2001 Faro DR # 50, Austin TX 78741

Off Market

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Ed's Opinion of Value

$390,000 Ed's Estimate: $420,554 $479,000

Lowest Comp Recommended List: $420,000 to $424,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $420,554. For a well positioned listing in RIVERSIDE VILLAS, I'd target the $420,000 to $424,000 range. Among the similar homes currently available in RIVERSIDE VILLAS, this price point stands out as competitive. Being 194 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 6 similar properties are competing for buyers in RIVERSIDE VILLAS, listed between $349,888 and $479,000. Recent trends in 78741 show home values have fallen 10.8% since 6 months ago. The most comparable recent sale is 2001 Faro DR # 34, Austin TX 78741, with an adjusted value of $414,000; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78741 Market Trends

$330,000 Median Sold Price ▼ 10.8% 6mo

$254/sqft Median $/SqFt ▼ 5.8% 6mo

76 days Avg Days on Market 10 days faster

119 homes Active Inventory 9.4 mo supply

95.3% Sale-to-List Ratio

76 Sales (6 months)

Recently Sold Comparables

$414,000 adjusted 2001 Faro DR # 34, Austin TX 78741 3bd / 3.0ba • 1,692 sqft • 0.1 mi Sold 11 months ago

$430,838 adjusted 2101 Rivers Edge WAY # 17, Austin TX 78741 3bd / 3.0ba • 1,405 sqft • 0.1 mi Sold 9 months ago

$419,777 adjusted 2101 Rivers Edge WAY # 9, Austin TX 78741 3bd / 3.0ba • 1,398 sqft • 0.1 mi Sold 8 months ago

Currently on Market

$479,000 2101 Rivers Edge WAY # 19, Austin TX 78741 3bd / 3.0ba • 1,692 sqft • 0.2 mi 57 days on market

$399,000 2001 Faro DR # 37, Austin TX 78741 3bd / 3.0ba • 1,581 sqft • 0.1 mi 2 days on market

$390,000 2101 Rivers Edge WAY # 29, Austin TX 78741 3bd / 3.0ba • 1,488 sqft • 0.2 mi 85 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,692 Sq Ft

0.15 Acres

2012 Built

2 Garage

About This Property

You will love coming home to this freestanding home at 2001 Faro Drive, Unit 50, Austin, TX 78741, located in a private gated community. This modern and contemporary design is just minutes from Downtown, Town Lake, and the UT campus. The open-concept layout boasts high ceilings and features stainless steel appliances, with a washer, dryer, and refrigerator included in the unit. The primary bedroom offers two walk-in closets, providing ample storage space. This pet-friendly home is move-in ready, offering convenience and style in a prime location. Tenants will be required to sign up for the new Resident Perks Program at $25/mo per household.

Features

Breakfast Bar
High Ceilings
Interior Steps
Walk-In Closet(s)

Location

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Schools

School District Del Valle ISD

Elementary Baty

Middle School Ojeda

High School Del Valle

Property Details

Property Type Residential Lease

Flooring Carpet, Tile

Cooling Ceiling Fan(s), Central Air

Heating Central

Exterior None

County Travis

MLS # 3932479

Garage 2 spaces

Listing History

MLS# 3932479 45 days

Aug 30, 2024	Off Market
Aug 1, 2024	Price Change	$2,250
Jul 1, 2024	Listed	$2,375

MLS# 1193498 154 days

Jun 22, 2020	Off Market
Jan 14, 2020	Listed		$2,200

MLS# 2138864 176 days

Apr 9, 2015	Off Market
Sep 10, 2014	Listed		$299,999

Frequently Asked Questions About 2001 Faro DR # 50, Austin TX 78741

When was 2001 Faro DR # 50, Austin TX 78741 built?

2001 Faro DR # 50, Austin TX 78741 was built in 2012.

How much does 2001 Faro DR # 50, Austin TX 78741 cost?

2001 Faro DR # 50, Austin TX 78741 sold on August 30, 2024. Contact us for sale price details.

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