5611 Ridge Oak DR, Austin TX 78731

Austin, TX 78731 | Highland Park West

Ed's Opinion of Value

$915,879 Ed's Estimate: $1,062,354 $1,270,201
Lowest Comp Recommended List: $1,034,000 to $1,129,000 Highest Comp
Based on 3 closed sales in HIGHLAND PARK WEST, the data points to a value around $1,062,354 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,034,000 to $1,129,000. Relative to what's currently available in HIGHLAND PARK WEST, this home would be the most expensive of 3 comparable homes on the market. A pool adds market appeal. Only 3 minus 3 of the comps had one. Current inventory shows 3 comparable homes in HIGHLAND PARK WEST; a balanced market based on recent absorption. Market data shows HIGHLAND PARK WEST prices fallen 28.4% over the last half year. The closest comparable sale, 3506 Lakeland DR, Austin TX 78731 at an adjusted $1,270,201, is with no pool. The strength of this estimate comes from 3 directly comparable sales in HIGHLAND PARK WEST. 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
3 Beds
2 Baths 2 Full
2,279 Sq Ft
0.286 Acres
1957 Built
2 Garage

About This Property

Below tax appraisal value! Very desirable California modern style one story home in Highland Park West with beautiful heated pool in a tranquil yard. Much updating, but retains mid century modern character. Master and family room open to pool. Three generous bedrooms, two full baths. Good storage. Great floorplan! Close to restaurants, shopping, Mopac. This solid home feels right. Sprinkler Sys:Yes

Property Highlights

Pool Heated, In Ground

Features

  • Breakfast Bar
  • Beamed Ceilings
  • Vaulted Ceiling(s)
  • Multiple Living Areas
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Wired for Sound

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central
Exterior No Exterior Steps, Private Yard
County Travis
MLS # 7797278
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $8,566 (2009)

Listing History

MLS# 7797278 188 days (503 CDOM)
Jun 1, 2010 Off Market
May 6, 2010 Pending
Feb 19, 2010 Price Change $479,000
Oct 30, 2009 Listed $495,000

Frequently Asked Questions About 5611 Ridge Oak DR, Austin TX 78731

When was 5611 Ridge Oak DR, Austin TX 78731 built?

5611 Ridge Oak DR, Austin TX 78731 was built in 1957.

How much does 5611 Ridge Oak DR, Austin TX 78731 cost?

5611 Ridge Oak DR, Austin TX 78731 sold on June 1, 2010. Contact us for sale price details.

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