7500 Sherwood RD, Austin TX 78745

Austin, TX 78745 | Elmwood Estates

Ed's Opinion of Value

$299,900 Ed's Estimate: $373,562 $499,000
Lowest Comp Recommended List: $270,000 to $280,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $373,562. For a well positioned listing in ELMWOOD ESTATES, I'd target the $270,000 to $280,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in ELMWOOD ESTATES. The 301 sqft size difference versus comparable sales is reflected in the adjusted values. The 1955 construction puts this home 21 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in ELMWOOD ESTATES, creating a buyer's market for this price range. Recent trends in 78745 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 7505 Forest Wood RD, Austin TX 78745, with an adjusted value of $423,806; 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
2 Beds
1 Baths 1 Full
1,200 Sq Ft
0.5522 Acres
1955 Built
1 Garage

About This Property

New HVAC and Water Heater install February 2023! Hidden Gem in South Austin with over a half acre lot and endless opportunities less 7 miles from Downtown! Experience the feel of Country Living without sacrificing the conveniences, restaurants and entertainment Downtown Austin has to offer. In addition to the attached covered carport, this home also features a detached garage with plumbing, electrical and gas, making it prime opportunity to finish out for rental income to off set a portion of your mortgage. This property also offers the ability to operate a business with ample space for storage and parking. Step inside this quaint home to discover vintage character and modern conveniences such as the large living space with custom built-ins, the eat-in kitchen, dedicated laundry room, and mid-century vintage bathroom. This 1200 sf home showcases 2 full bedrooms, and 1 full bathroom. The large primary suite features a walk-in closet with custom built-ins! The second bedroom provides the perfect space for a guest bedroom, or a dedicated home office. The bathroom in this home is oozing with mid-century style thanks to the original tile! Prime South Austin location provides easy access to Manchaca Rd and South 1st! Austin ISD schools include Cowan Elementary School, Covington Middle School, Bowie High School.

Features

  • Built-in Features
  • Ceiling Fan(s)
  • French Doors
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential Lease
Flooring Linoleum, Tile, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior Gutters Partial
County Travis
MLS # 5447597
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $9,064 (2022)

Listing History

MLS# 5447597 45 days
Nov 26, 2023 Off Market
Oct 11, 2023 Listed $1,900

Frequently Asked Questions About 7500 Sherwood RD, Austin TX 78745

When was 7500 Sherwood RD, Austin TX 78745 built?

7500 Sherwood RD, Austin TX 78745 was built in 1955.

How much does 7500 Sherwood RD, Austin TX 78745 cost?

7500 Sherwood RD, Austin TX 78745 sold on November 26, 2023. Contact us for sale price details.

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