1407 Newton ST, Austin TX 78704

Austin, TX 78704 | Swisher

Ed's Opinion of Value

$649,000 Ed's Estimate: $908,803 $1,600,724
Lowest Comp Recommended List: $677,000 to $687,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $908,803. To generate strong buyer interest while maximizing value, I'd price this between $677,000 and $687,000. Among the similar homes currently available in SWISHER, this price point stands out as competitive. The 1946 construction puts this home 12 years older than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. The active market in SWISHER includes 7 comparable homes priced from $649,000 to $1,095,000. The trend in 78704 shows prices have fallen 3.5% in the past 6 months. 1116 Mission RDG, Austin TX 78704 nearby adjusts to $711,851; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
1 Baths 1 Full
1,695 Sq Ft
0.096 Acres
1946 Built
1 Garage

About This Property

Fully restored 1940's bungalow located in the heart of South Congress with unmatched walkability. Extremely strong STR/Airbnb potential, see docs. This meticulously renovated gem includes 2 bedrooms, 1 bathroom and an office with tasteful updates including all new fixtures, fresh paint, updated tile flooring, restored original hardwood floors and custom built-ins. The kitchen has been fully re-imagined boasting Calacatta Apuano Marble countertops, custom cabinetry and Café + Fisher&Paykel appliances. This property includes an ultra-rare Texas basement, with a range of creative conversions possible, space could be updated to a hidden space/speakeasy, production/recording studio or additional living space. The attic has the potential to be converted into livable square footage as well. The property qualifies for a small lot exemption. Owners could add an estimated additional 200 sqft or develop entirely. Low Tax Rate. Cash flow positive Airbnb opportunity. All information provided is deemed reliable, but is not guaranteed and should be independently verified. Owner/Agent Sale, Listing Agent is current property owner. All offers to agent email.

Features

  • Ceiling Fan(s)
  • Laminate Counters
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • No Interior Steps
  • Primary Bedroom on Main
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Travis Hts
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Carpet, Concrete, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Electric
Exterior Exterior Steps, Gutters Full, Lighting, Private Yard
County Travis
MLS # 9600454
Garage 1 spaces

Listing History

MLS# 9600454 47 days
Dec 29, 2023 Off Market
Nov 17, 2023 Price Change $1,175,000
Oct 6, 2023 Listed $1,275,000

Frequently Asked Questions About 1407 Newton ST, Austin TX 78704

When was 1407 Newton ST, Austin TX 78704 built?

1407 Newton ST, Austin TX 78704 was built in 1946.

How much does 1407 Newton ST, Austin TX 78704 cost?

1407 Newton ST, Austin TX 78704 sold on December 29, 2023. Contact us for sale price details.

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