6503 Moonglow DR, Austin TX 78724

Off Market

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Ed's Opinion of Value

$229,782 Ed's Estimate: $270,696 $399,900

Lowest Comp Recommended List: $321,000 to $322,000 Highest Comp

The estimated value of this property is $270,696, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $321,000 and $322,000. Among the similar homes currently available in PARK PLACE, this price point stands out as competitive. This home's smaller footprint (265 sqft vs the comp average) plays a role in how the market prices it. Built in 1983, this home is 16 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in PARK PLACE (a balanced market), competition is a factor to consider. Recent trends in PARK PLACE show home values have risen 30.8% since 6 months ago. The most comparable recent sale is 7009 Marejada DR, Austin TX 78724, with an adjusted value of $287,961; a strong comparable. Based on 7 relevant data points in PARK PLACE, 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

PARK PLACE Market Trends

$412,000 Median Sold Price ▲ 30.8% 6mo

$232/sqft Median $/SqFt ▲ 1.3% 6mo

41 days Avg Days on Market 3 days faster

3 homes Active Inventory 2.6 mo supply

97.2% Sale-to-List Ratio

7 Sales (6 months)

Recently Sold Comparables

$287,961 adjusted 7009 Marejada DR, Austin TX 78724 3bd / 2.0ba • 1,014 sqft • 0.5 mi Sold 1 months ago

$277,875 adjusted 5800 Pinon Vista DR, Austin TX 78724 3bd / 2.0ba • 1,315 sqft • 0.5 mi Sold 2 months ago

$269,520 adjusted 8824 Southwick DR, Austin TX 78724 3bd / 2.0ba • 1,149 sqft • 1.4 mi Sold 3 months ago

$229,782 adjusted 5700 Glowing Star TRL, Austin TX 78724 3bd / 2.0ba • 1,268 sqft • 1.6 mi Sold 1 months ago

$395,820 adjusted 6117 Toscana Ave, Austin TX 78724 3bd / 3.0ba • 1,974 sqft • 0.4 mi Sold 12 days ago

Currently on Market

$325,000 7007 Colony Loop DR, Austin TX 78724 3bd / 2.0ba • 1,080 sqft • 0.5 mi 179 days on market

$399,900 7609 Crystalbrook DR W, Austin TX 78724 3bd / 2.0ba • 942 sqft • 1.3 mi 62 days on market

$295,000 7207 Ellington CIR, Austin TX 78724 3bd / 2.0ba • 1,210 sqft • 0.7 mi 25 days on market

3 Beds

2 Baths 2 Full

1,104 Sq Ft

0.2 Acres

1983 Built

1 Garage

About This Property

Great investor home or owner occupant buyer. Property is currently occupied but tenant is vacating on 2-28-14. Please contact agent to coordinate showing. Serious buyers only. This a great home for under $100,000 that is only 5 miles from downtown. Wood and tile floors, nice fenced backyard, perfect starter home. Market rents range from $1000-1100 for this area.

Features

Primary Bedroom on Main

Location

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Schools

School District Manor ISD

Elementary Oak Meadows

Middle School Decker

High School Other

Property Details

Property Type Residential

Flooring Laminate, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 2619408

Garage 1 spaces

Tax Information

Annual Taxes (MLS) $1,255 (2013)

Listing History

MLS# 2619408 11 days (54 CDOM)

Mar 10, 2014	Off Market
Feb 24, 2014	Pending
Feb 13, 2014	Listed	$98,500

Frequently Asked Questions About 6503 Moonglow DR, Austin TX 78724

When was 6503 Moonglow DR, Austin TX 78724 built?

6503 Moonglow DR, Austin TX 78724 was built in 1983.

How much does 6503 Moonglow DR, Austin TX 78724 cost?

6503 Moonglow DR, Austin TX 78724 sold on March 10, 2014. Contact us for sale price details.

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