5308 BACKTRAIL DR, Austin TX 78731

Off Market

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Ed's Opinion of Value

$1,167,217 Ed's Estimate: $1,555,110 $1,695,951

Lowest Comp Recommended List: $1,508,000 to $1,602,000 Highest Comp

After reviewing 5 recent transactions in 78731, I estimate this property's value at $1,555,110. A competitive list price for this home right now would fall in the $1,508,000 to $1,602,000 range. Buyers shopping in 78731 right now would see this as a well positioned option among 3 comparable homes. Being 297 sqft smaller than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 3 of the 5 comps lacked one. Current inventory shows 3 comparable homes in 78731; a buyer's market based on recent absorption. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 6400 Cedro CV, Austin TX 78731 carries an adjusted comparable value of $1,695,951, providing a strong data point. With 5 comparable sales in 78731, 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

78731 Market Trends

$1,000,000 Median Sold Price ▼ 15.3% 6mo

$412/sqft Median $/SqFt ▼ 2.7% 6mo

76 days Avg Days on Market 26 days slower

103 homes Active Inventory 4.4 mo supply

95.6% Sale-to-List Ratio

140 Sales (6 months)

Recently Sold Comparables

$1,695,951 adjusted 6400 Cedro CV, Austin TX 78731 4bd / 4.0ba • 3,655 sqft • 0.2 mi Sold 11 months ago

$1,671,606 adjusted 7626 Parkview CIR, Austin TX 78731 3bd / 4.0ba • 3,455 sqft • 0.9 mi Sold 7 months ago

$1,691,593 adjusted 6905 Ladera Norte, Austin TX 78731 4bd / 5.0ba • 4,204 sqft • 0.3 mi Sold 1 months ago

$1,167,217 adjusted 6605 Ladera Norte, Austin TX 78731 5bd / 4.0ba • 3,789 sqft • 0.1 mi Sold 7 months ago

$1,553,949 adjusted 5315 Valburn CIR, Austin TX 78731 4bd / 4.0ba • 3,919 sqft • 1 mi Sold 6 months ago

Currently on Market

$1,450,000 4700 Cat Mountain DR, Austin TX 78731 4bd / 4.0ba • 3,314 sqft • 0.7 mi 7 days on market

$1,485,000 4900 Backtrail DR, Austin TX 78731 5bd / 4.0ba • 3,853 sqft • 0.2 mi

$1,675,000 7208 Montana Norte, Austin TX 78731 5bd / 4.0ba • 3,131 sqft • 1.4 mi 5 days on market

4 Beds

5 Baths 3 Full, 2 Half

3,507 Sq Ft

0.366 Acres

1983 Built

2 Garage

About This Property

Rates go up, our price comes down! Reduced $16,000! Enjoy Austin Casual at its best! Relax in this private retreat. Secluded back yard! Spacious Ipe decks overlook sparkling pool & spa, an outdoor living area with long hill views is shaded from late afternoon sun, tall trees provide a buffer & shelter a play house! Rooms & windows are oversized allowing bright natural light, high ceilings enhance the ambiance. Abundant storage, large closets, walk-in pantry, big utility room, awesome garage storage.Restrictions: Yes Sprinkler Sys:Yes

Property Highlights

Pool In Ground, Pool/Spa Combo

Features

Breakfast Bar
High Ceilings
Entrance Foyer
Interior Steps
Multiple Dining Areas
Multiple Living Areas
Pantry
Walk-In Closet(s)
Wet Bar

Location

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Schools

School District Austin ISD

Elementary Doss (Austin ISD)

Middle School Murchison

High School Anderson

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Exterior Steps, Private Yard

County Travis

MLS # 4902195

Parking

Garage 2 spaces

Listing History

MLS# 4902195 33 days

Aug 5, 2013	Off Market
Jun 24, 2013	Pending
Jun 21, 2013	Price Change	$659,000
May 23, 2013	Listed	$699,000

Frequently Asked Questions About 5308 BACKTRAIL DR, Austin TX 78731

When was 5308 BACKTRAIL DR, Austin TX 78731 built?

5308 BACKTRAIL DR, Austin TX 78731 was built in 1983.

How much does 5308 BACKTRAIL DR, Austin TX 78731 cost?

5308 BACKTRAIL DR, Austin TX 78731 sold on August 5, 2013. Contact us for sale price details.

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