2401 Shelby Oak LN, Austin TX 78748

Off Market

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Ed's Opinion of Value

$340,000 Ed's Estimate: $464,280 $569,203

Lowest Comp Recommended List: $344,000 to $354,000 Highest Comp

After reviewing 6 recent transactions in OAK VALLEY PARK, I estimate this property's value at $464,280. A competitive list price for this home right now would fall in the $344,000 to $354,000 range. Buyers shopping in OAK VALLEY PARK right now would see this as a well positioned option among 7 comparable homes. At 7 years older than typical comps, the 1973 build date influences the valuation. With 7 similar homes currently listed in OAK VALLEY PARK (a buyer's market), competition is a factor to consider. Prices in 78748 have fallen 4.7% over the last 6 months. A similar home at 2406 Shelby Oak LN, Austin TX 78748 carries an adjusted comparable value of $511,966, providing a strong data point. With 6 comparable sales in OAK VALLEY PARK, 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

78748 Market Trends

$410,000 Median Sold Price ▼ 4.7% 6mo

$234/sqft Median $/SqFt ▼ 3.7% 6mo

61 days Avg Days on Market 7 days slower

148 homes Active Inventory 4 mo supply

98.4% Sale-to-List Ratio

220 Sales (6 months)

Recently Sold Comparables

$511,966 adjusted 2406 Shelby Oak LN, Austin TX 78748 4bd / 2.0ba • 1,632 sqft • 0.1 mi Sold 10 months ago

$418,110 adjusted 2211 Tanglevine DR, Austin TX 78748 3bd / 2.0ba • 1,787 sqft • 0.5 mi Sold 1 months ago

$446,065 adjusted 2801 Crownspoint DR, Austin TX 78748 3bd / 2.0ba • 1,688 sqft • 0.6 mi Sold 18 days ago

$569,203 adjusted 2505 Comburg Castle WAY, Austin TX 78748 3bd / 2.0ba • 1,946 sqft • 0.1 mi Sold 2 months ago

$457,491 adjusted 2705 Dupoint CV, Austin TX 78748 3bd / 2.0ba • 1,403 sqft • 0.5 mi Sold 9 months ago

Currently on Market

$524,990 2311 Sheri Oak LN, Austin TX 78748 4bd / 2.0ba • 1,651 sqft • 0.1 mi 129 days on market

$340,000 9201 Brodie LN # 1203, Austin TX 78748 3bd / 3.0ba • 1,687 sqft • 0.9 mi 3 days on market

$515,000 3000 Cohoba DR, Austin TX 78748 3bd / 3.0ba • 1,788 sqft • 0.8 mi 112 days on market

3 Beds

2 Baths 2 Full

1,741 Sq Ft

0.24 Acres

1973 Built

2 Garage

About This Property

South Austin 3/2 with 2 living areas & office. Home features a gorgeous, large covered back patio with brick pillars & tiled floors. All sides brick, 2 car garage, covered front patio, & large workshop/storage building with electricity, ceiling fan, & AC. Interior boasts breakfast room with bay windows & built in seating, a built in microwave & oven with separate cook top, & a stone fireplace & breakfast bar. Recent upgrades include fresh paint throughout, some new hardware/fixtures, & new (8/13) carpet.FEMA - Unknown Restrictions: Yes

Features

Bookcases
Breakfast Bar
High Ceilings
Crown Molding
French Doors
Multiple Dining Areas
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Cowan

Middle School Bailey

High School Akins

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5382284

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $3,874 (2013)

Listing History

MLS# 5382284 32 days

Nov 13, 2013	Off Market
Oct 11, 2013	Pending
Oct 10, 2013	Price Change	$210,000
Aug 30, 2013	Listed	$215,000

Frequently Asked Questions About 2401 Shelby Oak LN, Austin TX 78748

When was 2401 Shelby Oak LN, Austin TX 78748 built?

2401 Shelby Oak LN, Austin TX 78748 was built in 1973.

How much does 2401 Shelby Oak LN, Austin TX 78748 cost?

2401 Shelby Oak LN, Austin TX 78748 sold on November 13, 2013. Contact us for sale price details.

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