8700 Railsback TRL, Austin TX 78745

Austin, TX 78745 | Westgate Grove | Built by Momark/Wes Peoples Homes

Off Market

Exterior view of 8700 Railsback TRL, Austin TX 78745

Additional photos available to registered users

Ed's Opinion of Value

$386,371 Ed's Estimate: $485,529 $650,000

Lowest Comp Recommended List: $525,000 to $574,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $485,529. I'd recommend coming to market at $525,000 to $574,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78745, this price point stands out as competitive. Built in 2015, this home is 28 years newer than the average comp, which is reflected in the adjustments. The 0.11 acre lot (smaller than the 0.16 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78745 (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 8401 Longview RD, Austin TX 78745 nearby adjusts to $386,371; a strong comparable. Based on 7 relevant data points in 78745, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78745 Market Trends

$460,000 Median Sold Price ▼ 5.2% 6mo

$315/sqft Median $/SqFt ▼ 3.1% 6mo

62 days Avg Days on Market 7 days slower

282 homes Active Inventory 5.9 mo supply

96.7% Sale-to-List Ratio

285 Sales (6 months)

Recently Sold Comparables

$386,371 adjusted 8401 Longview RD, Austin TX 78745 3bd / 3.0ba • 1,645 sqft • 0.3 mi Sold 4 months ago

$485,559 adjusted 7812 Turquoise TRL, Austin TX 78749 3bd / 3.0ba • 1,616 sqft • 1.3 mi Sold 3 months ago

$470,009 adjusted 4306 Sarasota DR, Austin TX 78749 3bd / 3.0ba • 1,613 sqft • 1.6 mi Sold 9 months ago

$424,793 adjusted 4601 Copano CT, Austin TX 78749 3bd / 3.0ba • 1,590 sqft • 1.8 mi Sold 9 months ago

$525,432 adjusted 4515 Alta Loma DR, Austin TX 78749 3bd / 3.0ba • 1,554 sqft • 1.7 mi Sold 16 days ago

Currently on Market

$650,000 3410 Dalton ST # 1, Austin TX 78745 3bd / 3.0ba • 1,751 sqft • 0.8 mi 45 days on market

$455,000 7906 Evaline LN, Austin TX 78745 3bd / 3.0ba • 1,669 sqft • 0.6 mi 6 days on market

$575,000 3309 Harpers Ferry LN, Austin TX 78745 3bd / 3.0ba • 1,544 sqft • 0.9 mi 54 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,607 Sq Ft

0.1093 Acres

2015 Built

1 Garage

About This Property

Westgate Grove is an affordable housing development in south Austin offering 2-3 bedroom homes for income
qualified families and individuals, and is a City of Austin SMART Housing project. There are five models consisting of three one-story and two 2-story floor plans. Each home will have a single car garage, landscaping, and a front porch. Infrastructure was recently completed and new home construction is starting in early Spring 2015. Go see what homes are currently getting built.Restrictions: Yes Sprinkler Sys:Yes

Features

Interior Steps

Location

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Schools

School District Austin ISD

Elementary Boone

Middle School Covington

High School Bowie

Property Details

Property Type Residential

Flooring Concrete, Linoleum, Tile

Cooling Central Air

Heating Central, Electric

Exterior None

County Travis

MLS # 9591309

Parking

Garage 1 spaces

HOA & Community

HOA Fee $64 /Monthly

HOA Includes Landscaping

Listing History

MLS# 9591309 183 days

May 19, 2016	Off Market
Feb 25, 2016	Pending
Oct 26, 2015	Price Change	$192,474
Feb 24, 2015	Listed	$188,500

Frequently Asked Questions About 8700 Railsback TRL, Austin TX 78745

When was 8700 Railsback TRL, Austin TX 78745 built?

8700 Railsback TRL, Austin TX 78745 was built in 2015.

How much does 8700 Railsback TRL, Austin TX 78745 cost?

8700 Railsback TRL, Austin TX 78745 sold on May 19, 2016. Contact us for sale price details.

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