost?

1501 Palomino Ridge DR, Austin TX 78733 is currently off market.

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