5002 Majestic DR, Austin TX 78745

Off Market

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Ed's Opinion of Value

$300,000 Ed's Estimate: $433,265 $485,000

Lowest Comp Recommended List: $316,000 to $326,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $433,265. To generate strong buyer interest while maximizing value, I'd price this between $316,000 and $326,000. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in PARK FOREST. The active market in PARK FOREST includes 4 comparable homes priced from $300,000 to $485,000. The trend in PARK FOREST shows prices have risen 28.7% in the past 6 months. 4704 Philco DR, Austin TX 78745 nearby adjusts to $420,590; with a smaller floor plan. 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

PARK FOREST Market Trends

$672,500 Median Sold Price ▲ 28.7% 6mo

$417/sqft Median $/SqFt ▼ 3.8% 6mo

59 days Avg Days on Market 8 days slower

11 homes Active Inventory 5.5 mo supply

96.9% Sale-to-List Ratio

12 Sales (6 months)

Recently Sold Comparables

$420,590 adjusted 4704 Philco DR, Austin TX 78745 3bd / 1.0ba • 1,170 sqft • 0.2 mi Sold 3 months ago

$361,306 adjusted 4623 Philco DR, Austin TX 78745 3bd / 1.0ba • 1,538 sqft • 0.2 mi Sold 1 months ago

$462,583 adjusted 4906 Enchanted LN, Austin TX 78745 3bd / 2.0ba • 1,187 sqft • 0.2 mi Sold 10 months ago

$436,273 adjusted 4706 Clawson RD, Austin TX 78745 4bd / 2.0ba • 1,228 sqft • 0.2 mi Sold 6 months ago

$373,245 adjusted 4800 Lansing DR, Austin TX 78745 3bd / 2.0ba • 1,174 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$359,900 4701 SYLVANDALE DR # 1, Austin TX 78745 3bd / 2.0ba • 1,135 sqft • 0.1 mi 141 days on market

$485,000 4413 Russell DR, Austin TX 78745 3bd / 2.0ba • 1,261 sqft • 0.5 mi 85 days on market

$300,000 5003 Richmond Ave, Austin TX 78745 3bd / 2.0ba • 1,184 sqft • 0.2 mi 58 days on market

3 Beds

1 Baths 1 Full

1,294 Sq Ft

0.1744 Acres

1960 Built

About This Property

Creative haven in coveted 78745! This updated 3-bedroom gem sits in one of South Austin’s favorite neighborhoods and comes with a bonus that sets it apart: a detached 225 sq ft casita that’s fully set up as a professional recording studio — or your dream home office, art space, or guest retreat.

Inside the 1,294 sq ft main home, you’ll find a thoughtfully updated layout with two living areas, a refreshed kitchen, and a bright, inviting sunroom that doubles as a cozy second living space. The home boasts a 2021 roof and HVAC, brand new water heater (2024), updated electrical panel, and fresh paint throughout. A wall of built-in bookshelves brings charm and character, and the new stove, washer/dryer, and refrigerator all convey.

Out back, the shady yard offers peace, privacy, and creative inspiration — whether you're laying down tracks, working remotely, or just unwinding under the trees.

Features

Built-in Features
Ceiling Fan(s)
High Speed Internet
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main
Washer Hookup

Location

Map loading...

Schools

School District Austin ISD

Elementary Joslin

Middle School Covington

High School Crockett

Property Details

Property Type Residential

Flooring Tile, Vinyl

Cooling Ceiling Fan(s), Central Air

Heating Central, Natural Gas

Exterior Gutters Full, No Exterior Steps

County Travis

MLS # 1753088

Tax Information

Annual Taxes $8,458 (2025)

Listing History

MLS# 1753088 - Updated Mar 13, 2026 36 days

Aug 26, 2025	Off Market
Jul 15, 2025	Price Change	$490,000
Jun 26, 2025	Listed	$500,000

MLS# 9006352 4 days

Jun 8, 2018	Off Market
Apr 26, 2018	Listed		$349,500

MLS# 7297920 4 days

May 30, 2014	Off Market
Apr 30, 2014	Listed		$269,900

Frequently Asked Questions About 5002 Majestic DR, Austin TX 78745

When was 5002 Majestic DR, Austin TX 78745 built?

5002 Majestic DR, Austin TX 78745 was built in 1960.

How much does 5002 Majestic DR, Austin TX 78745 cost?

5002 Majestic DR, Austin TX 78745 sold on August 26, 2025. Contact us for sale price details.

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