500 Arbor LN, Austin TX 78745

Off Market

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Ed's Opinion of Value

$285,000 Ed's Estimate: $346,750 $468,000

Lowest Comp Recommended List: $336,000 to $357,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $346,750. For a well positioned listing in COMMUNITY FAIRVIEW, I'd target the $336,000 to $357,000 range. Among the similar homes currently available in COMMUNITY FAIRVIEW, this price point stands out as competitive. At 159 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 4 comparable homes in COMMUNITY FAIRVIEW; a buyer's market based on recent absorption. Recent trends in COMMUNITY FAIRVIEW show home values have risen 9.9% since 6 months ago. The most comparable recent sale is 5907 GLENHOLLOW PATH, Austin TX 78745, with an adjusted value of $375,803; with a smaller floor plan. The 4 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

COMMUNITY FAIRVIEW Market Trends

$442,500 Median Sold Price ▲ 9.9% 6mo

$338/sqft Median $/SqFt ▲ 4.3% 6mo

152 days Avg Days on Market 129 days slower

5 homes Active Inventory 7.5 mo supply

91.6% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$375,803 adjusted 5907 GLENHOLLOW PATH, Austin TX 78745 3bd / 2.0ba • 1,333 sqft • 0.5 mi Sold 3 months ago

$314,821 adjusted 6410 Middleham PL, Austin TX 78745 3bd / 2.0ba • 1,370 sqft • 0.9 mi Sold 5 months ago

$370,457 adjusted 715 King Edward PL, Austin TX 78745 3bd / 2.0ba • 1,370 sqft • 1 mi Sold 11 months ago

$320,969 adjusted 1013 Austin Highlands BLVD, Austin TX 78745 3bd / 2.0ba • 1,285 sqft • 1 mi Sold 1 months ago

Currently on Market

$285,000 5303 Harvest LN, Austin TX 78745 3bd / 3.0ba • 1,438 sqft • 0.1 mi 7 days on market

$450,000 504 Heartwood DR, Austin TX 78745 3bd / 2.0ba • 1,358 sqft • 0.4 mi 18 days on market

$468,000 6510 King George DR, Austin TX 78745 3bd / 2.0ba • 1,340 sqft • 1 mi 29 days on market

3 Beds

3 Baths 1 Full, 2 Half

1,498 Sq Ft

0.1438 Acres

1965 Built

1 Garage

About This Property

Welcome to this 3-bedroom property in Austin, featuring 1 full bath and 2 half baths. The breakfast dining area seamlessly connects to the kitchen and living room, providing a practical layout. All bedrooms are conveniently situated upstairs, while the laundry room is located downstairs for ease of access. This fixer-upper provides an excellent opportunity for customization. The sale includes a washer, dryer, and 2 refrigerators. Only 15 minutes from downtown and in proximity to South Congress shopping, this centrally located property offers convenient access to Lady Bird Lake, Hike and Bike Trail, and major highways.

Features

Ceiling Fan(s)
French Doors
Interior Steps
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Odom

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Concrete, Laminate, Tile

Cooling Central Air

Heating Central

Exterior Private Yard

County Travis

MLS # 1622120

Parking

Garage 1 spaces

Tax Information

Annual Taxes $8,291 (2023)

Listing History

MLS# 1622120 57 days

Feb 5, 2024	Off Market
Dec 30, 2023	Price Change	$374,999
Nov 19, 2023	Listed	$399,999

Frequently Asked Questions About 500 Arbor LN, Austin TX 78745

When was 500 Arbor LN, Austin TX 78745 built?

500 Arbor LN, Austin TX 78745 was built in 1965.

How much does 500 Arbor LN, Austin TX 78745 cost?

500 Arbor LN, Austin TX 78745 sold on February 5, 2024. Contact us for sale price details.

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