5603 Driftwood DR, Austin TX 78731

Austin, TX 78731 | Lakewood

Ed's Opinion of Value

$489,900 Ed's Estimate: $920,102 $1,100,794
Lowest Comp Recommended List: $507,000 to $517,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $920,102. To generate strong buyer interest while maximizing value, I'd price this between $507,000 and $517,000. Against 7 similar active listings in LAKEWOOD, this price point lands at the most expensive of 7 comparable homes on the market. The 1960 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.49 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in LAKEWOOD, ranging from $489,900 to $850,000. The trend in LAKEWOOD shows prices have fallen 13.3% in the past 6 months. 5602 Blueridge CT, Austin TX 78731 nearby adjusts to $1,010,342; 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
3 Beds
3 Baths 2 Full, 1 Half
2,111 Sq Ft
0.4873 Acres
1960 Built
1 Garage

About This Property

A very special one story home with transitional remodel completed in 2015. Neighborhood and lot are unmatched in natural scenery and easy access to the best of Austin, sitting on .487ac within walking distance to Bull Creek city park, trails and a neighborhood park with private creek access (membership only - $65/yr). Great schools, close proximity to downtown, as well as The Domain with Austin’s world-class shopping, eateries, arts and entertainment. Spacious living area fits two seating areas or living & dining. Updated kitchen with lovely cabinets, granite counters and breakfast bar overlooking a charming family room with natural stone fireplace and book cases. Primary bedroom is at back of home with beautifully updated bath including walk-in shower, double vanities, walk-in closet. Ancient trees plus lovely gardens in front and back fenced yard, which can be viewed from large covered porch, outdoor fireplace on side of home, play area & open patio in backyard + gorgeous 2 room office for remote work with rolling hill view! You won't want to leave once you see this home!

Features

  • Bookcases
  • Breakfast Bar
  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Interior Steps
  • Multiple Living Areas
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Middle School Murchison
High School Anderson

Property Details

Property Type Residential
Flooring Carpet, Laminate, Tile
Cooling Central Air
Heating Central, Electric
Exterior Gutters Partial
County Travis
MLS # 3149298
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $17,879 (2022)

Listing History

MLS# 3149298 169 days (167 CDOM)
Sep 15, 2023 Off Market
Aug 10, 2023 Price Change $985,000
Mar 10, 2023 Listed $1,100,000

Frequently Asked Questions About 5603 Driftwood DR, Austin TX 78731

When was 5603 Driftwood DR, Austin TX 78731 built?

5603 Driftwood DR, Austin TX 78731 was built in 1960.

How much does 5603 Driftwood DR, Austin TX 78731 cost?

5603 Driftwood DR, Austin TX 78731 sold on September 15, 2023. Contact us for sale price details.

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