1601 Cinnamon PATH # B, Austin TX 78704

Off Market

Front of house with a porch and parking space. Mirrors the A & B units across the drive at 1603 Cinnamon Path. Front A two-story is privately owned.

Additional photos available to registered users

Ed's Opinion of Value

$299,000 Ed's Estimate: $388,031 $504,990

Lowest Comp Recommended List: $308,000 to $318,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $388,031. For a well positioned listing in CINNAMON PATH CONDO, I'd target the $308,000 to $318,000 range. Against 3 similar active listings in CINNAMON PATH CONDO, this price point lands at the 2nd most expensive of 3 comparable homes on the market. With 3 similar homes currently listed in CINNAMON PATH CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 1912 Lightsey RD # 5, Austin TX 78704, with an adjusted value of $336,491; a strong comparable. 7 comparable transactions in CINNAMON PATH CONDO 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

78704 Market Trends

$864,500 Median Sold Price ▼ 3.8% 6mo

$499/sqft Median $/SqFt ▼ 4.4% 6mo

86 days Avg Days on Market 19 days slower

360 homes Active Inventory 8.7 mo supply

96.1% Sale-to-List Ratio

247 Sales (6 months)

Recently Sold Comparables

$336,491 adjusted 1912 Lightsey RD # 5, Austin TX 78704 2bd / 2.0ba • 1,034 sqft • 0.3 mi Sold 2 months ago

$330,430 adjusted 1912 Lightsey RD # 1, Austin TX 78704 2bd / 2.0ba • 1,034 sqft • 0.3 mi Sold 9 months ago

$425,459 adjusted 1307 Kinney Ave # 160, Austin TX 78704 2bd / 3.0ba • 1,101 sqft • 1.1 mi Sold 8 months ago

$367,711 adjusted 3601 Menchaca RD # 105, Austin TX 78704 2bd / 2.0ba • 914 sqft • 0.5 mi Sold 10 months ago

$389,900 adjusted 1307 KINNEY Ave # 133, Austin TX 78704 2bd / 2.0ba • 867 sqft • 1.1 mi Sold 11 days ago

Currently on Market

$504,990 2011 Meadowridge DR # A, Austin TX 78704 2bd / 2.0ba • 1,086 sqft • 0.7 mi 33 days on market

$299,000 1912 Lightsey RD # 2, Austin TX 78704 2bd / 2.0ba • 1,034 sqft • 0.3 mi 40 days on market

$429,000 1307 Kinney Ave # 108, Austin TX 78704 2bd / 3.0ba • 1,101 sqft • 1.1 mi 2 days on market

2 Beds

2 Baths 2 Full

1,050 Sq Ft

0.097 Acres

1982 Built

About This Property

Homeowner or Investor opportunity in highly desired 78704! Freestanding house -2 bedroom, 2 full bathrooms with a shared carport with front house, Unit A. Unit A is owned separately, This house is located on a corner lot with good sized fenced yard with a deck. Bedrooms separated by the living/dining and galley kitchen plus laundry room. Perfect roommate setup, rental investment property, or complete remodel. This popular South Lamar neighborhood hosts diverse eateries, rustic-chic pubs, casual cafes, live music, art galleries, and boutique shopping. Right in the heart of the most popular and highly-desired zip code in central Austin!

Features

Ceiling Fan(s)
High Ceilings
Laminate Counters
Gas Dryer Hookup
Primary Bedroom on Main
Storage
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Zilker

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Parquet, Vinyl

Cooling Central Air

Heating Central, Fireplace(s)

Exterior None

County Travis

MLS # 4844561

Tax Information

Annual Taxes $7,496 (2021)

Listing History

MLS# 4844561 6 days (5 CDOM)

Apr 13, 2022	Off Market
Mar 11, 2022	Listed		$475,000

Frequently Asked Questions About 1601 Cinnamon PATH # B, Austin TX 78704

When was 1601 Cinnamon PATH # B, Austin TX 78704 built?

1601 Cinnamon PATH # B, Austin TX 78704 was built in 1982.

How much does 1601 Cinnamon PATH # B, Austin TX 78704 cost?

1601 Cinnamon PATH # B, Austin TX 78704 sold on April 13, 2022. Contact us for sale price details.

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