821 Texas TRL, Austin TX 78737

Based on 7 closed sales in 78737, the data points to a value around $512,151 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $639,000 to $643,000. Relative to what's currently available in 78737, this home would be the most affordable of 6 comparable homes on the market. Being built in 1987 (25 years older than comps) is factored into the value estimate. Lot size matters here: 0.50 acres versus 0.18 for the typical comp. Right now, 6 similar properties are competing for buyers in 78737, listed between $550,000 and $1,150,000. Market data shows 78737 prices risen 1.3% over the last half year. The closest comparable sale, 150 Saint Richie LN, Austin TX 78737 at an adjusted $510,699, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78737. 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