5016 Lansing DR, Austin TX 78745

Off Market

Exterior Front : Brick veneer, nice landscaping make this a great place to call home!

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Ed's Opinion of Value

$300,000 Ed's Estimate: $445,081 $487,528

Lowest Comp Recommended List: $311,000 to $321,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $445,081. To generate strong buyer interest while maximizing value, I'd price this between $311,000 and $321,000. Among the similar homes currently available in PARK FOREST, this price point stands out as competitive. At 0.23 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. 3 similar homes are currently available in PARK FOREST, creating a buyer's market for this price range. The trend in PARK FOREST shows prices have risen 14% in the past 6 months. 5002 Majestic DR, Austin TX 78745 nearby adjusts to $468,013; a strong comparable. 5 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

$610,000 Median Sold Price ▲ 14% 6mo

$365/sqft Median $/SqFt ▼ 16.5% 6mo

66 days Avg Days on Market 13 days slower

13 homes Active Inventory 8.7 mo supply

96.6% Sale-to-List Ratio

9 Sales (6 months)

Recently Sold Comparables

$468,013 adjusted 5002 Majestic DR, Austin TX 78745 3bd / 1.0ba • 1,294 sqft • 0.1 mi Sold 8 months ago

$424,921 adjusted 4704 Philco DR, Austin TX 78745 3bd / 1.0ba • 1,170 sqft • 0.3 mi Sold 5 months ago

$478,987 adjusted 5008 Glencoe CIR, Austin TX 78745 3bd / 1.0ba • 1,120 sqft • 0.1 mi Sold 5 months ago

$369,424 adjusted 4800 Lansing DR, Austin TX 78745 3bd / 2.0ba • 1,174 sqft • 0.3 mi Sold 7 months ago

$487,528 adjusted 1803 Forestglade Drive, Austin TX 78745 3bd / 2.0ba • 1,096 sqft • 0.3 mi Sold 9 months ago

Currently on Market

$475,000 1812 Forestglade DR, Austin TX 78745 3bd / 1.0ba • 1,252 sqft • 0.4 mi 39 days on market

$485,000 4413 Russell DR, Austin TX 78745 3bd / 2.0ba • 1,261 sqft • 0.6 mi 85 days on market

$300,000 5003 Richmond Ave, Austin TX 78745 3bd / 2.0ba • 1,184 sqft • 0.3 mi 58 days on market

3 Beds

1 Baths 1 Full

1,266 Sq Ft

0.227 Acres

1961 Built

About This Property

Light and Bright, this 3/1 is located near Central Austin in a great neighborhood. Some remodeling has been done. Exterior painted and trimmed in 12/07. Large .23 acre fenced yard backs up to a greenbelt. Sellers are packed and motivated and will have house professionally cleaned before closing. Great buy in a great location! Take a look at the new pictures! Restrictions: Yes

Features

Multiple Living Areas
Primary Bedroom on Main

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, Laminate, Tile

Cooling Central Air

Heating Central

Exterior No Exterior Steps

County Travis

MLS # 7587074

Tax Information

Annual Taxes $3,070 (2008)

Listing History

MLS# 7587074 161 days

Mar 27, 2009	Off Market
Mar 6, 2009	Pending
Dec 23, 2008	Price Change	$174,900
Sep 26, 2008	Listed	$206,500

Frequently Asked Questions About 5016 Lansing DR, Austin TX 78745

When was 5016 Lansing DR, Austin TX 78745 built?

5016 Lansing DR, Austin TX 78745 was built in 1961.

How much does 5016 Lansing DR, Austin TX 78745 cost?

5016 Lansing DR, Austin TX 78745 sold on March 27, 2009. Contact us for sale price details.

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