2001 Faro DR # 31, Austin TX 78741

Off Market

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Ed's Opinion of Value

$433,382 Ed's Estimate: $455,310 $557,536

Lowest Comp Recommended List: $460,000 to $465,000 Highest Comp

After reviewing 7 recent transactions in 78741, I estimate this property's value at $455,310. A competitive list price for this home right now would fall in the $460,000 to $465,000 range. Buyers shopping in 78741 right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (499 sqft vs the comp average) plays a role in how the market prices it. At 7 years newer than typical comps, the 2012 build date influences the valuation. Current inventory shows 7 comparable homes in 78741; a buyer's market based on recent absorption. Prices in 78741 have fallen 12.6% over the last 6 months. A similar home at 2001 Faro DR # 34, Austin TX 78741 carries an adjusted comparable value of $450,908, providing a strong data point. With 7 comparable sales in 78741, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78741 Market Trends

$330,000 Median Sold Price ▼ 12.6% 6mo

$253/sqft Median $/SqFt ▼ 8.3% 6mo

73 days Avg Days on Market 11 days faster

120 homes Active Inventory 10.4 mo supply

95.5% Sale-to-List Ratio

69 Sales (6 months)

Recently Sold Comparables

$450,908 adjusted 2001 Faro DR # 34, Austin TX 78741 3bd / 3.0ba • 1,692 sqft • 0.1 mi Sold 11 months ago

$484,384 adjusted 6210 Larch TER # A, Austin TX 78741 4bd / 3.0ba • 2,150 sqft • 0.8 mi Sold 7 months ago

$557,536 adjusted 4405 Festival PATH # 28, Austin TX 78741 2bd / 3.0ba • 1,340 sqft • 0.8 mi Sold 6 months ago

$464,740 adjusted 1602 Whitney WAY, Austin TX 78741 3bd / 2.0ba • 1,594 sqft • 0.3 mi Sold 10 months ago

$433,382 adjusted 6109 Club TER, Austin TX 78741 3bd / 2.0ba • 1,148 sqft • 0.8 mi Sold 2 months ago

Currently on Market

$449,990 2307 Hermia ST # 24, Austin TX 78741 3bd / 3.0ba • 2,035 sqft • 1.2 mi 7 days on market

$449,900 2003 Hermia ST # 57, Austin TX 78741 3bd / 3.0ba • 2,035 sqft • 1.1 mi 13 days on market

$449,900 2308 Montague ST, Austin TX 78741 3bd / 3.0ba • 1,898 sqft • 1.1 mi 110 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,977 Sq Ft

0.15 Acres

2012 Built

2 Garage

About This Property

Distinctly Designed Riverside Villas, privately gated community, conveniently located in the heart of Austin.2 miles to DT, a few miles to UT & 3 miles to ABIA. Stunning features sleek modern designs, stucco, stone brick exterior, high ceilings, gourmet kitchen, granite counter tops, espresso colored cabinets, can lighting, generous master w/double closets, and private bath. Sprinkler Sys:Yes

Features

Breakfast Bar
High Ceilings
Pantry
Primary Bedroom on Main

Location

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Schools

School District Del Valle ISD

Elementary Baty

Middle School Other

High School Del Valle

Property Details

Property Type Residential

Flooring Carpet, Laminate, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 1116420

Garage 2 spaces

HOA & Community

HOA Fee $96 /Monthly

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $5,984 (2014)

Listing History

MLS# 1116420 19 days

Nov 20, 2015	Off Market
Oct 7, 2015	Pending
Sep 18, 2015	Listed	$299,900

Frequently Asked Questions About 2001 Faro DR # 31, Austin TX 78741

When was 2001 Faro DR # 31, Austin TX 78741 built?

2001 Faro DR # 31, Austin TX 78741 was built in 2012.

How much does 2001 Faro DR # 31, Austin TX 78741 cost?

2001 Faro DR # 31, Austin TX 78741 sold on November 20, 2015. Contact us for sale price details.

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