6806 Colony Loop DR, Austin TX 78724

Austin, TX 78724 | Colony Park

Ed's Opinion of Value

$155,265 Ed's Estimate: $290,067 $334,952
Lowest Comp Recommended List: $284,000 to $296,000 Highest Comp

Listing History

$315,000 List Price
$289,028 Comp Value
1 Price Reductions

This property was listed at $315,000 and withdrawn after 33 days on market. The price was reduced from $330,000 to $315,000. This listing activity factors into the valuation.

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $290,067. Pricing this home between $284,000 and $296,000 would put it in the competitive sweet spot for COLONY PARK. Relative to what's currently available in COLONY PARK, this home would be the 2nd most expensive of 4 comparable homes on the market. The smaller floor plan (176 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years newer than typical comps, the 1985 build date influences the valuation. 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
3 Beds
2 Baths 2 Full
1,089 Sq Ft
0.172 Acres
1985 Built
2 Garage

About This Property

Best and final offers due Monday, November 15 at 10am. Great investor opportunity in a rapidly appreciating East Austin neighborhood. Less than 9 miles to Tesla and 6 miles to Mueller! Tenants in place until 6/30/22. Brand new appliances convey with sale. Corner lot. HVAC and Water Heater less than 2 years old. Conveniently located near 183, 290 and 130. Survey is available. Sold “As-Is”.

Features

  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Laminate Counters
  • No Interior Steps
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Overton
Middle School Garcia

Property Details

Property Type Residential
Flooring Carpet, Tile, Vinyl
Cooling Central Air
Heating Central
Exterior Private Yard
County Travis
MLS # 3359809

Parking

Garage 2 spaces

Tax Information

Annual Taxes $3,175 (2021)

Listing History

MLS# 3359809 33 days
Nov 16, 2021 Off Market
Nov 10, 2021 Price Change $315,000
Oct 14, 2021 Listed $340,000

Frequently Asked Questions About 6806 Colony Loop DR, Austin TX 78724

When was 6806 Colony Loop DR, Austin TX 78724 built?

6806 Colony Loop DR, Austin TX 78724 was built in 1985.

How much does 6806 Colony Loop DR, Austin TX 78724 cost?

6806 Colony Loop DR, Austin TX 78724 is currently off market.

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