1101 Reagan TER # A, Austin TX 78704

Austin, TX 78704 | Kenwood Place

Ed's Opinion of Value

$294,500 Ed's Estimate: $424,573 $496,524
Lowest Comp Recommended List: $416,000 to $433,000 Highest Comp

Listing History

$774,900 List Price
$409,976 Comp Value
1 Price Reductions

This property was listed at $774,900 and withdrawn after 75 days on market. The price was reduced from $799,000 to $774,900. This listing activity factors into the valuation.

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $424,573. Pricing this home between $416,000 and $433,000 would put it in the competitive sweet spot for KENWOOD PLACE. This home's position in the current KENWOOD PLACE market: the most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. The comp data here (3 sales in KENWOOD PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
2 Beds
1 Baths 1 Full
925 Sq Ft
0.1722 Acres
1972 Built

About This Property

Mid-century modern condo tucked away in the heart of Travis Heights. This two-bedroom, one-bathroom home has an open concept with vaulted ceilings and excellent natural light. The home has been completely remodeled with sealed concrete floors and an updated kitchen featuring stainless steel appliances. This exceptional residence is part of a larger real estate portfolio owned by a long-time Austin investor. The portfolio includes a carefully curated collection of eight Mid-Century Modern rental homes in Travis Heights. Over the span of a decade, these homes have been renovated with spectacular aesthetics and top-quality finishes. For those interested in a turn-key investment opportunity, this portfolio also comes with full-service, ready-to-go STR (short-term rental) management. Additionally, the existing furniture can be purchased separately for added convenience. The seller is open to considering offers on the full portfolio, partial portfolio, individual duplex homes, or separate residences labeled as A or B. Investors and developers will appreciate the range of potential options for site development, especially considering the evolving city housing and STR policies. The property will be subject to a condo regime. HOA fees will be confirmed after the condo regime is in place. Square footage and tax information are estimates and should be independently verified.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Travis Hts
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Concrete
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 9648038

HOA & Community

HOA Fee $1,600 /See Remarks
HOA Includes Insurance

Listing History

MLS# 9648038 75 days
Jun 25, 2024 Off Market
May 3, 2024 Price Change $774,900
Apr 11, 2024 Listed $799,000

Frequently Asked Questions About 1101 Reagan TER # A, Austin TX 78704

When was 1101 Reagan TER # A, Austin TX 78704 built?

1101 Reagan TER # A, Austin TX 78704 was built in 1972.

How much does 1101 Reagan TER # A, Austin TX 78704 cost?

1101 Reagan TER # A, Austin TX 78704 is currently off market.

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