5509 Lemonwood DR, Austin TX 78731

Austin, TX 78731 | Lakewood | Built by FIELDING CONSTRUCTION LLC

Off Market

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Ed's Opinion of Value

$426,880 Ed's Estimate: $1,163,579 $1,953,849

Lowest Comp Recommended List: $1,140,000 to $1,187,000 Highest Comp

Listing History

$719,000 List Price

$1,182,103 Comp Value

1 Price Reductions

This property was listed at $719,000 and expired after 140 days on market. The price was reduced from $725,000 to $719,000. This listing activity factors into the valuation.

The comparable sales data (7 recent transactions in LAKEWOOD) supports an estimated value of $1,163,579. The data suggests a list price between $1,140,000 and $1,187,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 7 comparable homes on the market in LAKEWOOD's current inventory. The larger floor plan (391 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2008 (28 years newer than comps) is factored into the value estimate. The strength of this estimate comes from 7 directly comparable sales in LAKEWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

LAKEWOOD Market Trends

$625,000 Median Sold Price ▼ 15% 6mo

$368/sqft Median $/SqFt ▲ 0.8% 6mo

15 days Avg Days on Market 73 days faster

8 homes Active Inventory 3.2 mo supply

98.5% Sale-to-List Ratio

15 Sales (6 months)

Recently Sold Comparables

$1,469,930 adjusted 5604 Blueridge CT, Austin TX 78731 4bd / 3.0ba • 3,245 sqft • 0.1 mi Sold 1 months ago

$426,880 adjusted 6415 Wallace CV, Austin TX 78750 4bd / 3.0ba • 2,392 sqft • 0.9 mi Sold 4 months ago

$948,720 adjusted 6401 Cascada DR, Austin TX 78750 4bd / 3.0ba • 2,099 sqft • 1.1 mi Sold 26 days ago

$1,953,849 adjusted 6320 Sprucewood DR, Austin TX 78731 6bd / 4.0ba • 4,061 sqft • 0.1 mi Sold 2 months ago

$926,120 adjusted 6407 Wallace CV, Austin TX 78750 3bd / 3.0ba • 2,140 sqft • 0.9 mi Sold 7 months ago

Currently on Market

$1,175,000 4324 Far West BLVD, Austin TX 78731 4bd / 3.0ba • 3,013 sqft • 0.7 mi 619 days on market

$900,000 5500 Blueridge CT, Austin TX 78731 5bd / 3.0ba • 2,704 sqft • 0.1 mi 111 days on market

$970,000 6914 Thorncliffe DR, Austin TX 78731 4bd / 3.0ba • 2,569 sqft • 1.6 mi 59 days on market

4 Beds

4 Baths 4 Full

2,865 Sq Ft

0.5 Acres

2008 Built

2 Garage

About This Property

New Price for new construction w/ abundant patios on huge lot suitable for pool and guest house . Open Brazilian cherry hardwoods,12 ft. ceilings, Geldwyn windows, granite, S/S, custom alder cabs, Travertine, tons of natural light, jetted tub and huge closets.Restrictions: Yes Sprinkler Sys:Yes

Features

Breakfast Bar
High Ceilings
Entrance Foyer
In-Law Floorplan
Multiple Living Areas
Pantry
Primary Bedroom on Main
Walk-In Closet(s)
Wired for Sound

Location

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Schools

School District Austin ISD

Elementary Doss (Austin ISD)

Middle School Murchison

High School Anderson

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5420406

Garage 2 spaces

Listing History

MLS# 5420406 140 days (242 CDOM)

Oct 30, 2008	Off Market
Sep 19, 2008	Price Change	$719,000
Jun 12, 2008	Listed	$739,000

Frequently Asked Questions About 5509 Lemonwood DR, Austin TX 78731

When was 5509 Lemonwood DR, Austin TX 78731 built?

5509 Lemonwood DR, Austin TX 78731 was built in 2008.

How much does 5509 Lemonwood DR, Austin TX 78731 cost?

5509 Lemonwood DR, Austin TX 78731 is currently off market.

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Jun 11, 2008	Off Market
Mar 1, 2008	Listed		$749,000