742 Oakwood Drive
Austin, TX 78701 · 4 bd · 2.5 ba · 2,140 sqft · Built 2008
Estimated value
$487,000
Confidence ±$8,200 (1.7%) · 4 of 4 models active
No AVM is bulletproof. We refund $50 if a licensed appraisal lands >10% above this number. See how we got here →
Listed
$499,000
Days on market
23
Price / sqft
$227
Walk score
72 / 100
Overall score
6.8
Fair
Property history
5 recorded events
TX is a non-disclosure state — sale prices on recorded deeds aren't public.
View full 5-event timeline
Price reduced
2026-04-08
From $510,000 · −2.2%
$499,000
Listed for sale
2026-02-27
MLS-2026-78701-742 · 23 days on market
$510,000
Withdrawn from market
2024-09-15
Listed at $525K · 47 days on market
Sold (recorded)
2018-06-22
Warranty Deed · last 6 yrs +60.6% per FHFA HPI
$310,000
Sold (recorded)
2009-04-14
Warranty Deed
$192,500
Payment breakdown
Monthly cost
Estimated
$—
Adjust price · down · rate · taxes · insurance
Principal & interest
$—
$—
Mortgage insurance
$0
$0
Mortgage insurance is usually required for down payments below 20%. Estimated at 0.5% of loan balance annually.
Property taxes
$—
$—
$499,000 × 1.18% = $5,888/yr
Rate from assessor · actual taxes assessed may vary year-to-year.
Home insurance
$
National median is ~0.4% of home value annually. Coastal storm-exposure zones (FL/LA/TX) typically run 1.5–3× higher.
HOA fees
$
HOA fees may include property taxes on listings classified as Co-Ops. Verify with the listing agent.
Utilities
$
Typical for a 2140 sqft home: $200–500/mo (electric, gas, water, internet, trash). Varies by climate + occupants.
Estimates only. Mortgage data per Freddie Mac PMMS as of 2026-04-25. Insurance default uses national median (~0.4%/yr).
Location intel
Climate risks & neighborhood
FEMA flood zone
Zone X (unshaded)
Minimal-risk flood area per FEMA NFHL.
Neighborhood
Trousdale Estates
Austin, TX · ZIP 78701
Climate-risk data sourced from FEMA NFHL (flood). Wildfire + extreme-heat indices from First Street Foundation are on the methodology roadmap.
How we got to $487,000
The math behind the valuation, step by step.
Starting point
$233/sqft
Median of 12 nearest comps,
weighted by recency + similarity
Subject sqft
2,140
From Travis County tax record,
verified against listing
Comp-anchored value
$498,620
Before any property-specific
adjustments
Adjustments
9 line items · $498,620 anchor → $487,000 final
Kitchen remodel
Quartz, soft-close. NAR 2025: 71-86% recoup.
+$8.4K
Lot 12% larger
7,200 sqft vs 6,420 median · $8/sqft of dirt.
+$6.2K
Walk Score 72 vs 64
$480/point above local mean (Redfin 2024).
+$3.8K
Owned solar (paid off)
7.2 kW · transferable warranty thru 2034.
+$5.5K
Master bath dated (Grade C)
$4-7K refresh expected · staining at base.
−$4.2K
Roof 14 yrs · 2 hail claims
Replacement window 3-7 yrs · ~$14K.
−$8.4K
No 2nd parking spot
Comp median 2-car · subject 1 + driveway.
−$5.8K
23 days on market
0.3%/wk softness past local median DOM.
−$5.2K
High-traffic corner lot
East Riverside × Oakwood · 8,400 ADT (TxDOT 2024) · 1.5% corner discount in this micro-market.
−$11.4K
Net adjustments
+$24.0K positive · −$35.0K negative
−$11,020
Ensemble of 4 valuation models
Different lenses, similar answers — that's why we're confident.
Comparable-sales model (45% weight)
$487,600
12 sales within 0.5 mi past 90 days, weighted by similarity in sqft, beds, year built, lot size, condition. Sale-price-per-sqft × subject sqft, with the 9 adjustments above.
Hedonic regression model (25% weight)
$489,200
Multivariate regression on 14 features (sqft, beds, baths, year, lot, school rating, walkability, etc.) trained on 18,400 Travis County sales 2022-2026. R² = 0.81.
Appreciation-adjusted last sale (15% weight)
$481,800
Subject last sold 2018 for $342,000. Bouldin Creek HPI: +41% cumulative through Q1 2026 (FHFA all-transactions). $342K × 1.41 = $482K.
Income approach — gross rent multiplier (15% weight)
$489,000
Comparable rentals: $2,950/mo. Bouldin Creek GRM: 13.8× annual rent. $2,950 × 12 × 13.8 = $488,520. Confirms the price isn't out of line for an investor underwriting.
Weighted ensemble
Bayesian-weighted by each model's historical accuracy on similar-age, similar-price-band properties. Spread between models is the dominant driver of the confidence interval.
Final estimate
$487,000
Confidence interval: $478,800 – $495,200
Aggressive offer
$469,000
−6% vs ask. Likely countered. Use only if a second buyer drops out and you're the only offer at week 4+.
Recommended offer
$481,000
−3.6% vs ask. Threads the needle: defensible from comps, leaves room for repair credits, gets accepted ~70% of the time at this DOM.
Walk-away cap
$495,000
If you must have this house. Above $495K you're paying a premium not supported by any of the 4 models.
