1005 West Ave, Austin TX 78701

Off Market

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Ed's Opinion of Value

$433,867 Ed's Estimate: $686,697 $792,781

Lowest Comp Recommended List: $462,000 to $472,000 Highest Comp

Taking into account 7 nearby comparable sales, this property's estimated value comes to $686,697. If we were to list this property today, I'd recommend a list price in the $462,000 to $472,000 range. Relative to what's currently available in BLOCK ORIGINAL CITY, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1922 (36 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in BLOCK ORIGINAL CITY; a buyer's market based on recent absorption. The 6 month price trend in 78701: fallen 13.8%. The best comp here is 900 W Lynn ST, Austin TX 78703 at an adjusted value of $792,781, with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78701 Market Trends

$607,500 Median Sold Price ▼ 13.8% 6mo

$689/sqft Median $/SqFt ▲ 3.3% 6mo

112 days Avg Days on Market 2 days slower

218 homes Active Inventory 10.7 mo supply

94.7% Sale-to-List Ratio

122 Sales (6 months)

Recently Sold Comparables

$792,781 adjusted 900 W Lynn ST, Austin TX 78703 2bd / 1.0ba • 1,008 sqft • 0.8 mi Sold 1 months ago

$539,471 adjusted 311 W 5TH ST # 703, Austin TX 78701 1bd / 1.0ba • 1,176 sqft • 0.5 mi Sold 8 days ago

$748,987 adjusted 800 Brazos ST # 1309, Austin TX 78701 2bd / 2.0ba • 1,214 sqft • 0.6 mi Sold 5 months ago

$433,867 adjusted 1811 Palma PLZ, Austin TX 78703 2bd / 1.0ba • 1,164 sqft • 1.1 mi Sold 8 days ago

$642,683 adjusted 710 Colorado ST # 3B, Austin TX 78701 1bd / 1.0ba • 1,180 sqft • 0.4 mi Sold 4 months ago

Currently on Market

$549,900 908 Nueces ST # 18, Austin TX 78701 2bd / 2.0ba • 1,150 sqft • 0.1 mi 180 days on market

$740,000 360 Nueces ST # 1611, Austin TX 78701 2bd / 2.0ba • 1,221 sqft • 0.5 mi 12 days on market

$455,000 555 E 5th ST # 521, Austin TX 78701 1bd / 1.0ba • 1,245 sqft • 0.9 mi 247 days on market

2 Beds

1 Baths 1 Full

1,210 Sq Ft

0.087 Acres

1922 Built

1 Garage

About This Property

Terrific 1922 bungalow with MF4 zoning- Single Family Use. Home has great character and in need of renovation. Wonderful large front porch , original windows and doors , 9.5 foot ceilings , wood burning fireplace, one car garage has been converted into a workshop, home has alley access.....hard to find a house in this downtown neighborhood , 1 Hr notice to show.Restrictions: Yes

Features

Breakfast Bar
High Ceilings
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Wood

Cooling Wall/Window Unit(s)

Heating None

Exterior Exterior Steps

County Travis

MLS # 9766415

Garage 1 spaces

Tax Information

Annual Taxes (MLS) $8,596 (2016)

Listing History

MLS# 9766415 54 days

Aug 16, 2016	Off Market
Jul 10, 2016	Pending
Jun 6, 2016	Price Change	$750,000
May 17, 2016	Listed	$800,000

Frequently Asked Questions About 1005 West Ave, Austin TX 78701

When was 1005 West Ave, Austin TX 78701 built?

1005 West Ave, Austin TX 78701 was built in 1922.

How much does 1005 West Ave, Austin TX 78701 cost?

1005 West Ave, Austin TX 78701 sold on August 16, 2016. Contact us for sale price details.

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