5615 Reynolds RD, Austin TX 78749

Austin, TX 78749 | Thomson L

Ed's Opinion of Value

$499,000 Ed's Estimate: $753,365 $1,179,050
Lowest Comp Recommended List: $482,000 to $492,000 Highest Comp
Taking into account 7 nearby comparable sales, this property's estimated value comes to $753,365. If we were to list this property today, I'd recommend a list price in the $482,000 to $492,000 range. Relative to what's currently available in THOMSON L, this home would be the most expensive of 7 comparable homes on the market. Being built in 1948 (31 years older than comps) is factored into the value estimate. Lot size matters here: 2.71 acres versus 0.56 for the typical comp. Right now, 7 similar properties are competing for buyers in THOMSON L, listed between $499,000 and $699,000. The 6 month price trend in 78749: risen 3.3%. The best comp here is 6719 Ridge Oak RD, Austin TX 78749 at an adjusted value of $1,179,050, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in THOMSON L. 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
1,924 Sq Ft
2.71 Acres
1948 Built

About This Property

Extremely rare opportunity to purchase 2 lots spanning just over 2.7 ACRES less than 10 miles from downtown Austin! Just across William Cannon from Legend Oaks sits a quiet, coveted neighborhood where every homesite is at least 1 acre, and current zoning has protections from increased density. This is a prime location with the perfect amount of open space and beautiful trees. For almost 30 years, the sellers have loved not only the peaceful country atmosphere of their property, but also the convenience of being just a short drive from the heart of Austin. Even closer is all that South Austin and Sunset Valley have grown to offer. The home itself was built in 1948, and has been very well cared for throughout the years.There’s a large 70 ft. outbuilding in the back of the property with sewer line already in place, just not connected. The home is very charming and liveable as is. The greatest value is in the land, having 2 buildable lots, and the location. You won’t find another property this large that’s this close to downtown at this price. If you’re looking for a place to build your dream home, then why not live in your own house while it’s built right on your other lot in your own backyard? This location is zoned to some of the highest rated schools in the Austin area. You absolutely need to see it in person to truly appreciate everything this property has to offer!

Location

Schools

School District Austin ISD
Elementary Patton
Middle School Small
High School Austin

Property Details

Property Type Residential
Exterior None
County Travis
MLS # 1151685

Tax Information

Annual Taxes $12,790 (2022)

Listing History

MLS# 1151685 139 days
Sep 1, 2023 Off Market
Jun 4, 2023 Price Change $1,000,000
Feb 23, 2023 Listed $1,190,000

Frequently Asked Questions About 5615 Reynolds RD, Austin TX 78749

When was 5615 Reynolds RD, Austin TX 78749 built?

5615 Reynolds RD, Austin TX 78749 was built in 1948.

How much does 5615 Reynolds RD, Austin TX 78749 cost?

5615 Reynolds RD, Austin TX 78749 sold on September 1, 2023. Contact us for sale price details.

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