1202 Newning Ave # 103, Austin TX 78704

Austin, TX 78704 | Madrid Condos

Off Market

Exterior view of 1202 Newning Ave # 103, Austin TX 78704

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Ed's Opinion of Value

$286,614 Ed's Estimate: $468,985 $849,000

Lowest Comp Recommended List: $460,000 to $478,000 Highest Comp

Listing History

$2,995 List Price

$488,401 Comp Value

1 Price Reductions

This property was listed at $2,995 and withdrawn after 35 days on market. The price was reduced from $3,495 to $2,995. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $468,985. To generate strong buyer interest while maximizing value, I'd price this between $460,000 and $478,000. With 4 comparable homes on the market in MADRID CONDOS, this price positions the property as the 2nd most expensive of 4 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78704 Market Trends

$859,510 Median Sold Price ▼ 1.8% 6mo

$516/sqft Median $/SqFt ▲ 0.1% 6mo

70 days Avg Days on Market 8 days faster

340 homes Active Inventory 7.2 mo supply

96.0% Sale-to-List Ratio

282 Sales (6 months)

Recently Sold Comparables

$655,633 adjusted 2613 Carnarvon LN, Austin TX 78704 3bd / 2.0ba • 1,150 sqft • 1.3 mi Sold 1 months ago

$426,780 adjusted 2613 Nottingham LN, Austin TX 78704 3bd / 1.0ba • 1,236 sqft • 1.3 mi Sold 28 days ago

$286,614 adjusted 2303 E Side DR # 102, Austin TX 78704 2bd / 2.0ba • 1,098 sqft • 1 mi Sold 4 months ago

$540,119 adjusted 2705 Little John LN, Austin TX 78704 3bd / 2.0ba • 1,143 sqft • 1.4 mi Sold 8 months ago

$578,010 adjusted 2415 Little John LN, Austin TX 78704 2bd / 2.0ba • 1,301 sqft • 1.2 mi Sold 1 months ago

Currently on Market

$849,000 2612 Little John LN, Austin TX 78704 3bd / 2.0ba • 1,326 sqft • 1.3 mi 102 days on market

$365,000 739 E Oltorf ST, Austin TX 78704 2bd / 2.0ba • 1,130 sqft • 1 mi 1 days on market

$730,000 2510 Little John LN, Austin TX 78704 3bd / 2.0ba • 1,393 sqft • 1.2 mi 54 days on market

3 Beds

2 Baths 2 Full

1,221 Sq Ft

1966 Built

About This Property

Prime condo in the vibrant 78704 zip, a block from South Congress with the ability to SHORT TERM RENT! You can't beat this location as Home Slice, Abba, Amy's Ice Cream, Jo's Coffee, and all South Congress has to offer is less than a 3 min walk away! You are a scooter ride to Zilker Park and Downtown Austin. This would be an amazing Airbnb, or a great place to live. The community features a community pool and green space to walk your dog. Condo features an open living concept with updated counters and no carpet. All three bedrooms are great size and one bedroom has it's own walk in shower. This complex does allow short term rental. A special assessment is active until July 2024.

Features

Open Floorplan
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Travis Hts

Middle School Lively

High School Travis

Property Details

Property Type Residential Lease

Flooring Vinyl, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps

County Travis

MLS # 3232333

HOA & Community

HOA Fee $468 /Monthly

HOA Includes Landscaping, Parking

Listing History

MLS# 3232333 35 days

Jun 25, 2024	Off Market
May 21, 2024	Listed		$4,995

MLS# 2351808 23 days

May 2, 2024	Off Market
Mar 4, 2024	Listed		$355,000

MLS# 4199455 107 days (213 CDOM)

Mar 2, 2024	Off Market
Nov 16, 2023	Listed		$400,000

MLS# 6996595 42 days

Nov 9, 2023	Off Market
Sep 28, 2023	Listed		$2,400

MLS# 3285596 106 days

Nov 3, 2023	Off Market
Jul 20, 2023	Listed		$460,000

MLS# 9789808 36 days

Dec 9, 2020	Off Market
Nov 3, 2020	Listed		$350,000

MLS# 8878930 14 days

Jun 22, 2020	Off Market
May 12, 2020	Listed		$1,799

MLS# 4990803 41 days

Jun 11, 2019	Off Market
Apr 19, 2019	Listed		$1,850

MLS# 9258386 41 days

May 4, 2016	Off Market
Mar 24, 2016	Listed		$1,850

MLS# 1424587 26 days

Nov 10, 2015	Off Market
Oct 15, 2015	Listed		$1,895

Frequently Asked Questions About 1202 Newning Ave # 103, Austin TX 78704

When was 1202 Newning Ave # 103, Austin TX 78704 built?

1202 Newning Ave # 103, Austin TX 78704 was built in 1966.

How much does 1202 Newning Ave # 103, Austin TX 78704 cost?

1202 Newning Ave # 103, Austin TX 78704 is currently off market.

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