6400 Lynch LN, Austin TX 78741

Austin, TX 78741 | Peck

Ed's Opinion of Value

$184,036 Ed's Estimate: $406,449 $809,024
Lowest Comp Recommended List: $398,000 to $415,000 Highest Comp

Listing History

$300,000 List Price
$410,884 Comp Value
1 Price Reductions

This property was listed at $300,000 and withdrawn after 121 days on market. The price was reduced from $325,000 to $300,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $406,449. I'd recommend coming to market at $398,000 to $415,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in PECK. This home's larger footprint (307 sqft vs the comp average) plays a role in how the market prices it. Built in 1962, this home is 7 years older than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in PECK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
4 Beds
2 Baths 2 Full
1,698 Sq Ft
0.283 Acres
1962 Built

About This Property

VALUE IS IN THE LAND-GREAT DEVELOPMENT OPPORTUNITY! Zoned SF-3-NP. Almost 1/3 of an acre. 12,327 sq. ft. w/ .4 FAR which could potentially allow almost 5,000 sq.ft. See attached zoning profile. No access to house w/o an offer. Sold as-is. Per title co. no deed restrictions. Buyer to do their own research & confirm all info.Restrictions: Yes

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Allison
Middle School Martin

Property Details

Property Type Land
Flooring Laminate, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 2716206

Tax Information

Annual Taxes (MLS) $3,317 (2018)

Listing History

MLS# 2716206 121 days
Feb 25, 2019 Off Market
Dec 5, 2018 Price Change $300,000
Oct 27, 2018 Listed $325,000

Frequently Asked Questions About 6400 Lynch LN, Austin TX 78741

When was 6400 Lynch LN, Austin TX 78741 built?

6400 Lynch LN, Austin TX 78741 was built in 1962.

How much does 6400 Lynch LN, Austin TX 78741 cost?

6400 Lynch LN, Austin TX 78741 is currently off market.

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