6903 Cherry Meadow DR, Austin TX 78745

Off Market

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Ed's Opinion of Value

$211,566 Ed's Estimate: $431,208 $519,900

Lowest Comp Recommended List: $464,000 to $483,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $431,208. For a well positioned listing in CHERRY MEADOWS, I'd target the $464,000 to $483,000 range. With 7 comparable homes on the market in CHERRY MEADOWS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in CHERRY MEADOWS; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 6915 Cherry Meadow DR, Austin TX 78745, with an adjusted value of $211,566; a strong comparable. 7 comparable transactions in CHERRY MEADOWS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

78745 Market Trends

$460,000 Median Sold Price ▼ 5.2% 6mo

$315/sqft Median $/SqFt ▼ 3.1% 6mo

62 days Avg Days on Market 7 days slower

282 homes Active Inventory 5.9 mo supply

96.7% Sale-to-List Ratio

285 Sales (6 months)

Recently Sold Comparables

$211,566 adjusted 6915 Cherry Meadow DR, Austin TX 78745 4bd / 1.0ba • 1,290 sqft • 0.1 mi Sold 3 months ago

$410,340 adjusted 6225 Hillston DR, Austin TX 78745 3bd / 2.0ba • 1,260 sqft • 0.8 mi Sold 1 months ago

$463,996 adjusted 2600 Cockburn DR, Austin TX 78745 3bd / 2.0ba • 1,265 sqft • 0.9 mi Sold 8 months ago

$457,126 adjusted 2515 McGregor DR, Austin TX 78745 3bd / 2.0ba • 1,285 sqft • 0.9 mi Sold 5 months ago

$487,858 adjusted 6609 Boleynwood DR, Austin TX 78745 3bd / 2.0ba • 1,226 sqft • 0.6 mi Sold 4 months ago

Currently on Market

$384,900 7109 Cherry Meadow DR, Austin TX 78745 3bd / 1.0ba • 1,138 sqft • 0.2 mi 239 days on market

$489,000 2600 Berkett DR, Austin TX 78745 3bd / 2.0ba • 1,243 sqft • 1 mi 43 days on market

$519,900 2609 McGregor DR, Austin TX 78745 3bd / 2.0ba • 1,343 sqft • 1 mi 36 days on market

3 Beds

1 Baths 1 Full

1,280 Sq Ft

0.147 Acres

1972 Built

1 Garage

About This Property

Investor Special in hot 78745! Property has great potential for flip or remodel buy and hold. Property is being sold AS IS. Minutes to downtown, walking to distance to restaurants, no neighbors behind you. Great curb appeal.

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Cunningham

Middle School Covington

High School Crockett

Property Details

Property Type Residential

Flooring Carpet, Linoleum

Cooling Central Air

Heating Central, Natural Gas

Exterior No Exterior Steps

County Travis

MLS # 6925449

Parking

Garage 1 spaces

Listing History

MLS# 6925449 4 days

May 25, 2017	Off Market
May 15, 2017	Pending
May 11, 2017	Listed	$170,000

Frequently Asked Questions About 6903 Cherry Meadow DR, Austin TX 78745

When was 6903 Cherry Meadow DR, Austin TX 78745 built?

6903 Cherry Meadow DR, Austin TX 78745 was built in 1972.

How much does 6903 Cherry Meadow DR, Austin TX 78745 cost?

6903 Cherry Meadow DR, Austin TX 78745 sold on May 25, 2017. Contact us for sale price details.

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