5216 Spanish Oaks Club BLVD, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $3,761,752. I'd recommend coming to market at $2,445,000 to $2,455,000 to strike the right balance between value and market velocity. With 5 comparable homes on the market in SPANISH OAKS, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (654 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.01 acre lot (larger than the 0.97 acre average) is reflected in the estimate. The active market in SPANISH OAKS includes 5 comparable homes priced from $2,325,000 to $9,800,000. The trend in SPANISH OAKS shows prices have risen 15.3% in the past 6 months. 12308 Emory Oak LN, Austin TX 78738 nearby adjusts to $4,666,275; with a smaller floor plan and a pool. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group