Ed's Opinion of Value

$389,500 Ed's Estimate: $671,033 $962,255
Lowest Comp Recommended List: $418,000 to $428,000 Highest Comp
The estimated value of this property is $671,033, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $418,000 and $428,000. Among the similar homes currently available in COMMUNITY FAIRVIEW, this price point stands out as competitive. The larger floor plan (211 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2023, this home is 6 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in COMMUNITY FAIRVIEW, ranging from $389,500 to $899,000. Recent trends in COMMUNITY FAIRVIEW show home values have risen 21.7% since 6 months ago. The most comparable recent sale is 6006 Rubicon RUN, Austin TX 78745, with an adjusted value of $599,620; with a smaller floor plan. With 5 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
3 Beds
3 Baths 2 Full, 1 Half
2,182 Sq Ft
0.2114 Acres
2023 Built
2 Garage

About This Property

Welcome to 501 Ramble Lane, a stunning new construction luxury home designed by Root Architecture and interior selections by SLIC Design. This 3-bedroom, 2.5 bathroom home features a first floor office and 2-car garage. Conveniently located in South Austin, only 10 minutes from downtown and a 10-minute bike ride to St Elmo District. The thoughtfully designed floor plan boasts an abundance of natural light, spacious rooms, high ceilings, and ample storage throughout.

The spacious kitchen is a chef's dream with full-height cabinets, a KitchenAid built-in refrigerator, a 36” range, under cabinet microwave, and a walk-in pantry. The dining area also features a dry bar with a wine fridge. Two 12-foot sliding doors open to the backyard, seamlessly blending indoor and outdoor living. The large back deck is perfect for outdoor dining and lounging.

The home features several designer touches, including floor-to-ceiling built-in cabinets near the 2-car garage entry, a powder bath with tiled chair rail, backlit mirror, and a large window. The first-floor office overlooks the front yard and is perfect for those working from home or those wanting a playroom.

Upstairs, you will find two secondary bedrooms sharing a spacious bathroom with dual vanities and a large laundry room with loads of storage. The owner’s suite is located on the second level along the backside of the house, boasting an incredible walk-in closet with built-in dressers and a spa-like bathroom with beautiful floor-to-ceiling tile, a walk-in shower, dual sink vanity, quartz countertop, and a large transom window.

Features

  • Ceiling Fan(s)
  • Quartz Counters
  • Double Vanity
  • High Speed Internet
  • Kitchen Island
  • Pantry
  • Recessed Lighting
  • Smart Thermostat
  • Walk-In Closet(s)
  • Wired for Data

Location

Schools

School District Austin ISD
Elementary Odom
Middle School Bedichek
High School Crockett

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air, Zoned
Heating Central, Zoned
Exterior Gutters Full
County Travis
MLS # 1675266

Parking

Garage 2 spaces

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes $6,912 (2022)

Listing History

MLS# 1675266 41 days (38 CDOM)
May 5, 2023 Off Market
Mar 24, 2023 Price Change $1,200,000
Mar 10, 2023 Listed $1,250,000

Frequently Asked Questions About 501 Ramble LN # 1, Austin TX 78745

When was 501 Ramble LN # 1, Austin TX 78745 built?

501 Ramble LN # 1, Austin TX 78745 was built in 2023.

How much does 501 Ramble LN # 1, Austin TX 78745 cost?

501 Ramble LN # 1, Austin TX 78745 sold on May 5, 2023. Contact us for sale price details.

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