1513 Forest TRL # 5, Austin TX 78703

Austin, TX 78703 | Westfield | Built by Shoberg Custom Homes

Ed's Opinion of Value

$699,000 Ed's Estimate: $1,424,596 $1,716,259
Lowest Comp Recommended List: $636,000 to $646,000 Highest Comp
The comparable sales data (7 recent transactions in WESTFIELD) supports an estimated value of $1,424,596. The data suggests a list price between $636,000 and $646,000 would attract qualified buyers without leaving money on the table. This home's position in the current WESTFIELD market: the most expensive of 7 comparable homes on the market among comparable properties. Being built in 2012 (34 years newer than comps) is factored into the value estimate. Lot size matters here: 1.10 acres versus 0.13 for the typical comp. Current inventory shows 7 comparable homes in WESTFIELD; a buyer's market based on recent absorption. Prices in WESTFIELD have fallen 33.6% over the last 6 months. A similar home at 1806 Stamford LN, Austin TX 78703 carries an adjusted comparable value of $1,362,482, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in WESTFIELD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths
1,867 Sq Ft
1.101 Acres
2012 Built

About This Property

Central Austin location, ideal for custom homes or townhouse community. Beautiful mature trees, private access to West Enfield Park, five minutes from Downtown Austin, the University of Texas, and Lake Austin. Zoned multi-family (MF-3). A true gem in prestigious Old West Austin. Property consists of two adjoining legal lots. The north lot is approximately 162'x 248'; South lot is approximately 70'x 196'. Both have access to West Enfield Park and are zoned MF-3.

Location

Schools

School District Austin ISD
Elementary Casis
Middle School O Henry
High School Austin

Property Details

Property Type Residential Lease
Heating None
Exterior None
County Travis
MLS # 7965523

Tax Information

Annual Taxes $17,377 (2009)

Listing History

MLS# 7965523 4 days
Oct 28, 2014 Off Market
Sep 29, 2014 Listed $4,000

Frequently Asked Questions About 1513 Forest TRL # 5, Austin TX 78703

When was 1513 Forest TRL # 5, Austin TX 78703 built?

1513 Forest TRL # 5, Austin TX 78703 was built in 2012.

How much does 1513 Forest TRL # 5, Austin TX 78703 cost?

1513 Forest TRL # 5, Austin TX 78703 sold on October 28, 2014. Contact us for sale price details.

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