6708 Shannon DR, Austin TX 78724

Off Market

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Ed's Opinion of Value

$164,283 Ed's Estimate: $294,011 $350,345

Lowest Comp Recommended List: $238,000 to $248,000 Highest Comp

After reviewing 7 recent transactions in COLONY PARK, I estimate this property's value at $294,011. A competitive list price for this home right now would fall in the $238,000 to $248,000 range. Relative to what's currently available in COLONY PARK, this home would be the most expensive of 3 comparable homes on the market. At 5 years newer than typical comps, the 1986 build date influences the valuation. There are currently 3 similar homes on the market in COLONY PARK, ranging from $225,000 to $295,000. Prices in 78724 have risen 5.5% over the last 6 months. A similar home at 7022 Hillcroft DR, Austin TX 78724 carries an adjusted comparable value of $336,024, providing a strong data point. With 7 comparable sales in COLONY PARK, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78724 Market Trends

$365,338 Median Sold Price ▲ 5.5% 6mo

$204/sqft Median $/SqFt ▼ 2.6% 6mo

59 days Avg Days on Market 10 days slower

68 homes Active Inventory 7.8 mo supply

98.3% Sale-to-List Ratio

52 Sales (6 months)

Recently Sold Comparables

$336,024 adjusted 7022 Hillcroft DR, Austin TX 78724 3bd / 1.0ba • 1,016 sqft • 0.3 mi Sold 10 months ago

$164,283 adjusted 6916 Carwill DR, Austin TX 78724 4bd / 2.0ba • 1,308 sqft • 0.2 mi Sold 9 months ago

$312,554 adjusted 7007 Carwill DR, Austin TX 78724 4bd / 2.0ba • 1,390 sqft • 0.3 mi Sold 11 months ago

$350,345 adjusted 7514 Uray DR, Austin TX 78724 3bd / 2.0ba • 1,168 sqft • 1.4 mi Sold 2 months ago

$293,525 adjusted 5800 Pinon Vista DR, Austin TX 78724 3bd / 2.0ba • 1,315 sqft • 0.7 mi Sold 4 days ago

Currently on Market

$255,000 7000 Carwill DR, Austin TX 78724 3bd / 2.0ba • 1,149 sqft • 0.3 mi 1 days on market

$225,000 6919 Shannon DR, Austin TX 78724 4bd / 2.0ba • 1,170 sqft • 0.2 mi 1 days on market

$295,000 5217 Provencial DR, Austin TX 78724 3bd / 2.0ba • 1,168 sqft • 1.4 mi 5 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,211 Sq Ft

0.145 Acres

1986 Built

1 Garage

About This Property

Home is located in the highly desirable Colony Park! This East Austin home is in a phenomenal area close to the airport, HWY 183 and all the amenities that Austin provides! This home is located about 5 mins from Walter E. Long Lake! Perfect space in the private backyard for gardening, entertaining, relaxing, and more. This location offers community and convenience with easy access to the airport, downtown Austin, Tesla, Tech Ridge, and almost any part of Austin via the new 183 toll road. Home is being sold AS-IS. Heating and AC unit only about 1 year old. Roof was replaced about 4 years ago.

Features

Ceiling Fan(s)
Electric Dryer Hookup
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Overton

Middle School Garcia

High School Lyndon B Johnson (Austin ISD)

Property Details

Property Type Residential

Flooring Carpet, Laminate

Cooling Ceiling Fan(s), Central Air

Heating Central, Electric

Exterior No Exterior Steps

County Travis

MLS # 1387301

Parking

Garage 1 spaces

Tax Information

Annual Taxes $4,355 (2021)

Listing History

MLS# 1387301 29 days

Mar 10, 2022	Off Market
Jan 10, 2022	Price Change	$325,000
Jan 1, 2022	Listed	$300,000

Frequently Asked Questions About 6708 Shannon DR, Austin TX 78724

When was 6708 Shannon DR, Austin TX 78724 built?

6708 Shannon DR, Austin TX 78724 was built in 1986.

How much does 6708 Shannon DR, Austin TX 78724 cost?

6708 Shannon DR, Austin TX 78724 sold on March 10, 2022. Contact us for sale price details.

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