4624 Marlo DR, Austin TX 78723

Off Market

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Ed's Opinion of Value

$285,605 Ed's Estimate: $539,592 $767,389

Lowest Comp Recommended List: $617,000 to $626,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $539,592. I'd recommend coming to market at $617,000 to $626,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78723, this price point stands out as competitive. Built in 2014, this home is 43 years newer than the average comp, which is reflected in the adjustments. The 0.21 acre lot (larger than the 0.17 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78723; a buyer's market based on recent absorption. The trend in 78723 shows prices have fallen 1.2% in the past 6 months. 4612 Windy Brook DR # A, Austin TX 78723 nearby adjusts to $541,559; a strong comparable. Based on 7 relevant data points in 78723, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78723 Market Trends

$575,000 Median Sold Price ▼ 1.2% 6mo

$360/sqft Median $/SqFt ▼ 3.1% 6mo

68 days Avg Days on Market 21 days slower

139 homes Active Inventory 4.8 mo supply

97.2% Sale-to-List Ratio

175 Sales (6 months)

Recently Sold Comparables

$541,559 adjusted 4612 Windy Brook DR # A, Austin TX 78723 3bd / 3.0ba • 1,534 sqft • 0.1 mi Sold 3 months ago

$616,722 adjusted 1605 Ridgemont DR, Austin TX 78723 3bd / 2.0ba • 1,504 sqft • 1.5 mi Sold 7 days ago

$401,861 adjusted 5112 Ravensdale LN, Austin TX 78723 3bd / 2.0ba • 1,506 sqft • 0.7 mi Sold 17 days ago

$285,605 adjusted 1218 E 52nd ST, Austin TX 78723 3bd / 2.0ba • 1,539 sqft • 1.8 mi Sold 5 months ago

$767,389 adjusted 2906 Zach Scott ST, Austin TX 78723 3bd / 3.0ba • 1,547 sqft • 0.7 mi Sold 1 days ago

Currently on Market

$599,900 4607 Cedar Point DR, Austin TX 78723 3bd / 2.0ba • 1,469 sqft • 0 mi 24 days on market

$619,500 1909 E M Franklin Ave, Austin TX 78723 3bd / 3.0ba • 1,521 sqft • 0.8 mi

$625,000 2105 Brunswick DR, Austin TX 78723 3bd / 2.0ba • 1,504 sqft • 1.7 mi 1 days on market

3 Beds

2 Baths 2 Full

1,508 Sq Ft

0.207 Acres

2014 Built

About This Property

This one-of-a-kind home is truly unique - modern, minimal design, impressive finishes, newer construction, & located on a quiet street with a large yard to play/entertain-all in HOT EAST AUSTIN. Extensive natural light, floating shelves, exposed beams & custom shades. Entrance is secured with an electric gate and boasts both a front porch and secluded master back deck, along with a detached carport with built-in storage. Extremely energy efficient home.

Features

Breakfast Bar
Beamed Ceilings
No Interior Steps
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Blanton

Middle School Bertha Sadler Means

High School Reagan

Property Details

Property Type Residential

Flooring Concrete, Tile

Cooling Central Air

Heating Central

Exterior Exterior Steps, Private Yard

County Travis

MLS # 6304572

Tax Information

Annual Taxes $5,930 (2019)

Listing History

MLS# 6304572 3 days

Jul 19, 2019	Off Market
Jun 22, 2019	Pending
Jun 19, 2019	Listed	$479,500

Frequently Asked Questions About 4624 Marlo DR, Austin TX 78723

When was 4624 Marlo DR, Austin TX 78723 built?

4624 Marlo DR, Austin TX 78723 was built in 2014.

How much does 4624 Marlo DR, Austin TX 78723 cost?

4624 Marlo DR, Austin TX 78723 sold on July 19, 2019. Contact us for sale price details.

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