1601 Greenwood Ave # B, Austin TX 78721

Austin, TX 78721 | Greenwood Heights | Built by LET Builders

Off Market

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Ed's Opinion of Value

$474,400 Ed's Estimate: $639,567 $693,547

Lowest Comp Recommended List: $627,000 to $652,000 Highest Comp

Listing History

$875,000 List Price

$629,757 Comp Value

1 Price Reductions

This property was listed at $875,000 and withdrawn after 63 days on market. The price was reduced from $950,000 to $875,000. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $639,567. To generate strong buyer interest while maximizing value, I'd price this between $627,000 and $652,000. With 3 comparable homes on the market in GREENWOOD HEIGHTS, this price positions the property as the most expensive of 3 comparable homes on the market. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. 4 comparable transactions in GREENWOOD HEIGHTS 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

78721 Market Trends

$460,000 Median Sold Price ▼ 8% 6mo

$334/sqft Median $/SqFt ▼ 5.4% 6mo

66 days Avg Days on Market 2 days slower

111 homes Active Inventory 11.3 mo supply

97.5% Sale-to-List Ratio

59 Sales (6 months)

Recently Sold Comparables

$669,341 adjusted 1406 Cometa ST # 1, Austin TX 78721 3bd / 3.0ba • 1,652 sqft • 0.4 mi Sold 8 months ago

$568,398 adjusted 5202 Rob Scott ST, Austin TX 78721 3bd / 3.0ba • 1,721 sqft • 1 mi Sold 4 months ago

$610,160 adjusted 5110 Rob Scott ST, Austin TX 78721 3bd / 3.0ba • 1,742 sqft • 1 mi Sold 10 months ago

$693,547 adjusted 1409 Deloney ST # 2, Austin TX 78721 2bd / 3.0ba • 1,123 sqft • 0.2 mi Sold 11 months ago

Currently on Market

$474,400 4707 Leslie Ave # A, Austin TX 78721 3bd / 3.0ba • 1,699 sqft • 0.8 mi 67 days on market

$500,000 1126 Lott Ave # B, Austin TX 78721 3bd / 3.0ba • 1,772 sqft • 1 mi 44 days on market

$560,000 4702 Leslie Ave # A, Austin TX 78721 2bd / 3.0ba • 1,400 sqft • 0.8 mi 23 days on market

3 Beds

3 Baths 3 Full

1,549 Sq Ft

0.2289 Acres

2023 Built

1 Garage

About This Property

Very nice modern new construction detached home with Guest house/Casita/Mother-in-law apartment, ideal for Investor/Owner occupied short term rental opportunity
in vibrant East Austin close to Mueller, features three bedroom and three bath. ADU has two bedrooms, two baths and Guest house has one bedroom, one bath. Open floor plan welcomes you with luxury vinyl plank flooring throughout the house. Quartz countertops, white granite island, with hexagon ceramic mosaic floor, and porcelain tiles in the bathrooms. This home has all energy star stainless steel appliances, and thermostats, dual vanities, ceiling fans, and large windows. Highly desirable location situated <5 miles away from Downtown, UT Austin, Farmer's Market and all the sought after East Austin restaurants and bars. Close proximity to the Lady Bird Lake Hike and Bike Trail. Its enviable location places you within walking distance of the Metro Rail, ensuring convenient access to both Downtown Austin and the thrilling Austin FC Soccer games at Q2 Stadium.

Features

Breakfast Bar
Ceiling Fan(s)
Granite Counters
Quartz Counters
Double Vanity
Open Floorplan
Primary Bedroom on Main
Smart Thermostat
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Sims

Middle School Martin

High School Northeast Early College

Property Details

Property Type Residential

Flooring Vinyl, Wood

Cooling Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment

Heating Central, ENERGY STAR Qualified Equipment

Exterior Balcony

County Travis

MLS # 1015841

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Listing History

MLS# 1015841 63 days

Oct 5, 2023	Off Market
Sep 1, 2023	Price Change	$875,000
Aug 3, 2023	Listed	$950,000

Frequently Asked Questions About 1601 Greenwood Ave # B, Austin TX 78721

When was 1601 Greenwood Ave # B, Austin TX 78721 built?

1601 Greenwood Ave # B, Austin TX 78721 was built in 2023.

How much does 1601 Greenwood Ave # B, Austin TX 78721 cost?

1601 Greenwood Ave # B, Austin TX 78721 is currently off market.

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