1500 Summit ST # 3, Austin TX 78741

Austin, TX 78741 | Small New Townhomes Complexes

Ed's Opinion of Value

$900,000 Ed's Estimate: $1,530,045 $1,899,405
Lowest Comp Recommended List: $966,000 to $976,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,530,045. For a well positioned listing in SMALL NEW TOWNHOMES COMPLEXES, I'd target the $966,000 to $976,000 range. Against 7 similar active listings in SMALL NEW TOWNHOMES COMPLEXES, this price point lands at the 4th most expensive of 7 comparable homes on the market. The 2008 construction puts this home 21 years newer than the comp average, a factor in the pricing. At 0.43 acres, the lot is larger than the 0.15 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SMALL NEW TOWNHOMES COMPLEXES; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 1500 Summit ST # 4, Austin TX 78741, with an adjusted value of $951,865; 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
4 Baths 3 Full, 1 Half
2,487 Sq Ft
0.426 Acres
2008 Built
1 Garage

About This Property

Located in the Riverside neighborhood is this spacious multi-story three-bedroom, 3.5-bath condo with sweeping views of the downtown city skyline from every floor and deck. You will find an open layout, commercial-grade floor-to-ceiling windows, and hardwood floors spanning the main living area. The chef kitchen has granite countertops, designer tile backsplash, stainless steel appliances, including a gas stovetop, a kitchen island, bartop seating, and plenty of storage and counter space! Head to the large master suite and find carpet, multiple windows, a walk-in closet, an attached full bath with marble tile flooring, double vanity, and a roomy bathtub! Entertain guests on your private, spacious 600 sq ft rooftop deck with panoramic skyline visibility. There is a gas hookup for a grill and plenty of room to create your perfect outdoor oasis. Parts of the property need some love/work. The interior drywall and the paint are currently being updated. There is a private garage and private carport, a rare find for a downtown condo. Fantastic location located in downtown Austin and within walking distance to the Lady Bird Lake Hike and Bike Trail, Riverside dog park, close to the Oracle campus, and minutes from the cities top restaurants and nightlife attractions.

Features

  • Breakfast Bar
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Interior Steps
  • Kitchen Island
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Electric
Exterior Uncovered Courtyard, Gas Grill
County Travis
MLS # 2579286

Parking

Garage 1 spaces

HOA & Community

HOA Fee $750 /Quarterly
HOA Includes Common Area Maintenance, Landscaping

Listing History

MLS# 2579286 10 days
Jun 24, 2021 Off Market
Apr 16, 2021 Listed $975,000

Frequently Asked Questions About 1500 Summit ST # 3, Austin TX 78741

When was 1500 Summit ST # 3, Austin TX 78741 built?

1500 Summit ST # 3, Austin TX 78741 was built in 2008.

How much does 1500 Summit ST # 3, Austin TX 78741 cost?

1500 Summit ST # 3, Austin TX 78741 sold on June 24, 2021. Contact us for sale price details.

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