1122 Colorado ST # 1111, Austin TX 78701

Austin, TX 78701 | Westgate Condo

Ed's Opinion of Value

$857,945 Ed's Estimate: $1,585,029 $2,180,798
Lowest Comp Recommended List: $1,249,000 to $1,259,000 Highest Comp
The market data from 7 similar recent sales in WESTGATE CONDO points to a value of approximately $1,585,029. To sell within a reasonable timeframe at fair market value, the $1,249,000 to $1,259,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in WESTGATE CONDO. The 1965 construction puts this home 44 years older than the comp average, a factor in the pricing. At 0.01 acres, the lot is smaller than the 0.07 acre comp average, which factors into pricing. The active market in WESTGATE CONDO includes 7 comparable homes priced from $1,145,000 to $2,425,500. In 78701, home values have fallen approximately 13.7% over the past 6 months. One of the strongest data points is 1122 Colorado ST # 2007, Austin TX 78701, adjusting to $966,771; with a smaller floor plan. 7 comparable transactions in WESTGATE CONDO 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
3 Beds
3 Baths 3 Full
1,846 Sq Ft
0.006 Acres
1965 Built
3 Garage

About This Property

Rare – Historic Westgate Building! 3/3 corner unit with great natural light with unparalleled views of the State Capitol, Governors Mansion and Downtown Austin. Rare view that will never be blocked by new construction. Above the hustle and bustle of the streets, you will enjoy entertaining in the open living area with balconies and views. The spacious dining area is just right for an intimate dinner party and the bedrooms are private with views and balconies of their own. Unique floor plan, provides a more private setting for the 3rd bedroom. Set apart with small kitchen for extra privacy. Floor-to-ceiling glass doors in every room make for lots of natural daylight and stunning views of the hill country day and night. This unit comes with 3 parking spaces in the attached Westgate parking garage. There is absolutely no better location for anyone needing quick access to the Capitol or downtown Austin.
It’s turnkey, from furnishings to dishes, just move in!
Monthly HOA fee ($1250 fluctuates based on usage) includes 24/7 concierge, water, basic cable, trash, insurance as well as electricity.
9th floor to see the gym and laundry room
25th floor is newly renovated Skylounge and roof top pool.

Features

  • Ceiling Fan(s)
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Carpet, Tile
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 2934206
Garage 3 spaces

HOA & Community

HOA Fee $1,250 /Monthly
HOA Includes Common Area Maintenance, Electricity, Insurance, Sewer, Trash, Water, See Remarks

Tax Information

Annual Taxes (MLS) $22,931 (2021)

Listing History

MLS# 2934206 9 days (8 CDOM)
May 12, 2022 Off Market
Apr 13, 2022 Listed $1,195,000

Frequently Asked Questions About 1122 Colorado ST # 1111, Austin TX 78701

When was 1122 Colorado ST # 1111, Austin TX 78701 built?

1122 Colorado ST # 1111, Austin TX 78701 was built in 1965.

How much does 1122 Colorado ST # 1111, Austin TX 78701 cost?

1122 Colorado ST # 1111, Austin TX 78701 sold on May 12, 2022. Contact us for sale price details.

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