705 Mountain Ridge DR, Leander TX 78641

Off Market

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Ed's Opinion of Value

$314,279 Ed's Estimate: $361,924 $396,970

Lowest Comp Recommended List: $385,000 to $391,000 Highest Comp

The estimated value of this property is $361,924, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $385,000 and $391,000. With 3 comparable homes on the market in OAK RIDGE, this price positions the property as the most expensive of 3 comparable homes on the market. The smaller floor plan (122 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.17 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. Right now, 3 similar properties are competing for buyers in OAK RIDGE, listed between $350,000 and $375,000. Recent trends in OAK RIDGE show home values have fallen 1.7% since 6 months ago. The most comparable recent sale is 708 Mountain Ridge DR, Leander TX 78641, with an adjusted value of $314,279; a strong comparable. Based on 7 relevant data points in OAK RIDGE, 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

OAK RIDGE Market Trends

$260,801 Median Sold Price ▼ 1.7% 6mo

$170/sqft Median $/SqFt ▼ 3.1% 6mo

46 days Avg Days on Market 11 days faster

7 homes Active Inventory 1.8 mo supply

98.4% Sale-to-List Ratio

24 Sales (6 months)

Recently Sold Comparables

$314,279 adjusted 708 Mountain Ridge DR, Leander TX 78641 4bd / 2.0ba • 2,092 sqft • 0.1 mi Sold 5 months ago

$395,918 adjusted 808 Springbrook LN, Leander TX 78641 4bd / 2.0ba • 2,024 sqft • 0.3 mi Sold 11 months ago

$396,970 adjusted 1212 Willow Creek DR, Leander TX 78641 4bd / 2.0ba • 2,042 sqft • 0.2 mi Sold 11 months ago

$355,409 adjusted 612 Thrush DR, Leander TX 78641 4bd / 2.0ba • 1,705 sqft • 0.2 mi Sold 4 months ago

$377,744 adjusted 707 Thrush DR, Leander TX 78641 3bd / 2.0ba • 2,118 sqft • 0.2 mi Sold 28 days ago

Currently on Market

$350,000 1105 Woodview DR, Leander TX 78641 4bd / 2.0ba • 1,791 sqft • 0.2 mi 26 days on market

$375,000 1001 Mapleridge CIR, Leander TX 78641 3bd / 2.0ba • 1,827 sqft • 0.3 mi 1 days on market

$375,000 902 Tanglewood DR, Leander TX 78641 3bd / 3.0ba • 2,254 sqft • 0.4 mi 20 days on market

4 Beds

2 Baths 2 Full

2,018 Sq Ft

0.17 Acres

1995 Built

About This Property

Buyer had a change of heart - Use it to your advantage to view this beautifully remodeled home with many updates! Spacious open floor plan with kitchen overlooking living and dining room. Kitchen remodeled in 2021 with new cabinets, granite countertops, stainless steel appliances and lighting. Tile flooring in kitchen, living room, dining room and hall (included in remodel in 2021) and laminate wood throughout bedrooms and office - no carpet! Master bath has updated dual vanities, garden tub and separate shower with seamless shower door. Relaxing backyard with beautiful pergola, patio, fire pit and large mature trees. Garage was converted into a 4th bedroom in 2016 (appraisal reflects the added square feet). About 1/3 of garage is still available for storage. Storage shed in backyard conveys. Roof replaced 2021, HVAC replaced 2021, water heater replaced 2023. Does not convey: TV's mounted on walls inside and outside, spa in backyard, curtains, fireplace in master bedroom, water fountain and bench in the front yard.

Features

Ceiling Fan(s)
Beamed Ceilings
High Ceilings
Granite Counters
Kitchen Island
Open Floorplan
Pantry
Primary Bedroom on Main
Walk-In Closet(s)

Location

Map loading...

Schools

School District Leander ISD

Elementary Pleasant Hill

Middle School Knox Wiley

High School Rouse

Property Details

Property Type Residential

Flooring Laminate, No Carpet, Tile

Cooling Central Air

Heating Central

Exterior Gutters Full, Lighting, Private Yard

County Williamson

MLS # 8536976

Tax Information

Annual Taxes $6,789 (2024)

Listing History

MLS# 8536976 12 days (10 CDOM)

Aug 12, 2024	Off Market
Jun 25, 2024	Listed		$400,000

Frequently Asked Questions About 705 Mountain Ridge DR, Leander TX 78641

When was 705 Mountain Ridge DR, Leander TX 78641 built?

705 Mountain Ridge DR, Leander TX 78641 was built in 1995.

How much does 705 Mountain Ridge DR, Leander TX 78641 cost?

705 Mountain Ridge DR, Leander TX 78641 sold on August 12, 2024. Contact us for sale price details.

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