5907 Overlook DR, Austin TX 78731

Austin, TX 78731 | Overlook

Ed's Opinion of Value

$999,000 Ed's Estimate: $1,420,863 $1,781,223
Lowest Comp Recommended List: $984,000 to $994,000 Highest Comp
Based on 7 closed sales in OVERLOOK, the data points to a value around $1,420,863 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $984,000 to $994,000. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in OVERLOOK's current inventory. Lot size matters here: 0.71 acres versus 0.27 for the typical comp. There are currently 7 similar homes on the market in OVERLOOK, ranging from $999,000 to $2,070,000. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 6008 Bon Terra DR, Austin TX 78731 at an adjusted $1,361,684, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in OVERLOOK. 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
4 Beds
4 Baths 4 Full
2,955 Sq Ft
0.708 Acres
1987 Built
2 Garage

About This Property

With .7 acres of land and views that overlook downtown Austin, this 2,955 sq ft home plus basement is ready to be reimagined. Nestled among the trees, this property offers the opportunity to update the interior to your liking or start fresh and build new on the gorgeous lot. This classic brick home has great bones and a functional floor plan that only needs cosmetic updates, new windows, and new floors to be a showcase property. Soaring ceilings and a wall of windows in the living room frame the sprawling downtown view for your enjoyment, or you can repair the deck so that you can have a nightcap while taking in the sparkling downtown skyline under the stars. Thoughtful trimming of the trees could further expand the view; consult with an arborist to see what is possible. The formal dining area opens to the living room, allowing you to take in the fantastic views over dinner. Bay windows in the sizable adjoining kitchen and informal dining room overlook the treetops and again offer views of downtown. Also situated on the main floor is the primary bedroom suite with expansive views and a private entrance to the back deck. An en-suite bathroom features a double vanity, large tub, glass front shower with bench, and two walk in closets. Another bedroom is also located on the main floor and has an arched window overlooking the front yard. The spacious hall bath features a double vanity, bath/shower combo, and extra storage. Head upstairs and you'll find two more bedrooms with large windows and private access to the upstairs deck. Take your pick of the panoramic views -- one bedroom looks out over lush green treetops, and the other offers sights of Austin’s skyline. These bedrooms share a hall bath with a large vanity and a bath/shower combination. There's also a large unfinished area downstairs that is ready to be turned into a media room or game room. While not included in the square footage, completion of the downstairs will further expand your livable space.

Features

  • Entrance Foyer
  • Kitchen Island
  • Multiple Dining Areas
  • Pantry
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air, Zoned
Heating Central
Exterior None
County Travis
MLS # 5706673

Parking

Garage 2 spaces

Tax Information

Annual Taxes $19,941 (2021)

Listing History

MLS# 5706673 5 days
Nov 22, 2021 Off Market
Oct 7, 2021 Listed $1,000,000

Frequently Asked Questions About 5907 Overlook DR, Austin TX 78731

When was 5907 Overlook DR, Austin TX 78731 built?

5907 Overlook DR, Austin TX 78731 was built in 1987.

How much does 5907 Overlook DR, Austin TX 78731 cost?

5907 Overlook DR, Austin TX 78731 sold on November 22, 2021. Contact us for sale price details.

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