5200 Palermo DR, Austin TX 78738

Austin, TX 78738 | Terra Colinas | Built by M/I Homes

Off Market

Exterior view of 5200 Palermo DR, Austin TX 78738

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Ed's Opinion of Value

$657,316 Ed's Estimate: $721,680 $759,500

Lowest Comp Recommended List: $749,000 to $787,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $721,680. To generate strong buyer interest while maximizing value, I'd price this between $749,000 and $787,000. In the current TERRA COLINAS market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in TERRA COLINAS; a buyer's market based on recent absorption. The trend in TERRA COLINAS shows prices have fallen 8.2% in the past 6 months. 15204 Cabrillo WAY, Bee Cave TX 78738 nearby adjusts to $724,668; a strong comparable. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

TERRA COLINAS Market Trends

$660,000 Median Sold Price ▼ 8.2% 6mo

$234/sqft Median $/SqFt ▲ 0.4% 6mo

29 days Avg Days on Market 29 days faster

2 homes Active Inventory 4 mo supply

97.3% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$724,668 adjusted 15204 Cabrillo WAY, Bee Cave TX 78738 4bd / 4.0ba • 2,920 sqft • 0.1 mi Sold 10 months ago

$736,359 adjusted 5524 La Canada WAY, Bee Cave TX 78738 4bd / 4.0ba • 2,927 sqft • 0.4 mi Sold 1 months ago

$749,073 adjusted 14904 Via Del Corso DR, Bee Cave TX 78738 4bd / 3.0ba • 3,049 sqft • 0.2 mi Sold 6 months ago

$681,858 adjusted 15604 Cabrillo WAY, Austin TX 78738 4bd / 4.0ba • 3,064 sqft • 0.4 mi Sold 2 months ago

$657,316 adjusted 15804 Cinca Terra DR, Austin TX 78738 4bd / 4.0ba • 2,812 sqft • 0.4 mi Sold 1 months ago

Currently on Market

$679,000 5216 Palermo DR, Austin TX 78738 3bd / 3.0ba • 2,872 sqft • 0.1 mi 4 days on market

$699,000 4725 Mont Blanc DR, Bee Cave TX 78738 4bd / 4.0ba • 2,982 sqft • 0.6 mi 27 days on market

$759,500 5013 Patagonia PASS, Austin TX 78738 4bd / 4.0ba • 3,126 sqft • 0.6 mi 3 days on market

4 Beds

4 Baths 3 Full, 1 Half

2,920 Sq Ft

0.2176 Acres

2018 Built

3 Garage

About This Property

Spacious 1 story, 4 bed, 3.5 bath home includes lots of great features. Included in these features are gorgeous tile floors throughout the main living areas, stainless steel appliances, upgraded gray kitchen cabinets, upgraded granite counter tops, pendant lighting, pots and pans drawers in the kitchen, crown molding and a cast stone fireplace surround in the family room. Outside you will find gutters, full sod, sprinkler system, stone/stucco/brick exteriors, and a breezy covered patio. Ready in August!FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
Beamed Ceilings
High Ceilings
Crown Molding
Entrance Foyer
French Doors
In-Law Floorplan
Multiple Dining Areas
Multiple Living Areas
No Interior Steps
Pantry
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)
Wired for Sound

Location

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Schools

School District Lake Travis ISD

Elementary Bee Cave

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central, Natural Gas

Exterior Gutters Partial, Pest Tubes in Walls

County Travis

MLS # 7737955

Parking

Garage 3 spaces

HOA & Community

HOA Fee $725 /Annually

HOA Includes Common Area Maintenance

Listing History

MLS# 7737955 81 days

Aug 24, 2018	Off Market
Aug 6, 2018	Pending
Aug 2, 2018	Price Change	$489,990
May 17, 2018	Listed	$505,595

Frequently Asked Questions About 5200 Palermo DR, Austin TX 78738

When was 5200 Palermo DR, Austin TX 78738 built?

5200 Palermo DR, Austin TX 78738 was built in 2018.

How much does 5200 Palermo DR, Austin TX 78738 cost?

5200 Palermo DR, Austin TX 78738 sold on August 24, 2018. Contact us for sale price details.

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