7306 Elm Forest RD, Austin TX 78745

Austin, TX 78745 | Elmwood Estates

Ed's Opinion of Value

$359,900 Ed's Estimate: $553,476 $899,000
Lowest Comp Recommended List: $394,000 to $404,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $553,476. I'd recommend coming to market at $394,000 to $404,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in ELMWOOD ESTATES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Built in 1970, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.74 acre lot (larger than the 0.42 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in ELMWOOD ESTATES; a buyer's market based on recent absorption. The trend in 78745 shows prices have risen 2% in the past 6 months. 7505 Forest Wood RD, Austin TX 78745 nearby adjusts to $582,750; with a smaller floor plan. With 7 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
3 Beds
2 Baths 2 Full
2,015 Sq Ft
0.7401 Acres
1970 Built

About This Property

Serene sanctuary nestled right in the heart of vibrant South Austin. Stunning remodeled home on an expansive there-quarter of an acre lot. Lovely front yard with a majestic circular drive, tall shade trees and old-Austin charm. Spacious living and dining rooms feature elegant Cherrywood-style flooring and a fireplace to enjoy when summer turns to fall & winter. The kitchen has plenty of updated cabinetry, Stainless appliances, granite tops and a spacious breakfast area. Open the French doors from the kitchen to bring your gatherings outdoors. The big owner's retreat features 3 closets and an ensuite bath with double vanity and a deep soaking tub where you can unwind and relax. A dedicated office at the front of the home offers a quiet workspace, the 2nd bedroom is quite large and the 3rd bedroom enjoys its own separate, private area and entryway and a large mudroom. The exceptionally large backyard is a true park-like retreat complete with a many centuries-old live oak tree, gracefully spreading its shady branches. There’s also a garden area with peach & pear trees and room for raised beds. Extra privacy is provided by high wooden fencing toward the front. A new roof was installed in 2020. In 2023 the entire Hardi-plank exterior was freshly painted and in 2021 a new high-end tankless water heater was installed. Recent windows throughout the home provide natural light and energy efficiency. A phenomenal opportunity to own an estate-like tranquil property amidst South Austin’s artsy, vibrant energy. Low tax rate. No HOA.

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Double Vanity
  • Entrance Foyer
  • French Doors
  • Multiple Dining Areas
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Storage
  • Washer Hookup
  • Wired for Data

Location

Schools

School District Austin ISD
Elementary Casey
Middle School Bedichek
High School Akins

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood, See Remarks
Cooling Central Air
Heating Central
Exterior Exterior Steps, Garden, Private Entrance, Private Yard
County Travis
MLS # 1178772

Listing History

MLS# 1178772 2 days
Aug 21, 2023 Off Market
Jul 14, 2023 Listed $589,000

Frequently Asked Questions About 7306 Elm Forest RD, Austin TX 78745

When was 7306 Elm Forest RD, Austin TX 78745 built?

7306 Elm Forest RD, Austin TX 78745 was built in 1970.

How much does 7306 Elm Forest RD, Austin TX 78745 cost?

7306 Elm Forest RD, Austin TX 78745 sold on August 21, 2023. Contact us for sale price details.

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