3505 Lakeland DR, Austin TX 78731

Off Market

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Ed's Opinion of Value

$450,000 Ed's Estimate: $732,959 $788,732

Lowest Comp Recommended List: $406,000 to $416,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $732,959. To generate strong buyer interest while maximizing value, I'd price this between $406,000 and $416,000. With 5 comparable homes on the market in HIGHLAND PARK WEST, this price positions the property as the most expensive of 5 comparable homes on the market. Right now, 5 similar properties are competing for buyers in HIGHLAND PARK WEST, listed between $450,000 and $559,000. The trend in HIGHLAND PARK WEST shows prices have fallen 28.3% in the past 6 months. 3518 Lakeland DR, Austin TX 78731 nearby adjusts to $732,837; a strong comparable. 4 comparable transactions in HIGHLAND PARK WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

HIGHLAND PARK WEST Market Trends

$1,312,500 Median Sold Price ▼ 28.3% 6mo

$459/sqft Median $/SqFt ▼ 7.7% 6mo

41 days Avg Days on Market 86 days faster

5 homes Active Inventory 2.1 mo supply

97.4% Sale-to-List Ratio

14 Sales (6 months)

Recently Sold Comparables

$732,837 adjusted 3518 Lakeland DR, Austin TX 78731 3bd / 2.0ba • 1,540 sqft • 0.1 mi Sold 7 months ago

$780,048 adjusted 3514 Lakeland DR, Austin TX 78731 3bd / 2.0ba • 1,779 sqft • 0.1 mi Sold 11 months ago

$631,775 adjusted 5110 Valley Oak Dr, Austin TX 78731 3bd / 1.0ba • 1,368 sqft • 0.5 mi Sold 3 months ago

$788,732 adjusted 5207 Valley Oak DR, Austin TX 78731 4bd / 3.0ba • 1,850 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$525,000 4906 Westfield DR, Austin TX 78731 3bd / 2.0ba • 1,550 sqft • 0.9 mi 93 days on market

$559,000 4514 Highland TER, Austin TX 78731 3bd / 1.0ba • 1,536 sqft • 1.2 mi 102 days on market

$450,000 5512 Oakwood CV # 162, Austin TX 78731 3bd / 3.0ba • 1,729 sqft • 0.4 mi 15 days on market

3 Beds

2 Baths 2 Full

1,612 Sq Ft

0.249 Acres

1954 Built

About This Property

This home is in move-in condition and offers great opportunities for updating the spaces. There is a small patio area at the front door but the jewel is the private area around the partial wall that opens from the kitchen and offers a great place to watch the kids play safely at the top of the driveway. The detached storage/workshop could be opened up for additional covered parking and to open up the view of the incredible oak tree just behind it. The terraced back yard offers good opportunities for shaded patio space and upper-level play yard. The large living area is completely open to the good sized dining area and kitchen which offers great options for opening up to the other areas.
The master has an attached bath with an additional vanity area good for bath expansion. Two more bedrooms share a bath off the hall.

Features

Breakfast Bar
Ceiling Fan(s)
Electric Dryer Hookup
Gas Dryer Hookup
Open Floorplan
Primary Bedroom on Main
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Highland Park

Middle School Lamar (Austin ISD)

High School McCallum

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Uncovered Courtyard, Dog Run, Exterior Steps

County Travis

MLS # 8545896

Tax Information

Annual Taxes (MLS) $12,545 (2021)

Listing History

MLS# 8545896 4 days

Sep 30, 2021	Off Market
Sep 9, 2021	Listed		$685,000

MLS# 5898194 19 days

Nov 17, 2013	Off Market
Oct 29, 2013	Listed		$1,900

MLS# 3071972 37 days

Oct 30, 2012	Off Market
Sep 4, 2012	Listed		$1,850

MLS# 2581531 49 days

Jan 14, 2009	Off Market
Nov 26, 2008	Listed		$1,600

Frequently Asked Questions About 3505 Lakeland DR, Austin TX 78731

When was 3505 Lakeland DR, Austin TX 78731 built?

3505 Lakeland DR, Austin TX 78731 was built in 1954.

How much does 3505 Lakeland DR, Austin TX 78731 cost?

3505 Lakeland DR, Austin TX 78731 sold on September 30, 2021. Contact us for sale price details.

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