7500 Elm Forest RD, Austin TX 78745

Off Market

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Ed's Opinion of Value

$300,000 Ed's Estimate: $344,584 $649,000

Lowest Comp Recommended List: $404,000 to $409,000 Highest Comp

Based on 7 closed sales in ELMWOOD ESTATES, the data points to a value around $344,584 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $404,000 to $409,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in ELMWOOD ESTATES's current inventory. Being 429 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1964 (15 years older than comps) is factored into the value estimate. The strength of this estimate comes from 7 directly comparable sales in ELMWOOD ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78745 Market Trends

$475,000 Median Sold Price ▲ 2.2% 6mo

$310/sqft Median $/SqFt ▼ 3.7% 6mo

64 days Avg Days on Market 5 days slower

261 homes Active Inventory 4.8 mo supply

97.0% Sale-to-List Ratio

324 Sales (6 months)

Recently Sold Comparables

$404,002 adjusted 7310 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 1,508 sqft • 0.1 mi Sold 2 months ago

$416,970 adjusted 7505 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 1,540 sqft • 0.1 mi Sold 3 months ago

$372,678 adjusted 7500 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 2,726 sqft • 0.1 mi Sold 7 months ago

$314,856 adjusted 781 Latteridge DR, Austin TX 78748 2bd / 2.0ba • 975 sqft • 0.7 mi Sold 1 months ago

$356,049 adjusted 720 Great Britain BLVD, Austin TX 78748 3bd / 2.0ba • 1,138 sqft • 0.9 mi Sold 5 days ago

Currently on Market

$400,000 4501 Gillis ST, Austin TX 78745 3bd / 1.0ba • 944 sqft • 2.4 mi 27 days on market

$300,000 6711 West Gate BLVD # A, Austin TX 78745 2bd / 1.0ba • 1,035 sqft • 1.4 mi 116 days on market

$649,000 4502 S 1st ST, Austin TX 78745 3bd / 1.0ba • 888 sqft • 2.5 mi 1 days on market

3 Beds

1 Baths 1 Full

999 Sq Ft

0.409 Acres

1964 Built

About This Property

Are you looking for a property that has the potential to double or triple its value in less than 5 years? One that is just minutes from the proposed Tesla Gigafactory in addition to being close to downtown Austin, ABIA, Southpark Meadows, Barton Creek Mall, Parkside Village. Easy Access to IH35 and Mopac

Then this could be the property for you:
Location…Location…Location
Coveted Elm Wood Estates area of 78745.
Owner/Agent

999 Sqft
3 Bed/1 Bath
Updated Kitchen.
New AC (7/2021) and weatherization (7/2021)
Corner lot.
Mature Oak Trees
Fully fenced back yard, two sheds (Convey), one full electrical installed.
Pad setup for 27ft RV
.4088 acre (17807.12 sqft) per TCAD.
Current zoning SF2
Sold As-is

Property for re -zoning MH to SF3 (.25 miles away) was approved June 6,2019

Features

Ceiling Fan(s)
Quartz Counters
High Speed Internet
Primary Bedroom on Main
Smart Thermostat
Storage
Washer Hookup

Location

Map loading...

Schools

School District Austin ISD

Elementary Casey

Middle School Bedichek

High School Akins

Property Details

Property Type Residential

Flooring Tile, Vinyl

Cooling Ceiling Fan(s), Central Air, Electric, ENERGY STAR Qualified Equipment

Heating Central, ENERGY STAR Qualified Equipment, Natural Gas

Exterior Private Yard, RV Hookup

County Travis

MLS # 1797670

Tax Information

Annual Taxes (MLS) $4,732 (2021)

Listing History

MLS# 1797670 31 days

Oct 1, 2021	Off Market
Aug 31, 2021	Listed		$565,000

Frequently Asked Questions About 7500 Elm Forest RD, Austin TX 78745

When was 7500 Elm Forest RD, Austin TX 78745 built?

7500 Elm Forest RD, Austin TX 78745 was built in 1964.

How much does 7500 Elm Forest RD, Austin TX 78745 cost?

7500 Elm Forest RD, Austin TX 78745 is currently off market.

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