Ed's Opinion of Value

$429,000 Ed's Estimate: $519,030 $735,906
Lowest Comp Recommended List: $416,000 to $426,000 Highest Comp
The market data from 7 similar recent sales in 78702 points to a value of approximately $519,030. To sell within a reasonable timeframe at fair market value, the $416,000 to $426,000 range is where I'd position this. Among the similar homes currently available in 78702, this price point stands out as competitive. Right now, 4 similar properties are competing for buyers in 78702, listed between $359,700 and $650,000. In 78702, home values have fallen approximately 2.2% over the past 6 months. One of the strongest data points is 2124 E 6th ST # 420, Austin TX 78702, adjusting to $463,830; with a smaller floor plan. 7 comparable transactions in 78702 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
1 Beds
2 Baths 1 Full, 1 Half
1,198 Sq Ft
0.033 Acres
2005 Built
2 Garage

About This Property

FHA approved! Saltillo Lofts is one of East Austin's most desirable condos. Austin Energy 3-Star rated Green energy efficient building. This end unit 1 bedroom w/study/1.5 bath loft has a custom built granite countertop kitchen island, two parking spaces, stainless steel appliances, plus concrete & wood floors. Numerous vibrant bars such as White Horse & Yellow Jacket Social Club; restaurants like Papi Tino's & Justine's; the MetroRail, Lady Bird Lake Hike/Bike trail & Downtown Austin are all nearby.Restrictions: Yes Sprinkler Sys:Yes

Features

  • Breakfast Bar
  • High Ceilings
  • Intercom
  • Interior Steps
  • Recessed Lighting
  • Track Lighting
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Zavala
Middle School Martin

Property Details

Property Type Residential Lease
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 6352814

Parking

Garage 2 spaces

HOA & Community

HOA Fee $238 /Monthly
HOA Includes Common Area Maintenance, Maintenance Structure, Sewer, Trash, Water

Tax Information

Annual Taxes $5,396 (2012)

Listing History

MLS# 6352814 6 days
Jun 1, 2019 Off Market
May 2, 2019 Listed $2,150

Frequently Asked Questions About 1601 E 5th ST # 217, Austin TX 78702

When was 1601 E 5th ST # 217, Austin TX 78702 built?

1601 E 5th ST # 217, Austin TX 78702 was built in 2005.

How much does 1601 E 5th ST # 217, Austin TX 78702 cost?

1601 E 5th ST # 217, Austin TX 78702 sold on June 1, 2019. Contact us for sale price details.

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