Ed's Opinion of Value

$1,686,418 Ed's Estimate: $2,595,455 $4,250,000
Lowest Comp Recommended List: $1,664,000 to $1,674,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $2,595,455. For a well positioned listing in BALCONES PARK, I'd target the $1,664,000 to $1,674,000 range. In the current BALCONES PARK market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1963 construction puts this home 5 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in BALCONES PARK (a buyer's market), competition is a factor to consider. Recent trends in 78731 show home values have fallen 13.3% since 6 months ago. The most comparable recent sale is 4700 Crestway DR, Austin TX 78731, with an adjusted value of $2,957,135; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
3,600 Sq Ft
0.709 Acres
1963 Built
2 Garage

About This Property

Welcome to 3412 Shinoak. Dubbed The Treetops Sanctuary, this mid century masterpiece is located in the prestigious Balcones Park neighborhood, near the end of a cul-de-sac, surrounded by rolling hills and mature trees. Expansive views through a vaulted wall of windows overlooking the large, 0.7 acre, tree-filled lot immediately draw you in — providing inspiration for its incredibly appropriate moniker. Flanking you as you continue inside, is a fantastic seating area perfect for meetings (or an office, play area, etc.), and a generously sized dining room ideal for hosting gatherings or quiet family dinners. The light filled kitchen is an entertainer and chef’s dream with a grand island, Bertazzoni oven and cooktop, Miele refrigerator, and all custom cabinetry. Grab a coffee or cocktail on the serene deck just off the kitchen and breakfast area. Down the hall and away from the common areas, you’ll find a primary bedroom and bath perfectly designed to be a true owner’s retreat and place of relaxation. Downstairs is a large, versatile, and open family gathering space with views of the heated pool that should be enjoyed year-round. Two large bedrooms and full bathrooms can be found on either end of the downstairs living space. Just minutes away from downtown, this incredible home was painstakingly renovated down to the studs in 2020 with the purpose of creating an Austin home unlike any other. Homes like this don't come up often.

Property Highlights

Pool In Ground

Features

  • Breakfast Bar
  • Beamed Ceilings
  • Coffered Ceiling(s)
  • Vaulted Ceiling(s)
  • French Doors
  • Interior Steps
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wet Bar

Location

Schools

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

Property Details

Property Type Residential Lease
Flooring No Carpet, Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps, Gutters Partial, Private Yard
County Travis
MLS # 5287681
Garage 2 spaces

Listing History

MLS# 5287681 9 days
Apr 22, 2024 Off Market
Apr 10, 2024 Listed $13,500

Frequently Asked Questions About 3412 Shinoak DR, Austin TX 78731

When was 3412 Shinoak DR, Austin TX 78731 built?

3412 Shinoak DR, Austin TX 78731 was built in 1963.

How much does 3412 Shinoak DR, Austin TX 78731 cost?

3412 Shinoak DR, Austin TX 78731 sold on April 22, 2024. Contact us for sale price details.

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