8505 Olla Cero LN, Austin TX 78735

Austin, TX 78735 | Amarra Drive | Built by Heyl Homes

Off Market

Exterior view of 8505 Olla Cero LN, Austin TX 78735

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Ed's Opinion of Value

$2,995,000 Ed's Estimate: $3,666,914 $4,391,232

Lowest Comp Recommended List: $3,557,000 to $3,777,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $3,666,914. For a well positioned listing in AMARRA DRIVE, I'd target the $3,557,000 to $3,777,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in AMARRA DRIVE. The larger floor plan (338 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.93 acres, the lot is larger than the 0.83 acre comp average, which factors into pricing. Buyers in AMARRA DRIVE have 3 comparable options right now, with asking prices between $2,995,000 and $4,250,000. Recent trends in 78735 show home values have fallen 5.1% since 6 months ago. The most comparable recent sale is 4220 Verano DR, Austin TX 78735, with an adjusted value of $3,489,021; a strong comparable. 5 comparable transactions in AMARRA DRIVE 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

78735 Market Trends

$830,000 Median Sold Price ▼ 5.1% 6mo

$360/sqft Median $/SqFt ▼ 2.7% 6mo

51 days Avg Days on Market 15 days faster

43 homes Active Inventory 3.1 mo supply

96.8% Sale-to-List Ratio

82 Sales (6 months)

Recently Sold Comparables

$3,489,021 adjusted 4220 Verano DR, Austin TX 78735 4bd / 5.0ba • 4,673 sqft • 0.7 mi Sold 2 months ago

$4,391,232 adjusted 4401 AMARRA DR # 19, Austin TX 78735 4bd / 5.0ba • 4,342 sqft • 0.1 mi Sold 10 months ago

$3,010,572 adjusted 4217 Verano DR, Austin TX 78735 4bd / 6.0ba • 5,002 sqft • 0.7 mi Sold 5 months ago

$4,129,368 adjusted 4401 Amarra DR # 14, Austin TX 78735 4bd / 5.0ba • 3,991 sqft • 0.1 mi Sold 2 months ago

$3,214,713 adjusted 9600 Veletta PL, Austin TX 78735 4bd / 5.0ba • 3,872 sqft • 1.1 mi Sold 8 months ago

Currently on Market

$3,899,000 4401 Amarra DR # 17, Austin TX 78735 4bd / 5.0ba • 4,136 sqft • 0.1 mi 53 days on market

$4,250,000 4300 Amarra DR # 6, Austin TX 78735 4bd / 5.0ba • 4,027 sqft • 0.2 mi 95 days on market

$2,995,000 3809 Verano DR, Austin TX 78735 4bd / 5.0ba • 4,830 sqft • 1 mi 85 days on market

4 Beds

5 Baths 4 Full, 1 Half

4,714 Sq Ft

0.925 Acres

2021 Built

3 Garage

About This Property

This Spec home is currently under construction, available AUGUST, 2021! Heyl Homes launches their newest Furnished Model Home located at 4800 Amarra Dr! Tour this home and other properties that Heyl Homes has to offer in Amarra Phase II & III of Barton Creek. The model home is open Monday-Sunday 10am-5pm.

Property Highlights

Pool Gunite, In Ground, Pool/Spa Combo

Features

Bar
Ceiling Fan(s)
Beamed Ceilings
High Ceilings
Quartz Counters
Double Vanity
Eat-in Kitchen
In-Law Floorplan
Kitchen Island
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Soaking Tub
Walk-In Closet(s)
Washer Hookup
Wet Bar
Wired for Data
Wired for Sound

Location

Map loading...

Schools

School District Austin ISD

Elementary Oak Hill

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Marble, Tile, Wood

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

Heating Central, ENERGY STAR Qualified Equipment, Natural Gas, Zoned

Exterior Barbecue, Uncovered Courtyard, Electric Car Plug-in, Gas Grill, Gutters Full, Private Yard

County Travis

MLS # 6877728

Garage 3 spaces

HOA & Community

HOA Fee $1,000 /Quarterly

HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $9,397 (2020)

Listing History

MLS# 6877728 9 days

Sep 2, 2021	Off Market
Jan 22, 2021	Listed		$3,295,000

MLS# 1197094 1602 days

Jul 29, 2019	Off Market
Mar 10, 2015	Listed		$575,000

MLS# 7497789 200 days

Jul 8, 2013	Off Market
Dec 20, 2012	Listed		$500,000

Frequently Asked Questions About 8505 Olla Cero LN, Austin TX 78735

When was 8505 Olla Cero LN, Austin TX 78735 built?

8505 Olla Cero LN, Austin TX 78735 was built in 2021.

How much does 8505 Olla Cero LN, Austin TX 78735 cost?

8505 Olla Cero LN, Austin TX 78735 sold on September 2, 2021. Contact us for sale price details.

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