2502 Leon ST # 101, Austin TX 78705

Based on 4 closed sales in TEXAS SHOAL CREEK, the data points to a value around $360,250 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $349,000 to $371,000. Relative to what's currently available in TEXAS SHOAL CREEK, this home would be the most affordable of 4 comparable homes on the market. This home's smaller footprint (121 sqft vs the comp average) plays a role in how the market prices it. With 4 similar homes currently listed in TEXAS SHOAL CREEK (a buyer's market), competition is a factor to consider. Market data shows 78705 prices fallen 12% over the last half year. The closest comparable sale, 2502 Leon ST # 201, Austin TX 78705 at an adjusted $305,922, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in TEXAS SHOAL CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group