1122 Gillespie PL # B, Austin TX 78704

Off Market

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Ed's Opinion of Value

$299,900 Ed's Estimate: $503,926 $875,000

Lowest Comp Recommended List: $301,000 to $311,000 Highest Comp

After reviewing 7 recent transactions in KENWOOD PLACE, I estimate this property's value at $503,926. A competitive list price for this home right now would fall in the $301,000 to $311,000 range. Relative to what's currently available in KENWOOD PLACE, this home would be the 3rd most expensive of 7 comparable homes on the market. At 6 years newer than typical comps, the 1968 build date influences the valuation. The larger lot (0.16 acres versus the area average of 0.10) contributes to the valuation. Buyers in KENWOOD PLACE have 7 comparable options right now, with asking prices between $265,000 and $875,000. Prices in 78704 have fallen 1.8% over the last 6 months. A similar home at 743 E Oltorf ST # 203, Austin TX 78704 carries an adjusted comparable value of $326,183, providing a strong data point. With 7 comparable sales in KENWOOD PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78704 Market Trends

$869,000 Median Sold Price ▼ 1.8% 6mo

$506/sqft Median $/SqFt ▼ 2.4% 6mo

85 days Avg Days on Market 17 days slower

363 homes Active Inventory 8.8 mo supply

96.1% Sale-to-List Ratio

248 Sales (6 months)

Recently Sold Comparables

$326,183 adjusted 743 E Oltorf ST # 203, Austin TX 78704 2bd / 1.0ba • 923 sqft • 0.5 mi Sold 6 months ago

$512,101 adjusted 500 E Riverside DR # 133, Austin TX 78704 2bd / 1.0ba • 791 sqft • 0.9 mi Sold 12 days ago

$352,991 adjusted 2215 Post RD # 1088, Austin TX 78704 2bd / 2.0ba • 928 sqft • 0.6 mi Sold 7 months ago

$304,902 adjusted 2215 Post RD # 2070, Austin TX 78704 2bd / 2.0ba • 977 sqft • 0.6 mi Sold 8 days ago

$820,273 adjusted 516 Lockhart DR, Austin TX 78704 2bd / 1.0ba • 889 sqft • 0.4 mi Sold 4 months ago

Currently on Market

$299,900 745 E Oltorf ST E # 201, Austin TX 78704 2bd / 1.0ba • 923 sqft • 0.5 mi 189 days on market

$357,000 2302 East Side DR # 28, Austin TX 78704 2bd / 2.0ba • 964 sqft • 0.5 mi 91 days on market

$875,000 503 E Live Oak St, Austin TX 78704 3bd / 1.0ba • 900 sqft • 0.5 mi 22 days on market

2 Beds

1 Baths 1 Full

925 Sq Ft

0.162 Acres

1968 Built

About This Property

Multiple Offers Received, Owner will review Thursday at noon and reserves the right to accept an offer prior to then. Mid-century modern condo tucked away in the heart of the hills of Travis Heights. This 2 bed / 1 bath condo lives like a single-family home with a private yard. The open concept floor plan with vaulted ceilings offers lots of natural light. Stainless steel appliances. Great outdoor area for entertaining and a screened-in porch to keep the bugs away. Modern concrete flooring that can easily be covered with luxury vinyl or real wood. Plenty of room to let the dog run out back! Priced below the current county tax value. These don't come available often.

Features

Ceiling Fan(s)
Quartz Counters
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Travis Hts

Middle School Fulmore

High School Travis

Property Details

Property Type Residential

Flooring Concrete

Cooling Central Air

Heating Forced Air

Exterior None

County Travis

MLS # 7684011

Listing History

MLS# 7684011 5 days (13 CDOM)

Jul 27, 2022	Off Market
Jun 25, 2022	Listed		$585,000

Frequently Asked Questions About 1122 Gillespie PL # B, Austin TX 78704

When was 1122 Gillespie PL # B, Austin TX 78704 built?

1122 Gillespie PL # B, Austin TX 78704 was built in 1968.

How much does 1122 Gillespie PL # B, Austin TX 78704 cost?

1122 Gillespie PL # B, Austin TX 78704 sold on July 27, 2022. Contact us for sale price details.

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