Ed's Opinion of Value

$971,879 Ed's Estimate: $1,354,236 $2,519,000
Lowest Comp Recommended List: $1,809,000 to $1,948,000 Highest Comp
Taking into account 4 nearby comparable sales, this property's estimated value comes to $1,354,236. If we were to list this property today, I'd recommend a list price in the $1,809,000 to $1,948,000 range. This home's position in the current COLORADO HILLS ESTATES market: the most affordable of 3 comparable homes on the market among comparable properties. At 180 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.30 acres versus 0.20 for the typical comp. Buyers in COLORADO HILLS ESTATES have 3 comparable options right now, with asking prices between $1,650,000 and $2,519,000. The 6 month price trend in 78741: fallen 1.1%. The best comp here is 2118 Glendale PL # 1, Austin TX 78704 at an adjusted value of $971,879, with a smaller floor plan. The strength of this estimate comes from 4 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
4 Beds
3 Baths 3 Full
2,356 Sq Ft
0.3 Acres
2021 Built

About This Property

New Construction in East Austin near Oracle Campus, just minutes from Downtown Austin, Lady Bird Lake, and more! Breathtaking 4BD/ 3BA/2,356 SqFt Texas Ranch-style modern luxury home at the end of a cul-de-sac. Stunning covered front porch for relaxing and entertaining. The interior offers a gorgeous open floor plan, oak hardwood floors, vaulted ceilings, recessed lighting, and designer fixtures and hardware throughout. A large wall of oversized sliding doors opens the living room onto the front porch. Gourmet island kitchen with stainless appliances (fridge conveys with sale), high-end Wolf range with induction cooktop, custom red oak cabinetry, and Fenix countertops (innovative Italian material that is anti-fingerprints). The spacious Owner’s Suite serves as a peaceful getaway for rest and relaxation and offers an amazing oversized walk-in closet with custom built-in shelving. Spoil yourself with the luxurious ensuite bath with designer floating dual vanity, Fenix countertops, stand-alone soaking tub, and modern glass-enclosed walk-in shower. The spacious secondary bedrooms are secluded away from the Owner’s Suite on the other side of the home for privacy and offer abundant natural light. With 3 secondary bedrooms, one could easily be used for a home office, music room, yoga studio, or media retreat. Incredible laundry room with washer & dryer (convey with sale), cabinetry storage and countertops, and a sink. This location is a hidden gem! Just 2 miles south of Downtown Austin! A mile south of Lady Bird Lake and the amazing hike & bike trail. This home is in the heart of everything with endless nearby dining & entertainment options on East Riverside, Downtown, East Austin, Rainy Street, and more! Super close to HEB Plus! Minutes to Zilker & SOCO. Easy access to I-35, Hwy 71, and 183. Just 1 mile to Oracle’s East Riverside Campus. Quick drive to ABIA. 20-min commute to Tesla. Google Fiber is available!

Features

  • Built-in Features
  • Ceiling Fan(s)
  • Double Vanity
  • Electric Dryer Hookup
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air, Electric
Heating Central, Electric
Exterior Lighting
County Travis
MLS # 1020288

Tax Information

Annual Taxes $5,845 (2021)

Listing History

MLS# 1020288 52 days
Dec 17, 2021 Off Market
Oct 21, 2021 Price Change $1,250,000
Sep 10, 2021 Listed $1,385,000

Frequently Asked Questions About 1906 Cedar Ridge DR, Austin TX 78741

When was 1906 Cedar Ridge DR, Austin TX 78741 built?

1906 Cedar Ridge DR, Austin TX 78741 was built in 2021.

How much does 1906 Cedar Ridge DR, Austin TX 78741 cost?

1906 Cedar Ridge DR, Austin TX 78741 sold on December 17, 2021. Contact us for sale price details.

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