709 Norwalk LN, Austin TX 78703

Austin, TX 78703 | Marlton Place

Ed's Opinion of Value

$239,717 Ed's Estimate: $723,711 $1,339,718
Lowest Comp Recommended List: $220,000 to $230,000 Highest Comp
The market data from 7 similar recent sales in MARLTON PLACE points to a value of approximately $723,711. To sell within a reasonable timeframe at fair market value, the $220,000 to $230,000 range is where I'd position this. In the current MARLTON PLACE market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. Being 447 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1941 construction puts this home 10 years older than the comp average, a factor in the pricing. Buyers in MARLTON PLACE have 7 comparable options right now, with asking prices between $239,717 and $390,000. In 78703, home values have fallen approximately 8.6% over the past 6 months. One of the strongest data points is 2113 W 12th ST, Austin TX 78703, adjusting to $690,862; a strong comparable. 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
3 Beds
1 Baths 1 Full
784 Sq Ft
0.144 Acres
1941 Built
1 Garage

About This Property

The value here is in the land. This 1941 pier-and-beam home has good bones and much of its original flooring (under carpet) and lapboard (under lating siding). Tarrytown/Deep Eddy neighborhood. No need to see inside this home to appreciate the value. Walk to Mozarts, Lyons Golf Course, O. Henry school, Randalls Maudies, Deep Eddy Pool, CVS, Kirbey Lane Cafe, etc. It would be hard to overbuild here. Exceptional location! Neighborhood contains many elegant homes. No access without reasonable written offer.FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Casis
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Carpet, Linoleum
Cooling Central Air, Wall/Window Unit(s)
Heating Central
Exterior Exterior Steps
County Travis
MLS # 1392511
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $7,982 (2014)

Listing History

MLS# 1392511 19 days
Sep 1, 2015 Off Market
Jun 2, 2015 Pending
May 14, 2015 Listed $525,000

Frequently Asked Questions About 709 Norwalk LN, Austin TX 78703

When was 709 Norwalk LN, Austin TX 78703 built?

709 Norwalk LN, Austin TX 78703 was built in 1941.

How much does 709 Norwalk LN, Austin TX 78703 cost?

709 Norwalk LN, Austin TX 78703 sold on September 1, 2015. Contact us for sale price details.

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