4727 PALISADE DR, Austin TX 78731

Austin, TX 78731 | Cliff Over Lake Austin

Ed's Opinion of Value

$1,640,000 Ed's Estimate: $2,763,842 $7,750,536
Lowest Comp Recommended List: $1,475,000 to $1,485,000 Highest Comp
The comparable sales data (7 recent transactions in CLIFF OVER LAKE AUSTIN) supports an estimated value of $2,763,842. The data suggests a list price between $1,475,000 and $1,485,000 would attract qualified buyers without leaving money on the table. This home's position in the current CLIFF OVER LAKE AUSTIN market: the 4th most expensive of 7 comparable homes on the market among comparable properties. The larger floor plan (342 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.54 acres versus 0.43 for the typical comp. Right now, 7 similar properties are competing for buyers in CLIFF OVER LAKE AUSTIN, listed between $1,495,000 and $7,150,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 6304 Bon Terra DR, Austin TX 78731 carries an adjusted comparable value of $1,738,658, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in CLIFF OVER LAKE AUSTIN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
5 Beds
5 Baths
5,237 Sq Ft
0.537 Acres
2004 Built

About This Property

BEAUTIFUL WATERFRONT LOT! ONE OF THE LAST LOTS @ LAKE AUSTIN FLAT HOMESITE AND FABULOUS LAKE VIEWS CLOSE IN. OWNER OF PROPERTY ENTITLED TO BUILD BOAT DOCK IN AREA DESIGNATED FOR BOAT DOCK CONST. CALL KATHLEEN FOR SURVEY OF LOT.Restrictions: Yes

Location

Schools

School District Austin ISD
Elementary Highland Park
High School McCallum

Property Details

Property Type Residential
Heating None
Exterior None
County Travis
MLS # 5613155

Listing History

MLS# 5613155 49 days
Jun 23, 2016 Off Market
Mar 10, 2016 Listed $2,999,000

Frequently Asked Questions About 4727 PALISADE DR, Austin TX 78731

When was 4727 PALISADE DR, Austin TX 78731 built?

4727 PALISADE DR, Austin TX 78731 was built in 2004.

How much does 4727 PALISADE DR, Austin TX 78731 cost?

4727 PALISADE DR, Austin TX 78731 sold on June 23, 2016. Contact us for sale price details.

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