5704 Medicine Creek DR, Austin TX 78735

Off Market

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Ed's Opinion of Value

$650,575 Ed's Estimate: $764,491 $915,000

Lowest Comp Recommended List: $797,000 to $812,000 Highest Comp

Based on 7 closed sales in TRAVIS COUNTRY WEST, the data points to a value around $764,491 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $797,000 to $812,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in TRAVIS COUNTRY WEST's current inventory. 3 similar homes are currently available in TRAVIS COUNTRY WEST, creating a buyer's market for this price range. Market data shows 78735 prices fallen 12.4% over the last half year. The closest comparable sale, 5724 Medicine Creek DR, Austin TX 78735 at an adjusted $863,918, is a strong comparable. 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

$830,000 Median Sold Price ▼ 12.4% 6mo

$362/sqft Median $/SqFt ▼ 9.4% 6mo

63 days Avg Days on Market 9 days slower

53 homes Active Inventory 4.4 mo supply

96.5% Sale-to-List Ratio

73 Sales (6 months)

Recently Sold Comparables

$863,918 adjusted 5724 Medicine Creek DR, Austin TX 78735 4bd / 3.0ba • 3,019 sqft • 0.1 mi Sold 10 months ago

$812,000 adjusted 5408 Fort Benton DR, Austin TX 78735 4bd / 3.0ba • 2,469 sqft • 0.1 mi Sold 1 months ago

$834,645 adjusted 7308 Black Mountain DR, Austin TX 78736 4bd / 3.0ba • 2,937 sqft • 1.4 mi Sold 10 months ago

$780,335 adjusted 7324 Covered Bridge DR, Austin TX 78736 4bd / 3.0ba • 2,650 sqft • 1.4 mi Sold 3 months ago

$650,575 adjusted 8623 Foggy Mountain DR, Austin TX 78736 4bd / 3.0ba • 2,840 sqft • 1.3 mi Sold 8 months ago

Currently on Market

$750,000 5720 Sunset RDG, Austin TX 78735 3bd / 3.0ba • 2,721 sqft • 0.1 mi 4 days on market

$915,000 7604 Menler DR, Austin TX 78735 4bd / 4.0ba • 3,358 sqft • 0.8 mi 29 days on market

$865,000 7621 Menler DR, Austin TX 78735 5bd / 4.0ba • 3,430 sqft • 0.7 mi 65 days on market

4 Beds

3 Baths 2 Full, 1 Half

2,990 Sq Ft

0.193 Acres

2002 Built

2 Garage

About This Property

This Travis Country stunner, conveniently located off Southwest Parkway is a retreat from the hustle and bustle and yet close to the action. Meticulously maintained 4 bedroom 2 1/2 bath home complete with brand new carpet and a fresh coat of paint. Great easy living floorplan with first floor master, beautiful wood floors, and a black granite/white cabinet open kitchen give this house a classy but timeless feel. Don't miss the opportunity to make this fantastic home yours. Sprinkler Sys:Yes

Features

Bookcases
Breakfast Bar
Coffered Ceiling(s)
High Ceilings
Crown Molding
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Oak Hill

Middle School Small

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Gutters Full

County Travis

MLS # 6477334

Garage 2 spaces

HOA & Community

HOA Fee $435 /Annually

HOA Includes See Remarks

Tax Information

Annual Taxes (MLS) $7,891 (2013)

Listing History

MLS# 6477334 3 days

Mar 17, 2014	Off Market
Mar 6, 2014	Pending
Mar 3, 2014	Listed	$425,000

Frequently Asked Questions About 5704 Medicine Creek DR, Austin TX 78735

When was 5704 Medicine Creek DR, Austin TX 78735 built?

5704 Medicine Creek DR, Austin TX 78735 was built in 2002.

How much does 5704 Medicine Creek DR, Austin TX 78735 cost?

5704 Medicine Creek DR, Austin TX 78735 sold on March 17, 2014. Contact us for sale price details.

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