5005 Parell PATH, Austin TX 78744

Off Market

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Ed's Opinion of Value

$242,664 Ed's Estimate: $308,634 $399,000

Lowest Comp Recommended List: $357,000 to $359,000 Highest Comp

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $308,634. I'd recommend coming to market at $357,000 to $359,000 to strike the right balance between value and market velocity. Against 7 similar active listings in SOUTH HIGHLANDS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in SOUTH HIGHLANDS; a buyer's market based on recent absorption. The trend in 78744 shows prices have risen 3.4% in the past 6 months. 4902 Parell PATH, Austin TX 78744 nearby adjusts to $242,664; 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

78744 Market Trends

$403,339 Median Sold Price ▲ 3.4% 6mo

$211/sqft Median $/SqFt ▼ 3.7% 6mo

93 days Avg Days on Market 23 days slower

159 homes Active Inventory 4 mo supply

97.5% Sale-to-List Ratio

240 Sales (6 months)

Recently Sold Comparables

$242,664 adjusted 4902 Parell PATH, Austin TX 78744 3bd / 2.0ba • 1,219 sqft • 0.1 mi Sold 7 days ago

$290,833 adjusted 5004 Galen CT, Austin TX 78744 3bd / 2.0ba • 1,214 sqft • 0.1 mi Sold 10 months ago

$383,924 adjusted 5403 Village LN, Austin TX 78744 3bd / 2.0ba • 1,189 sqft • 0.2 mi Sold 9 months ago

$255,065 adjusted 5704 Creekbranch CV, Austin TX 78744 3bd / 2.0ba • 1,157 sqft • 0.3 mi Sold 5 months ago

$358,520 adjusted 6111 Pino LN, Austin TX 78744 3bd / 2.0ba • 1,317 sqft • 0.6 mi Sold 7 months ago

Currently on Market

$380,000 4616 Franklin Park DR, Austin TX 78744 3bd / 2.0ba • 1,308 sqft • 0.5 mi 19 days on market

$360,000 6000 Wagon BND, Austin TX 78744 3bd / 2.0ba • 1,289 sqft • 1.1 mi 13 days on market

$399,000 2108 Deadwood DR, Austin TX 78744 3bd / 2.0ba • 1,395 sqft • 0.9 mi 1 days on market

3 Beds

2 Baths 2 Full

1,257 Sq Ft

0.152 Acres

1977 Built

2 Garage

About This Property

Beautifully updated South East Austin home with an open floor plan and high ceilings. The home was fully remodeled in 2019 with new roof and modern finishes. New garage doors and deck added in 2021. Located just 12 minutes from the airport and 19 minutes from the new Tesla Giga factory. Also just minutes from the new Pinthouse, Meanwhile Brewery, Independence Brewery, Fierce Whiskers Distillery, McKinney Falls State Park and Onion Creek Park.

Features

Ceiling Fan(s)
Quartz Counters
High Speed Internet
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting

Location

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Schools

School District Austin ISD

Elementary Widen

Middle School Mendez

High School Akins

Property Details

Property Type Residential

Flooring Tile, Vinyl

Cooling Central Air

Heating Central

Exterior Gutters Partial, See Remarks

County Travis

MLS # 2608089

Parking

Garage 2 spaces

Tax Information

Annual Taxes $4,447 (2021)

Listing History

MLS# 2608089 5 days

Mar 30, 2022	Off Market
Feb 2, 2022	Listed		$465,000

MLS# 6484991 23 days

Nov 19, 2019	Off Market
Oct 4, 2019	Listed		$279,900

MLS# 403946 76 days

Feb 4, 1997	Off Market
Feb 4, 1997	Pending
Nov 20, 1996	Listed	$699

Frequently Asked Questions About 5005 Parell PATH, Austin TX 78744

When was 5005 Parell PATH, Austin TX 78744 built?

5005 Parell PATH, Austin TX 78744 was built in 1977.

How much does 5005 Parell PATH, Austin TX 78744 cost?

5005 Parell PATH, Austin TX 78744 sold on March 30, 2022. Contact us for sale price details.

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