1511 Oak Heights DR # 1, Austin TX 78741

The market data from 3 similar recent sales in ELMHURST OAKS points to a value of approximately $633,901. To sell within a reasonable timeframe at fair market value, the $712,000 to $786,000 range is where I'd position this. With 3 comparable homes on the market in ELMHURST OAKS, this price positions the property as the most affordable of 3 comparable homes on the market. Being 135 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 3 similar properties are competing for buyers in ELMHURST OAKS, listed between $729,000 and $1,225,000. In 78741, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 3308 Catalina DR, Austin TX 78741, adjusting to $652,936; with a smaller floor plan. The 3 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