2511 Broken Oak DR, Austin TX 78745

Off Market

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Ed's Opinion of Value

$431,711 Ed's Estimate: $536,560 $670,000

Lowest Comp Recommended List: $520,000 to $553,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $536,560. I'd recommend coming to market at $520,000 to $553,000 to strike the right balance between value and market velocity. Against 7 similar active listings in CHERRY CREEK, this price point lands at the 3rd least expensive of 7 comparable homes on the market. With 7 similar homes currently listed in CHERRY CREEK (a balanced market), competition is a factor to consider. The trend in CHERRY CREEK shows prices have risen 7.8% in the past 6 months. 2512 Burly Oak DR, Austin TX 78745 nearby adjusts to $662,900; a strong comparable. Based on 7 relevant data points in CHERRY CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

CHERRY CREEK Market Trends

$550,000 Median Sold Price ▲ 7.8% 6mo

$300/sqft Median $/SqFt ▼ 2.3% 6mo

44 days Avg Days on Market 4 days faster

24 homes Active Inventory 3.3 mo supply

97.2% Sale-to-List Ratio

43 Sales (6 months)

Recently Sold Comparables

$662,900 adjusted 2512 Burly Oak DR, Austin TX 78745 3bd / 2.0ba • 1,452 sqft • 0.1 mi Sold 7 months ago

$658,935 adjusted 7602 Whispering Oaks DR, Austin TX 78745 3bd / 2.0ba • 1,528 sqft • 0.1 mi Sold 2 months ago

$498,755 adjusted 2700 Nordham DR, Austin TX 78745 3bd / 2.0ba • 1,472 sqft • 0.9 mi Sold 2 months ago

$431,711 adjusted 6501 Boleynwood DR, Austin TX 78745 3bd / 2.0ba • 1,399 sqft • 0.8 mi Sold 2 months ago

$620,057 adjusted 2803 Nordham DR, Austin TX 78745 3bd / 2.0ba • 1,379 sqft • 0.9 mi Sold 4 months ago

Currently on Market

$595,000 7308 Eganhill DR, Austin TX 78745 3bd / 2.0ba • 1,350 sqft • 0.4 mi 11 days on market

$629,000 7504 Whispering Oaks DR, Austin TX 78745 3bd / 2.0ba • 1,480 sqft • 0.1 mi 96 days on market

$670,000 2605 Edenwood DR, Austin TX 78745 3bd / 2.0ba • 1,550 sqft • 0.3 mi 2 days on market

3 Beds

2 Baths 2 Full

1,426 Sq Ft

0.174 Acres

1979 Built

2 Garage

About This Property

Large Living room with gas or wood burning fireplace on one side and cozy window seat with a view to the treed backyard on the other makes this a very comfortable, yet flexible place to be! Kitchen has ample counter and cabinet space. There is a gas range, and a sink with a window! The kitchen adjoins the dining and is adjacent to the living room. The hallways at the entry and bedroom wing offer plenty of wall space for displaying a special art piece or family pictures. Improvements on Disclosure!Restrictions: Yes

Features

No Interior Steps
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Cunningham

Middle School Covington

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior Gutters Partial, No Exterior Steps

County Travis

MLS # 7251368

Garage 2 spaces

Listing History

MLS# 7251368 43 days

Oct 11, 2013	Off Market
Sep 7, 2013	Pending
Jul 29, 2013	Price Change	$199,000
Jul 14, 2013	Listed	$215,000

Frequently Asked Questions About 2511 Broken Oak DR, Austin TX 78745

When was 2511 Broken Oak DR, Austin TX 78745 built?

2511 Broken Oak DR, Austin TX 78745 was built in 1979.

How much does 2511 Broken Oak DR, Austin TX 78745 cost?

2511 Broken Oak DR, Austin TX 78745 sold on October 11, 2013. Contact us for sale price details.

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