Ed's Opinion of Value

$393,750 Ed's Estimate: $575,086 $673,197
Lowest Comp Recommended List: $393,000 to $403,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $575,086. Pricing this home between $393,000 and $403,000 would put it in the competitive sweet spot for FOREST OAKS. This home's position in the current FOREST OAKS market: the most expensive of 5 comparable homes on the market among comparable properties. Being 430 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 30 years newer than typical comps, the 2023 build date influences the valuation. The active market in FOREST OAKS includes 5 comparable homes priced from $393,750 to $615,000. Market data shows FOREST OAKS prices fallen 12.3% over the last half year. The closest comparable sale, 4603 Richmond Ave # 2, Austin TX 78745 at an adjusted $586,942, is with a larger floor plan. The comp data here (7 sales in FOREST OAKS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
2 Beds
2 Baths 1 Full, 1 Half
960 Sq Ft
0.244 Acres
2023 Built
1 Garage

About This Property

This 2 bedroom/ 1.5 bath newly constructed home is located just 4 miles south of Downtown in the neighborhood of Forest Oaks. This area has become a popular location for Austinites because of the close proximity to major highways and its walkability to local favorites like Central Market, Radio Coffee, and El Chilito. The interior of the home features an open floor plan with the kitchen, living room and half bath on the main level. The custom kitchen was designed for maximum storage and convenience while still maintaining a sleek, modern finish with stainless steel KitchenAid appliances and a waterfall quartz breakfast bar/ island. The second level has two bedrooms with light oak flooring and large picture windows. The full bathroom features quartz countertops and a large walk-in shower. Outside, the spacious and private backyard has a sprawling oak tree that will provide plenty of shade in the spring and summer.

4603 Philco’s sister property, 4600 Gillis is also listed for sale at $1,495,000 (MLS #6919459). 4600 Gillis and 4603 Philco share one plat and legal lot description (.244 acres total) and will remain one single-family property unless the two homes are sold separately. In that case, a condo regime will be established. The two properties can be purchased together for $1,900,000.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Quartz Counters
  • Electric Dryer Hookup
  • Interior Steps
  • Open Floorplan
  • Washer Hookup

Location

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Schools

School District Austin ISD
Elementary Joslin
Middle School Covington
High School Crockett

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central
Exterior Gutters Full, Private Yard
County Travis
MLS # 4463308

Parking

Garage 1 spaces

Listing History

MLS# 4463308 - Updated Mar 13, 2026 10 days
Feb 29, 2024 Off Market
Jan 19, 2024 Listed $525,000

Frequently Asked Questions About 4603 Philco DR, Austin TX 78745

When was 4603 Philco DR, Austin TX 78745 built?

4603 Philco DR, Austin TX 78745 was built in 2023.

How much does 4603 Philco DR, Austin TX 78745 cost?

4603 Philco DR, Austin TX 78745 sold on February 29, 2024. Contact us for sale price details.

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