5912 Fairlane DR, Austin TX 78757

Austin, TX 78757 | Allandale West

Ed's Opinion of Value

$499,000 Ed's Estimate: $859,622 $934,874
Lowest Comp Recommended List: $528,000 to $538,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $859,622. Pricing this home between $528,000 and $538,000 would put it in the competitive sweet spot for ALLANDALE WEST. Buyers shopping in ALLANDALE WEST right now would see this as a well positioned option among 6 comparable homes. The larger lot (0.31 acres versus the area average of 0.25) contributes to the valuation. Current inventory shows 6 comparable homes in ALLANDALE WEST; a buyer's market based on recent absorption. Market data shows ALLANDALE WEST prices fallen 24.8% over the last half year. The closest comparable sale, 5721 Marilyn DR, Austin TX 78757 at an adjusted $925,900, is a strong comparable. The comp data here (7 sales in ALLANDALE WEST) 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
1,674 Sq Ft
0.306 Acres
1959 Built
2 Garage

About This Property

Desirable mid-century ranch home on tree-lined street in highly sought-after Allendale West! Move-in ready or make unlimited custom value-added improvements in this trending million-dollar neighborhood. 3B/2B/open floor plan, flex room, screen in patio, 2 car garage+ 0.3+ Flat Lot w/ fenced backyard and irrigation system. Highly Rated Austin ISD Schools. No HOA. Low Tax Rate. Well established neighborhood conveniently located in Central Austin within minutes of local area eateries/ coffee shops/ unique retailers off of Burnet Road, with easy access to Mopac and close proximity to downtown Austin and Lady Bird Lake.

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Gullett
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Carpet, See Remarks
Cooling Central Air
Heating Central, Natural Gas
Exterior None
County Travis
MLS # 1398361
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $11,768 (2020)

Listing History

MLS# 1398361 2 days
May 28, 2021 Off Market
Apr 15, 2021 Listed $750,000

Frequently Asked Questions About 5912 Fairlane DR, Austin TX 78757

When was 5912 Fairlane DR, Austin TX 78757 built?

5912 Fairlane DR, Austin TX 78757 was built in 1959.

How much does 5912 Fairlane DR, Austin TX 78757 cost?

5912 Fairlane DR, Austin TX 78757 sold on May 28, 2021. Contact us for sale price details.

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