Ed's Opinion of Value

$785,960 Ed's Estimate: $913,535 $1,299,000
Lowest Comp Recommended List: $981,000 to $1,100,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $913,535. Pricing this home between $981,000 and $1,100,000 would put it in the competitive sweet spot for MOUNT BONNELL SHORES. This home's position in the current MOUNT BONNELL SHORES market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 3 similar properties are competing for buyers in MOUNT BONNELL SHORES, listed between $839,000 and $1,299,000. Market data shows MOUNT BONNELL SHORES prices risen 39.9% over the last half year. The closest comparable sale, 4600 Eby LN, Austin TX 78731 at an adjusted $824,453, is with a larger floor plan. With 7 comparable sales in MOUNT BONNELL SHORES, 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
3 Beds
3 Baths 2 Full, 1 Half
2,434 Sq Ft
0.187 Acres
1984 Built
2 Garage

About This Property

Recently updated 3 bedroom home in Mount Bonnell Shores, a Lake Austin waterfront community minutes from UT and downtown. Open floor plan with master down, separate office, imported Italian tile floors, and windows galore. Covered screened porch overlooking private back yard enclosed by attractive brick and stone wall. HOA members have access to private waterfront park with swimming and boating dock, children's playground, picnic areas, and hiking trail through greenbelt overlooking Lake Austin.Restrictions: Yes Sprinkler Sys:Yes

Features

  • Bookcases
  • Coffered Ceiling(s)
  • High Ceilings
  • Crown Molding
  • Interior Steps
  • Multiple Dining Areas
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Wired for Sound

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central, Natural Gas
Exterior Dock, Gutters Partial, Private Yard
County Travis
MLS # 3005439
Garage 2 spaces

HOA & Community

HOA Fee $165 /Annually
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $8,485 (2017)

Listing History

MLS# 3005439 44 days
Sep 22, 2017 Off Market
Aug 16, 2017 Pending
Aug 10, 2017 Price Change $769,900
Jul 3, 2017 Listed $784,900

Frequently Asked Questions About 5401 Odessa LN, Austin TX 78731

When was 5401 Odessa LN, Austin TX 78731 built?

5401 Odessa LN, Austin TX 78731 was built in 1984.

How much does 5401 Odessa LN, Austin TX 78731 cost?

5401 Odessa LN, Austin TX 78731 sold on September 22, 2017. Contact us for sale price details.

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