1011 Olive ST, Austin TX 78702

Austin, TX 78702 | Division

Ed's Opinion of Value

$627,205 Ed's Estimate: $789,989 $1,297,000
Lowest Comp Recommended List: $766,000 to $814,000 Highest Comp
The comparable sales data (4 recent transactions in DIVISION) supports an estimated value of $789,989. The data suggests a list price between $766,000 and $814,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 7 comparable homes on the market in DIVISION's current inventory. Being 320 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1999 (10 years older than comps) is factored into the value estimate. Buyers in DIVISION have 7 comparable options right now, with asking prices between $925,000 and $1,568,000. Prices in DIVISION have risen 20.1% over the last 6 months. A similar home at 1402 E 11th ST, Austin TX 78702 carries an adjusted comparable value of $1,027,322, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in DIVISION. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 2 Full, 1 Half
2,063 Sq Ft
0.148 Acres
1999 Built
2 Garage

About This Property

Less than a mile to the State Capitol, and just a few minutes from Franklin BBQ, this 4 bedroom/2.5 bath home is not only directly across the highway from downtown in popular central east Austin, but it has tons of features that make it special including: Solar Panels (let the Texas sun pay most of your energy bill!), a two car garage, lovely and functional renovated kitchen, bamboo floors downstairs, a covered porch off the living room and a covered balcony off the primary suite. Speaking of the primary suite, this 2010 addition has vaulted ceilings, the aforementioned covered private balcony, views of downtown, a huge walk-in closet, a soaking tub, double vanity and walk-in shower. The floor plan is great for entertaining; open downstairs with tons of windows, but with privacy from the street. The living room flows out onto the covered patio, and the kitchen leads directly to an uncovered seating area and ideal outdoor grilling spot. There's a half bath tucked away between the entry and the stairs up to the 4 bedrooms, full bath, and sweet flex space at the upstairs landing. The bedroom closest to the primary suite is set back from the rest and would make a perfect office space for someone working from home. All this on a large lot with a permanent storage shed at the back of the property, in an established neighborhood with a walk score of 88--'most errands can be accomplished on foot' (Whole Foods, Target, barbecue, coffee shops and restaurants all just a few blocks away) and a bike score of 91, 'biker's paradise'. There's even a pocket park with a splash pad, slides and swings a block away. This home comes with a bit of Austin musical history as well, as the original owner was one of the founding members of The Derailers. The current owners are only the second owners of the home. Come, check it out!

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Interior Steps
  • Open Floorplan
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Blackshear
Middle School Kealing

Property Details

Property Type Residential
Flooring Bamboo, Carpet
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 2018641

Parking

Garage 2 spaces

Tax Information

Annual Taxes $7,256 (2021)

Listing History

MLS# 2018641 14 days
Aug 16, 2022 Off Market
Jun 24, 2022 Listed $1,385,000

Frequently Asked Questions About 1011 Olive ST, Austin TX 78702

When was 1011 Olive ST, Austin TX 78702 built?

1011 Olive ST, Austin TX 78702 was built in 1999.

How much does 1011 Olive ST, Austin TX 78702 cost?

1011 Olive ST, Austin TX 78702 sold on August 16, 2022. Contact us for sale price details.

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