Ed's Opinion of Value

$375,000 Ed's Estimate: $413,939 $524,598
Lowest Comp Recommended List: $309,000 to $319,000 Highest Comp
The comparable sales data (7 recent transactions in COMMUNITY FAIRVIEW) supports an estimated value of $413,939. The data suggests a list price between $309,000 and $319,000 would attract qualified buyers without leaving money on the table. This home's position in the current COMMUNITY FAIRVIEW market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 2023 (53 years newer than comps) is factored into the value estimate. Lot size matters here: 0.21 acres versus 0.18 for the typical comp. Buyers in COMMUNITY FAIRVIEW have 7 comparable options right now, with asking prices between $299,999 and $450,000. Prices in COMMUNITY FAIRVIEW have risen 21.7% over the last 6 months. A similar home at 5201 Harvest CIR, Austin TX 78745 carries an adjusted comparable value of $390,348, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
2 Beds
3 Baths 2 Full, 1 Half
1,088 Sq Ft
0.2114 Acres
2023 Built
1 Garage

About This Property

Welcome to 501 Ramble Lane, Unit 2, a stunning new construction luxury home designed by Root Architecture and interior selections by SLIC Design. 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, magnificent layout, and ample storage throughout. The spacious kitchen is perfect for a home chef with a large island with waterfall countertops, KitchenAid appliances, under cabinet microwave, and full-height cabinets. The home features several designer touches including floor-to-ceiling tile, a powder bath with tiled chair rail, large windows and a custom designed handrail. Upstairs, you will find two bedrooms and two bathrooms. One with a walk-in shower and the other with a soaking tub. The large yard is split into two separate areas. One boasts a large covered dining area and plenty of room for pets to run around. The other area has a covered porch for grilling in a very private setting. Both beautifully landscaped with a large metal bed spotlighted with a mini-magnolia tree.

Features

  • 2 Primary Baths
  • Ceiling Fan(s)
  • Quartz Counters
  • Smart Thermostat
  • 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 Balcony, Lighting, Private Yard
County Travis
MLS # 5364605

Parking

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes $6,912 (2022)

Listing History

MLS# 5364605 39 days (36 CDOM)
May 5, 2023 Off Market
Mar 28, 2023 Price Change $700,000
Mar 10, 2023 Listed $750,000

Frequently Asked Questions About 501 Ramble LN # 2, Austin TX 78745

When was 501 Ramble LN # 2, Austin TX 78745 built?

501 Ramble LN # 2, Austin TX 78745 was built in 2023.

How much does 501 Ramble LN # 2, Austin TX 78745 cost?

501 Ramble LN # 2, Austin TX 78745 sold on May 5, 2023. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.