1601 E 5th ST # 206, Austin TX 78702

Austin, TX 78702 | Saltillo Lofts Condominiums

Off Market

Exterior view of 1601 E 5th ST # 206, Austin TX 78702

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Ed's Opinion of Value

$429,000 Ed's Estimate: $529,007 $731,371

Lowest Comp Recommended List: $456,000 to $466,000 Highest Comp

The estimated value of this property is $529,007, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $456,000 and $466,000. Among the similar homes currently available in 78702, this price point stands out as competitive. This home's larger footprint (153 sqft vs the comp average) plays a role in how the market prices it. With 3 similar homes currently listed in 78702 (a buyer's market), competition is a factor to consider. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 2124 E 6th ST # 420, Austin TX 78702, with an adjusted value of $461,827; with a smaller floor plan. Based on 7 relevant data points in 78702, 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

78702 Market Trends

$665,000 Median Sold Price ▼ 2.2% 6mo

$467/sqft Median $/SqFt ▼ 0.4% 6mo

71 days Avg Days on Market unchanged

189 homes Active Inventory 7.6 mo supply

96.7% Sale-to-List Ratio

150 Sales (6 months)

Recently Sold Comparables

$461,827 adjusted 2124 E 6th ST # 420, Austin TX 78702 1bd / 2.0ba • 1,018 sqft • 0.5 mi Sold 5 months ago

$515,854 adjusted 2411 Santa Rosa ST # A, Austin TX 78702 2bd / 3.0ba • 1,231 sqft • 0.7 mi Sold 10 days ago

$731,371 adjusted 2319 Santa Maria ST, Austin TX 78702 2bd / 2.0ba • 1,200 sqft • 0.6 mi Sold 4 days ago

$445,308 adjusted 2002 E 7th ST # 204, Austin TX 78702 1bd / 2.0ba • 1,033 sqft • 0.4 mi Sold 7 months ago

$507,405 adjusted 2235 E 6th ST # 320, Austin TX 78702 2bd / 2.0ba • 1,018 sqft • 0.5 mi Sold 6 months ago

Currently on Market

$650,000 601 Brushy ST # 106, Austin TX 78702 2bd / 3.0ba • 1,280 sqft • 0.5 mi 150 days on market

$435,000 2709 E 5th ST # 1306, Austin TX 78702 2bd / 2.0ba • 1,204 sqft • 0.9 mi 20 days on market

$429,000 1322 E 12th ST # 305, Austin TX 78702 1bd / 1.0ba • 1,170 sqft • 0.8 mi 10 days on market

1 Beds

2 Baths 2 Full

1,233 Sq Ft

0.034 Acres

2005 Built

1 Garage

About This Property

Prime corner unit located at the coveted Saltillo Lofts. The amazing location across from the light rail at Saltillo Plaza is walking distance to many restaurants, shops, & entertainment on East 5th and 6th Street.This modern three story, corner unit condo features new kitchen counters, modern kitchen fixture, fresh paint throughout, concrete & wood floors, vaulted ceilings, and an expansive bright open floor plan. The large 1 bedroom (could be 2) has a en-suite bathroom and walk-in closet.There is an additional full bathroom on the 2nd (main level).1 RESERVED covered & gated parking spot.Amenities include a courtyard area with picnic table and community grill.Don't miss this one of a kind opportunity to own in the lively 78702 zip code, just minutes from Downtown Austin.

Features

High Ceilings
Interior Steps
Open Floorplan
Walk-In Closet(s)
Quartz Counters

Location

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Schools

School District Austin ISD

Elementary Zavala

Middle School Martin

High School Eastside Early College

Property Details

Property Type Residential Lease

Flooring Concrete, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Uncovered Courtyard

County Travis

MLS # 4082447

Parking

Garage 1 spaces

HOA & Community

HOA Fee $290 /Monthly

HOA Includes Common Area Maintenance, See Remarks

Tax Information

Annual Taxes $7,923 (2020)

Listing History

MLS# 4082447 109 days

Oct 10, 2023	Off Market
Jun 23, 2023	Listed	$2,750
Nov 9, 2020	Price Change	$2,500

MLS# 5610652 42 days

Jan 1, 2021	Off Market
Oct 10, 2020	Listed		$475,000

MLS# 1574386 41 days (54 CDOM)

Dec 6, 2020	Off Market
Oct 26, 2020	Listed		$2,350

MLS# 6622111 22 days

Sep 13, 2017	Off Market
Aug 21, 2017	Listed		$2,100

MLS# 1161538 5 days

Aug 21, 2017	Off Market
Jun 21, 2017	Listed		$379,000

Frequently Asked Questions About 1601 E 5th ST # 206, Austin TX 78702

When was 1601 E 5th ST # 206, Austin TX 78702 built?

1601 E 5th ST # 206, Austin TX 78702 was built in 2005.

How much does 1601 E 5th ST # 206, Austin TX 78702 cost?

1601 E 5th ST # 206, Austin TX 78702 sold on October 10, 2023. Contact us for sale price details.

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