8700 Melshire DR, Austin TX 78757

Austin, TX 78757 | Northwest Terrace

Ed's Opinion of Value

$442,996 Ed's Estimate: $640,506 $800,732
Lowest Comp Recommended List: $707,000 to $734,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $640,506. For a well positioned listing in NORTHWEST TERRACE, I'd target the $707,000 to $734,000 range. In the current NORTHWEST TERRACE market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1971 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in NORTHWEST TERRACE; a balanced market based on recent absorption. Recent trends in 78757 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 2701 Thrushwood DR, Austin TX 78757, with an adjusted value of $442,996; a strong comparable. 7 comparable transactions in NORTHWEST TERRACE 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
3 Beds
2 Baths 2 Full
1,627 Sq Ft
0.198 Acres
1971 Built
2 Garage

About This Property

Stunningly updated home in Northwest Terrace Section of North Shoal Creek Estates is move-in ready & better than ever! This 1,627 SF single-story home sits on an oversized lot & features 3 bedrooms & 2 full bathrooms. Entire interior has been freshly painted including all cabinetry & doors. Newly installed LVP flooring, designer fixtures, recessed lighting, and LOW-E windows allow for an abundance of natural light. Kitchen features granite countertops, stainless steel appliances, and breakfast area with large pantry. Formal dining area is open to an area that could be used as a second living area, home office, play area, etc…complete with oversized picture windows. Cozy family room with inviting gas log fireplace is open to the kitchen & backyard. Oversized primary bedroom suite complete with updated shower & walk-in closet. Two additional bedrooms provide space for guest accommodations and/or an office & share the recently remodeled full bath complete with soaking tub. Relax & entertain on the deck/pergola in the large private backyard which overlooks the custom-built tree house & other large mature trees. Potting/storage shed along with raised, irrigated garden beds make for incredible gardening. Cedar-lined closet in the garage (not included in SF) is fitted with Elfa shelving. Top-of-the-line Carrier HVAC Energy Certified System installed in 2021 along with Rheem tankless hot water heater. New roof in 2018. Google Fiber access, RING doorbell, and pre-wired security system. Easy living in the Heart of Austin. Minutes to Downtown Austin, the Domain, Q2 Soccer Stadium, major tech hubs, local shopping/dining/entertainment and much more. Convenient access to MoPac 1, Hwy 183, Lp 360, 45 Toll & I-35. Don’t miss this incredible opportunity!

Features

  • Bookcases
  • Breakfast Bar
  • Built-in Features
  • Cedar Closet(s)
  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Granite Counters
  • Crown Molding
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound

Location

Schools

School District Austin ISD
Elementary Pillow
Middle School Burnet (Austin ISD)
High School Anderson

Property Details

Property Type Residential
Flooring Laminate, Vinyl
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Heating Central, Natural Gas
Exterior Garden, Gutters Partial, Lighting, Playground, Private Yard
County Travis
MLS # 4913891
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $9,514 (2022)

Listing History

MLS# 4913891 13 days
Oct 28, 2022 Off Market
Aug 26, 2022 Listed $740,000

Frequently Asked Questions About 8700 Melshire DR, Austin TX 78757

When was 8700 Melshire DR, Austin TX 78757 built?

8700 Melshire DR, Austin TX 78757 was built in 1971.

How much does 8700 Melshire DR, Austin TX 78757 cost?

8700 Melshire DR, Austin TX 78757 sold on October 28, 2022. Contact us for sale price details.

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