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9215 Ashton Rdg
Austin, TX

9215 Ashton Rdg

$874,000
4 bd • 3 ba • 3,003 sf

This analysis was generated by artificial intelligence on 1/27/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

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AI Property Analysis

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List Price

$874,000

Price/Sq.Ft

$291

Year Built

1985

AI Property Analysis

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

The Good

• Large living space: With 3,003 square feet, this four-bedroom house offers ample space for families or those needing extra room. This is significantly larger than the average single-family home in Austin, which is closer to 2,000 sqft. • Top-rated school district: the property is located within the catchment area for Spicewood Elementary, Canyon Vista Middle, and Westwood High, all of which have a 9/10 rating. This is a major draw for families with school-aged children. • Recent price reductions: the property has had two price decreases recently (1.1% and 0.1%) which may indicate that the seller is motivated to sell and may be open to negotiation. • Flood Risk is Minimal (1/10): The low flood risk provides peace of mind and reduces the need for flood insurance. • Strong local economy: the median income of $108,686 in the area suggests a stable and affluent community, which can be a positive sign for long-term property value.

The Bad

• Age of the property: being built in 1985, the home is now 39 years old. This means it may require significant upgrades to meet modern standards, including electrical, plumbing, and HVAC systems. Buyers should budget for these potential costs. • Limited property feature details: the listing lacks specifics on property features beyond a microwave. This absence of details makes it difficult to assess the true value and condition of the property. • High days on market: at 118 days, the property has been on the market for a longer period than average in the current Austin market. This could indicate that the property is overpriced or has some less-desirable features. • Generic property description: the description uses generic terms like "charming" and "sophistication" without providing concrete details about the property's unique aspects or recent renovations. This lack of specific information makes it harder to evaluate the property's true value. • Lack of detailed room descriptions: The listing only mentions the primary bedroom and bathroom, with no specifics on the other rooms. This lack of information makes it difficult for buyers to assess the layout and functionality of the home.

The Ugly

• Potential for high utility costs: the 'Severe' heat risk (7/10) and 7 hot days/year will likely result in high air conditioning costs during the summer. The property uses an electric central system, which can be expensive to operate and maintain. • Potential for unexpected repair costs: given the property's age (built in 1985), there is a higher likelihood of needing repairs to older systems (plumbing, electrical, HVAC). Buyers should budget for these potential costs. • Major Wind Risk (6/10): The property's high wind risk score may result in higher insurance premiums and the potential for property damage from severe storms. • High Total Ownership Costs: Assuming a 20% down payment and 7% interest, the mortgage could be ~$5,100/month. Adding ~$262/month insurance and ~$833/month property taxes, the total is ~$6,200/month. This does not include utilities, maintenance, or potential upgrades. • Limited details on upgrades: The description mentions a "fresh, neutral paint scheme" and "stainless steel appliances", but lacks details about the age or quality of these features. This lack of specificity can make it difficult for buyers to assess the true condition and value of the property.

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

• Families seeking a well-established home in a top-rated school district: the property is within 2 miles of Spicewood Elementary, Canyon Vista Middle, and Westwood High, all boasting a 9/10 rating. This is ideal for families prioritizing education. • Buyers comfortable with potential heat risks: while the home has central AC, the "Severe" heat risk (7/10) and 7 hot days per year mean owners should be prepared for higher energy consumption during summer months. • Homeowners looking for a spacious property: with 3,003 sqft, this four-bedroom home is significantly larger than the average Austin single-family home, which is around 2,000 sqft. This provides ample room for families or those needing extra space. • Buyers seeking convenience: the property is in a well-established neighborhood with access to major roads and amenities, making daily commutes and errands easier. • Purchasers with a household income of $150,000+: Given the estimated monthly mortgage payment of around $5,100 (assuming 20% down and 7% interest), along with annual insurance costs of $3,146.4 and property taxes (~$10,000/year), the total monthly ownership costs should be around $6,000-$6,500. This requires a household income of $150,000+ to maintain a debt-to-income ratio below 40%.

Not For

• First-time homebuyers with limited budgets: The high price point ($874,000) and associated costs (mortgage, taxes, insurance) are likely to be prohibitive for those with smaller budgets. • Buyers seeking a modern or recently updated home: built in 1985, this property may require updates and renovations to meet modern standards. • Individuals sensitive to heat: the "Severe" heat risk (7/10) and 7 hot days per year could make this property less appealing for those who are very sensitive to high temperatures. • Buyers with a low-risk tolerance: the 'Major' wind risk (6/10) and potential need for upgrades may introduce some uncertainty for risk-averse buyers. • Buyers seeking a walkable neighborhood: this property is likely more car-dependent than some other areas of Austin. If walkability is a priority, this may not be the right fit.
Demographics
Area Median Income

$108,686

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Risk Assessment

Climate Risks

heatSEVERE

7 extreme heat days per year

98th percentile: 108°F

windMAJOR

Insurance: Required

fireMODERATE

Insurance: Recommended

airMINOR

1 bad air quality days per year

floodMINIMAL

FEMA Zone: X_UNSHADED

Insurance: Optional

Risk Analysis

• High heat risk: The
Insurance
Annual Cost

$3,146

$262 per month

Financials

Monthly Costs
Market Rent (4 bed)

$2,720

Get a detailed rental estimate on Zillow®
HOA Fee

$3

Price History

Property Taxes

$0
2024 Tax Assessment
100.0%from previous year
Assessed Value$799,323
Tax Rate0.00%

Location & Comparables

Subject Property
Comparable Sales
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