2804 French PL, Austin TX 78722

Off Market

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Ed's Opinion of Value

$494,760 Ed's Estimate: $712,637 $1,050,000

Lowest Comp Recommended List: $767,000 to $884,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $712,637. I'd recommend coming to market at $767,000 to $884,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FOREST HILLS, this price point stands out as competitive. The 375 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1940, this home is 9 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in FOREST HILLS, listed between $649,900 and $1,050,000. The trend in FOREST HILLS shows prices have fallen 38.2% in the past 6 months. 1303 Wilshire BLVD, Austin TX 78722 nearby adjusts to $906,548; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

FOREST HILLS Market Trends

$474,900 Median Sold Price ▼ 38.2% 6mo

$351/sqft Median $/SqFt ▼ 36.4% 6mo

57 days Avg Days on Market 24 days slower

2 homes Active Inventory 1.7 mo supply

96.8% Sale-to-List Ratio

7 Sales (6 months)

Recently Sold Comparables

$906,548 adjusted 1303 Wilshire BLVD, Austin TX 78722 3bd / 3.0ba • 2,165 sqft • 0.9 mi Sold today

$633,494 adjusted 2806 Breeze TER, Austin TX 78722 3bd / 2.0ba • 1,571 sqft • 0.1 mi Sold 2 months ago

$494,760 adjusted 1719 E 32nd ST, Austin TX 78722 3bd / 2.0ba • 1,572 sqft • 0.3 mi Sold 4 months ago

$950,615 adjusted 3811 Cherrywood RD, Austin TX 78722 3bd / 2.0ba • 1,548 sqft • 0.6 mi Sold 4 days ago

$596,640 adjusted 1200 Bentwood RD, Austin TX 78722 3bd / 2.0ba • 1,712 sqft • 1.4 mi Sold 2 months ago

Currently on Market

$899,000 1804 E 39th ST, Austin TX 78722 3bd / 2.0ba • 2,159 sqft • 0.8 mi 2 days on market

$649,900 1202 Norwood RD, Austin TX 78722 3bd / 2.0ba • 1,866 sqft • 1.4 mi 1 days on market

$1,050,000 2632 Tom Miller ST, Austin TX 78723 3bd / 2.0ba • 2,075 sqft • 1.2 mi 11 days on market

3 Beds

2 Baths 2 Full

2,089 Sq Ft

0.233 Acres

1940 Built

About This Property

Unique property on a quiet tree lined street in the coveted Cherrywood/French Place neighborhood! Oversized .23 acre lot includes a 1,409 square foot main house and a 680 square foot garage apartment, each with their own private backyard space. Renovate or tear down and build new! Bring your contractor and/or architect. Lots of potential! Walk to Dai Dui, Salty Sow, Haymaker, Thunderbird Coffee, and much more!FEMA - Unknown Guest Accommodations: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Maplewood

Middle School Kealing

High School McCallum

Property Details

Property Type Land

Flooring Tile, Wood

Cooling Wall/Window Unit(s)

Heating None

Exterior Private Yard

County Travis

MLS # 5871062

Tax Information

Annual Taxes (MLS) $8,943 (2016)

Listing History

MLS# 5871062

Jun 20, 2016	Off Market
May 26, 2016	Listed		$399,000

Frequently Asked Questions About 2804 French PL, Austin TX 78722

When was 2804 French PL, Austin TX 78722 built?

2804 French PL, Austin TX 78722 was built in 1940.

How much does 2804 French PL, Austin TX 78722 cost?

2804 French PL, Austin TX 78722 sold on June 20, 2016. Contact us for sale price details.

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