7505 Forest Wood RD, Austin TX 78745

Off Market

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Ed's Opinion of Value

$367,107 Ed's Estimate: $437,983 $568,000

Lowest Comp Recommended List: $429,000 to $447,000 Highest Comp

The comparable sales data (7 recent transactions in ELMWOOD ESTATES) supports an estimated value of $437,983. The data suggests a list price between $429,000 and $447,000 would attract qualified buyers without leaving money on the table. Buyers shopping in ELMWOOD ESTATES right now would see this as a well positioned option among 7 comparable homes. The 162 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1960 (25 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in ELMWOOD ESTATES; a buyer's market based on recent absorption. Prices in 78745 have fallen 4.3% over the last 6 months. A similar home at 7310 Forest Wood RD, Austin TX 78745 carries an adjusted comparable value of $513,442, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78745 Market Trends

$450,000 Median Sold Price ▼ 4.3% 6mo

$299/sqft Median $/SqFt ▼ 6.6% 6mo

57 days Avg Days on Market 7 days faster

271 homes Active Inventory 4.8 mo supply

97.2% Sale-to-List Ratio

339 Sales (6 months)

$474,183 Tax Assessed (2024)

Recently Sold Comparables

$513,442 adjusted 7310 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 1,508 sqft • 0.2 mi Sold 6 months ago

$377,007 adjusted 1422 Wheatfall LN, Austin TX 78748 3bd / 2.0ba • 1,547 sqft • 0.7 mi Sold 7 months ago

$367,107 adjusted 1300 Tetbury LN, Austin TX 78748 3bd / 2.0ba • 1,503 sqft • 0.8 mi Sold 6 months ago

$414,810 adjusted 7500 Forest Wood RD, Austin TX 78745 3bd / 2.0ba • 2,726 sqft • 0.1 mi Sold 12 months ago

$412,790 adjusted 1632 Cattle TRL, Austin TX 78748 3bd / 2.0ba • 1,523 sqft • 1.2 mi Sold 10 months ago

Currently on Market

$568,000 7611 Oak Hedge PL, Austin TX 78745 3bd / 2.0ba • 1,403 sqft • 0.2 mi 215 days on market

$385,000 1404 Wheatfall LN, Austin TX 78748 3bd / 2.0ba • 1,560 sqft • 0.7 mi 11 days on market

$499,000 8909 Texas Sun DR, Austin TX 78748 3bd / 2.0ba • 1,627 sqft • 1 mi 27 days on market

3 Beds

2 Baths 2 Full

1,540 Sq Ft

0.6928 Acres

1960 Built

2 Garage

About This Property

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Nestled on over half an acre in a charming South Austin neighborhood, this three-bedroom, two-bath home sits tucked
away among majestic oak trees on a quiet, secluded street. Blending tranquility with convenience, it offers an ideal
setting for families or anyone seeking a peaceful retreat. Enjoy easy access to nearby shopping, dining, and the Austin
Metro, with downtown just a quick 15-minute drive for an stress-free commute. Potential tear down. Zoned I-SF-2.
Austin 2 Mile ETJ.

Property Highlights

View Neighborhood, Trees/Woods

Features

Ceiling Fan(s)
Laminate Counters
No Interior Steps
Open Floorplan
Primary Bedroom on Main
Storage

Location

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Schools

School District Austin ISD

Elementary Casey

Middle School Bedichek

High School Akins

Property Details

Property Type Residential

Construction Brick, Frame

Roof Composition, Shingle

Foundation Pillar/Post/Pier, Slab

Levels One

Flooring Laminate, Linoleum, Tile

Cooling Ceiling Fan(s), Central Air, Electric

Heating Central, Electric

Fireplace Masonry, Wood Burning

Exterior No Exterior Steps

County Travis

MLS # 6957657

Garage 2 spaces (Attached)

Parking 6 spaces: Attached, Concrete, Door-Multi, Driveway, Garage, Garage Faces Front, Inside Entrance, Lighted

Windows Double Pane Windows, Vinyl Windows

Security Smoke Detector(s)

Lot, Outdoor & Utilities

Lot Features Back Yard, Front Yard, Landscaped, Level, Native Plants

Patio & Porch Front Porch, Glass Enclosed, Rear Porch

Fencing Chain Link

Other Structures Shed(s)

Water Public

Sewer Public Sewer

Utilities Electricity Connected, Phone Available, Sewer Connected, Water Connected

HOA & Community

Community Features None

Tax Information

Annual Taxes (MLS) $9,397 (2024)

Assessed Value $474,183

Exemptions Homestead, Over 65

Listing History

MLS# 6957657 52 days (201 CDOM)

Mar 23, 2026	Off Market
Jan 2, 2026	Listed		$570,000

Frequently Asked Questions About 7505 Forest Wood RD, Austin TX 78745

When was 7505 Forest Wood RD, Austin TX 78745 built?

7505 Forest Wood RD, Austin TX 78745 was built in 1960. It is brick, frame construction with 1,540 square feet on a 0.6928 acre lot.

How much does 7505 Forest Wood RD, Austin TX 78745 cost?

7505 Forest Wood RD, Austin TX 78745 sold on March 23, 2026. Contact us for sale price details.

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