505 Thelma DR # B, Austin TX 78745

Austin, TX 78745 | Buckingham Estates | Built by Delta Homes, LLC

Off Market

Exterior view of 505 Thelma DR # B, Austin TX 78745

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Ed's Opinion of Value

$214,900 Ed's Estimate: $369,560 $411,858

Lowest Comp Recommended List: $215,000 to $225,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $369,560. I'd recommend coming to market at $215,000 to $225,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BUCKINGHAM ESTATES, this price point stands out as competitive. Built in 2023, this home is 43 years newer than the average comp, which is reflected in the adjustments. The 0.25 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in BUCKINGHAM ESTATES, listed between $214,900 and $399,000. The trend in BUCKINGHAM ESTATES shows prices have fallen 8.2% in the past 6 months. 720 Great Britain BLVD, Austin TX 78748 nearby adjusts to $411,858; a strong comparable. Based on 7 relevant data points in BUCKINGHAM ESTATES, 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

BUCKINGHAM ESTATES Market Trends

$325,000 Median Sold Price ▼ 8.2% 6mo

$301/sqft Median $/SqFt ▲ 7.5% 6mo

73 days Avg Days on Market 40 days slower

6 homes Active Inventory 4.5 mo supply

101.8% Sale-to-List Ratio

8 Sales (6 months)

Recently Sold Comparables

$411,858 adjusted 720 Great Britain BLVD, Austin TX 78748 3bd / 2.0ba • 1,138 sqft • 1.1 mi Sold 19 days ago

$375,446 adjusted 8754 Birmingham DR, Austin TX 78748 2bd / 2.0ba • 992 sqft • 1.4 mi Sold 10 days ago

$378,675 adjusted 7003 Castlekeep Way, Austin TX 78745 3bd / 2.0ba • 1,092 sqft • 0.1 mi Sold 5 months ago

$383,286 adjusted 8614 Croydon LOOP, Austin TX 78748 3bd / 2.0ba • 1,072 sqft • 1.4 mi Sold 12 months ago

$351,370 adjusted 614 Great Britain BLVD, Austin TX 78748 3bd / 2.0ba • 1,102 sqft • 1.1 mi Sold 5 months ago

Currently on Market

$365,000 7106 Moat CV, Austin TX 78745 3bd / 2.0ba • 1,096 sqft • 0.2 mi 39 days on market

$399,000 5413 Blue Bird LN # 2, Austin TX 78745 2bd / 3.0ba • 1,032 sqft • 1.2 mi 94 days on market

$214,900 512 Eberhart LN # 203, Austin TX 78745 2bd / 2.0ba • 1,077 sqft • 0.5 mi 49 days on market

2 Beds

2 Baths 2 Full

1,100 Sq Ft

0.2514 Acres

2023 Built

About This Property

New and modern in the heart of South Austin! Thelma is being transformed with new construction; 505A & B are the first of 8 planned new builds on the street (503, next door, is under construction). Great single story layout, rare for a "B" unit. Large & private tree covered back yard is your own private oasis. 2 large bedrooms, 2 bathrooms, and a large & open living / dining / kitchen space are ready for you to make your own!

Features

Ceiling Fan(s)
High Ceilings
Quartz Counters
Eat-in Kitchen
Kitchen Island
Low Flow Plumbing Fixtures
No Interior Steps
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Stackable W/D Connections

Location

Map loading...

Schools

School District Austin ISD

Elementary Pleasant Hill

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Vinyl

Cooling Central Air

Heating Central

Exterior Electric Car Plug-in, Private Yard

County Travis

MLS # 8720252

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $5,703 (2023)

Listing History

MLS# 8720252 9 days

Sep 29, 2023	Off Market
Aug 31, 2023	Listed		$499,000

Frequently Asked Questions About 505 Thelma DR # B, Austin TX 78745

When was 505 Thelma DR # B, Austin TX 78745 built?

505 Thelma DR # B, Austin TX 78745 was built in 2023.

How much does 505 Thelma DR # B, Austin TX 78745 cost?

505 Thelma DR # B, Austin TX 78745 sold on September 29, 2023. Contact us for sale price details.

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