1119 Lott Ave, Austin TX 78721

Austin, TX 78721 | Green Valley

Ed's Opinion of Value

$193,157 Ed's Estimate: $357,075 $502,923
Lowest Comp Recommended List: $350,000 to $364,000 Highest Comp

Listing History

$489,000 List Price
$351,578 Comp Value
1 Price Reductions

This property was listed at $489,000 and expired after 87 days on market. The price was reduced from $499,000 to $489,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in GREEN VALLEY points to a value of approximately $357,075. To sell within a reasonable timeframe at fair market value, the $350,000 to $364,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in GREEN VALLEY. The 465 sqft size difference versus comparable sales is reflected in the adjusted values. The 1959 construction puts this home 13 years older than the comp average, a factor in the pricing. 7 comparable transactions in GREEN VALLEY support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
1 Baths 1 Full
672 Sq Ft
0.263 Acres
1959 Built

About This Property

Gorgeous quarter acre property in near East Austin! Existing house is small but has an extra-large screened in porch for overflow living, and the property backs to a wet water creek, no rear neighbors! Kitchen and bathroom have modest updates, house is move-in ready! Efficient compact floor plan with room for king sized bed. Owner/Agent has construction drawings available for a new four bedroom home on the property, or keep the existing and expand out the back by adding additional living space and primary suite. Or live in as-is! STR projections of $38K/year in annual revenue with existing layout. Lots of options! INTEREST RATE BUY DOWN AVAILABLE!

Features

  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Stackable W/D Connections

Location

Schools

School District Austin ISD
Elementary Ortega
Middle School Martin

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central
Exterior Lighting, Private Yard, See Remarks
County Travis
MLS # 4233985

Listing History

MLS# 4233985 87 days
Dec 31, 2023 Off Market
Nov 7, 2023 Price Change $489,000
Oct 5, 2023 Listed $499,000

Frequently Asked Questions About 1119 Lott Ave, Austin TX 78721

When was 1119 Lott Ave, Austin TX 78721 built?

1119 Lott Ave, Austin TX 78721 was built in 1959.

How much does 1119 Lott Ave, Austin TX 78721 cost?

1119 Lott Ave, Austin TX 78721 is currently off market.

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