7404 Derby Downs DR, Austin TX 78747

Reviewing the most recent comparable transactions, this home's market value falls around $267,820. For a well positioned listing in SHELDON, I'd target the $294,000 to $295,000 range. In the current SHELDON market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The smaller floor plan (646 sqft compared to the average comp) is a meaningful differentiator in this price range. There are currently 5 similar homes on the market in SHELDON, ranging from $270,000 to $320,000. Recent trends in SHELDON show home values have risen 0.8% since 6 months ago. The most comparable recent sale is 6732 Derby Downs DR, Austin TX 78747, with an adjusted value of $242,820; with a larger floor plan. 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