Ed's Opinion of Value

$2,991,019 Ed's Estimate: $4,029,254 $7,995,000
Lowest Comp Recommended List: $3,908,000 to $4,150,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $4,029,254. To generate strong buyer interest while maximizing value, I'd price this between $3,908,000 and $4,150,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in BARTON CREEK SEC. The larger floor plan (1,395 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2019 construction puts this home 12 years newer than the comp average, a factor in the pricing. Buyers in BARTON CREEK SEC have 1 comparable options right now, with asking prices between $7,995,000 and $7,995,000. The trend in BARTON CREEK SEC shows prices have risen 11.4% in the past 6 months. 4908 Mirador DR, Austin TX 78735 nearby adjusts to $4,066,665; with a smaller floor plan and a pool. 7 comparable transactions in BARTON CREEK SEC support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
5 Beds
6 Baths
7,307 Sq Ft
3.213 Acres
2019 Built

About This Property

Tucked inside Escala's premier gated community of Escala, this gently terraced 3.21 acre home site is perfect for the owner looking for expansive amenities such as casita, tennis/sport court etc. Incredible 400+ frontage on Escala Drive make this property an exceptional opportunity. Preliminary plans available for 9000-11,000 heated sq ft. Design/Build Restricted by Jauregui, Austin's premier residential architect and builder. Restrictions: Yes

Location

Schools

School District Austin ISD
Elementary Oak Hill
Middle School O Henry
High School Austin

Property Details

Property Type Land
Heating None
Exterior None
County Travis
MLS # 1259443

HOA & Community

HOA Fee $430 /Quarterly

Tax Information

Annual Taxes $10,713 (2010)

Listing History

MLS# 1259443 480 days
Feb 21, 2019 Off Market
Sep 20, 2017 Listed $875,000

Frequently Asked Questions About 7920 Escala DR, Austin TX 78735

When was 7920 Escala DR, Austin TX 78735 built?

7920 Escala DR, Austin TX 78735 was built in 2019.

How much does 7920 Escala DR, Austin TX 78735 cost?

7920 Escala DR, Austin TX 78735 sold on February 21, 2019. Contact us for sale price details.

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