1305 Walnut Ave, Austin TX 78702

Austin, TX 78702 | Bergstrom

Ed's Opinion of Value

$261,503 Ed's Estimate: $348,479 $461,815
Lowest Comp Recommended List: $299,000 to $309,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $348,479. For a well positioned listing in BERGSTROM, I'd target the $299,000 to $309,000 range. With 5 comparable homes on the market in BERGSTROM, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 205 sqft size difference versus comparable sales is reflected in the adjusted values. The 1951 construction puts this home 15 years older than the comp average, a factor in the pricing. The active market in BERGSTROM includes 5 comparable homes priced from $275,000 to $459,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 1303 Walnut Ave, Austin TX 78702, with an adjusted value of $461,815; with a larger floor plan. 7 comparable transactions in BERGSTROM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
1 Baths 1 Full
624 Sq Ft
0.13 Acres
1951 Built

About This Property

This is an REO (Real Estate Owned) Property which means the property was reclaimed by the lender. Home is a teardown. This is your opportunity to build your dream home in the heart of the vibrant and sought after East Austin! This is a great sized lot to make your vision come to life. Situated in the Chestnut Neighborhood, this location offers proximity to local restaurants, trendy boutiques, and the vibrant cultural scene that defines this neighborhood. Enjoy easy access to downtown Austin, parks, and the city's renowned live music venues. This is a great investment opportunity with essential utilities readily available. Don't miss out on the chance to purchase a lot in this prime location!

Features

  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring See Remarks
Cooling None
Heating None
Exterior None
County Travis
MLS # 7765552

Tax Information

Annual Taxes $8,985 (2023)

Listing History

MLS# 7765552 6 days (112 CDOM)
Apr 30, 2024 Off Market
Mar 8, 2024 Listed $359,990

Frequently Asked Questions About 1305 Walnut Ave, Austin TX 78702

When was 1305 Walnut Ave, Austin TX 78702 built?

1305 Walnut Ave, Austin TX 78702 was built in 1951.

How much does 1305 Walnut Ave, Austin TX 78702 cost?

1305 Walnut Ave, Austin TX 78702 sold on April 30, 2024. Contact us for sale price details.

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