Ed's Opinion of Value

$711,395 Ed's Estimate: $833,880 $917,588
Lowest Comp Recommended List: $881,000 to $882,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $833,880. To generate strong buyer interest while maximizing value, I'd price this between $881,000 and $882,000. With 7 comparable homes on the market in MERIDIAN SEC, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 146 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.30 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in MERIDIAN SEC, listed between $749,949 and $985,000. The trend in MERIDIAN SEC shows prices have risen 12.8% in the past 6 months. 12304 Buvana DR, Austin TX 78739 nearby adjusts to $823,080; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 3 Full
3,369 Sq Ft
0.303 Acres
2010 Built
3 Garage

About This Property

This one story home has everything you could possible want. With 3369 sf of living on a 165' deep lot you can relax on your covered outdoor living area with built in fireplace and enjoy the greenbelt behind you. Restrictions: Yes Sprinkler Sys:Yes

Features

  • High Ceilings
  • Entrance Foyer
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Baldwin
Middle School Bailey
High School Bowie

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Natural Gas
Exterior Private Yard, See Remarks
County Travis
MLS # 5694221
Garage 3 spaces

HOA & Community

HOA Fee $150 /Quarterly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $290 (2010)

Listing History

MLS# 5694221 183 days
May 10, 2011 Off Market
Mar 31, 2011 Pending
Feb 17, 2011 Price Change $499,606
Sep 22, 2010 Listed $503,643

Frequently Asked Questions About 6720 Mitra DR, Austin TX 78739

When was 6720 Mitra DR, Austin TX 78739 built?

6720 Mitra DR, Austin TX 78739 was built in 2010.

How much does 6720 Mitra DR, Austin TX 78739 cost?

6720 Mitra DR, Austin TX 78739 sold on May 10, 2011. Contact us for sale price details.

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