7301 Inspiration DR, Austin TX 78724

Off Market

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Ed's Opinion of Value

$285,000 Ed's Estimate: $456,696 $509,946

Lowest Comp Recommended List: $254,000 to $264,000 Highest Comp

The estimated value of this property is $456,696, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $254,000 and $264,000. In the current LAS CIMAS market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. Built in 1984, this home is 12 years newer than the average comp, which is reflected in the adjustments. 5 similar homes are currently available in LAS CIMAS, creating a buyer's market for this price range. Recent trends in 78724 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 7005 Millrace DR, Austin TX 78724, with an adjusted value of $442,722; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78724 Market Trends

$365,338 Median Sold Price ▲ 5.5% 6mo

$204/sqft Median $/SqFt ▼ 2.6% 6mo

59 days Avg Days on Market 10 days slower

68 homes Active Inventory 7.8 mo supply

98.3% Sale-to-List Ratio

52 Sales (6 months)

Recently Sold Comparables

$442,722 adjusted 7005 Millrace DR, Austin TX 78724 3bd / 2.0ba • 1,459 sqft • 0.2 mi Sold 10 months ago

$509,946 adjusted 6610 Greensboro DR, Austin TX 78723 3bd / 2.0ba • 1,323 sqft • 0.7 mi Sold 5 months ago

$483,999 adjusted 6503 Bridgewater CV, Austin TX 78723 3bd / 2.0ba • 1,415 sqft • 0.8 mi Sold 10 months ago

$407,491 adjusted 6612 Ashland DR, Austin TX 78723 3bd / 2.0ba • 1,458 sqft • 0.7 mi Sold 5 months ago

$424,672 adjusted 3105 Lakeside DR, Austin TX 78723 4bd / 2.0ba • 1,419 sqft • 1.1 mi Sold 11 months ago

Currently on Market

$285,000 5507 Burgundy DR, Austin TX 78724 4bd / 2.0ba • 1,428 sqft • 0.2 mi 259 days on market

$375,000 8007 Colony Loop DR, Austin TX 78724 3bd / 2.0ba • 1,516 sqft • 1.6 mi 158 days on market

$329,900 6913 Shannon DR, Austin TX 78724 3bd / 1.0ba • 1,524 sqft • 1 mi 25 days on market

3 Beds

2 Baths 2 Full

1,367 Sq Ft

0.201 Acres

1984 Built

2 Garage

About This Property

Restrictions: Yes

Features

In-Law Floorplan
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Winn

Middle School Bertha Sadler Means

Property Details

Property Type Residential

Flooring Carpet, Vinyl

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 4328106

Parking

Garage 2 spaces

Listing History

MLS# 4328106 61 days

Jun 9, 2009	Off Market
Apr 3, 2009	Listed		$104,900

Frequently Asked Questions About 7301 Inspiration DR, Austin TX 78724

When was 7301 Inspiration DR, Austin TX 78724 built?

7301 Inspiration DR, Austin TX 78724 was built in 1984.

How much does 7301 Inspiration DR, Austin TX 78724 cost?

7301 Inspiration DR, Austin TX 78724 sold on June 9, 2009. Contact us for sale price details.

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