5003 Backtrail DR, Austin TX 78731

After reviewing 6 recent transactions in CAT MOUNTAIN NORTH, I estimate this property's value at $1,725,723. A competitive list price for this home right now would fall in the $1,277,000 to $1,287,000 range. Buyers shopping in CAT MOUNTAIN NORTH right now would see this as a well positioned option among 7 comparable homes. Having a pool is a plus; 3 of the 6 comps lacked one. The smaller lot (0.24 acres versus the area average of 0.27) contributes to the valuation. Current inventory shows 7 comparable homes in CAT MOUNTAIN NORTH; a buyer's market based on recent absorption. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 6905 Ladera Norte, Austin TX 78731 carries an adjusted comparable value of $1,819,862, providing a strong data point. The comp data here (6 sales in CAT MOUNTAIN NORTH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus