2502 Leon ST # 513, Austin TX 78705

After reviewing 3 recent transactions in TEXAS SHOAL CREEK, I estimate this property's value at $280,430. A competitive list price for this home right now would fall in the $204,000 to $214,000 range. Buyers shopping in TEXAS SHOAL CREEK right now would see this as a well positioned option among 7 comparable homes. At 113 sqft smaller than the typical comp, the size difference factors into the valuation. At 14 years older than typical comps, the 2007 build date influences the valuation. 7 similar homes are currently available in TEXAS SHOAL CREEK, creating a buyer's market for this price range. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 2500 Longview ST # 112, Austin TX 78705 carries an adjusted comparable value of $272,992, providing a strong data point. With 3 comparable sales in TEXAS SHOAL CREEK, 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