1113 Walton Lot 1 Lot 2 LN, Austin TX 78721

Off Market

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Ed's Opinion of Value

$350,000 Ed's Estimate: $486,107 $590,260

Lowest Comp Recommended List: $333,000 to $343,000 Highest Comp

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $486,107. I'd recommend coming to market at $333,000 to $343,000 to strike the right balance between value and market velocity. Among the similar homes currently available in TANNEHILL, this price point stands out as competitive. Built in 1940, this home is 16 years older than the average comp, which is reflected in the adjustments. The 0.48 acre lot (larger than the 0.16 acre average) is reflected in the estimate. With 7 similar homes currently listed in TANNEHILL (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have fallen 5% in the past 6 months. 3310 Goodwin Ave, Austin TX 78702 nearby adjusts to $350,475; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78721 Market Trends

$475,000 Median Sold Price ▼ 5% 6mo

$325/sqft Median $/SqFt ▼ 10% 6mo

70 days Avg Days on Market unchanged

100 homes Active Inventory 11.3 mo supply

97.6% Sale-to-List Ratio

53 Sales (6 months)

Recently Sold Comparables

$350,475 adjusted 3310 Goodwin Ave, Austin TX 78702 3bd / 1.0ba • 1,130 sqft • 0.9 mi Sold 8 months ago

$517,005 adjusted 3409 Kay ST, Austin TX 78702 3bd / 1.0ba • 1,080 sqft • 0.9 mi Sold 10 months ago

$590,260 adjusted 2603 Hidalgo ST, Austin TX 78702 3bd / 2.0ba • 1,120 sqft • 1.5 mi Sold 9 months ago

$453,913 adjusted 3704 Munson ST # 1, Austin TX 78721 3bd / 2.0ba • 1,021 sqft • 0.9 mi Sold 8 months ago

$429,230 adjusted 301 Tillery SQ W, Austin TX 78702 3bd / 1.0ba • 1,206 sqft • 1.2 mi Sold 6 months ago

Currently on Market

$505,000 4704 Gonzales ST, Austin TX 78702 3bd / 1.0ba • 1,152 sqft • 0.7 mi 90 days on market

$350,000 6302 Thurgood Ave, Austin TX 78721 3bd / 1.0ba • 1,262 sqft • 0.7 mi 59 days on market

$420,000 3303 Thompson ST, Austin TX 78702 3bd / 2.0ba • 988 sqft • 0.9 mi 43 days on market

3 Beds

1 Baths 1 Full

1,125 Sq Ft

0.477 Acres

1940 Built

About This Property

Incredible half-acre lot, subdivided into two lots; Lot 1 ( the front lot with the house)-8986 sq ft, Lot 2 (back lot) 11,778 sq ft. Total 9,638 buildable sqft. Beautiful flat lot, zero hindrance to building due to tree protection. Progressive street w/ updated homes. Rendering photos are through an architect should you want to employ them. Multiple options for this lot & development. Great for investors, developers, or a family looking to have more land.

Features

Crown Molding
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Govalle

Middle School Martin

High School Eastside Memorial

Property Details

Property Type Residential

Flooring Tile

Cooling Central Air

Heating Central

Exterior No Exterior Steps

County Travis

MLS # 2609443

Tax Information

Annual Taxes (MLS) $5,847 (2018)

Listing History

MLS# 2609443 7 days

Apr 6, 2020	Off Market
Feb 29, 2020	Pending
Feb 22, 2020	Listed	$650,000

Frequently Asked Questions About 1113 Walton Lot 1 Lot 2 LN, Austin TX 78721

When was 1113 Walton Lot 1 Lot 2 LN, Austin TX 78721 built?

1113 Walton Lot 1 Lot 2 LN, Austin TX 78721 was built in 1940.

How much does 1113 Walton Lot 1 Lot 2 LN, Austin TX 78721 cost?

1113 Walton Lot 1 Lot 2 LN, Austin TX 78721 sold on April 6, 2020. Contact us for sale price details.

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