2408 Lancaster DR, Austin TX 78748

Austin, TX 78748 | Castlewood Forest | Built by Art Thompson

Off Market

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Ed's Opinion of Value

$549,900 Ed's Estimate: $745,957 $980,297

Lowest Comp Recommended List: $417,000 to $427,000 Highest Comp

After reviewing 6 recent transactions in CASTLEWOOD FOREST, I estimate this property's value at $745,957. A competitive list price for this home right now would fall in the $417,000 to $427,000 range. This would position the home competitively among 7 active listings in CASTLEWOOD FOREST. Being 109 sqft smaller than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 5 of the 6 comps lacked one. Buyers in CASTLEWOOD FOREST have 7 comparable options right now, with asking prices between $389,990 and $795,000. Prices in CASTLEWOOD FOREST have fallen 4% over the last 6 months. A similar home at 2505 Comburg Castle WAY, Austin TX 78748 carries an adjusted comparable value of $637,178, providing a strong data point. With 6 comparable sales in CASTLEWOOD FOREST, 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

CASTLEWOOD FOREST Market Trends

$850,000 Median Sold Price ▼ 4% 6mo

$371/sqft Median $/SqFt ▲ 3.3% 6mo

42 days Avg Days on Market 6 days faster

2 homes Active Inventory 1.7 mo supply

99.0% Sale-to-List Ratio

7 Sales (6 months)

Recently Sold Comparables

$637,178 adjusted 2505 Comburg Castle WAY, Austin TX 78748 3bd / 2.0ba • 1,946 sqft • 0.1 mi Sold 2 months ago

$800,303 adjusted 2313 Monarch DR, Austin TX 78748 3bd / 2.0ba • 1,889 sqft • 0.4 mi Sold 7 months ago

$980,297 adjusted 2506 Comburg Castle WAY, Austin TX 78748 3bd / 2.0ba • 2,024 sqft • 0.1 mi Sold 4 months ago

$787,762 adjusted 2502 Comburg Castle WAY, Austin TX 78748 4bd / 3.0ba • 2,214 sqft • 0.1 mi Sold 3 months ago

$574,953 adjusted 2406 Shelby Oak LN, Austin TX 78748 4bd / 2.0ba • 1,632 sqft • 0.2 mi Sold 10 months ago

Currently on Market

$795,000 2401 Vassal DR, Austin TX 78748 4bd / 3.0ba • 2,037 sqft • 0.1 mi 13 days on market

$549,900 2311 Sheri Oak LN, Austin TX 78748 4bd / 2.0ba • 1,651 sqft • 0.2 mi 74 days on market

$649,000 9513 LINKMEADOW DR, Austin TX 78748 4bd / 3.0ba • 1,957 sqft • 0.8 mi 21 days on market

4 Beds

2 Baths 2 Full

1,871 Sq Ft

0.322 Acres

1974 Built

2 Garage

About This Property

REDUCED! Great price for 4-2, 1-story home on 1/3-acre lot on safe, quiet street! Gorgeous updated kitchen, bathrooms, and fireplace! Modern kitchen has silestone counters, large oven & red-oak cabinets; stunning remodeled shower off Master. HUGE screened back porch! Open floor plan w/vaulted ceiling and blt-in bookshelves. 110-gal water heater, indoor utility, solar panels,ceiling fans. Beautiful front courtyard and large shady trees! RV/Boat parking and above-ground pool. New-laid carpet, fresh paint.

Property Highlights

Pool Above Ground

Features

Vaulted Ceiling(s)
Multiple Living Areas
No Interior Steps
Pantry
Primary Bedroom on Main
Walk-In Closet(s)
Wet Bar

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, Solar

Exterior Gutters Partial, RV Hookup

County Travis

MLS # 8975557

Parking

Garage 2 spaces

Tax Information

Annual Taxes $2,640 (2011)

Listing History

MLS# 8975557 134 days

Apr 10, 2012	Off Market
Mar 18, 2012	Pending
Dec 2, 2011	Price Change	$214,800
Nov 5, 2011	Listed	$225,000

Frequently Asked Questions About 2408 Lancaster DR, Austin TX 78748

When was 2408 Lancaster DR, Austin TX 78748 built?

2408 Lancaster DR, Austin TX 78748 was built in 1974.

How much does 2408 Lancaster DR, Austin TX 78748 cost?

2408 Lancaster DR, Austin TX 78748 sold on April 10, 2012. Contact us for sale price details.

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