Ed's Opinion of Value

$1,723,758 Ed's Estimate: $3,690,071 $9,085,268
Lowest Comp Recommended List: $6,402,000 to $6,506,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $3,690,071. To generate strong buyer interest while maximizing value, I'd price this between $6,402,000 and $6,506,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in ISLAND MOUNT BONNELL SHORES. This home's larger footprint (1,166 sqft vs the comp average) plays a role in how the market prices it. The 2018 construction puts this home 8 years newer than the comp average, a factor in the pricing. 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
5 Beds
7 Baths
6,230 Sq Ft
0.944 Acres
2018 Built

About This Property

$600K price reduction-motivated seller! Lake Austin downtown waterfront located in Austin's MOST EXCLUSIVE gated neighborhood (The Island at Mt. Bonnell). Ready to build - ideal setting for your custom home. Design study/floor plans available. This is as good as life gets! Approximately 1 acre lot supports home from 3,000 to 13,000+ sq ft! Great elevation (half flat, half hill) enabling both great views and gentle sloping waterfront. It has 165 ft of waterfront., 2 boat slips. Owner Finance Available!Restrictions: Yes

Location

Schools

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

Property Details

Property Type Residential
Heating None
Exterior Boat Dock - Private
County Travis
MLS # 4044104

HOA & Community

HOA Fee $2,400 /Annually

Tax Information

Annual Taxes (MLS) $30,468 (2010)

Listing History

MLS# 4044104 397 days
Dec 31, 2018 Off Market
Nov 30, 2017 Listed $6,500,000

Frequently Asked Questions About 4701 Island CV, Austin TX 78731

When was 4701 Island CV, Austin TX 78731 built?

4701 Island CV, Austin TX 78731 was built in 2018.

How much does 4701 Island CV, Austin TX 78731 cost?

4701 Island CV, Austin TX 78731 is currently off market.

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