5705 Nancy DR, Austin TX 78745

Austin, TX 78745 | Windswept Acres

Ed's Opinion of Value

$369,500 Ed's Estimate: $500,309 $643,626
Lowest Comp Recommended List: $378,000 to $388,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $500,309. Pricing this home between $378,000 and $388,000 would put it in the competitive sweet spot for WINDSWEPT ACRES. This would position the home competitively among 7 active listings in WINDSWEPT ACRES. This home's larger footprint (364 sqft vs the comp average) plays a role in how the market prices it. At 24 years older than typical comps, the 1980 build date influences the valuation. 7 similar homes are currently available in WINDSWEPT ACRES, creating a buyer's market for this price range. Market data shows 78745 prices fallen 5.2% over the last half year. The closest comparable sale, 6222 Boxcar RUN, Austin TX 78745 at an adjusted $643,626, is with a smaller floor plan. With 7 comparable sales in WINDSWEPT ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
0 Beds
0 Baths 2 Full
2,240 Sq Ft
0.5217 Acres
1980 Built
2 Garage

About This Property

Great deal for developer/builder priced below comps that have much smaller lot size! Extremely Rare .52 acre lot ready for redevelopment in South central Austin walking distance to S. 1st and Stassney Lane. Quick access to major roads, restaurants, shopping in the heart of South Austin. The rectangular lot is flat and perfect for redevelopment with minimal trees and no floodplain on City of Austin water and sewer. The existing mobile home has 4 bedrooms, 2 baths, central A/C and heat. It needs some work, but is a sturdy structure and a comfortable livable home. The workshop/garage is 768 sf. and shed is approximately 12'x24'. No floodplain on the lot. The City of Austin owns a .25 acre tract of land to the left of property. This City lot is fenced in with this lot, so it appears to be together, but is not part of the sale. Many years ago, the City was willing to sell this lot since it is no longed needed for a street. However, buyer must contact City to determine if they would be willing to sell. Buyer must also verify all zoning, floodplain and restrictions. No survey available.

Features

  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • High Speed Internet
  • Primary Bedroom on Main
  • Storage
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Odom
Middle School Bedichek
High School Crockett

Property Details

Property Type Land
Flooring Carpet, Laminate
Cooling Ceiling Fan(s), Central Air
Heating Central, Natural Gas
Exterior See Remarks
County Travis
MLS # 4620799

Parking

Garage 2 spaces

Tax Information

Annual Taxes $1,400 (2022)

Listing History

MLS# 4620799 107 days
Oct 25, 2022 Off Market
Sep 20, 2022 Price Change $475,000
Jun 10, 2022 Listed $675,000

Frequently Asked Questions About 5705 Nancy DR, Austin TX 78745

When was 5705 Nancy DR, Austin TX 78745 built?

5705 Nancy DR, Austin TX 78745 was built in 1980.

How much does 5705 Nancy DR, Austin TX 78745 cost?

5705 Nancy DR, Austin TX 78745 sold on October 25, 2022. Contact us for sale price details.

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