1507 Northwood RD, Austin TX 78703

Austin, TX 78703 | Edgemont

Ed's Opinion of Value

$625,000 Ed's Estimate: $1,140,314 $1,588,671
Lowest Comp Recommended List: $496,000 to $506,000 Highest Comp
The estimated value of this property is $1,140,314, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $496,000 and $506,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in EDGEMONT. The smaller floor plan (212 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1933, this home is 17 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in EDGEMONT; a buyer's market based on recent absorption. Recent trends in 78703 show home values have fallen 2.5% since 6 months ago. The most comparable recent sale is 1508 Pease RD, Austin TX 78703, with an adjusted value of $976,139; a strong comparable. Based on 7 relevant data points in EDGEMONT, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
2 Baths 1 Full, 1 Half
1,310 Sq Ft
0.168 Acres
1933 Built
2 Garage

About This Property

Stunning storybook stone facade built in 1933 and owned by just one family for the last 69 years. Ready for renovation, expansion, and updating with incredible potential and character, such as the 2 story vaulted and beamed living area with stone fireplace, vintage bathroom tile, knotty pine cabinetry, and wood floors under carpet. Detached garage has thick stone walls and walk up attic storage accessed from the exterior staircase at the rear of the garage. This property was measured with approximately 1310sqft, so the possibilities are endless with updating/renovating the current space and or adding on. Gorgeous .167Acre level lot with very long circle drive offers luxurious off-street parking, as well as space to create/expand off of the back of the house. Deep lot accommodates a multitude of options such as home addition, existing garage renovation, ADU, and more. Leased for a number of years with the last tenants just departing, this property is now ready for the next chapter.

Features

  • Ceiling Fan(s)
  • High Ceilings
  • Vaulted Ceiling(s)
  • Tile Counters
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Primary Bedroom on Main
  • Washer Hookup
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Linoleum, Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Natural Gas
Exterior Lighting, Private Yard
County Travis
MLS # 8454482
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $18,132 (2021)

Listing History

MLS# 8454482 6 days
Jul 26, 2021 Off Market
Jun 23, 2021 Listed $899,900

Frequently Asked Questions About 1507 Northwood RD, Austin TX 78703

When was 1507 Northwood RD, Austin TX 78703 built?

1507 Northwood RD, Austin TX 78703 was built in 1933.

How much does 1507 Northwood RD, Austin TX 78703 cost?

1507 Northwood RD, Austin TX 78703 sold on July 26, 2021. Contact us for sale price details.

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