2502 Leon ST # 306, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $306,779. For a well positioned listing in TEXAN SHOAL CREEK, I'd target the $339,000 to $361,000 range. Against 7 similar active listings in TEXAN SHOAL CREEK, this price point lands at the most affordable of 7 comparable homes on the market. The 2017 construction puts this home 18 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. With 7 similar homes currently listed in TEXAN SHOAL CREEK (a buyer's market), competition is a factor to consider. Recent trends in 78705 show home values have fallen 11.7% since 6 months ago. The most comparable recent sale is 2502 Leon ST # 416, Austin TX 78705, with an adjusted value of $303,743; with a larger floor plan. The 7 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