1506 Preston Ave, Austin TX 78703

Austin, TX 78703 | Pemberton Heights

Ed's Opinion of Value

$1,162,061 Ed's Estimate: $1,298,336 $1,875,000
Lowest Comp Recommended List: $1,479,000 to $1,529,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,298,336. Pricing this home between $1,479,000 and $1,529,000 would put it in the competitive sweet spot for PEMBERTON HEIGHTS. This home's position in the current PEMBERTON HEIGHTS market: the most expensive of 3 comparable homes on the market among comparable properties. The larger lot (0.19 acres versus the area average of 0.16) contributes to the valuation. 3 similar homes are currently available in PEMBERTON HEIGHTS, creating a seller's market for this price range. Market data shows PEMBERTON HEIGHTS prices risen 29.7% over the last half year. The closest comparable sale, 1614 Preston Ave, Austin TX 78703 at an adjusted $1,162,061, is with a larger floor plan. The comp data here (7 sales in PEMBERTON HEIGHTS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
2 Beds
2 Baths 2 Full
1,744 Sq Ft
0.192 Acres
1936 Built
2 Garage

About This Property

Pemberton Heights, one of the last charming Preston Avenue homes waiting for new owners to update/enlarge. Property being sold "as is." Home is vacant so easy to show. Elegant fireplace in living room. Original hardwoods covered by carpet. 364 SF sun room originally divided into breakfast room and 3rd bedroom, converted to sun room when kids moved out. Could be easily reconverted (already has closet, built-in drawers), ideal for nursery off master. Heritage trees. Bring your architect.

Features

  • Interior Steps
  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Casis
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Carpet, Tile, Vinyl, Wood Under Carpet
Cooling Central Air, Wall/Window Unit(s)
Heating Central, Natural Gas
Exterior None
County Travis
MLS # 8126298
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $4,287 (2011)

Listing History

MLS# 8126298 74 days
Sep 12, 2012 Off Market
Aug 27, 2012 Pending
Aug 8, 2012 Price Change $595,000
Jun 14, 2012 Listed $621,000

Frequently Asked Questions About 1506 Preston Ave, Austin TX 78703

When was 1506 Preston Ave, Austin TX 78703 built?

1506 Preston Ave, Austin TX 78703 was built in 1936.

How much does 1506 Preston Ave, Austin TX 78703 cost?

1506 Preston Ave, Austin TX 78703 sold on September 12, 2012. Contact us for sale price details.

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