1516 Forest TRL, Austin TX 78703

Austin, TX 78703 | Westfield

Ed's Opinion of Value

$2,200,000 Ed's Estimate: $2,558,856 $3,995,000
Lowest Comp Recommended List: $2,960,000 to $2,980,000 Highest Comp
Based on 7 closed sales in WESTFIELD, the data points to a value around $2,558,856 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,960,000 to $2,980,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in WESTFIELD's current inventory. At 762 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1941 (22 years older than comps) is factored into the value estimate. The active market in WESTFIELD includes 7 comparable homes priced from $2,200,000 to $4,100,000. Market data shows WESTFIELD prices risen 3.3% over the last half year. The closest comparable sale, 2611 Woodmont Ave, Austin TX 78703 at an adjusted $2,209,364, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
4 Beds
4 Baths 4 Full
4,207 Sq Ft
0.4784 Acres
1941 Built

About This Property

On a spacious .4798-acre corner lot at 1516 Forest Trail in Tarrytown, this property features a stone wall, complemented by mature landscaping and inviting shade trees that enhance its curb appeal. The main house has been updated and remodeled while preserving its original features, including hardwood floors, high ceilings, built-ins, pocket doors and generously proportioned rooms. Recent improvements ensure a seamless blend of timeless elegance and modern convenience. Within the main house there are three bedrooms and three baths, with the primary suite featuring two full baths and two walk-in closets. The bathrooms have modern, timeless finishes. Additional spaces include a dining room, den, study, office and a utility room. The kitchen, designed for multiple cooks, offers ample storage, food prep and serving areas. An island features a gas cook top, butcher block counter and a breakfast bar for casual dining. Stainless appliances and stone counters complete the kitchen. A recent addition to the property, completed in 2021, is the guest house.
The guest house features an open living & dining area, one bedroom, one bath and a spacious kitchen with stainless appliances and granite counters. The bathroom has a walk-in shower and a vanity with granite countertop. The bedroom, with a walk-in closet, connects to a covered patio, providing access to the lawn and gardens. Recent improvements include, replacement and new roof shingles, gutters, exterior paint, security system, interior and exterior electrical service panels, tankless water heater, insulation and HVAC systems.The property also includes and oversized 2 car carport with a substantial storage area/workshop. Located just minutes from downtown Austin, ladyBird Lake, walking and bike paths, restaurants, shopping and entertainment. Austin ISD Schools - Casis Elementary, O'Henry Middle and Austin High.

Features

  • 2 Primary Baths
  • High Ceilings
  • Granite Counters
  • Entrance Foyer
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Stone, Tile, Wood
Cooling Central Air, Electric
Heating Central, Natural Gas
Exterior Exterior Steps, Garden, Gutters Partial, Lighting, Permeable Paving
County Travis
MLS # 3382165

Tax Information

Annual Taxes (MLS) $35,244 (2023)

Listing History

MLS# 3382165 124 days (122 CDOM)
May 2, 2024 Off Market
Nov 29, 2023 Listed $3,500,000

Frequently Asked Questions About 1516 Forest TRL, Austin TX 78703

When was 1516 Forest TRL, Austin TX 78703 built?

1516 Forest TRL, Austin TX 78703 was built in 1941.

How much does 1516 Forest TRL, Austin TX 78703 cost?

1516 Forest TRL, Austin TX 78703 sold on May 2, 2024. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.