508 Lion DR, Leander TX 78641

Leander, TX 78641 | Leander Heights

Ed's Opinion of Value

$300,000 Ed's Estimate: $417,162 $473,926
Lowest Comp Recommended List: $313,000 to $323,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $417,162. To generate strong buyer interest while maximizing value, I'd price this between $313,000 and $323,000. Against 7 similar active listings in LEANDER HEIGHTS, this price point lands at the most expensive of 7 comparable homes on the market. Being 103 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1996 construction puts this home 8 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in LEANDER HEIGHTS, ranging from $300,000 to $435,000. The trend in 78641 shows prices have fallen 4.8% in the past 6 months. 800 Red Hawk DR, Leander TX 78641 nearby adjusts to $448,215; a strong comparable. 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
4 Beds
3 Baths 2 Full, 1 Half
2,016 Sq Ft
2.04 Acres
1996 Built
1 Garage

About This Property

***Zoned Multifamily*** 2+/- acres with 2016 sq ft double wide home plus 1200 sq ft steel building: garage/workshop. Currently zoned multi-family residential, Looking for investment-minded buyer for this unique opportunity in the rapidly developing heart of Leander. Flooring is damaged in several areas and home needs updating, & TLC. Inspection report availableFEMA - Unknown Restrictions: Yes

Features

  • Bookcases
  • Vaulted Ceiling(s)
  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

School District Leander ISD
Elementary Camacho
Middle School Leander Middle
High School Glenn

Property Details

Property Type Land
Flooring Laminate
Cooling Central Air
Heating Central
Exterior Exterior Steps
MLS # 9749689

Parking

Garage 1 spaces

Listing History

MLS# 9749689 44 days
Aug 19, 2019 Off Market
Jun 6, 2019 Listed $265,000

Frequently Asked Questions About 508 Lion DR, Leander TX 78641

When was 508 Lion DR, Leander TX 78641 built?

508 Lion DR, Leander TX 78641 was built in 1996.

How much does 508 Lion DR, Leander TX 78641 cost?

508 Lion DR, Leander TX 78641 sold on August 19, 2019. Contact us for sale price details.

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