5501 Emerald Forest DR, Austin TX 78745

Off Market

Charming low maintenance landscaped front exterior

Additional photos available to registered users

Ed's Opinion of Value

$271,615 Ed's Estimate: $461,616 $613,725

Lowest Comp Recommended List: $281,000 to $291,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $461,616. For a well positioned listing in SALEM WALK, I'd target the $281,000 to $291,000 range. Among the similar homes currently available in SALEM WALK, this price point stands out as competitive. There are currently 5 similar homes on the market in SALEM WALK, ranging from $285,000 to $524,900. Recent trends in SALEM WALK show home values have risen 22.4% since 6 months ago. The most comparable recent sale is 1111 Radam CIR, Austin TX 78745, with an adjusted value of $613,725; a strong comparable. The 7 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

SALEM WALK Market Trends

$522,500 Median Sold Price ▲ 22.4% 6mo

$254/sqft Median $/SqFt ▼ 28.6% 6mo

20 days Avg Days on Market unchanged

2 homes Active Inventory 2.4 mo supply

89.8% Sale-to-List Ratio

5 Sales (6 months)

Recently Sold Comparables

$613,725 adjusted 1111 Radam CIR, Austin TX 78745 3bd / 2.0ba • 1,392 sqft • 0.1 mi Sold 28 days ago

$426,753 adjusted 5408 Salem Walk DR, Austin TX 78745 3bd / 2.0ba • 1,268 sqft • 0.1 mi Sold 10 months ago

$271,615 adjusted 1431 Salem Meadow CIR, Austin TX 78745 3bd / 2.0ba • 1,239 sqft • 0.3 mi Sold 4 months ago

$483,853 adjusted 5405 Hunters GLN, Austin TX 78745 4bd / 2.0ba • 1,566 sqft • 0.1 mi Sold 2 months ago

$487,308 adjusted 5430 Salem Walk DR, Austin TX 78745 3bd / 2.0ba • 1,141 sqft • 0.3 mi Sold 8 months ago

Currently on Market

$524,900 1433 Salem Meadow CIR, Austin TX 78745 3bd / 2.0ba • 1,217 sqft • 0.3 mi 7 days on market

$364,999 6001 Leisure Run RD, Austin TX 78745 3bd / 2.0ba • 1,287 sqft • 0.6 mi 80 days on market

$475,000 5907 Eureka DR, Austin TX 78745 3bd / 2.0ba • 1,319 sqft • 0.4 mi 18 days on market

3 Beds

2 Baths 2 Full

1,363 Sq Ft

0.244 Acres

1972 Built

2 Garage

About This Property

UNBELIEVABLE OPPORTUNITY FOR BUYERS! Past Buyer decided to purchase in another area of Austin. Totally hip South Austin home. Great location! 3/2Bath with office. Low maintenance landscaping. Large, terraced back yard. Updated and remodeled throughout, replaced windows, real wood floors and stained concrete floors in bathrooms, master bath has an awesome shower/rainwater shower head and 2 others. Smart floorplan with all spaces utilitzed. Fresh paint/no popcorn.UPGRADES LIST AVAILABLE!Restrictions: Yes

Features

Breakfast Bar
French Doors
Multiple Living Areas
Primary Bedroom on Main
Track Lighting

Location

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Schools

School District Austin ISD

Elementary Odom

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Concrete, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Exterior Steps, Gutters Partial, Private Yard

County Travis

MLS # 2156771

Parking

Garage 2 spaces

Listing History

MLS# 2156771 8 days

Jun 20, 2013	Off Market
May 24, 2013	Pending
May 20, 2013	Price Change	$245,000
May 11, 2013	Listed	$235,000

Frequently Asked Questions About 5501 Emerald Forest DR, Austin TX 78745

When was 5501 Emerald Forest DR, Austin TX 78745 built?

5501 Emerald Forest DR, Austin TX 78745 was built in 1972.

How much does 5501 Emerald Forest DR, Austin TX 78745 cost?

5501 Emerald Forest DR, Austin TX 78745 sold on June 20, 2013. Contact us for sale price details.

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