1811 Cedar Ridge DR, Austin TX 78741

Austin, TX 78741 | Colorado Hills Estates

Ed's Opinion of Value

$995,000 Ed's Estimate: $1,376,186 $2,055,985
Lowest Comp Recommended List: $1,073,000 to $1,083,000 Highest Comp
Based on 7 closed sales in COLORADO HILLS ESTATES, the data points to a value around $1,376,186 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,073,000 to $1,083,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in COLORADO HILLS ESTATES's current inventory. A pool adds market appeal. Only 7 minus 6 of the comps had one. Being built in 1975 (5 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in COLORADO HILLS ESTATES; a buyer's market based on recent absorption. Market data shows 78741 prices fallen 4.3% over the last half year. The closest comparable sale, 1313 Alameda DR, Austin TX 78704 at an adjusted $1,362,375, is with no pool. The strength of this estimate comes from 7 directly comparable sales in COLORADO HILLS ESTATES. 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
5 Beds
3 Baths 3 Full
2,342 Sq Ft
0.285 Acres
1975 Built
2 Garage

About This Property

Discover a one-of-a-kind gem just minutes from downtown, featuring a unique layout designed for hosting large gatherings and seamless indoor-outdoor living. This exceptional home stands out in today's market with its distinctive combination of amenities, size, and proximity to downtown—you won't find another property offering such a unique blend of features at this price. Set on a sprawling 12,000+ sqft lot, this exquisite Mediterranean-inspired residence was completely renovated in 2023. It seamlessly blends modern finishes with the home's original charm and character. With 5 bedrooms, 3 full bathrooms, and a versatile office space with additional storage, this home offers ample room for both living and working. Expansive windows and doors flood the interior with abundant natural light, creating a bright and welcoming ambiance throughout. Nestled in the heart of the home, the kitchen features stunning natural Spanish terracotta tiles and an expansive concrete waterfall island with ample storage and countertop seating. The dining table with custom bench seating sits opposite a wood-burning fireplace, and so includes a bar area equipped with a wine fridge. Step outside to a private oasis with a saltwater pool, water features, and a hot tub. The covered outdoor living space is perfect for entertaining with an outdoor kitchen, fireplace, TV screens, and a ceiling fan. Enjoy serene evenings on the second-floor terrace. The lush yard offers endless possibilities for outdoor activities. Located in the AISD school district, this home feeds into the highly-rated Travis Heights Elementary. With Airbnb potential, this property is a fantastic investment. Its prime location offers easy access to the airport, Circuit of the Americas, downtown hotspots, Rainey Street, UT football games, and more. Don’t miss the chance to own this blend of luxury, comfort, and convenience—schedule your private tour today and experience the best of city living with suburban comforts!

Property Highlights

Pool In Ground, Outdoor Pool, Pool/Spa Combo, Saltwater

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Chandelier
  • Stone Counters
  • High Speed Internet
  • Interior Steps
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Recessed Lighting
  • Sound System
  • Storage

Location

Schools

School District Austin ISD
Elementary Travis Hts
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central
Exterior Lighting, Private Yard, See Remarks
County Travis
MLS # 2913598
Garage 2 spaces

Listing History

MLS# 2913598 19 days
Aug 22, 2024 Off Market
Jun 26, 2024 Listed $1,475,000

Frequently Asked Questions About 1811 Cedar Ridge DR, Austin TX 78741

When was 1811 Cedar Ridge DR, Austin TX 78741 built?

1811 Cedar Ridge DR, Austin TX 78741 was built in 1975.

How much does 1811 Cedar Ridge DR, Austin TX 78741 cost?

1811 Cedar Ridge DR, Austin TX 78741 sold on August 22, 2024. Contact us for sale price details.

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