4520 - 4518 Rimrock TRL, Austin TX 78723

Austin, TX 78723 | Marlo Heights

Ed's Opinion of Value

$739,000 Ed's Estimate: $894,177 $1,075,000
Lowest Comp Recommended List: $767,000 to $777,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $894,177. Based on how the local market is moving, a list price between $767,000 and $777,000 would position this home well. Buyers shopping in 78723 right now would see this as a well positioned option among 7 comparable homes. The larger floor plan (319 sqft compared to the average comp) is a meaningful differentiator in this price range. At 17 years older than typical comps, the 1963 build date influences the valuation. There are currently 7 similar homes on the market in 78723, ranging from $739,000 to $2,375,000. The 6 month price trend in 78723: fallen 0.8%. The best comp here is 1812 Running Brook DR, Austin TX 78723 at an adjusted value of $903,305, with a smaller floor plan and a pool. With 7 comparable sales in 78723, 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
4 Beds
3 Baths 2 Full, 1 Half
2,568 Sq Ft
0.972 Acres
1963 Built

About This Property

Attention Investors and home builders! Unique opportunity to purchase land in prime East Austin location at unbeatable price. Home is likely teardown - value primarily in LAND. 4518 & 4520 Rimrock packaged for a combined .972 acres. Can be purchased separately, MLS#3326048 & #2849093. Oversized, heavily treed lot w/ close proximity to DT. Near Mueller shopping & restaurants. Close to I35 & 183.Restrictions: Yes

Location

Schools

School District Austin ISD
Elementary Blanton
Middle School Other
High School Reagan

Property Details

Property Type Residential
Flooring See Remarks
Cooling Central Air
Heating Central
Exterior Gutters Partial, RV Hookup
County Travis
MLS # 1789604

Listing History

MLS# 1789604 90 days
Aug 5, 2016 Off Market
May 23, 2016 Pending
Apr 18, 2016 Price Change $600,000
Feb 23, 2016 Listed $700,000

Frequently Asked Questions About 4520 - 4518 Rimrock TRL, Austin TX 78723

When was 4520 - 4518 Rimrock TRL, Austin TX 78723 built?

4520 - 4518 Rimrock TRL, Austin TX 78723 was built in 1963.

How much does 4520 - 4518 Rimrock TRL, Austin TX 78723 cost?

4520 - 4518 Rimrock TRL, Austin TX 78723 sold on August 5, 2016. Contact us for sale price details.

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