1100 Cherico ST, Austin TX 78702

Austin, TX 78702 | Cherico Subd No

Ed's Opinion of Value

$272,796 Ed's Estimate: $312,224 $549,900
Lowest Comp Recommended List: $250,000 to $260,000 Highest Comp
After reviewing 4 recent transactions in CHERICO SUBD NO, I estimate this property's value at $312,224. A competitive list price for this home right now would fall in the $250,000 to $260,000 range. This home's position in the current CHERICO SUBD NO market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (147 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years older than typical comps, the 1945 build date influences the valuation. There are currently 7 similar homes on the market in CHERICO SUBD NO, ranging from $249,900 to $750,000. Prices in 78702 have risen 3.3% over the last 6 months. A similar home at 3310 Goodwin Ave, Austin TX 78702 carries an adjusted comparable value of $320,642, providing a strong data point. With 4 comparable sales in CHERICO SUBD NO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,132 Sq Ft
0.105 Acres
1945 Built

About This Property

This charming East Austin property offers the perfect blend of comfortable living and income potential with the renovated, detached studio. Originally built in 1945, the main house of 1100 Cherico has high ceilings, two bedrooms and one bath across 910 square feet - a thoughtful floor plan allows for access from the primary bedroom into full bath, with laundry located conveniently in between. The owners of 1100 Cherico have lovingly updated the property, making it move-in ready and perfect for entertaining or enjoying quiet time at home. New schoolhouse light fixtures offer a comfortable glow, with the quality that comes from the well-known brand. The updated electrical panel ensures peace of mind, with pre-wiring for a backup generator and the potential for an EV charging port.

Outside, an unexpected bonus - your own private, detached casita (accessory dwelling unit)! This 222 sq ft space features a separate entrance, a kitchenette, and a full bathroom, making it the perfect guest suite or income generator. The casita boasts a consistent rental income of $1,500 - $3,000 per month, offering a fantastic opportunity to offset your mortgage or create additional passive income.
The sellers have transformed the outdoor space into a low-maintenance entertainer's dream. Stone pavers and landscaping create a welcoming entrance, while the backyard beckons with lush artificial turf installed by Southern Turf. The reinforced back-left corner is perfect for setting up a fun cowboy pool for those hot Texas days. For added privacy and security, a brand new Corten steel fence and gates were installed in April 2024.

Features

  • Vaulted Ceiling(s)
  • French Doors
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Govalle
Middle School Martin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Lighting, Private Yard
County Travis
MLS # 8181320

Listing History

MLS# 8181320 13 days
Jun 18, 2024 Off Market
May 8, 2024 Listed $719,000

Frequently Asked Questions About 1100 Cherico ST, Austin TX 78702

When was 1100 Cherico ST, Austin TX 78702 built?

1100 Cherico ST, Austin TX 78702 was built in 1945.

How much does 1100 Cherico ST, Austin TX 78702 cost?

1100 Cherico ST, Austin TX 78702 sold on June 18, 2024. Contact us for sale price details.

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