4831 Timberline DR, Austin TX 78746

Austin, TX 78746 | Timberline Terrace

Ed's Opinion of Value

$1,383,200 Ed's Estimate: $1,918,948 $3,795,000
Lowest Comp Recommended List: $1,350,000 to $1,360,000 Highest Comp
Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,918,948. I'd recommend coming to market at $1,350,000 to $1,360,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in TIMBERLINE TERRACE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. Being 395 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1963, this home is 9 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in TIMBERLINE TERRACE; a buyer's market based on recent absorption. The trend in 78746 shows prices have risen 2.2% in the past 6 months. 4828 Timberline DR, Austin TX 78746 nearby adjusts to $2,143,197; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths
3,136 Sq Ft
0.3716 Acres
1963 Built

About This Property

Prime opportunity to build in the heart of Rollingwood, the hottest family neighborhood in the Austin area! This fabulous large, buildable corner lot is ~.3716 acre / ~16,187 square feet. It is rare to find a close-in corner lot that affords the space for a premier architectural design! The City of Rollingwood is a charming, highly sought-after neighborhood with many luxury new construction homes currently under development. This excellent Timberline location is walking distance to Rollingwood Park and the private Western Hills Athletic Club (The Rollingwood Pool), and is close to downtown, Zilker Park, Barton Springs pool, Lady Bird Lake, shopping and restaurants. The City of Rollingwood is currently rated by Niche as the #1 place to raise a family in Travis County, and Eanes ISD is rated as the 10th best school district in the nation. Eanes ISD has long been known as the top school district in the Austin area, with all exemplary A-rated schools! As a bonus, enjoy a lower tax rate than the City of Austin. A mid-century home is in place, value is in the land. Estate sale. Survey and deed restrictions available. Property sold "as-is."

Location

Schools

School District Eanes ISD
Elementary Eanes
Middle School Hill Country
High School Westlake

Property Details

Property Type Land
County Travis
MLS # 9722857

Listing History

MLS# 9722857 3 days
Sep 13, 2023 Off Market
Aug 10, 2023 Listed $1,695,000

Frequently Asked Questions About 4831 Timberline DR, Austin TX 78746

When was 4831 Timberline DR, Austin TX 78746 built?

4831 Timberline DR, Austin TX 78746 was built in 1963.

How much does 4831 Timberline DR, Austin TX 78746 cost?

4831 Timberline DR, Austin TX 78746 sold on September 13, 2023. Contact us for sale price details.

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