7109 Shannon DR, Austin TX 78724

Off Market

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Ed's Opinion of Value

$233,679 Ed's Estimate: $260,233 $329,900

Lowest Comp Recommended List: $319,000 to $360,000 Highest Comp

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $260,233. I'd recommend coming to market at $319,000 to $360,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in MEADOWS WALNUT CREEK. With 7 similar homes currently listed in MEADOWS WALNUT CREEK (a buyer's market), competition is a factor to consider. The trend in 78724 shows prices have risen 3.3% in the past 6 months. 7004 Colony Loop DR, Austin TX 78724 nearby adjusts to $256,864; with a larger floor plan. Based on 3 relevant data points in MEADOWS WALNUT CREEK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78724 Market Trends

$370,000 Median Sold Price ▲ 3.3% 6mo

$217/sqft Median $/SqFt ▲ 11.3% 6mo

48 days Avg Days on Market 12 days faster

79 homes Active Inventory 5.7 mo supply

98.3% Sale-to-List Ratio

83 Sales (6 months)

Recently Sold Comparables

$256,864 adjusted 7004 Colony Loop DR, Austin TX 78724 3bd / 2.0ba • 1,689 sqft • 0.1 mi Sold 5 months ago

$298,669 adjusted 7000 Carwill DR, Austin TX 78724 3bd / 2.0ba • 1,149 sqft • 0.3 mi Sold 1 months ago

$233,679 adjusted 6904 Point North DR, Austin TX 78724 3bd / 2.0ba • 1,260 sqft • 0.3 mi Sold 11 months ago

Currently on Market

$285,000 5507 Burgundy DR, Austin TX 78724 4bd / 2.0ba • 1,428 sqft • 1.1 mi 342 days on market

$329,900 6116 Perlita DR, Austin TX 78724 3bd / 3.0ba • 1,441 sqft • 0.8 mi 176 days on market

$309,000 6913 Shannon DR, Austin TX 78724 3bd / 1.0ba • 1,524 sqft • 0.2 mi 14 days on market

4 Beds

2 Baths 2 Full

1,430 Sq Ft

0.16 Acres

1995 Built

1 Garage

About This Property

Great 4/2 in Colony Park area. Well kept home features great bonus office/podcast room (partial conversion in garage). No carpet, so pets welcome (up to 3 w/ $250 pet deposit). Lots of space for work from home or roommates. 20 minutes or less to Airport, Downtown, UT, and Tesla. Stone's throw from Colony Park, Turner Recreation Center, and Overton Elementary. Pest control and monthly mowing included (additional yard work responsibility of the tenant). Each applicant must have a credit score of 650 or higher, verifiable mortgage history or minimum 2 year current rental history. Gross income must be 3 times rent, but roommates can qualify separately with income of at least 2 times the rent for each (that is, a total of 4 times total rent for two roommates, 6 times if three roommates, etc.). This won't last!

Features

Ceiling Fan(s)
Laminate Counters
No Interior Steps
Open Floorplan
Pantry

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 Lease

Flooring Laminate, No Carpet, Tile

Cooling Central Air

Heating Central

Exterior No Exterior Steps

County Travis

MLS # 9386442

Garage 1 spaces

Listing History

MLS# 9386442 2 days

Apr 3, 2022	Off Market
Mar 30, 2022	Listed		$2,000

Frequently Asked Questions About 7109 Shannon DR, Austin TX 78724

When was 7109 Shannon DR, Austin TX 78724 built?

7109 Shannon DR, Austin TX 78724 was built in 1995.

How much does 7109 Shannon DR, Austin TX 78724 cost?

7109 Shannon DR, Austin TX 78724 sold on April 3, 2022. Contact us for sale price details.

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May 31, 2013	Off Market
Apr 21, 2013	Listed		$129,000