3203 Hancock DR, Austin TX 78731

Austin, TX 78731 | Highland Park West

Ed's Opinion of Value

$915,554 Ed's Estimate: $1,108,504 $1,750,000
Lowest Comp Recommended List: $1,237,000 to $1,258,000 Highest Comp
The estimated value of this property is $1,108,504, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,237,000 and $1,258,000. With 4 comparable homes on the market in HIGHLAND PARK WEST, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (164 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1950, this home is 5 years older than the average comp, which is reflected in the adjustments. There are currently 4 similar homes on the market in HIGHLAND PARK WEST, ranging from $925,000 to $1,750,000. Recent trends in HIGHLAND PARK WEST show home values have fallen 21.2% since 6 months ago. The most comparable recent sale is 4804 Balcones DR, Austin TX 78731, with an adjusted value of $1,059,148; a strong comparable. Based on 7 relevant data points in HIGHLAND PARK WEST, 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
5 Beds
3 Baths 3 Full
2,525 Sq Ft
0.319 Acres
1950 Built

About This Property

Welcome to a rare and exceptional property, featuring two distinct homes on one expansive lot. The front home, a classic three-bedroom 1950s ranch, exudes timeless appeal, while at the rear of the property, a contemporary gem awaits. Built in 2017, the back house showcases a great two-bedroom, two-bathroom layout with high ceilings and tons of light, designed for modern living. The front house boasts a freshly updated kitchen, full of brand new appliances. With a prime location in Highland Park West, residents will enjoy the best of both worlds - a peaceful, residential setting that’s just down the street from Russell's Bakery and a stone's throw away from Highland Park Elementary, Perry Park, Juiceland, Chez Zee, Yamas Greek Kitchen, Randall’s, Starbucks, and more. Whether it's the allure of separate work and living spaces or the desire for a multi-generational living setup, this property presents a myriad of possibilities. For those who may benefit from it, the rear home was also designed to be wheelchair accessible. Landlord is also open to creative uses of the two-home setup, including office use, partial sublease of one house, etc. Come take a look at the possibilities and reach out with questions!

Features

  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential Lease
Flooring Tile, Vinyl, Wood
Cooling Ceiling Fan(s), Central Air
Heating Natural Gas
Exterior Private Yard
County Travis
MLS # 3257988

Listing History

MLS# 3257988 178 days
Apr 1, 2025 Off Market
Mar 12, 2025 Price Change $4,400
Sep 27, 2024 Listed $5,000

Frequently Asked Questions About 3203 Hancock DR, Austin TX 78731

When was 3203 Hancock DR, Austin TX 78731 built?

3203 Hancock DR, Austin TX 78731 was built in 1950.

How much does 3203 Hancock DR, Austin TX 78731 cost?

3203 Hancock DR, Austin TX 78731 sold on April 1, 2025. Contact us for sale price details.

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