1122 Colorado ST # 2005, Austin TX 78701

Off Market

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Ed's Opinion of Value

$904,301 Ed's Estimate: $1,567,705 $3,266,250

Lowest Comp Recommended List: $1,349,000 to $1,359,000 Highest Comp

Based on 7 closed sales in WESTGATE CONDO, the data points to a value around $1,567,705 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,349,000 to $1,359,000. Buyers shopping in WESTGATE CONDO right now would see this as a well positioned option among 7 comparable homes. At 201 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1965 (27 years older than comps) is factored into the value estimate. Buyers in WESTGATE CONDO have 7 comparable options right now, with asking prices between $1,390,000 and $3,266,250. Market data shows 78701 prices fallen 17.8% over the last half year. The closest comparable sale, 555 E 5th ST # 2906, Austin TX 78701 at an adjusted $1,307,681, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78701 Market Trends

$605,000 Median Sold Price ▼ 17.8% 6mo

$688/sqft Median $/SqFt ▲ 3.1% 6mo

112 days Avg Days on Market 3 days slower

221 homes Active Inventory 10.8 mo supply

94.8% Sale-to-List Ratio

123 Sales (6 months)

Recently Sold Comparables

$1,307,681 adjusted 555 E 5th ST # 2906, Austin TX 78701 3bd / 3.0ba • 2,314 sqft • 0.7 mi Sold 9 months ago

$904,301 adjusted 1507 Parkway, Austin TX 78703 3bd / 2.0ba • 2,256 sqft • 0.6 mi Sold 10 months ago

$1,039,950 adjusted 1122 Colorado ST # 2007, Austin TX 78701 3bd / 3.0ba • 1,664 sqft • 0 mi Sold 7 months ago

$1,090,499 adjusted 1122 COLORADO ST # 2001, Austin TX 78701 3bd / 3.0ba • 1,774 sqft • 0 mi Sold 10 months ago

$1,263,150 adjusted 1410 Woodlawn BLVD # C, Austin TX 78703 3bd / 4.0ba • 2,196 sqft • 1.2 mi Sold 6 months ago

Currently on Market

$3,266,250 610 Davis ST # 3804, Austin TX 78701 3bd / 4.0ba • 2,324 sqft • 1 mi 12 days on market

$1,549,000 1410 Woodlawn BLVD # B, Austin TX 78703 3bd / 4.0ba • 2,196 sqft • 1.2 mi 97 days on market

$2,150,000 1406 W 9th ST # 802, Austin TX 78703 3bd / 3.0ba • 2,302 sqft • 1 mi 9 days on market

3 Beds

4 Baths 3 Full, 1 Half

2,339 Sq Ft

0.008 Acres

1965 Built

2 Garage

About This Property

Whether you need access to the state government offices or just appreciate the proximity of the grand architecture and historical significance of its buildings, there is no location prized more than the Westgate Building adjacent to the Capitol grounds. The picturesque pink granite Texas State Capitol is framed in windows like treasured artwork on the walls of this three bedroom, three bath condominium. It’s hard to look out any window without a quick intake of breath or a swelling of pride in just how beautiful the very heart of Austin is. Looking out over the dignified landscape of the Governor’s mansion and out to City Center, this desirable space is uncontested in its impressive vistas.

Features

Bookcases
Primary Bedroom on Main
Wet Bar

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Wood

Cooling Electric

Heating Electric

Exterior Balcony

County Travis

MLS # 7077523

Garage 2 spaces

HOA & Community

HOA Fee $1,720 /Monthly

HOA Includes Common Area Maintenance, Trash, Water

Tax Information

Annual Taxes (MLS) $17,539 (2021)

Listing History

MLS# 7077523 22 days (15 CDOM)

Nov 18, 2021	Off Market
Oct 4, 2021	Listed		$1,100,000

Frequently Asked Questions About 1122 Colorado ST # 2005, Austin TX 78701

When was 1122 Colorado ST # 2005, Austin TX 78701 built?

1122 Colorado ST # 2005, Austin TX 78701 was built in 1965.

How much does 1122 Colorado ST # 2005, Austin TX 78701 cost?

1122 Colorado ST # 2005, Austin TX 78701 sold on November 18, 2021. Contact us for sale price details.

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