Ed's Opinion of Value

$983,740 Ed's Estimate: $1,086,250 $1,269,986
Lowest Comp Recommended List: $1,096,000 to $1,133,000 Highest Comp
The market data from 5 similar recent sales in MERIDIAN SEC points to a value of approximately $1,086,250. To sell within a reasonable timeframe at fair market value, the $1,096,000 to $1,133,000 range is where I'd position this. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in MERIDIAN SEC. The 399 sqft size difference versus comparable sales is reflected in the adjusted values. There are currently 4 similar homes on the market in MERIDIAN SEC, ranging from $1,050,000 to $1,697,500. In MERIDIAN SEC, home values have risen approximately 20.5% over the past 6 months. One of the strongest data points is 6617 Mitra DR, Austin TX 78739, adjusting to $1,269,986; with a smaller floor plan. The 5 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
5 Beds
5 Baths 4 Full, 1 Half
4,322 Sq Ft
0.22 Acres
2008 Built
3 Garage

About This Property

Standard Pacific Lakeridge Floorplan, 5 Bedrooms + Gameroom, Study, And Media Room, 4 .5 Baths, 3 Car Garage, Master Bedroom And Guest Bedroom Downstairs, Granite Kitchen Counter Tops, Built In Appliances, Double Oven, Microwave, Separate Shower, Jetted Garden Tub, Covered Patio.Restrictions: Yes

Features

  • Breakfast Bar
  • High Ceilings
  • Multiple Dining Areas
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Clayton
Middle School Bailey
High School Bowie

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central, Natural Gas
Exterior None
County Travis
MLS # 5577314

Parking

Garage 3 spaces

HOA & Community

HOA Fee $150 /Quarterly
HOA Includes Common Area Maintenance

Listing History

MLS# 5577314 359 days
Sep 25, 2009 Off Market
Sep 10, 2009 Pending
Mar 6, 2009 Price Change $478,935
Sep 16, 2008 Listed $518,415

Frequently Asked Questions About 7420 Mitra DR, Austin TX 78739

When was 7420 Mitra DR, Austin TX 78739 built?

7420 Mitra DR, Austin TX 78739 was built in 2008.

How much does 7420 Mitra DR, Austin TX 78739 cost?

7420 Mitra DR, Austin TX 78739 sold on September 25, 2009. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.