3042 Austin, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 2 bath

3042 Austin, Simi Valley, California 93063 home-pic-0

3042 Austin

Simi Valley, California 93063

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,689Sq Ft
7,840Lot Size

Property Price

LIST PRICE$899,000
EST. MARKET VALUE
$966,609
6% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$966,609 +$67,609 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3042 Austin
Subject
$899,000*
List Price
321,689$572-
A
4759 Del Rio Drive
Sold
$929,000421,612$5760.3 mi
B
3005 Mineral Wells
Sold
$860,000321,434$6000.1 mi
C
4676 Kleberg Street
Sold
$890,000321,434$6210.2 mi
D
4537 Bidwell Street
Sold
$825,000321,372$6010.8 mi
E
2304 Workman
Active
$795,000
List Price
321,372$5790.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone extensive recent renovations that align with modern quality standards. Key highlights include a fully updated kitchen with a ZLINE range and center island, a spa-like primary suite with towel warmers and custom built-ins, and significant infrastructure upgrades including a 200-amp electrical panel, tankless water heater, newer HVAC system, and solar panels. The home features an open floor plan, updated flooring, and professional landscaping with turf and a pool, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 1689.

  • Permitted Versatile Space

    The property includes a rare, permitted 450 sq. ft. workshop with power, offering significant value for a home business, gym, or potential ADU conversion for rental income.

  • Extensive Infrastructure Upgrades

    Major high-cost items have been addressed, including a substantial solar system, 200-amp electrical panel, tankless water heater, and newer HVAC, ensuring energy efficiency and reduced future maintenance.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 1689, other record living area = 1434.

  • Original Era Constraints

    Built in 1964, the property may still harbor aged peripheral systems or structural elements typical of its era that were not specifically mentioned as replaced, such as main sewer lines.

  • Market Availability

    The property is currently in 'Active Under Contract' status, which presents a challenge for new buyers as they would likely need to submit a backup offer and wait for the current escrow to fail.

About 3042 Austin

Welcome to this Texas Tract beauty — 3042 Austin. This single-story pool home with a permitted workshop is ready for you. This 3-bedroom, 2-bath home blends comfort, an open floor plan, and great curb appeal, highlighted by low-maintenance turf in both the front and backyard. Inside, you’ll love the flow of the home and thoughtful upgrades already completed, including newer heating and air conditioning, a tankless water heater, and a 200-amp electrical panel. The attic has been professionally sanitized and upgraded with blown-in insulation for added comfort and energy efficiency. The heart of the home is the kitchen — open and inviting with an island built for entertaining, crisp white cabinets with updated hardware, and a ZLINE range that’s perfect for anyone who loves to cook. You will also enjoy the expanded primary suite featuring closet built-ins designed to organize your wardrobe, plus a gorgeous primary bathroom with towel warmers — creating a true spa-like retreat. One of the standout features of this property is the permitted approximately 450 sq. ft. workshop complete with power — Ideal for a contractor, hobbyist, home gym, storage, or creative space, and with the potential to convert into an ADU to generate rental income or create the perfect space for extended family. In addition, there is an extra room behind the garage that could be used as an additional bedroom, bonus room, or the perfect home office setup. Step outside to your private backyard retreat with a sparkling pool & fresh landscaping — a true SoCal lifestyle yard built for weekends, BBQs, and summer nights. The home also includes a substantial solar system with multiple panels, helping reduce long-term utility costs. This is a rare opportunity to own a Texas Tract pool home with valuable permitted bonus space, major upgrades already done, and the kind of functionality you are looking for.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1964
Lot Size
7,840 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Simi Valley Unified Schools

Big Springs Elementary School

Grades K-6 • 0.6 mi

6/10

Valley View Middle School

Grades 6-8 • 0.5 mi

5/10

Simi Valley High School

Grades 9-12 • 1.3 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
43%
Baths2.02.0
50%
Square foot1,6891,823
40%
Lot Size7,8407,405
55%
Price$899.0K$847.0K
59%
Price per sq ft$532$472
69%
Built year19641973
22%
HOA$0$0
50%
Days on market16185
1%

Pricing History

Listed for Sale

Feb 19, 2026

$899,000

Initial Listing

Sold

Oct 23, 2019

$220,500

Public Record

Sold

Jul 15, 2015

$233,000

Public Record

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