1407 2 Greenwood Ave # 2, Austin TX 78721

Austin, TX 78721 | Greenwood Heights | Built by Fortunate Foundations

Off Market

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Ed's Opinion of Value

$474,900 Ed's Estimate: $692,805 $720,861

Lowest Comp Recommended List: $512,000 to $522,000 Highest Comp

After reviewing 3 recent transactions in GREENWOOD HEIGHTS, I estimate this property's value at $692,805. A competitive list price for this home right now would fall in the $512,000 to $522,000 range. Relative to what's currently available in GREENWOOD HEIGHTS, this home would be the most expensive of 4 comparable homes on the market. The larger lot (0.27 acres versus the area average of 0.20) contributes to the valuation. With 4 similar homes currently listed in GREENWOOD HEIGHTS (a buyer's market), competition is a factor to consider. Prices in 78721 have fallen 5% over the last 6 months. A similar home at 1609 Greenwood Ave # A, Austin TX 78721 carries an adjusted comparable value of $717,104, providing a strong data point. With 3 comparable sales in GREENWOOD 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

78721 Market Trends

$475,000 Median Sold Price ▼ 5% 6mo

$331/sqft Median $/SqFt ▼ 8.1% 6mo

69 days Avg Days on Market 6 days slower

108 homes Active Inventory 11.8 mo supply

97.6% Sale-to-List Ratio

55 Sales (6 months)

Recently Sold Comparables

$717,104 adjusted 1609 Greenwood Ave # A, Austin TX 78721 3bd / 3.0ba • 1,722 sqft • 0.1 mi Sold 8 months ago

$635,523 adjusted 1206 Deloney ST # B, Austin TX 78721 3bd / 4.0ba • 2,009 sqft • 0.2 mi Sold 1 months ago

$720,861 adjusted 1406 Cometa ST # 1, Austin TX 78721 3bd / 3.0ba • 1,652 sqft • 0.4 mi Sold 8 months ago

Currently on Market

$650,000 1604 Greenwood Ave # A, Austin TX 78721 3bd / 3.0ba • 1,766 sqft • 0.1 mi 62 days on market

$500,000 1126 Lott Ave # B, Austin TX 78721 3bd / 3.0ba • 1,772 sqft • 1 mi 39 days on market

$474,900 4707 Leslie Ave # A, Austin TX 78721 3bd / 3.0ba • 1,699 sqft • 0.8 mi 25 days on market

2 Beds

3 Baths 2 Full, 1 Half

1,872 Sq Ft

0.273 Acres

2020 Built

1 Garage

About This Property

With a passion for Green Building, the team at Fortunate Foundations has ensured that each home is environmentally-friendly and comes equipped with energy-efficient features including solar panels, energy star-rated appliances, spray foam and continuous exterior insulation sheathing, and more. The main home features 2 bedrooms and 2.5 bathrooms with a one car garage. The detached garage apartment is 1 bed/1 bath with a one car garage used as multigenerational living or as a short-term rental with income-producing potential. Guest Accommodations: Yes Save $1400 off your mortgage with this income producing property!

Features

High Ceilings
Interior Steps
Recessed Lighting
Walk-In Closet(s)
Granite Counters

Location

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Schools

School District Austin ISD

Elementary Sims

Middle School Garcia

High School Reagan

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central, Solar

Exterior Private Yard

County Travis

MLS # 3662998

Garage 1 spaces

HOA & Community

HOA Fee $30 /Monthly

HOA Includes See Remarks

Listing History

MLS# 3662998 92 days

May 6, 2021	Off Market
Aug 27, 2020	Listed		$675,000

Frequently Asked Questions About 1407 2 Greenwood Ave # 2, Austin TX 78721

When was 1407 2 Greenwood Ave # 2, Austin TX 78721 built?

1407 2 Greenwood Ave # 2, Austin TX 78721 was built in 2020.

How much does 1407 2 Greenwood Ave # 2, Austin TX 78721 cost?

1407 2 Greenwood Ave # 2, Austin TX 78721 sold on May 6, 2021. Contact us for sale price details.

Similar Properties

$475,000 2514 E 4th ST # B, Austin TX 78702 2 bd | 3 ba

$474,900 4707 Leslie Ave # A, Austin TX 78721 3 bd | 3 ba

$474,990 1301 Sweet Bark ST, Austin TX 78745 3 bd | 3 ba

$474,999 8350 Summerwood DR, Austin TX 78759 2 bd | 2 ba

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