Ed's Opinion of Value

$857,208 Ed's Estimate: $1,080,920 $1,585,000
Lowest Comp Recommended List: $1,048,000 to $1,113,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,080,920. To generate strong buyer interest while maximizing value, I'd price this between $1,048,000 and $1,113,000. In the current HIGHLAND HILLS market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 0.25 acres, the lot is smaller than the 0.30 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in HIGHLAND HILLS; a seller's market based on recent absorption. The trend in HIGHLAND HILLS shows prices have risen 30.9% in the past 6 months. 5700 Trailridge DR, Austin TX 78731 nearby adjusts to $1,195,483; with a smaller floor plan. 3 comparable transactions in HIGHLAND HILLS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
2,333 Sq Ft
0.254 Acres
1957 Built
2 Garage

About This Property

Custom built home, newly renovated kitchen. Gorgeous view with tons of trees. Plenty of lot space for expansion. Has wine cellar/safe room and lots of storage. 20x30 slab in backyard ready for outdoor kitchen or hot tub. Great house for entertaining.Restrictions: Yes

Features

  • Breakfast Bar
  • High Ceilings
  • Entrance Foyer
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main

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 None
County Travis
MLS # 6451139

Parking

Garage 2 spaces

Listing History

MLS# 6451139 42 days
Dec 7, 2012 Off Market
Sep 4, 2012 Listed $449,900

Frequently Asked Questions About 5805 Overlook DR, Austin TX 78731

When was 5805 Overlook DR, Austin TX 78731 built?

5805 Overlook DR, Austin TX 78731 was built in 1957.

How much does 5805 Overlook DR, Austin TX 78731 cost?

5805 Overlook DR, Austin TX 78731 sold on December 7, 2012. Contact us for sale price details.

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