1300 Payne Ave # B, Austin TX 78757

Austin, TX 78757 | Violet Crown Heights | Built by MX3 Homes

Off Market

Exterior view of 1300 Payne Ave # B, Austin TX 78757

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Ed's Opinion of Value

$525,000 Ed's Estimate: $766,157 $874,630

Lowest Comp Recommended List: $562,000 to $572,000 Highest Comp

The estimated value of this property is $766,157, based on 5 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $562,000 and $572,000. Against 3 similar active listings in VIOLET CROWN HEIGHTS, this price point lands at the most expensive of 3 comparable homes on the market. At 106 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2014, this home is 9 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in VIOLET CROWN HEIGHTS; a balanced market based on recent absorption. Recent trends in VIOLET CROWN HEIGHTS show home values have risen 75.7% since 6 months ago. The most comparable recent sale is 1206 Payne Ave # B, Austin TX 78757, with an adjusted value of $790,438; a strong comparable. Based on 5 relevant data points in VIOLET CROWN HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

VIOLET CROWN HEIGHTS Market Trends

$1,250,000 Median Sold Price ▲ 75.7% 6mo

$487/sqft Median $/SqFt ▲ 1.9% 6mo

61 days Avg Days on Market 13 days slower

4 homes Active Inventory 2.7 mo supply

95.5% Sale-to-List Ratio

9 Sales (6 months)

Recently Sold Comparables

$790,438 adjusted 1206 Payne Ave # B, Austin TX 78757 3bd / 3.0ba • 1,948 sqft • 0.1 mi Sold 10 months ago

$759,880 adjusted 1208 Karen Ave # 3, Austin TX 78757 4bd / 4.0ba • 1,939 sqft • 0.1 mi Sold 4 months ago

$742,368 adjusted 1401 Alegria RD # A, Austin TX 78757 3bd / 2.0ba • 1,500 sqft • 0.2 mi Sold 9 months ago

$874,630 adjusted 1216 Arcadia Ave # 1, Austin TX 78757 4bd / 3.0ba • 2,389 sqft • 0.1 mi Sold 3 months ago

$699,840 adjusted 1216 Arcadia Ave # 2, Austin TX 78757 2bd / 3.0ba • 1,377 sqft • 0.1 mi Sold 6 months ago

Currently on Market

$740,000 900 Karen Ave # A, Austin TX 78757 3bd / 3.0ba • 1,889 sqft • 0.3 mi 28 days on market

$525,000 1210 Stobaugh ST # B, Austin TX 78757 3bd / 3.0ba • 1,894 sqft • 1.1 mi 19 days on market

$735,000 912 Sugaree Ave, Austin TX 78757 3bd / 3.0ba • 2,139 sqft • 0.7 mi 1 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,937 Sq Ft

2014 Built

1 Garage

About This Property

3K TOWARD CLOSING COSTS W/CLOSE BY 4/20/15! Over 1900 sf of quality finish out. Custom hard wood cabinetry throughout, beautiful dark walnut flooring with carpeted bedrooms and tiled wet areas. Master down with 2 bedrooms and sitting area up! Huge private landscaped and fenced yards. 2-unit condo regime will have HOA budget established by Owners. Ask about Preferred Lender incentives. Builder contract pls. Sprinkler Sys:Yes

Features

High Ceilings
Interior Steps
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Brentwood

Middle School Lamar (Austin ISD)

High School McCallum

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps, Private Yard

County Travis

MLS # 4880626

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Listing History

MLS# 4880626 21 days (113 CDOM)

Apr 17, 2015	Off Market
Mar 10, 2015	Pending
Mar 6, 2015	Price Change	$449,900
Feb 17, 2015	Listed	$464,800

MLS# 7225536 92 days

Feb 13, 2015	Off Market
Nov 13, 2014	Listed		$474,900

MLS# 9462875 40 days

May 13, 2014	Off Market
Apr 3, 2014	Listed		$474,900

Frequently Asked Questions About 1300 Payne Ave # B, Austin TX 78757

When was 1300 Payne Ave # B, Austin TX 78757 built?

1300 Payne Ave # B, Austin TX 78757 was built in 2014.

How much does 1300 Payne Ave # B, Austin TX 78757 cost?

1300 Payne Ave # B, Austin TX 78757 sold on April 17, 2015. Contact us for sale price details.

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