Market Research Report: 16602 Denise Dr, Austin, TX 78717
Background
16602 Denise Dr is a single-family residential property located in Austin, Texas, within the 78717 ZIP code. The property was built in 1992 and encompasses a total living area of 2,306 square feet on a 7,653 square foot lot. The residence features 4 bedrooms, 2.5 bathrooms, and includes a two-car garage. The architectural style is single-story with a slab foundation and brick veneer exterior. The property is situated in the Meadows of Brushy Creek subdivision, a well-established community known for its residential appeal.
Property Details
- Address: 16602 Denise Dr, Austin, TX 78717
- Year Built: 1992
- Lot Size: 7,653 square feet
- Living Area: 2,306 square feet
- Bedrooms: 4
- Bathrooms: 2.5
- Garage: Two-car attached garage
- Exterior: Brick veneer
- Foundation: Slab
- Subdivision: Meadows of Brushy Creek
Market Analysis
Property Value Estimates
- Redfin Estimate: $505,178
- Zillow Zestimate: $474,200
These estimates suggest a market value range between $474,200 and $505,178. The variance between the two estimates may be attributed to differing valuation models and data sources.
Recent Sales Comparisons
Comparable properties in the vicinity have recently sold at the following prices:
- 16901 Tomcat Dr, Round Rock, TX 78681: Sold for $437,000 on January 8, 2026
- 8507 Chat Ln, Round Rock, TX 78681: Sold for $489,000 on January 7, 2026
- 8653 Ephraim Rd, Austin, TX 78717: Sold for $480,000 on December 9, 2025
- 16914 Dorman Dr, Round Rock, TX 78681: Sold for $460,000 on December 23, 2025
- 6050 Almelo Dr, Round Rock, TX 78681: Sold for $450,000 on October 20, 2025
These sales indicate a competitive market with properties in the area selling between $437,000 and $489,000 in recent months.
Market Trends in 78717, TX
- Median Sale Price: $585,000 (an increase of $18,000 month-over-month)
- Average Days on Market: 78 days (a decrease of 9 days month-over-month)
- Sale-to-List Price Ratio: 97.3% (a 0.1% increase month-over-month)
These trends suggest a stable and slightly improving market in the 78717 area.
Property Tax Information
The property tax assessments for 2025 are as follows:
- Land Assessment: $115,000
- Improvements Assessment: $397,423
- Total Assessment: $512,423
- Property Tax: $9,808 (an increase of 4.3% from the previous year)
The total assessment reflects the combined value of the land and improvements, while the property tax is calculated based on this total assessment.
Neighborhood and Community
The property is located in the Meadows of Brushy Creek subdivision, a residential area known for its family-friendly environment and proximity to local amenities. Nearby schools include Great Oaks Elementary School, Cedar Valley Middle School, and Round Rock High School, all of which have high ratings. The neighborhood offers a quiet setting with tree-filled surroundings, contributing to its appeal for potential buyers.
