Ed's Opinion of Value

$397,000 Ed's Estimate: $499,318 $535,619
Lowest Comp Recommended List: $423,000 to $433,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $499,318. I'd recommend coming to market at $423,000 to $433,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in TIMBERLINE WEST. Built in 2020, this home is 10 years newer than the average comp, which is reflected in the adjustments. The 0.46 acre lot (larger than the 0.22 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in TIMBERLINE WEST; a balanced market based on recent absorption. The trend in TIMBERLINE WEST shows prices have fallen 5.8% in the past 6 months. 2620 Granite Hill DR, Leander TX 78641 nearby adjusts to $535,619; with a pool. Based on 7 relevant data points in TIMBERLINE WEST, 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
4 Beds
3 Baths 2 Full, 1 Half
2,150 Sq Ft
0.459 Acres
2020 Built
2 Garage

About This Property

Remarkable new construction, estate lot in Timberline West w/1200 sf± workshop! 4/2.5/2 with open living and 10 ft ceilings! Covered patio in back with soaring trees! Finishes will include but not be limited to large island, cooktop with built-in oven/microwave, NO CARPET, office/4th optional bdrm, master en-suite with roomy soaker tub and amazing walk-through over-sized shower, his/her vanities, 2 walk-in closets! NO HOA! Come see! Estimated completion, end May 2020. Finished product subject to change.Restrictions: Yes

Features

  • High Ceilings
  • Double Vanity
  • In-Law Floorplan
  • No Interior Steps
  • Primary Bedroom on Main
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District Leander ISD
Middle School Running Brushy
High School Leander High

Property Details

Property Type Residential
Flooring Laminate
Cooling Central Air
Heating Central, Electric
Exterior No Exterior Steps
MLS # 3587450

Parking

Garage 2 spaces

Listing History

MLS# 3587450 36 days
Aug 7, 2020 Off Market
May 23, 2020 Pending
Apr 17, 2020 Listed $375,000

Frequently Asked Questions About 1201 Oakwood DR, Leander TX 78641

When was 1201 Oakwood DR, Leander TX 78641 built?

1201 Oakwood DR, Leander TX 78641 was built in 2020.

How much does 1201 Oakwood DR, Leander TX 78641 cost?

1201 Oakwood DR, Leander TX 78641 sold on August 7, 2020. 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.