Ed's Opinion of Value

$730,372 Ed's Estimate: $807,201 $1,100,000
Lowest Comp Recommended List: $925,000 to $968,000 Highest Comp
Based on 5 closed sales in ROCKY CREEK, the data points to a value around $807,201 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $925,000 to $968,000. This home's position in the current ROCKY CREEK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Current inventory shows 7 comparable homes in ROCKY CREEK; a buyer's market based on recent absorption. Market data shows 78738 prices fallen 2.4% over the last half year. The closest comparable sale, 16501 Leopold TRL, Austin TX 78738 at an adjusted $793,345, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in ROCKY CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
4 Baths 3 Full, 1 Half
3,596 Sq Ft
0.241 Acres
2012 Built
3 Garage

About This Property

New Drees Custom Home in Rocky Creek. The Montclair plan features the Master and a secondary Bedroom downstairs and two more Bedrooms upstairs. A Game Room and a Media Room too! July/August completion. Lake Travis Schools! DreeSmart Energy Star certified home designed to save up to 63% over older pre-owned homes. Meets the rigorous energy efficiency guidelines set by the Environmental Protection Agency and provides comfort and peace of mind.Restrictions: Yes Sprinkler Sys:Yes

Features

  • Breakfast Bar
  • High Ceilings
  • Entrance Foyer
  • Multiple Dining Areas
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Lake Travis ISD
Elementary Bee Cave
Middle School Lake Travis
High School Lake Travis

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 7585313
Garage 3 spaces

HOA & Community

HOA Fee $600 /Annually
HOA Includes Common Area Maintenance, Insurance

Listing History

MLS# 7585313 100 days
Aug 3, 2012 Off Market
Jun 24, 2012 Pending
Mar 16, 2012 Listed $455,900

Frequently Asked Questions About 8720 Fescue LN, Austin TX 78738

When was 8720 Fescue LN, Austin TX 78738 built?

8720 Fescue LN, Austin TX 78738 was built in 2012.

How much does 8720 Fescue LN, Austin TX 78738 cost?

8720 Fescue LN, Austin TX 78738 sold on August 3, 2012. Contact us for sale price details.

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