Ed's Opinion of Value

$1,103,640 Ed's Estimate: $1,402,412 $1,590,000
Lowest Comp Recommended List: $943,000 to $953,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,402,412. To generate strong buyer interest while maximizing value, I'd price this between $943,000 and $953,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in CAPITAL HEIGHTS. The 1927 construction puts this home 76 years older than the comp average, a factor in the pricing. At 0.24 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Buyers in CAPITAL HEIGHTS have 7 comparable options right now, with asking prices between $845,000 and $2,550,000. The trend in 78704 shows prices have risen 0% in the past 6 months. 913 Christopher ST, Austin TX 78704 nearby adjusts to $1,557,079; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 4 Full
2,350 Sq Ft
0.2422 Acres
1927 Built
2 Garage

About This Property

This remarkable 1/4 acre lot is a rare gem, offering an unparalleled opportunity to build your dream home or remodel the exisiting structure on the lot amidst the serene beauty of Bouldin Creek. Nestled in one of Austin's most prestigious neighborhoods, this lot enjoys a prime location along the banks of Bouldin Creek, providing a peaceful retreat while being just moments away from the vibrant energy of downtown Austin. This Lot Features: 1/4 acre (approximate) Backing up to Bouldin Creek, the lot boasts breathtaking views of the tranquil waters and lush greenery, creating a serene backdrop for your future home. With ample space to realize your vision, this lot offers endless possibilities for architectural creativity and outdoor living. This property comes with meticulously crafted architectural plans designed to seamlessly integrate with the natural surroundings and elevate your living experience. Designed by renowned architects, the plans embody modern elegance and thoughtful design principles. Explore the vibrant culinary scene, eclectic shops, and cultural hotspots along South Congress Avenue, just moments away. Embrace the outdoors with easy access to Zilker Park, Lady Bird Lake, and the beloved Barton Springs Pool, perfect for outdoor recreation and relaxation. Don't miss this opportunity to own a piece of Austin's finest real estate and create the home of your dreams.

Features

  • Kitchen Island
  • Primary Bedroom on Main
  • Storage
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Becker
Middle School O Henry
High School Austin

Property Details

Property Type Residential Lease
Flooring See Remarks
Cooling Other
Heating See Remarks
Exterior See Remarks
County Travis
MLS # 2067771
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $30,368 (2023)

Listing History

MLS# 2067771 5 days
Sep 9, 2024 Off Market
Aug 31, 2024 Listed $6,900

Frequently Asked Questions About 1100 S 5th ST, Austin TX 78704

When was 1100 S 5th ST, Austin TX 78704 built?

1100 S 5th ST, Austin TX 78704 was built in 1927.

How much does 1100 S 5th ST, Austin TX 78704 cost?

1100 S 5th ST, Austin TX 78704 sold on September 9, 2024. Contact us for sale price details.

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