5507 Emerald Forest DR, Austin TX 78745

Off Market

Mature trees shade this charming bungalow.

Additional photos available to registered users

Ed's Opinion of Value

$285,000 Ed's Estimate: $468,621 $635,348

Lowest Comp Recommended List: $301,000 to $311,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $468,621. For a well positioned listing in SALEM WALK, I'd target the $301,000 to $311,000 range. Among the similar homes currently available in SALEM WALK, this price point stands out as competitive. At 0.28 acres, the lot is larger than the 0.25 acre comp average, which factors into pricing. 7 similar homes are currently available in SALEM WALK, creating a balanced market for this price range. 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 $635,348; 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

$635,348 adjusted 1111 Radam CIR, Austin TX 78745 3bd / 2.0ba • 1,392 sqft • 0.1 mi Sold 1 months ago

$366,910 adjusted 1444 Salem Meadow CIR, Austin TX 78745 4bd / 2.0ba • 1,589 sqft • 0.2 mi Sold 1 months ago

$516,659 adjusted 5405 Hunters GLN, Austin TX 78745 4bd / 2.0ba • 1,566 sqft • 0.1 mi Sold 2 months ago

$453,467 adjusted 5408 Salem Walk DR, Austin TX 78745 3bd / 2.0ba • 1,268 sqft • 0.1 mi Sold 10 months ago

$409,938 adjusted 1108 Gobi DR, Austin TX 78745 3bd / 2.0ba • 1,494 sqft • 0.2 mi Sold 11 months ago

Currently on Market

$499,000 5236 Meadow Creek DR, Austin TX 78745 4bd / 2.0ba • 1,441 sqft • 0.3 mi 193 days on market

$483,000 1405 Sahara Ave, Austin TX 78745 3bd / 2.0ba • 1,344 sqft • 0.5 mi 50 days on market

$285,000 5303 Harvest LN, Austin TX 78745 3bd / 3.0ba • 1,438 sqft • 0.6 mi 7 days on market

4 Beds

2 Baths 2 Full

1,452 Sq Ft

0.285 Acres

1971 Built

2 Garage

About This Property

Charming home with much potential. Look past the clutter to the amazing possibilities. And you just don't find lots this size in the city limits! The house is dated, but that can be fixed - where else can you find such ease of access downtown/MoPac, etc.? A gardener's delight Your own retreat in Austin city limits!

Features

Bookcases
Cathedral Ceiling(s)
High Ceilings
Vaulted Ceiling(s)
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Odom

Middle School Bedichek

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central, Electric

Exterior No Exterior Steps, Private Yard

County Travis

MLS # 8831617

Parking

Garage 2 spaces

Listing History

MLS# 8831617 15 days

Aug 5, 2013	Off Market
Jul 12, 2013	Pending
Jun 27, 2013	Listed	$215,000

Frequently Asked Questions About 5507 Emerald Forest DR, Austin TX 78745

When was 5507 Emerald Forest DR, Austin TX 78745 built?

5507 Emerald Forest DR, Austin TX 78745 was built in 1971.

How much does 5507 Emerald Forest DR, Austin TX 78745 cost?

5507 Emerald Forest DR, Austin TX 78745 sold on August 5, 2013. Contact us for sale price details.

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