4503 Spanish Oak TER, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,575,085. To generate strong buyer interest while maximizing value, I'd price this between $2,041,000 and $2,055,000. Among the similar homes currently available in BALCONES PARK, this price point stands out as competitive. The larger floor plan (309 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.40 acres, the lot is larger than the 0.37 acre comp average, which factors into pricing. The active market in BALCONES PARK includes 3 comparable homes priced from $1,995,000 to $2,499,999. The trend in 78731 shows prices have fallen 12.5% in the past 6 months. 4607 Balcones DR, Austin TX 78731 nearby adjusts to $1,381,090; with a smaller floor plan. The 7 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