1305 Payne Ave, Austin TX 78757

Off Market

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Ed's Opinion of Value

$489,000 Ed's Estimate: $607,090 $675,000

Lowest Comp Recommended List: $514,000 to $524,000 Highest Comp

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $607,090. Pricing this home between $514,000 and $524,000 would put it in the competitive sweet spot for VIOLET CROWN HEIGHTS. Relative to what's currently available in VIOLET CROWN HEIGHTS, this home would be the most expensive of 3 comparable homes on the market. Current inventory shows 3 comparable homes in VIOLET CROWN HEIGHTS; a buyer's market based on recent absorption. Market data shows VIOLET CROWN HEIGHTS prices risen 76.5% over the last half year. The closest comparable sale, 1316 Arcadia Ave, Austin TX 78757 at an adjusted $614,757, is a strong comparable. With 3 comparable sales in VIOLET CROWN HEIGHTS, 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

VIOLET CROWN HEIGHTS Market Trends

$1,185,000 Median Sold Price ▲ 76.5% 6mo

$496/sqft Median $/SqFt ▲ 3.7% 6mo

79 days Avg Days on Market 46 days slower

7 homes Active Inventory 6 mo supply

96.5% Sale-to-List Ratio

7 Sales (6 months)

Recently Sold Comparables

$614,757 adjusted 1316 Arcadia Ave, Austin TX 78757 2bd / 1.0ba • 1,049 sqft • 0.1 mi Sold 11 months ago

$624,329 adjusted 1209 Payne Ave, Austin TX 78757 2bd / 1.0ba • 1,001 sqft • 0.1 mi Sold 10 months ago

$567,259 adjusted 1010 Karen Ave, Austin TX 78757 3bd / 2.0ba • 1,362 sqft • 0.2 mi Sold 11 months ago

Currently on Market

$525,000 906 Payne Ave, Austin TX 78757 2bd / 1.0ba • 1,128 sqft • 0.3 mi 1 days on market

$675,000 1106 Arcadia Ave, Austin TX 78757 2bd / 2.0ba • 1,031 sqft • 0.2 mi 23 days on market

$489,000 7800 Lazy LN, Austin TX 78757 3bd / 1.0ba • 1,080 sqft • 1.1 mi 3 days on market

2 Beds

1 Baths 1 Full

1,116 Sq Ft

0.196 Acres

1950 Built

1 Garage

About This Property

This is the cottage you've been looking for! 2/1 with attached 1 car garage, slab foundation and big back yard with room to add on. This HOT Violet Crown neighborhood is close to everything that is cool about Austin. Don't wait to make your showing appointment. Come see it today!Restrictions: Yes

Features

Beamed Ceilings
Interior Steps
Multiple Living Areas
Primary Bedroom on Main

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 Concrete, Laminate

Cooling Central Air

Heating Central, Natural Gas

Exterior Exterior Steps

County Travis

MLS # 7346242

Garage 1 spaces

Tax Information

Annual Taxes (MLS) $1,563 (2011)

Listing History

MLS# 7346242 8 days

Apr 17, 2012	Off Market
Mar 26, 2012	Pending
Feb 2, 2012	Listed	$219,900

Frequently Asked Questions About 1305 Payne Ave, Austin TX 78757

When was 1305 Payne Ave, Austin TX 78757 built?

1305 Payne Ave, Austin TX 78757 was built in 1950.

How much does 1305 Payne Ave, Austin TX 78757 cost?

1305 Payne Ave, Austin TX 78757 sold on April 17, 2012. Contact us for sale price details.

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