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6409 Moncrieff Dr
Score
0
Austin, TX

6409 Moncrieff Dr

350K
3 bd • 2 ba • 1,452 sf

This analysis was generated on 1/25/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$350,000

Price/Sq.Ft

$241

Year Built

2020

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This 2020-built home offers excellent value at $241.05/sqft, which is approximately 20% below the Austin average of $300/sqft for similar properties. The property boasts energy-efficient features, including ENERGY STAR qualified appliances and equipment, potentially saving 15-20% on utility costs. Its location near McKinney Falls State Park, Onion Creek Golf Club, and Austin-Bergstrom Airport adds significant value. The home's flood risk score of 1/10 is exceptionally low for the Austin area, where the average is around 4/10. With 3 bedrooms and 2 bathrooms in 1,452 sqft, it matches the ideal size for the median Austin household. The seller's offer to include 3 points towards closing costs (approximately $10,500) adds significant value for buyers.

The Bad

The property has been on the market for 92 days, which is about 40% longer than the Austin average of 65 days, suggesting potential pricing or market positioning issues. The recent 4.1% price reduction indicates possible overpricing initially. The home's location in the 78747 zip code puts it in a less central area of Austin, which may limit appreciation compared to more central neighborhoods. The local schools have below-average ratings (Blazier Elementary 6/10, Paredes Middle 2/10, Akins High 3/10), which could impact long-term value and desirability for families.

The Ugly

The severe heat risk (8/10) with 7 extremely hot days per year and a 98th percentile temperature of 108°F could lead to higher cooling costs and potential comfort issues. The severe wind risk (8/10) is a major concern, potentially leading to 30-40% higher insurance premiums and increased maintenance costs. These climate risks may negatively impact long-term property value and insurability. The moderate fire risk (4/10) adds another layer of potential insurance and safety concerns. The estimated insurance cost of $1,260/year seems low given these risks and may increase significantly in the future.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is ideal for first-time homebuyers or young professionals with a household income around $100,000-$120,000, based on the price point and potential mortgage payments. It's well-suited for those prioritizing energy efficiency, modern amenities, and proximity to outdoor recreation. Investors could expect a potential gross rental yield of 8.2% based on the estimated three-bedroom rental rate of $2,410/month, making it attractive for long-term buy-and-hold strategies. The property is also suitable for remote workers or frequent travelers due to its proximity to the airport and modern, open layout conducive to home offices.

Not For

This property is not suitable for large families requiring more than 3 bedrooms or those needing more than 1,452 sqft of living space. It's not ideal for buyers prioritizing top-rated schools, as the local schools have below-average ratings. Luxury home seekers or those looking for properties with high-end finishes and premium locations might find this home lacking. Investors looking for short-term rentals or quick flips may find the property's location and market position challenging for rapid appreciation or high turnover.
Demographics
Area Median Income

$86,862

Property History

Price History
Ownership Timeline
$0Cash Purchase
Feb 24, 2021
Vanessa Lynn LeeBethel Ruth Lecocq, Isaac G Lee
Transfer On Death Deed
Non-Arm's Length Transactions
$0Financed
Jul 30, 2020
Milestone Community Builders LlcVanessa Lee
Vendors Lien
New Construction Residential Transactions

Property Taxes

$0
2024 Tax Assessment
Assessed Value$340,212
Tax Rate0.00%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

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Schools

Nearby school quality by education level

Elementary

6.0/10
Good

Middle

2.0/10
Below Average

High

3.0/10
Below Average

Financials

Monthly Costs
Market Rent (3 bed)

$1,450

Get a detailed estimate on Zillow
HOA Fee

$45

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