1506 Rainbow BND, Austin TX 78703

Austin, TX 78703 | Enfield

Ed's Opinion of Value

$460,821 Ed's Estimate: $1,562,529 $8,500,000
Lowest Comp Recommended List: $1,531,000 to $1,594,000 Highest Comp

Listing History

$1,490,000 List Price
$1,565,551 Comp Value
1 Price Reductions

This property was listed at $1,490,000 and withdrawn after 175 days on market. The price was reduced from $1,495,000 to $1,490,000. This listing activity factors into the valuation.

Based on 7 closed sales in ENFIELD, the data points to a value around $1,562,529 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,531,000 to $1,594,000. Relative to what's currently available in ENFIELD, this home would be the most affordable of 5 comparable homes on the market. At 1,369 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1962 (6 years newer than comps) is factored into the value estimate. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
5 Beds
5 Baths 5 Full
3,882 Sq Ft
0.271 Acres
1962 Built
2 Garage

About This Property

Beautiful mid-century home, the Nau House in Old Enfield neighborhood originally built in 1962. Redesigned and renovated in 2012, this 3 story home is adjacent to Pease Park views of downtown, UT Tower.
Chef's commercial kitchen w/island, bar seating, granite counter tops. Formal Dining room with wet bar for entertaining.
Added in 2012 is new 3rd floor, 2 bedrooms, 1 bath, and living area. Luxurious owner's suite with elegant jetted bath, granite & glass shower, bidet, and dual vanity. Sprinkler Sys:Yes

Features

  • High Ceilings
  • Vaulted Ceiling(s)
  • Intercom
  • Multiple Dining Areas
  • Multiple Living Areas
  • Walk-In Closet(s)
  • Wet Bar

Location

Schools

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

Property Details

Property Type Residential
Flooring Bamboo, Carpet, Tile, Wood
Cooling Central Air
Heating Central, Heat Pump, Solar
Exterior Exterior Steps, Gutters Partial
County Travis
MLS # 7010461

Parking

Garage 2 spaces

Tax Information

Annual Taxes $22,507 (2015)

Listing History

MLS# 7010461 175 days
Sep 6, 2016 Off Market
Aug 12, 2016 Price Change $1,490,000
Mar 15, 2016 Listed $1,495,000

Frequently Asked Questions About 1506 Rainbow BND, Austin TX 78703

When was 1506 Rainbow BND, Austin TX 78703 built?

1506 Rainbow BND, Austin TX 78703 was built in 1962.

How much does 1506 Rainbow BND, Austin TX 78703 cost?

1506 Rainbow BND, Austin TX 78703 is currently off market.

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