1502 W 5th ST # K3, Austin TX 78703

Off Market

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Ed's Opinion of Value

$314,617 Ed's Estimate: $439,673 $653,098

Lowest Comp Recommended List: $380,000 to $390,000 Highest Comp

The market data from 6 similar recent sales in VILLA WEST CONDO points to a value of approximately $439,673. To sell within a reasonable timeframe at fair market value, the $380,000 to $390,000 range is where I'd position this. Among the similar homes currently available in VILLA WEST CONDO, this price point stands out as competitive. The 131 sqft size difference versus comparable sales is reflected in the adjusted values. 3 similar homes are currently available in VILLA WEST CONDO, creating a buyer's market for this price range. In 78703, home values have fallen approximately 9.3% over the past 6 months. One of the strongest data points is 40 N Interstate 35 Highway, Austin TX 78701, adjusting to $314,617; a strong comparable. 6 comparable transactions in VILLA WEST CONDO 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

78703 Market Trends

$1,352,000 Median Sold Price ▼ 9.3% 6mo

$613/sqft Median $/SqFt ▼ 6.8% 6mo

69 days Avg Days on Market 10 days faster

146 homes Active Inventory 9.5 mo supply

94.9% Sale-to-List Ratio

92 Sales (6 months)

Recently Sold Comparables

$314,617 adjusted 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,234 sqft • 1.9 mi Sold 5 months ago

$653,098 adjusted 1502 W 5th ST # H2, Austin TX 78703 3bd / 2.0ba • 1,470 sqft • 0.1 mi Sold 23 days ago

$451,210 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 1.9 mi Sold 23 days ago

$592,231 adjusted 1201 Castle Hill ST # 105, Austin TX 78703 2bd / 2.0ba • 1,389 sqft • 0.6 mi Sold 5 months ago

$350,674 adjusted 40 N Interstate Hwy 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 1.9 mi Sold 9 months ago

Currently on Market

$449,000 1115 W 10th ST # 205, Austin TX 78703 2bd / 2.0ba • 1,251 sqft • 0.5 mi 40 days on market

$409,000 40 N Interstate 35, Austin TX 78701 2bd / 2.0ba • 1,288 sqft • 1.9 mi 63 days on market

$443,000 40 N Interstate 35 Highway, Austin TX 78701 2bd / 2.0ba • 1,234 sqft • 1.9 mi 244 days on market

2 Beds

2 Baths 2 Full

1,195 Sq Ft

0.031 Acres

1981 Built

1 Garage

About This Property

Fully remodeled to offer a modern aesthetic, this corner unit condo offers close proximity to downtown and the charm of Old West Austin. The kitchen features sleek cabinetry, quartz countertops, all new appliances, and a center island. A dining space is adjacent with a built-in storage bench for added functionality. Natural lights pours into the open living space and french doors lead you out to the covered patio offering outdoor living. The owner's suite has been upgraded with a marbled detailed walk-in shower, dual vanity, and contrasting fixtures and hardware. The versatile secondary bedroom offers patio access. Hosting a stackable laundry unit, the utility room provides convenience and storage. Includes two designated parking spaces - garage and outside. A short walk will take you to Lady Bird Lake, downtown, dining, and shopping.

Features

Bookcases
High Ceilings
Quartz Counters
Double Vanity
Electric Dryer Hookup
Kitchen Island
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Stackable W/D Connections
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Uncovered Courtyard

County Travis

MLS # 7855299

Parking

Garage 1 spaces

HOA & Community

HOA Fee $465 /Monthly

HOA Includes Maintenance Structure, Sewer, Trash, Water

Tax Information

Annual Taxes $3,558 (2021)

Listing History

MLS# 7855299 20 days (19 CDOM)

Jan 3, 2022	Off Market
Oct 12, 2021	Listed		$850,000

Frequently Asked Questions About 1502 W 5th ST # K3, Austin TX 78703

When was 1502 W 5th ST # K3, Austin TX 78703 built?

1502 W 5th ST # K3, Austin TX 78703 was built in 1981.

How much does 1502 W 5th ST # K3, Austin TX 78703 cost?

1502 W 5th ST # K3, Austin TX 78703 sold on January 3, 2022. Contact us for sale price details.

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