408 Cherry Hill DR, Austin TX 78704

Austin, TX 78704 | Cherry Hills

Ed's Opinion of Value

$525,762 Ed's Estimate: $565,674 $775,000
Lowest Comp Recommended List: $741,000 to $768,000 Highest Comp
The market data from 3 similar recent sales in CHERRY HILLS points to a value of approximately $565,674. To sell within a reasonable timeframe at fair market value, the $741,000 to $768,000 range is where I'd position this. Against 3 similar active listings in CHERRY HILLS, this price point lands at the most affordable of 3 comparable homes on the market. The 220 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.21 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in CHERRY HILLS; a buyer's market based on recent absorption. In 78704, home values have fallen approximately 3.8% over the past 6 months. One of the strongest data points is 400 Cherry Hill DR, Austin TX 78704, adjusting to $525,762; with a larger floor plan. 3 comparable transactions in CHERRY HILLS 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
3 Beds
2 Baths 2 Full
1,222 Sq Ft
0.2085 Acres
1959 Built

About This Property

Significant Price Reduction!*#! Seller will consider all offers. Request interest rate buy-down information from Nate Beita w/ Supreme Lending. Newly constructed million dollar homes and updated homes next door. Plus new construction in the neighborhood. Stately built home sitting at the top of Cherry Hill Road. This home was built in 1959 and was a home which attracted a viewing. As you turn up the street on Cherry Hill that is the first thing you see. Sits high with magnificent oaks surrounding the home. Oaks in the front yard, side yard and back yard. Three bedroom home/two full baths with a beautiful entrance. True mother-in-law plan. Large secondary bedrooms. Covered porch with columns on each side. Entry door is a double door with side windows. As you enter you will see straight through to the back yard because of the wall of glass windows. Mother-in-law plan with secondary bedrooms and full bath on the right side of the home and the primary bedroom and bath on the left-side of the home separated by the living spaces. The floor plan and yard are beautiful. Rare opportunity to purchase a beautiful single-story home in a wonderful area of south Austin, 78704. There are many creative offices, public market and restaurants off Congress and South First, SOCO area. This home is a 5 minute commute to local eateries, bars, coffee shops and walks.

Features

  • Ceiling Fan(s)
  • Pantry
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Dawson
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Concrete
Cooling Wall/Window Unit(s)
Heating None
Exterior None
County Travis
MLS # 5925865

Tax Information

Annual Taxes $11,388 (2024)

Listing History

MLS# 5925865 26 days (234 CDOM)
Jan 6, 2025 Off Market
Nov 1, 2024 Listed $548,000

Frequently Asked Questions About 408 Cherry Hill DR, Austin TX 78704

When was 408 Cherry Hill DR, Austin TX 78704 built?

408 Cherry Hill DR, Austin TX 78704 was built in 1959.

How much does 408 Cherry Hill DR, Austin TX 78704 cost?

408 Cherry Hill DR, Austin TX 78704 sold on January 6, 2025. Contact us for sale price details.

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