2502 Leon ST # 405, Austin TX 78705

The market data from 6 similar recent sales in TEXAN SHOAL CREEK points to a value of approximately $385,065. To sell within a reasonable timeframe at fair market value, the $385,000 to $386,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in TEXAN SHOAL CREEK. The 189 sqft size difference versus comparable sales is reflected in the adjusted values. The 2007 construction puts this home 17 years newer than the comp average, a factor in the pricing. Right now, 5 similar properties are competing for buyers in TEXAN SHOAL CREEK, listed between $375,000 and $418,500. In 78705, home values have fallen approximately 20.2% over the past 6 months. One of the strongest data points is 2502 Leon ST # 416, Austin TX 78705, adjusting to $337,986; with a larger floor plan. The 6 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