5407 Downs DR, Austin TX 78721

Off Market

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Ed's Opinion of Value

$289,900 Ed's Estimate: $403,165 $488,180

Lowest Comp Recommended List: $320,000 to $330,000 Highest Comp

The market data from 7 similar recent sales in TRUMAN HEIGHTS points to a value of approximately $403,165. To sell within a reasonable timeframe at fair market value, the $320,000 to $330,000 range is where I'd position this. Against 4 similar active listings in TRUMAN HEIGHTS, this price point lands at the 2nd least expensive of 4 comparable homes on the market. Right now, 4 similar properties are competing for buyers in TRUMAN HEIGHTS, listed between $289,900 and $493,000. In TRUMAN HEIGHTS, home values have fallen approximately 52.9% over the past 6 months. One of the strongest data points is 1724 Hillcrest LN, Austin TX 78721, adjusting to $370,843; with a larger floor plan. 7 comparable transactions in TRUMAN HEIGHTS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

TRUMAN HEIGHTS Market Trends

$400,000 Median Sold Price ▼ 52.9% 6mo

$230/sqft Median $/SqFt ▼ 36.1% 6mo

18 days Avg Days on Market 10 days faster

3 homes Active Inventory 6 mo supply

86.4% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$370,843 adjusted 1724 Hillcrest LN, Austin TX 78721 4bd / 2.0ba • 1,360 sqft • 0.2 mi Sold 1 months ago

$375,965 adjusted 1105 Brookswood Ave, Austin TX 78721 3bd / 2.0ba • 1,220 sqft • 1.2 mi Sold 8 months ago

$307,080 adjusted 5103 Stone Gate DR, Austin TX 78721 3bd / 2.0ba • 1,246 sqft • 0.4 mi Sold 2 months ago

$488,180 adjusted 1302 Astor PL, Austin TX 78721 3bd / 2.0ba • 1,175 sqft • 0.6 mi Sold 9 months ago

$428,522 adjusted 4704 Oak Cliff DR, Austin TX 78721 4bd / 2.0ba • 1,293 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$399,000 1005 Arthur Stiles RD, Austin TX 78721 3bd / 1.0ba • 1,170 sqft • 1.5 mi 13 days on market

$414,900 5500 Stuart CIR, Austin TX 78721 4bd / 2.0ba • 1,281 sqft • 1.3 mi 14 days on market

$289,900 1021 Gardner RD, Austin TX 78721 3bd / 1.0ba • 1,170 sqft • 1.5 mi 280 days on market

3 Beds

2 Baths 1 Full, 1 Half

1,238 Sq Ft

0.171 Acres

1971 Built

1 Garage

About This Property

Great Location and Neighborhood! Good transportation near by for the Metro. Short drive to downtown Austin, Huston-Tillotson University and University of Texas. Nice open space with Den and Kitchen/Dining area. It has a covered/air condition patio at the entrance of the house (you can image it's use). Large backyard with two storage buildings.Restrictions: Yes

Features

Breakfast Bar
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Norman

Middle School Garcia

High School Lyndon B Johnson (Austin ISD)

Property Details

Property Type Residential

Flooring Carpet, Laminate, Tile, Vinyl

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 2050255

Parking

Garage 1 spaces

Tax Information

Annual Taxes $4,484 (2015)

Listing History

MLS# 2050255 16 days

Jun 6, 2016	Off Market
Feb 25, 2016	Pending
Feb 9, 2016	Listed	$250,000

Frequently Asked Questions About 5407 Downs DR, Austin TX 78721

When was 5407 Downs DR, Austin TX 78721 built?

5407 Downs DR, Austin TX 78721 was built in 1971.

How much does 5407 Downs DR, Austin TX 78721 cost?

5407 Downs DR, Austin TX 78721 sold on June 6, 2016. Contact us for sale price details.

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