Comparable sales
4 sold in the last 90 days within ½ mile
$478,000
722 Oakwood Dr
sqft
$/sqft
ago
$495,000
812 Magnolia Ln
sqft
$/sqft
ago
$465,500
1106 Cedar Ct
sqft
$/sqft
ago
$502,000
655 Pinehurst Dr
sqft
$/sqft
ago
Currently for sale nearby
What you're competing against right now
Active
$489,000
−$10K851 Magnolia St · 0.3 mi
Recently dropped $10K. Slightly larger sqft + 2-car garage. Direct competitor.
Pending
$485,000
in escrow1240 Oakwood Dr · 0.4 mi
Went under contract Apr 21 at $485K. Closest live signal on what your seller will actually accept.
Active
Stale
$525,000
+$26K vs you901 Cedar Ct · 0.5 mi
Listed 62 days, no offers. Sellers asking past peak. Use as your "see what overpricing looks like" negotiation tool.
Contingent
$472,500
option pending414 Pine St · 0.6 mi
Buyer in option period (TX). 1-in-7 contingent deals fall through — backup-offer opportunity.
$/sqft · 0.5 mi radius
Where this home sits on the local price curve.
12 comps within 0.5 mi. Subject's $/sqft is highlighted in black against the local distribution.
Percentile
58th
vs median
+$2/sqft
Std dev
$11/sqft
Z-score
+0.18
Neighborhood map
Subject + every comp within ½ mile
Comps used
15 / mi²
Active + pending listings
Closest sold
0.13 mi
722 Oakwood · $478K
2nd closest
0.21 mi
1240 Oakwood · $485K
Median $/sqft
+$5K avg
Backs onto creek path
Market context
Austin · last 90 days
Median DOM
17days
+5 days vs 90d ago
List-to-sale
97.4%
−1.8 pts vs 90d ago
Price cuts
31%
+9 pts vs 90d ago
Active inventory
42homes
+14% vs 90d ago
Median sale price
$483K
Median days on market
17 days
Translation: Austin market signals are what they are. Use the price-cut + DOM trend above to gauge how aggressive your offer can be — properties past 45 days on market typically accept 5–7% below ask in any cooling market.
Property profile
This home vs comp average
Sqft
2,140 vs 2,055 avg
Lot size
7,200 vs 6,420 avg
Vintage
2008 vs 2002 avg
Read: The subject beats the comp average on most dimensions — driving our estimate above the simple comp median.
Photo condition analysis
AI graded every room from the listing photos
Kitchen
Score 9.1 / 10Recently remodeled. Quartz counters, soft-close cabinets, gas range. No deferred maintenance flagged.
Living room
Score 8.0 / 10Engineered hardwood, dated baseboards. Some wear near patio door — minor refinish, $400-700.
Master bath
Score 6.4 / 10Original tile, builder-grade vanity, water staining around shower base. Budget $4-7k for refresh.
Risk profile
What could go wrong, and how worried to be
Flood
Zone X · Outside SFHA
Insurance optional · ~$249/yr if elected (NFIP preferred).
Hurricane / Storm
Hail-belt
No notable storm exposure on record.
Property tax burden
1.18% rate
$5,888/yr · vs national median 1.10%.
HOA
None
No HOA on the listing.
Neighborhood
Trousdale Estates · Austin
72
Walk
45
Transit
68
Bike
Schools
Travis Heights Elementary
PK-5 · 0.4 mi
Lively Middle School
6-8 · 1.1 mi
Travis High School
9-12 · 1.8 mi
Cost of ownership
$3,768/ month
Assumes 20% down, 30-yr fixed at 6.40%. Adjust in the Payment Breakdown calculator above.
Recommended offer
$481,000 — with these contingencies
Offer price
$481,000
3.6% under ask
Earnest money
$9,000
2% of offer · held in escrow
Option period
10 days
$200 fee · TX standard
Why this offer works
23 days on market signals softness. Most Austin homes in this price band sell in 14–28 days. Past 30, sellers typically entertain 2–4% off ask; past 60, 5–8%.
Texas option period. Lock the 10-day inspection window — leverage for repair credits without losing earnest money if you walk.
Hail-belt state (TX). Ask the seller for a recent roof inspection report. TX averages $14K hail-replacement claims; budget for a new roof if the current one is past 12 years.
Negotiation leverage
Balanced — no clear advantage.
No strong leverage signals on either side — proceed at the recommended offer price.
Next steps
Six things to do this week
Send the offer at $481,000
AI-drafted letter is in your workspace. Includes 10 days option period, $9,000 earnest money, 30-day close, financing + appraisal contingencies.
You · ~15 min · no cost
Get pre-approved on a mortgage
Sellers in Austin discount no-pre-approval offers by ~3% — that's $14,430 of leverage walking away. Shortlisted lenders are in your workspace.
You + lender · ~30 min · free
Schedule the home inspection
Texas option period clock starts at offer acceptance. Typical fee $450–$650 for a 2140 sqft home; on-site time 3 hr. Findings feed straight into the AI inspection-response generator.
Inspector · 3 hr on-site · $450–$650
Choose a title company
In TX, the buyer chooses the title company. Look for <30-day closes and strong wire-fraud controls. Estimated cost $1,247 at close (0.25% of price).
You · ~10 min · ~$1,247 at close
Send the seller their net sheet
If they push back on $481,000, show them what they actually walk away with. Often the difference between $481,000 and $499,000 is much smaller after closing costs — unlocks the deal.
Their agent · ~5 min · no cost
Watch for fall-through opportunities
~1 in 7 contingent / pending deals fall through. If a nearby home with similar specs goes contingent, set an alert — you've already done the underwriting and can move fast.
You · ~10 min · no commitment
Sample report rendered with mock data. Real reports use live MLS comps, FEMA flood data, GreatSchools ratings, and AI photo analysis. Run yours →