502 Arbor LN, Austin TX 78745

Off Market

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Ed's Opinion of Value

$237,575 Ed's Estimate: $292,596 $450,000

Lowest Comp Recommended List: $389,000 to $425,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $292,596. I'd recommend coming to market at $389,000 to $425,000 to strike the right balance between value and market velocity. In the current COMMUNITY FAIRVIEW market with 6 similar homes available, this price represents the most affordable of 6 comparable homes on the market. Built in 1964, this home is 6 years older than the average comp, which is reflected in the adjustments. With 6 similar homes currently listed in COMMUNITY FAIRVIEW (a buyer's market), competition is a factor to consider. The trend in COMMUNITY FAIRVIEW shows prices have risen 9.9% in the past 6 months. 5907 GLENHOLLOW PATH, Austin TX 78745 nearby adjusts to $323,503; a strong comparable. Based on 7 relevant data points in COMMUNITY FAIRVIEW, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

COMMUNITY FAIRVIEW Market Trends

$442,500 Median Sold Price ▲ 9.9% 6mo

$338/sqft Median $/SqFt ▲ 4.3% 6mo

152 days Avg Days on Market 129 days slower

5 homes Active Inventory 7.5 mo supply

91.6% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$323,503 adjusted 5907 GLENHOLLOW PATH, Austin TX 78745 3bd / 2.0ba • 1,333 sqft • 0.5 mi Sold 3 months ago

$266,901 adjusted 6410 Middleham PL, Austin TX 78745 3bd / 2.0ba • 1,370 sqft • 0.9 mi Sold 5 months ago

$322,647 adjusted 715 King Edward PL, Austin TX 78745 3bd / 2.0ba • 1,370 sqft • 1 mi Sold 11 months ago

$273,049 adjusted 1013 Austin Highlands BLVD, Austin TX 78745 3bd / 2.0ba • 1,285 sqft • 1 mi Sold 1 months ago

$237,575 adjusted 6502 Middleham PL, Austin TX 78745 3bd / 1.0ba • 1,113 sqft • 0.9 mi Sold 1 months ago

Currently on Market

$409,000 403 Gate Tree LN, Austin TX 78745 3bd / 1.0ba • 1,402 sqft • 0.1 mi 172 days on market

$450,000 504 Heartwood DR, Austin TX 78745 3bd / 2.0ba • 1,358 sqft • 0.4 mi 18 days on market

$429,000 5304 Harvest LN, Austin TX 78745 3bd / 2.0ba • 1,212 sqft • 0.1 mi 15 days on market

3 Beds

1 Baths 1 Full

1,328 Sq Ft

0.15 Acres

1964 Built

About This Property

Beautifully maintained South Austin home! Ready for your own personal touches. Home has been lovingly kept in pristine condition. Layout could easily be opened up for a more modern floor plan. Xeriscaped yard with citrus and fruit trees with plenty more room for gardens. Large Storage Shed as well as all Appliances convey. Great stone work out front gives this home it's wonderful mid-century modern feel. Garage has been converted into an efficiency with its own entrance, a kitchenette and private bath (all approved by COA). Electrical service was replaced in the last 4 years, New insulation installed in 2014 as part of the COA Energy Star program. Centrally located, easy access to 35, S First, Downtown and more! This home is incredibly clean and ready to go!

Features

None

Location

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Schools

School District Austin ISD

Elementary Odom

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Laminate, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5742249

Tax Information

Annual Taxes $2,444 (2020)

Listing History

MLS# 5742249 10 days

Dec 21, 2020	Off Market
Dec 5, 2020	Pending
Nov 25, 2020	Listed	$395,500

Frequently Asked Questions About 502 Arbor LN, Austin TX 78745

When was 502 Arbor LN, Austin TX 78745 built?

502 Arbor LN, Austin TX 78745 was built in 1964.

How much does 502 Arbor LN, Austin TX 78745 cost?

502 Arbor LN, Austin TX 78745 sold on December 21, 2020. Contact us for sale price details.

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