5500 Cherokee Draw RD, Austin TX 78738

Austin, TX 78738 | Sweetwater | Built by David Weekley Homes

Off Market

Exterior view of 5500 Cherokee Draw RD, Austin TX 78738

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Ed's Opinion of Value

$638,502 Ed's Estimate: $722,885 $785,000

Lowest Comp Recommended List: $752,000 to $755,000 Highest Comp

The estimated value of this property is $722,885, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $752,000 and $755,000. In the current SWEETWATER market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. At 233 sqft larger than the typical comp, the size difference factors into the valuation. With 6 similar homes currently listed in SWEETWATER (a balanced market), competition is a factor to consider. Recent trends in SWEETWATER show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 18705 Alonso Place, Austin TX 78738, with an adjusted value of $760,796; a strong comparable. Based on 7 relevant data points in SWEETWATER, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

SWEETWATER Market Trends

$690,000 Median Sold Price ▲ 1.7% 6mo

$251/sqft Median $/SqFt ▼ 2.7% 6mo

42 days Avg Days on Market 37 days faster

33 homes Active Inventory 3.5 mo supply

97.3% Sale-to-List Ratio

57 Sales (6 months)

Recently Sold Comparables

$760,796 adjusted 18705 Alonso Place, Austin TX 78738 4bd / 4.0ba • 3,304 sqft • 0.4 mi Sold 29 days ago

$711,976 adjusted 18117 Painted Horse CV, Austin TX 78738 4bd / 3.0ba • 3,569 sqft • 0.1 mi Sold 10 days ago

$777,080 adjusted 5700 Cherokee Draw RD, Austin TX 78738 4bd / 3.0ba • 3,152 sqft • 0.2 mi Sold 11 months ago

$638,502 adjusted 18617 Rio Chama LN, Austin TX 78738 4bd / 4.0ba • 3,245 sqft • 0.3 mi Sold 10 months ago

$713,838 adjusted 6105 Gunnison Turn RD, Austin TX 78738 4bd / 3.0ba • 2,857 sqft • 0.4 mi Sold 4 months ago

Currently on Market

$739,000 18628 Amberg PL, Austin TX 78738 4bd / 4.0ba • 3,328 sqft • 0.4 mi 17 days on market

$785,000 5612 Cherokee Draw RD, Austin TX 78738 4bd / 3.0ba • 3,551 sqft • 0.1 mi 73 days on market

$675,000 5521 Brady Bayou CV, Austin TX 78738 4bd / 4.0ba • 2,969 sqft • 0.2 mi 70 days on market

4 Beds

3 Baths 3 Full

3,332 Sq Ft

0.179 Acres

2013 Built

2 Garage

About This Property

This immaculate soft contemporary style home has all of the most desired trends for today?s discerning buyer. Open and expansive kitchen open to great room and dining overlooking covered outdoor living area backing to preserve. White shaker style cabinets with granite tops, large informal dining island with seating for four, built -in workstation, stainless built-in appliances, and built-in formal dining buffet. Master & guest suite with private bath first floor. Two beds, game room, & media room upstairsGuest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Features

Built-in Features
Coffered Ceiling(s)
High Ceilings
Entrance Foyer
In-Law Floorplan
Interior Steps
Multiple Living Areas
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Lake Travis ISD

Elementary West Cypress Hills

Middle School Lake Travis

High School Lake Travis

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Private Yard

County Travis

MLS # 9423122

Garage 2 spaces

HOA & Community

HOA Fee $600 /Annually

HOA Includes Common Area Maintenance, Insurance, Landscaping

Tax Information

Annual Taxes (MLS) $11,080 (2015)

Listing History

MLS# 9423122 34 days (56 CDOM)

May 17, 2016	Off Market
Apr 25, 2016	Pending
Apr 13, 2016	Price Change	$480,000
Mar 17, 2016	Listed	$525,000

Frequently Asked Questions About 5500 Cherokee Draw RD, Austin TX 78738

When was 5500 Cherokee Draw RD, Austin TX 78738 built?

5500 Cherokee Draw RD, Austin TX 78738 was built in 2013.

How much does 5500 Cherokee Draw RD, Austin TX 78738 cost?

5500 Cherokee Draw RD, Austin TX 78738 sold on May 17, 2016. Contact us for sale price details.

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Apr 17, 2013	Off Market
Mar 15, 2012	Listed		$437,181