3800 Balcones DR, Austin TX 78731

Off Market

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Ed's Opinion of Value

$899,000 Ed's Estimate: $1,497,502 $2,000,000

Lowest Comp Recommended List: $787,000 to $797,000 Highest Comp

After reviewing 7 recent transactions in 78731, I estimate this property's value at $1,497,502. A competitive list price for this home right now would fall in the $787,000 to $797,000 range. Relative to what's currently available in 78731, this home would be the 2nd most expensive of 7 comparable homes on the market. The larger lot (0.86 acres versus the area average of 0.26) contributes to the valuation. Buyers in 78731 have 7 comparable options right now, with asking prices between $809,900 and $2,000,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 2620 Pecos ST, Austin TX 78703 carries an adjusted comparable value of $1,239,572, providing a strong data point. With 7 comparable sales in 78731, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78731 Market Trends

$1,000,000 Median Sold Price ▼ 15.3% 6mo

$412/sqft Median $/SqFt ▼ 2.7% 6mo

76 days Avg Days on Market 26 days slower

103 homes Active Inventory 4.4 mo supply

95.6% Sale-to-List Ratio

140 Sales (6 months)

Recently Sold Comparables

$1,239,572 adjusted 2620 Pecos ST, Austin TX 78703 3bd / 3.0ba • 2,562 sqft • 0.8 mi Sold 5 months ago

$1,307,212 adjusted 3402 Bonnie RD, Austin TX 78703 4bd / 2.0ba • 2,530 sqft • 1.7 mi Sold 11 months ago

$1,791,008 adjusted 2004 Matthews DR, Austin TX 78703 3bd / 2.0ba • 2,479 sqft • 1.4 mi Sold 10 months ago

$1,193,517 adjusted 3209 Warren ST, Austin TX 78703 3bd / 3.0ba • 2,424 sqft • 0.4 mi Sold 12 months ago

$1,361,515 adjusted 2312 Indian TRL, Austin TX 78703 3bd / 3.0ba • 2,438 sqft • 1.5 mi Sold 5 months ago

Currently on Market

$899,000 3416 Pecos ST # B, Austin TX 78703 3bd / 3.0ba • 2,443 sqft • 0.3 mi 46 days on market

$1,325,000 2404 Westover RD, Austin TX 78703 3bd / 2.0ba • 2,180 sqft • 1.1 mi 3 days on market

$2,000,000 3514 Bridle PATH, Austin TX 78703 3bd / 2.0ba • 2,624 sqft • 1.6 mi 47 days on market

3 Beds

2 Baths

2,488 Sq Ft

0.862 Acres

1957 Built

About This Property

DECEASED ESTATE located in Central Austin's premier Balcones Drive. Exquisite oaks and a run-off creek welcome visitors to this beautiful site. Top Old Austin Street. Fantastic lot with structure. NO restrictions regarding the existing structure. Could renovate/update Mid-Century Modern house and add onto the back side. Add living space using the carport. OR, remove and start from scratch. 2009 Survey shows land goes back to electric wires. HEIRS Eager to SELL. Restrictions: Yes

Location

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Schools

School District Austin ISD

Elementary Casis

Middle School O Henry

High School Austin

Property Details

Property Type Residential Lease

Heating None

Exterior None

County Travis

MLS # 2111638

Listing History

MLS# 2111638 98 days

Feb 2, 2015	Off Market
Oct 27, 2014	Listed		$3,500

MLS# 6371400 98 days

Sep 1, 2011	Off Market
May 3, 2011	Listed		$3,000

MLS# 7151468 138 days

Mar 22, 2010	Off Market
Oct 25, 2009	Listed		$3,500

MLS# 9431654 126 days

Sep 25, 2009	Off Market
Apr 2, 2009	Listed		$950,000

MLS# 5963349 4 days

Jul 7, 2009	Off Market
Jul 3, 2009	Listed		$799,000

Frequently Asked Questions About 3800 Balcones DR, Austin TX 78731

When was 3800 Balcones DR, Austin TX 78731 built?

3800 Balcones DR, Austin TX 78731 was built in 1957.

How much does 3800 Balcones DR, Austin TX 78731 cost?

3800 Balcones DR, Austin TX 78731 sold on February 2, 2015. Contact us for sale price details.

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