5111 Crestway DR, Austin TX 78731

Austin, TX 78731 | Highland Park West | Built by Grey Raven

Ed's Opinion of Value

$1,946,151 Ed's Estimate: $2,528,609 $3,874,720
Lowest Comp Recommended List: $2,194,000 to $2,204,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $2,528,609. Pricing this home between $2,194,000 and $2,204,000 would put it in the competitive sweet spot for HIGHLAND PARK WEST. This pricing would rank the home as the most expensive of 4 comparable homes on the market in HIGHLAND PARK WEST's current inventory. The smaller floor plan (213 sqft compared to the average comp) is a meaningful differentiator in this price range. At 23 years newer than typical comps, the 2016 build date influences the valuation. Right now, 4 similar properties are competing for buyers in HIGHLAND PARK WEST, listed between $2,200,000 and $2,299,000. Market data shows HIGHLAND PARK WEST prices fallen 39.3% over the last half year. The closest comparable sale, 5218 Valley Oak DR, Austin TX 78731 at an adjusted $2,049,965, is with a pool. With 7 comparable sales in HIGHLAND PARK WEST, 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
4 Beds
5 Baths 4 Full, 1 Half
3,450 Sq Ft
0.198 Acres
2016 Built

About This Property

HUGE PRICE DROP! Amazing Opportunity to own this iconic, modern residence in the heart of Highland Park West. Downtown views and large beautiful spaces, with clean, sleek lines. Open floor plan is an entertainers dream with luxury appliances, extensive custom cabinetry, and high ceilings, bathed in natural light. Energy efficient construction, w/glass and steel accents throughout. Local eateries, shopping, excellent schools, and Perry Park are outside door! Large corner lot offers room for amazing pool!

Features

  • 2 Primary Suites
  • Breakfast Bar
  • Vaulted Ceiling(s)
  • In-Law Floorplan
  • Interior Steps
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wet Bar

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central
Exterior Private Yard
County Travis
MLS # 8839254

Tax Information

Annual Taxes (MLS) $24,969 (2018)

Listing History

MLS# 8839254 70 days
May 2, 2019 Price Change $1,365,000
Dec 13, 2017 Off Market
Aug 19, 2017 Listed $1,420,000

Frequently Asked Questions About 5111 Crestway DR, Austin TX 78731

When was 5111 Crestway DR, Austin TX 78731 built?

5111 Crestway DR, Austin TX 78731 was built in 2016.

How much does 5111 Crestway DR, Austin TX 78731 cost?

5111 Crestway DR, Austin TX 78731 sold on December 13, 2017. Contact us for sale price details.

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