5305 Ledesma RD # 1, Austin TX 78721

The market data from 6 similar recent sales in 78721 points to a value of approximately $766,145. To sell within a reasonable timeframe at fair market value, the $552,000 to $562,000 range is where I'd position this. In the current 78721 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Being 130 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2025 construction puts this home 6 years newer than the comp average, a factor in the pricing. Right now, 7 similar properties are competing for buyers in 78721, listed between $520,000 and $1,165,000. In 78721, home values have fallen approximately 12.6% over the past 6 months. One of the strongest data points is 1120 Denfield ST # 1, Austin TX 78721, adjusting to $811,372; 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