Ed's Opinion of Value

$338,878 Ed's Estimate: $391,788 $475,000
Lowest Comp Recommended List: $398,000 to $423,000 Highest Comp
The market data from 7 similar recent sales in RESERVE SOUTHPARK MEADOWS THE points to a value of approximately $391,788. To sell within a reasonable timeframe at fair market value, the $398,000 to $423,000 range is where I'd position this. With 5 comparable homes on the market in RESERVE SOUTHPARK MEADOWS THE, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. At 175 sqft smaller than the typical comp, the size difference factors into the valuation. The 2011 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in RESERVE SOUTHPARK MEADOWS THE; a balanced market based on recent absorption. In 78748, home values have fallen approximately 6% over the past 6 months. One of the strongest data points is 9401 Margaret Jewel LN, Austin TX 78748, adjusting to $398,170; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,772 Sq Ft
0.131 Acres
2011 Built
2 Garage

About This Property

Available end of March to early April. New Construction. One story, open layout, 3 sides brick/stone, oversized kitchen with island, separate tub and shower in master suite. Tile in all we areas.Restrictions: Yes Sprinkler Sys:Yes

Features

  • High Ceilings
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Williams
Middle School Paredes
High School Akins

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 6262339
Garage 2 spaces

HOA & Community

HOA Fee $500 /Annually
HOA Includes Common Area Maintenance, Landscaping

Tax Information

Annual Taxes (MLS) $815 (2010)

Listing History

MLS# 6262339 15 days
Apr 25, 2011 Off Market
Mar 22, 2011 Pending
Mar 7, 2011 Listed $230,600

Frequently Asked Questions About 9708 Alex LN, Austin TX 78748

When was 9708 Alex LN, Austin TX 78748 built?

9708 Alex LN, Austin TX 78748 was built in 2011.

How much does 9708 Alex LN, Austin TX 78748 cost?

9708 Alex LN, Austin TX 78748 sold on April 25, 2011. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.