4701 Highland TER, Austin TX 78731

Austin, TX 78731 | Highland Park West

Ed's Opinion of Value

$650,861 Ed's Estimate: $1,094,609 $1,895,000
Lowest Comp Recommended List: $1,813,000 to $1,846,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,094,609. For a well positioned listing in HIGHLAND PARK WEST, I'd target the $1,813,000 to $1,846,000 range. With 7 comparable homes on the market in HIGHLAND PARK WEST, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (165 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.63 acres, the lot is larger than the 0.45 acre comp average, which factors into pricing. The active market in HIGHLAND PARK WEST includes 7 comparable homes priced from $1,177,500 to $2,200,000. Recent trends in HIGHLAND PARK WEST show home values have fallen 43.2% since 6 months ago. The most comparable recent sale is 4715 Highland TER, Austin TX 78731, with an adjusted value of $1,326,323; with a larger floor plan. The 3 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
4 Beds
3 Baths 3 Full
2,813 Sq Ft
0.633 Acres
1953 Built

About This Property

Don’t miss out on the opportunity to own this spacious lot and 2813 sq. ft. home in desirable Highland Park West, just minutes from downtown. This 4 Bedroom, 3 Bath home also includes a 2-room renovated garage apartment. Interior cosmetic updates made in 2023 pair well with the home’s beautiful original features and hardwood floors, not to mention large closets and built-ins are plentiful throughout the entire home. The home’s original floor plan boasts two living areas, an eat-in kitchen and formal dining space, a large laundry/mud room, and a separated primary suite with direct access to the exceptional backyard. The spacious garage apartment has two private entrances, one from the front porch and one from the top of the driveway, making it a great option for a large home office or additional space for guests, relatives, or renters. A land planning study completed in 2023 reveals ideas for additions to the home that could hug the perimeter of this lot, creating further privacy and sound barriers to neighboring properties and urban noise. The options for this home and lot in the coveted Highland Park West are many. A tree study, land planning report, and floor plan are accessible by agents in MLS or upon request.

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Tile Counters
  • Gas Dryer Hookup
  • Eat-in Kitchen
  • In-Law Floorplan
  • Multiple Living Areas
  • Natural Woodwork
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Tile, Vinyl, Wood
Cooling Central Air, Wall/Window Unit(s)
Heating Central, Fireplace(s)
Exterior Private Entrance, Private Yard
County Travis
MLS # 9560884

Tax Information

Annual Taxes (MLS) $17,028 (2023)

Listing History

MLS# 9560884 261 days (258 CDOM)
Apr 30, 2024 Off Market
Mar 1, 2024 Price Change $999,000
Jun 17, 2023 Listed $1,799,000

Frequently Asked Questions About 4701 Highland TER, Austin TX 78731

When was 4701 Highland TER, Austin TX 78731 built?

4701 Highland TER, Austin TX 78731 was built in 1953.

How much does 4701 Highland TER, Austin TX 78731 cost?

4701 Highland TER, Austin TX 78731 sold on April 30, 2024. Contact us for sale price details.

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