5506 Ledesma RD, Austin TX 78721

Austin, TX 78721 | Sunnyvale East

Ed's Opinion of Value

$469,000 Ed's Estimate: $545,055 $606,994
Lowest Comp Recommended List: $264,000 to $274,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $545,055. I'd recommend coming to market at $264,000 to $274,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SUNNYVALE EAST, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 2001, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.40 acre lot (larger than the 0.14 acre average) is reflected in the estimate. With 7 similar homes currently listed in SUNNYVALE EAST (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have fallen 5% in the past 6 months. 1120 Omega Ave # 1, Austin TX 78721 nearby adjusts to $528,897; 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
2 Beds
3 Baths 2 Full, 1 Half
1,523 Sq Ft
0.402 Acres
2001 Built

About This Property

Charming 2 Bedroom, 2 1/2 bath home nestled on a .40 +/- Acres forested hillside east Austin lot. Lots of trees and backs to Fort Branch Creek. Booming area with a prime opportunity for new construction or renovations to current home. Build a 2 story home on top of the hill and see downtown Austin. Flexible floor plan. Metal roof. The house was divided into a suite rented out through VRBO, the two spaces have now been joined each has a front door entry. The suite could be a home office or private unit with its own kitchen, bathroom, sitting area/office and sleeping area. It can also be used as a master suite. Wall could be opened back up to become hall. Renovated in 2009. No carpet. Flooring is long leafed pine and ceramic tile. The 14' x 35' great room has 3 sliding glass doors that open onto a wooden deck and limestone patio. The backyard is perfect for entertaining, private and serene. Master bathroom has a skylight and closet. Most doors are solid wood. Kitchen storage includes pantry and stacked full size W/D and storage for brooms, etc. A dog door is mounted in the wall for your furry friends to come and go as they please. The yard is xeriscape; it's more a matter of managing than mowing. Great bird watching. Nearby Springdale offers art, retail and play. Home is located close to downtown, entertainment districts, The University of Texas, the new Tesla plant, ABIA Airport and much more.

Features

  • Breakfast Bar
  • Electric Dryer Hookup
  • Interior Steps
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Ortega
Middle School Martin

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 5649187

Tax Information

Annual Taxes $5,263 (2022)

Listing History

MLS# 5649187 24 days
Jan 6, 2023 Off Market
Nov 11, 2022 Listed $540,000

Frequently Asked Questions About 5506 Ledesma RD, Austin TX 78721

When was 5506 Ledesma RD, Austin TX 78721 built?

5506 Ledesma RD, Austin TX 78721 was built in 2001.

How much does 5506 Ledesma RD, Austin TX 78721 cost?

5506 Ledesma RD, Austin TX 78721 sold on January 6, 2023. Contact us for sale price details.

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