1205 - 1209 1/2 Garden ST, Austin TX 78702

Austin, TX 78702 | Canterbury Square

Ed's Opinion of Value

$689,920 Ed's Estimate: $1,130,383 $1,274,900
Lowest Comp Recommended List: $1,108,000 to $1,153,000 Highest Comp

Listing History

$3,999,995 List Price
$1,010,816 Comp Value
1 Price Reductions

This property was listed at $3,999,995 and withdrawn after 143 days on market. The price was reduced from $4,500,000 to $3,999,995. This listing activity factors into the valuation.

After reviewing 7 recent transactions in CANTERBURY SQUARE, I estimate this property's value at $1,130,383. A competitive list price for this home right now would fall in the $1,108,000 to $1,153,000 range. Relative to what's currently available in CANTERBURY SQUARE, this home would be no active comparable homes on the market. The larger floor plan (2,837 sqft compared to the average comp) is a meaningful differentiator in this price range. At 41 years older than typical comps, the 1926 build date influences the valuation. The comp data here (7 sales in CANTERBURY SQUARE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
8 Beds
4 Baths 4 Full
4,224 Sq Ft
0.429 Acres
1926 Built

About This Property

Incredible opportunity in east Austin - this property includes 4 cottages across 2 lots, with alley access. All 4 cottages are income producing with tenants in place. Each home is a 2BR/1BA, in great condition. This is a great opportunity to acquire an income producing property now, and redevelop in the future. Invest in PRIME real estate in the best city in the galaxy for planned investment, relocation, best large city real estate market. Short walks to all kinds of parks, commercial and mixed used developments, core business district, and more. This is THE SPOT in Austin and a crown jewel in your portfolio.

Features

  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Sanchez
Middle School Martin
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Private Yard
County Travis
MLS # 2482272

Tax Information

Annual Taxes (MLS) $19,024 (2021)

Listing History

MLS# 2482272 143 days
Jun 6, 2022 Off Market
Mar 23, 2022 Price Change $3,999,995
Jan 14, 2022 Listed $4,500,000

Frequently Asked Questions About 1205 - 1209 1/2 Garden ST, Austin TX 78702

When was 1205 - 1209 1/2 Garden ST, Austin TX 78702 built?

1205 - 1209 1/2 Garden ST, Austin TX 78702 was built in 1926.

How much does 1205 - 1209 1/2 Garden ST, Austin TX 78702 cost?

1205 - 1209 1/2 Garden ST, Austin TX 78702 is currently off market.

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