8702 Texas Oaks DR, Austin TX 78748

The estimated value of this property is $506,259, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $610,000 and $612,000. With 7 comparable homes on the market in TEXAS OAKS, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. At 685 sqft larger than the typical comp, the size difference factors into the valuation. Built in 1982, this home is 5 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in TEXAS OAKS; a balanced market based on recent absorption. Recent trends in TEXAS OAKS show home values have risen 8.8% since 6 months ago. The most comparable recent sale is 9229 Independence LOOP, Austin TX 78748, with an adjusted value of $692,078; with a smaller floor plan. With 4 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