122 Laurel LN, Austin TX 78705

Austin, TX 78705 | Aldridge Place

Ed's Opinion of Value

$599,999 Ed's Estimate: $931,449 $1,273,124
Lowest Comp Recommended List: $666,000 to $676,000 Highest Comp
After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $931,449. Pricing this home between $666,000 and $676,000 would put it in the competitive sweet spot for ALDRIDGE PLACE. This home's position in the current ALDRIDGE PLACE market: the 4th most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in ALDRIDGE PLACE; a buyer's market based on recent absorption. Market data shows 78705 prices fallen 41.5% over the last half year. The closest comparable sale, 906 E 38 1/2 ST, Austin TX 78751 at an adjusted $606,390, is a strong comparable. The comp data here (6 sales in ALDRIDGE PLACE) 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
3 Beds
2 Baths 2 Full
1,638 Sq Ft
0.126 Acres
1928 Built
1 Garage

About This Property

Sumptuous finishes define this home. It's everything you need and nothing you don't. With its idyllic location in the Aldridge Place Historic District, this unique and rare Spanish Revival bungalow was designed and built in 1928 by distinguished architect Hugo Kuehne. Kuehne, founder of the University of Texas School of Architecture, who was responsible for such noted works as the Austin History Center, the Commodore Perry Hotel, and the Ritz Theater.

The sellers purchased the home in 2011 and undertook a very extensive restoration and remodel throughout 2012/2013. The project was designed by architect Ann Tucker of Studio A Group and built by Garland Turner of Woodeye Construction, with the goal of returning the home to its former glory. Unfortunately, there wasn’t much left to work with when the owners took possession in 2011; doors and mantles had been removed, windows were oddly placed, and bathrooms had been cheaply redone. Despite these setbacks, the home has always remained a neighborhood favorite. The current owners took a lot of time and thought to make decisions to recreate a timeless home that will live on for the next 100 years.

The extensive, 10 month remodel included all new electrical, plumbing, roof, HVAC ductwork and returns, major foundation and leveling work, subfloors, fully-insulated walls/ceilings, level 5 wall finish, custom millwork, kitchen, baths, lighting, steel doors, windows, fireplace and chimney, flooring, and built-ins.

The home is located in one of the most walkable parts of town. The University of Texas, Blanton Museum of Art, Central Market, Wheatsville Coop, great restaurants including Texas French Bread, El Patio, Via 313, Black’s BBQ, Hopfields, Thai Kitchen, Counter Cafe, Sip Pho all are within a few minutes walk. Beautiful Hemphill Park with its pecan tree covered paths is just out the door—perfect to meet neighbors on your daily strolls!

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Chandelier
  • Dry Bar
  • Gas Dryer Hookup
  • French Doors
  • High Speed Internet
  • Kitchen Island
  • Natural Woodwork
  • Smart Thermostat
  • Soaking Tub
  • Sound System
  • Stackable W/D Connections
  • Wired for Sound

Location

Schools

School District Austin ISD
Elementary Lee
Middle School Kealing
High School McCallum

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood
Cooling Central Air, ENERGY STAR Qualified Equipment
Heating Central
Exterior Lighting
County Travis
MLS # 7084663
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $11,627 (2020)

Listing History

MLS# 7084663 4 days
Nov 2, 2020 Off Market
Oct 5, 2020 Pending
Oct 1, 2020 Listed $1,025,000

Frequently Asked Questions About 122 Laurel LN, Austin TX 78705

When was 122 Laurel LN, Austin TX 78705 built?

122 Laurel LN, Austin TX 78705 was built in 1928.

How much does 122 Laurel LN, Austin TX 78705 cost?

122 Laurel LN, Austin TX 78705 sold on November 2, 2020. Contact us for sale price details.

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