1510 Wheless LN, Austin TX 78723

Off Market

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Ed's Opinion of Value

$205,000 Ed's Estimate: $349,126 $700,000

Lowest Comp Recommended List: $226,000 to $236,000 Highest Comp

7 recent sales within a mile of this address suggest a current value of $349,126. My recommended list price range for this property would be $226,000 to $236,000. In the current ADELE MARY -A market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Built in 1940, this home is 26 years older than the average comp, which is reflected in the adjustments. The 0.49 acre lot (larger than the 0.15 acre average) is reflected in the estimate. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

78723 Market Trends

$575,000 Median Sold Price ▼ 1.2% 6mo

$360/sqft Median $/SqFt ▼ 3.1% 6mo

68 days Avg Days on Market 21 days slower

139 homes Active Inventory 4.8 mo supply

97.2% Sale-to-List Ratio

175 Sales (6 months)

Recently Sold Comparables

$351,560 adjusted 6209 Peggy ST, Austin TX 78723 3bd / 1.0ba • 960 sqft • 0.5 mi Sold 1 months ago

$366,896 adjusted 1040 Rosemont ST, Austin TX 78723 3bd / 1.0ba • 1,018 sqft • 0.6 mi Sold 6 months ago

$321,470 adjusted 2110 Bristol DR, Austin TX 78723 3bd / 1.0ba • 960 sqft • 0.7 mi Sold 6 months ago

$300,876 adjusted 6405 Hickman Ave, Austin TX 78723 3bd / 1.0ba • 928 sqft • 0.3 mi Sold 10 months ago

$288,884 adjusted 5820 Berkman DR # 205, Austin TX 78723 2bd / 1.0ba • 789 sqft • 0.5 mi Sold 8 months ago

Currently on Market

$700,000 2601 Sweeney LN, Austin TX 78723 2bd / 1.0ba • 960 sqft • 1 mi 582 days on market

$205,000 2706 Wheless LN # 504, Austin TX 78723 2bd / 1.0ba • 850 sqft • 1.1 mi 14 days on market

$325,000 1041 Rosemont ST, Austin TX 78723 3bd / 2.0ba • 1,063 sqft • 0.6 mi 67 days on market

2 Beds

1 Baths 1 Full

960 Sq Ft

0.487 Acres

1940 Built

About This Property

Property is a 1940, 960 square foot bungalow located on a huge .49 acre lot. Currently a 2 bedroom 1 bathroom. Investors have the ability to either remodel, add-on, and tear down and rebuild multiple units. Current zoning: MF-3. Neighboring lots 1512, and 1514 Wheless Ln can be made together individually or in a portfolio package. 1512 Wheless currently has a distressed 32 unit apartment complex and 1514 Wheless Ln has a 1935, 1134 square foot bungalow. All three lots available at $3,000,000.00 for a total of ~1.89acres in Central East Austin.

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Harris

Middle School Webb

High School Other

Property Details

Property Type Residential

Flooring See Remarks

Cooling Other

Heating See Remarks

Exterior None

County Travis

MLS # 1006438

Tax Information

Annual Taxes $6,800 (2021)

Listing History

MLS# 1006438 23 days

Jun 4, 2021	Off Market
May 12, 2021	Listed		$599,999

Frequently Asked Questions About 1510 Wheless LN, Austin TX 78723

When was 1510 Wheless LN, Austin TX 78723 built?

1510 Wheless LN, Austin TX 78723 was built in 1940.

How much does 1510 Wheless LN, Austin TX 78723 cost?

1510 Wheless LN, Austin TX 78723 is currently off market.

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