5005 Lansing DR, Austin TX 78745

Off Market

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Ed's Opinion of Value

$409,000 Ed's Estimate: $521,284 $730,000

Lowest Comp Recommended List: $450,000 to $460,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $521,284. For a well positioned listing in PARK FOREST, I'd target the $450,000 to $460,000 range. Against 5 similar active listings in PARK FOREST, this price point lands at the 2nd least expensive of 5 comparable homes on the market. Current inventory shows 5 comparable homes in PARK FOREST; a buyer's market based on recent absorption. Recent trends in PARK FOREST show home values have risen 20.5% since 6 months ago. The most comparable recent sale is 4607 S Forest DR, Austin TX 78745, with an adjusted value of $499,278; with a larger floor plan. 3 comparable transactions in PARK FOREST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

PARK FOREST Market Trends

$735,000 Median Sold Price ▲ 20.5% 6mo

$330/sqft Median $/SqFt ▼ 20.5% 6mo

119 days Avg Days on Market 78 days slower

11 homes Active Inventory 9.4 mo supply

96.4% Sale-to-List Ratio

7 Sales (6 months)

Recently Sold Comparables

$499,278 adjusted 4607 S Forest DR, Austin TX 78745 4bd / 2.0ba • 2,005 sqft • 0.3 mi Sold 11 months ago

$453,769 adjusted 4623 Philco DR, Austin TX 78745 3bd / 1.0ba • 1,538 sqft • 0.3 mi Sold 5 months ago

$593,384 adjusted 5026 Lansing DR, Austin TX 78745 4bd / 3.0ba • 1,671 sqft • 0.1 mi Sold 6 months ago

Currently on Market

$730,000 1808 Forest Hill DR, Austin TX 78745 4bd / 2.0ba • 1,832 sqft • 0.4 mi 62 days on market

$409,000 4711 Philco DR, Austin TX 78745 3bd / 1.0ba • 1,612 sqft • 0.2 mi 13 days on market

$549,900 4516 Pack Saddle PASS, Austin TX 78745 3bd / 2.0ba • 1,697 sqft • 0.6 mi 1 days on market

3 Beds

2 Baths 1 Full, 1 Half

1,787 Sq Ft

0.174 Acres

1963 Built

About This Property

Check out this spectacular updated and re-imagined singular Mid-Century Modern home in the Southwood neighborhood that the owner architect remodeled under a nearly 200 year old majestic live oak. Home blurs the lines between the outside and inside with a massive glass wall where an interior living area meets its exterior counterpart. Developed originally by Danze and Davis Architects, the owners have done their level best to remain true to the aesthetic and context of the neighborhood. The home has a wonderfully full personality that tends to change moods as the day progresses with the interplay of light and shadow. This is a truly spectacular and singular home that should not be missed.

Features

Built-in Features
High Ceilings
Vaulted Ceiling(s)
French Doors
Primary Bedroom on Main
Recessed Lighting

Location

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Schools

School District Austin ISD

Elementary Joslin

Middle School Covington

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Concrete, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Gutters Full

County Travis

MLS # 7673962

Tax Information

Annual Taxes (MLS) $7,362 (2021)

Listing History

MLS# 7673962 34 days (33 CDOM)

Sep 10, 2021	Off Market
Jul 1, 2021	Listed		$895,000

Frequently Asked Questions About 5005 Lansing DR, Austin TX 78745

When was 5005 Lansing DR, Austin TX 78745 built?

5005 Lansing DR, Austin TX 78745 was built in 1963.

How much does 5005 Lansing DR, Austin TX 78745 cost?

5005 Lansing DR, Austin TX 78745 sold on September 10, 2021. Contact us for sale price details.

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