5506 Cordell LN, Austin TX 78723

Off Market

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Ed's Opinion of Value

$250,000 Ed's Estimate: $550,947 $706,065

Lowest Comp Recommended List: $540,000 to $562,000 Highest Comp

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $550,947. I'd recommend coming to market at $540,000 to $562,000 to strike the right balance between value and market velocity. In the current PRESWYCK HILLS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. With 7 similar homes currently listed in PRESWYCK HILLS (a buyer's market), competition is a factor to consider. 5402 Basswood LN, Austin TX 78723 nearby adjusts to $551,336; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

PRESWYCK HILLS Market Trends

$552,500 Median Sold Price

$354/sqft Median $/SqFt

17 days Avg Days on Market

5 homes Active Inventory 6 mo supply

97.4% Sale-to-List Ratio

5 Sales (6 months)

Recently Sold Comparables

$551,336 adjusted 5402 Basswood LN, Austin TX 78723 4bd / 2.0ba • 1,559 sqft • 0.3 mi Sold 5 months ago

$706,065 adjusted 5507 Claymoor DR, Austin TX 78723 4bd / 2.0ba • 1,844 sqft • 0.1 mi Sold 21 days ago

$591,462 adjusted 5500 Tipton DR, Austin TX 78723 3bd / 2.0ba • 1,690 sqft • 0.1 mi Sold 3 months ago

$475,901 adjusted 5310 Medford DR, Austin TX 78723 4bd / 2.0ba • 1,545 sqft • 0.2 mi Sold 6 months ago

$437,450 adjusted 4813 Broadhill DR, Austin TX 78723 4bd / 2.0ba • 1,678 sqft • 0.8 mi Sold 4 months ago

Currently on Market

$560,000 5001 Bundyhill DR, Austin TX 78723 3bd / 2.0ba • 1,571 sqft • 0.7 mi 70 days on market

$250,000 4614 Bundyhill DR, Austin TX 78723 4bd / 2.0ba • 1,491 sqft • 0.9 mi 81 days on market

$499,000 5304 Basswood LN, Austin TX 78723 3bd / 2.0ba • 1,464 sqft • 0.3 mi 97 days on market

4 Beds

2 Baths 2 Full

1,571 Sq Ft

0.23 Acres

1965 Built

2 Garage

About This Property

Beautifully updated home located close to the Mueller center and downtown Austin. This is a spacious four bedroom with an open concept. The large kitchen is wonderful for entertaining, has plenty of storage, granite countertops and stone backsplash. A sliding door opens onto a large deck and back yard. Updates include flooring, showers, vanities, cabinets, countertops, water lines, PVC replaced drain lines, recent HVAC and ductwork replaced, insulation added, doors and trim. Two storage sheds.Restrictions: Yes

Features

Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Pecan Springs

Middle School Webb

High School Reagan

Property Details

Property Type Residential

Flooring Carpet, Laminate, Tile

Cooling Central Air

Heating Central, Natural Gas

Exterior Private Yard

County Travis

MLS # 1104896

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $6,451 (2018)

Listing History

MLS# 1104896 11 days

Jan 17, 2019	Off Market
Dec 15, 2018	Pending
Dec 4, 2018	Listed	$399,000

MLS# 1866779 183 days

Jan 20, 2018	Off Market
Jul 22, 2017	Listed		$407,900

MLS# 9297343 8 days

Jan 25, 2017	Off Market
Jan 4, 2017	Listed		$390,000

Frequently Asked Questions About 5506 Cordell LN, Austin TX 78723

When was 5506 Cordell LN, Austin TX 78723 built?

5506 Cordell LN, Austin TX 78723 was built in 1965.

How much does 5506 Cordell LN, Austin TX 78723 cost?

5506 Cordell LN, Austin TX 78723 sold on January 17, 2019. Contact us for sale price details.

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