508 Meadow Lea DR, Austin TX 78745

Off Market

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Ed's Opinion of Value

$327,568 Ed's Estimate: $484,276 $602,416

Lowest Comp Recommended List: $303,000 to $313,000 Highest Comp

After reviewing 7 recent transactions in BEACONRIDGE -A, I estimate this property's value at $484,276. A competitive list price for this home right now would fall in the $303,000 to $313,000 range. This would position the home competitively among 6 active listings in BEACONRIDGE -A. At 106 sqft larger than the typical comp, the size difference factors into the valuation. The active market in BEACONRIDGE -A includes 6 comparable homes priced from $325,000 to $460,000. Prices in 78745 have risen 1.1% over the last 6 months. A similar home at 7113 Bill Hughes RD, Austin TX 78745 carries an adjusted comparable value of $437,007, providing a strong data point. With 7 comparable sales in BEACONRIDGE -A, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78745 Market Trends

$475,000 Median Sold Price ▲ 1.1% 6mo

$313/sqft Median $/SqFt ▼ 1.3% 6mo

65 days Avg Days on Market 8 days slower

270 homes Active Inventory 5.2 mo supply

96.7% Sale-to-List Ratio

314 Sales (6 months)

Recently Sold Comparables

$437,007 adjusted 7113 Bill Hughes RD, Austin TX 78745 3bd / 2.0ba • 1,558 sqft • 0.1 mi Sold 1 months ago

$426,838 adjusted 8201 Belclaire LN, Austin TX 78748 3bd / 2.0ba • 1,476 sqft • 0.7 mi Sold 3 months ago

$582,365 adjusted 7010 Meadow RUN, Austin TX 78745 3bd / 2.0ba • 1,500 sqft • 0.8 mi Sold 4 months ago

$327,568 adjusted 7110 Shadywood DR, Austin TX 78745 3bd / 2.0ba • 1,402 sqft • 0.1 mi Sold 1 months ago

$602,416 adjusted 405 Tawny DR, Austin TX 78745 3bd / 2.0ba • 1,414 sqft • 0.1 mi Sold 3 days ago

Currently on Market

$385,000 704 Buckingham PL, Austin TX 78745 3bd / 2.0ba • 1,552 sqft • 0.4 mi 74 days on market

$379,000 7303 Loganberry DR, Austin TX 78745 3bd / 2.0ba • 1,439 sqft • 0.3 mi 18 days on market

$454,000 509 Blackberry DR, Austin TX 78745 3bd / 2.0ba • 1,459 sqft • 0.3 mi 102 days on market

3 Beds

2 Baths 2 Full

1,567 Sq Ft

0.156 Acres

1978 Built

2 Garage

About This Property

Amazing price in highly sought-after S Austin location. Master down, incredible landscaping, in-ground sprinkler system, 10'x12' workshop complete with electric, overhead storage & gutters. Wtr htr new 2015, AC/furnace new 2012. Other features incl garage upgrades for the hobbyists, ext storm doors, detachable storm windows, ornamental iron bars on first floor windows, professionally maintained trees & landscaping, whole house attic fan, upgraded gutters, floored attic space & more.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

Beamed Ceilings
High Ceilings
Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Williams

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Tile, Vinyl

Cooling Central Air

Heating Central, Natural Gas

Exterior Gutters Full, Private Yard

County Travis

MLS # 5343807

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $1,436 (2016)

Listing History

MLS# 5343807

Jul 1, 2016	Off Market
May 29, 2016	Pending
May 29, 2016	Listed	$240,000

Frequently Asked Questions About 508 Meadow Lea DR, Austin TX 78745

When was 508 Meadow Lea DR, Austin TX 78745 built?

508 Meadow Lea DR, Austin TX 78745 was built in 1978.

How much does 508 Meadow Lea DR, Austin TX 78745 cost?

508 Meadow Lea DR, Austin TX 78745 sold on July 1, 2016. Contact us for sale price details.

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