8508 Leo ST, Austin TX 78745

Off Market

Frontage : Great 1930's Country Home with cozy covered front porch, just minutes from Downtown in the heart of South Austin!

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Ed's Opinion of Value

$227,063 Ed's Estimate: $354,034 $418,305

Lowest Comp Recommended List: $405,000 to $418,000 Highest Comp

The estimated value of this property is $354,034, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $405,000 and $418,000. Against 7 similar active listings in 78745, this price point lands at the most affordable of 7 comparable homes on the market. The 109 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1930, this home is 54 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in 78745, creating a buyer's market for this price range. Recent trends in 78745 show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 2809 Wilcrest DR, Austin TX 78748, with an adjusted value of $418,305; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78745 Market Trends

$475,000 Median Sold Price ▲ 2.2% 6mo

$310/sqft Median $/SqFt ▼ 3% 6mo

64 days Avg Days on Market 5 days slower

264 homes Active Inventory 4.8 mo supply

97.1% Sale-to-List Ratio

330 Sales (6 months)

Recently Sold Comparables

$418,305 adjusted 2809 Wilcrest DR, Austin TX 78748 3bd / 2.0ba • 1,200 sqft • 0.6 mi Sold 4 months ago

$227,063 adjusted 8802 Peppergrass CV, Austin TX 78745 3bd / 2.0ba • 1,269 sqft • 0.7 mi Sold 4 months ago

$379,118 adjusted 2707 Firecrest DR, Austin TX 78748 3bd / 2.0ba • 1,325 sqft • 0.7 mi Sold 1 months ago

$369,210 adjusted 2713 Crownspoint DR, Austin TX 78748 3bd / 2.0ba • 1,326 sqft • 0.7 mi Sold 3 months ago

$348,608 adjusted 2105 Toulouse DR, Austin TX 78748 3bd / 2.0ba • 1,333 sqft • 0.8 mi Sold 4 months ago

Currently on Market

$400,000 9106 Marsh DR, Austin TX 78748 3bd / 2.0ba • 1,200 sqft • 0.5 mi 3 days on market

$395,000 9104 Wagtail DR, Austin TX 78748 3bd / 2.0ba • 1,346 sqft • 0.5 mi 9 days on market

$350,000 2609 Davis LN # 2, Austin TX 78745 2bd / 2.0ba • 1,100 sqft • 0.1 mi 419 days on market

3 Beds

1 Baths 1 Full

1,194 Sq Ft

0.942 Acres

1930 Built

2 Garage

About This Property

Rare/just under 1 Acre/great Home w/ Covered Front Porch, has all WOOD FLOORS just minutes from Downtown, in the Heart of South Austin. 1930's home has been very well maintained with 9 ft.high celings & large rooms. LG kitchen does need a remodel, but would be easy job!! Lots of windows & ceiling fans throughout! 2 Car attach Custom-built carport, Lg storage carport in back & Sm outbuilding, Back landing/storage room attached for extra fridge or Freezer! 4 Window units/lots of Space Heater throughout! Restrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Cowan

Middle School Covington

High School Bowie

Property Details

Property Type Residential

Flooring Vinyl, Wood

Cooling Wall/Window Unit(s), Other

Heating Space Heater, See Remarks

Exterior Exterior Steps, Private Yard, See Remarks

County Travis

MLS # 7909397

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $130 (2011)

Listing History

MLS# 7909397 2 days

Oct 26, 2011	Off Market
Sep 12, 2011	Pending
Sep 10, 2011	Listed	$229,500

Frequently Asked Questions About 8508 Leo ST, Austin TX 78745

When was 8508 Leo ST, Austin TX 78745 built?

8508 Leo ST, Austin TX 78745 was built in 1930.

How much does 8508 Leo ST, Austin TX 78745 cost?

8508 Leo ST, Austin TX 78745 sold on October 26, 2011. Contact us for sale price details.

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