5900 Patton Ranch RD, Austin TX 78735

Austin, TX 78735 | Oak Hill

Ed's Opinion of Value

$599,990 Ed's Estimate: $966,700 $1,051,807
Lowest Comp Recommended List: $947,000 to $986,000 Highest Comp

Listing History

$2,500,000 List Price
$902,813 Comp Value
1 Price Reductions

This property was listed at $2,500,000 and withdrawn after 103 days on market. The price was reduced from $2,750,000 to $2,500,000. This listing activity factors into the valuation.

After reviewing 7 recent transactions in OAK HILL, I estimate this property's value at $966,700. A competitive list price for this home right now would fall in the $947,000 to $986,000 range. Buyers shopping in OAK HILL right now would see this as a well positioned option among 7 comparable homes. The larger lot (2.00 acres versus the area average of 0.36) contributes to the valuation. The comp data here (7 sales in OAK HILL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
2 Baths 2 Full
2,086 Sq Ft
2 Acres
1979 Built
5 Garage

About This Property

Incredible investment and development opportunity in Oak Hill one of the highly sought after and booming parts of South Austin. 2 full acres with mature, beautiful oaks and sprawling meadows perfect for the next owner to remodel the existing home, tear down and rebuild or any developer to come and redevelop. This property is surrounded by multi family as well as light office commercial so there's loads of potential here to rezone and redevelop. SITE INVESTIGATION REPORT AVAILABLE UPON REQUEST, please see this report if interested in redevelopment for all the info that you will need. Home is on city water inside and outside as well as well water specifically for irrigation. Home is on septic system. There's 30x40 dog kennel on it's own water supply with 2 green houses, 2nd greenhouse attached to 3 car garage. Separate garage also has water and electric. Home has attached 2 car garage + detached 3 car garage that could be a perfect work area, workshop, etc.

Features

  • Granite Counters
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Oak Hill
Middle School Small
High School Austin

Property Details

Property Type Residential
Flooring Tile
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 4846424

Parking

Garage 5 spaces

Tax Information

Annual Taxes $3,025 (2021)

Listing History

MLS# 1210326 95 days
Nov 1, 2021 Off Market
Jul 29, 2021 Listed $2,750,000

Frequently Asked Questions About 5900 Patton Ranch RD, Austin TX 78735

When was 5900 Patton Ranch RD, Austin TX 78735 built?

5900 Patton Ranch RD, Austin TX 78735 was built in 1979.

How much does 5900 Patton Ranch RD, Austin TX 78735 cost?

5900 Patton Ranch RD, Austin TX 78735 is currently off market.

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