5616 Medicine Creek DR, Austin TX 78735

Off Market

Exterior Front : All sides masonary with Texas mix limestone.Elaborate landscaping with limestone terraced and lined beds. Large backyard.Plenty of room for pool and playscape!

Additional photos available to registered users

Ed's Opinion of Value

$743,307 Ed's Estimate: $860,300 $958,802

Lowest Comp Recommended List: $869,000 to $898,000 Highest Comp

Based on 7 closed sales in TRAVIS COUNTRY WEST, the data points to a value around $860,300 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $869,000 to $898,000. Buyers shopping in TRAVIS COUNTRY WEST right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (216 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 3 similar properties are competing for buyers in TRAVIS COUNTRY WEST, listed between $825,000 and $947,000. Market data shows 78735 prices fallen 11.6% over the last half year. The closest comparable sale, 5717 Medicine Creek CRK, Austin TX 78735 at an adjusted $824,590, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TRAVIS COUNTRY 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

78735 Market Trends

$827,500 Median Sold Price ▼ 11.6% 6mo

$359/sqft Median $/SqFt ▼ 10.2% 6mo

56 days Avg Days on Market 4 days faster

54 homes Active Inventory 4.3 mo supply

96.7% Sale-to-List Ratio

76 Sales (6 months)

Recently Sold Comparables

$824,590 adjusted 5717 Medicine Creek CRK, Austin TX 78735 4bd / 4.0ba • 2,946 sqft • 0.1 mi Sold 5 months ago

$794,020 adjusted 7421 Bonniebrook DR, Austin TX 78735 4bd / 4.0ba • 3,408 sqft • 0.8 mi Sold 4 months ago

$743,307 adjusted 7716 Journeyville DR, Austin TX 78735 4bd / 4.0ba • 3,294 sqft • 0.7 mi Sold 5 months ago

$958,802 adjusted 5724 Medicine Creek DR, Austin TX 78735 4bd / 3.0ba • 3,019 sqft • 0.1 mi Sold 10 months ago

$869,058 adjusted 7604 Menler DR, Austin TX 78735 4bd / 4.0ba • 3,358 sqft • 0.8 mi Sold 4 days ago

Currently on Market

$947,000 5801 Leckrone CV, Austin TX 78735 5bd / 4.0ba • 3,540 sqft • 0.4 mi 37 days on market

$899,000 5604 Terravista DR, Austin TX 78735 4bd / 4.0ba • 3,907 sqft • 1 mi 56 days on market

$825,000 7621 Menler DR, Austin TX 78735 5bd / 4.0ba • 3,430 sqft • 0.8 mi 84 days on market

4 Beds

4 Baths 3 Full, 1 Half

3,556 Sq Ft

0.21 Acres

2003 Built

About This Property

Former Model Home!Fabulous w/ designer colors,wood shutters,limestone fireplace,hardwoods & slate floors throughout. Gourmet kitchen w/ stainless app. & granite.5liv/media could be 5 bedroom.Beautifully landscaped!Over 100K in upgrades!FEMA - Unknown

Features

Cathedral Ceiling(s)
High Ceilings
Vaulted Ceiling(s)
Entrance Foyer
Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Oak Hill

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Slate, Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior None

County Travis

MLS # 2843066

Listing History

MLS# 2843066 34 days

Mar 30, 2015	Off Market
Jan 22, 2015	Listed	$509,900
Dec 11, 2005	Price Change	$479,900

MLS# 4525487 39 days (97 CDOM)

May 5, 2006	Off Market
Mar 6, 2006	Listed		$2,995

MLS# 5111070 31 days

Dec 16, 2005	Off Market
Nov 15, 2005	Listed		$2,600

Frequently Asked Questions About 5616 Medicine Creek DR, Austin TX 78735

When was 5616 Medicine Creek DR, Austin TX 78735 built?

5616 Medicine Creek DR, Austin TX 78735 was built in 2003.

How much does 5616 Medicine Creek DR, Austin TX 78735 cost?

5616 Medicine Creek DR, Austin TX 78735 sold on March 30, 2015. Contact us for sale price details.

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