1707 Mckinley Ave, Austin TX 78702

Austin, TX 78702 | Mckinley Heights

Ed's Opinion of Value

$329,000 Ed's Estimate: $430,703 $502,130
Lowest Comp Recommended List: $360,000 to $370,000 Highest Comp
3 recent sales within a mile of this address suggest a current value of $430,703. My recommended list price range for this property would be $360,000 to $370,000. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in MCKINLEY HEIGHTS. Right now, 5 similar properties are competing for buyers in MCKINLEY HEIGHTS, listed between $329,000 and $495,000. In MCKINLEY HEIGHTS, home values have fallen approximately 26.4% over the past 6 months. One of the strongest data points is 1303 Walnut Ave, Austin TX 78702, adjusting to $502,130; a strong comparable. With 3 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
2 Beds
1 Baths 1 Full
720 Sq Ft
0.1096 Acres
1962 Built
1 Garage

About This Property

***Investor Dream - perfect for someone interested in joining the short-term or mid-term rental property market. Under contract but accepting backup offers.*** Seller will include furniture with the home with the right offer, making this is a ready-to-go Airbnb/STR opportunity. Produced about $49k in earnings last year with no advertising and only on one platform (Airbnb). Estimate received to spend roughly $16k to convert the garage for additional living area or sleeping quarters. Check airdna for potential to increase average daily rate from $150 to $196. Seller will endeavor to transfer 125+ 5-star reviews on Airbnb, where it is labeled as a Guest Favorite. This beautifully updated, East Austin property offers 2 bedrooms, 1 bathroom, and 720 sq ft of living space on a 4774 sq ft lot. New AC and new roof installed in 2023. Approximately $15k in plumbing overhaul in 2021 by Radiant Plumbing. Freshly painted exterior including garage in 2024. The spacious garage could easily be converted to an additional living room, lounge, or sleeping quarters to increase revenue further. Step inside to discover a modern upgraded kitchen featuring white quartz countertops and SS appliances. The bedrooms are generously sized. Wake up to sunrise in one room, while the other bathes in warm afternoon light. Outside, you'll find a private front yard and back yard, both fully fenced for privacy and security. Enjoy the Texas weather on the front porch or the deck in the backyard, perfect for entertaining guests or simply unwinding. The addition of a firepit adds a cozy touch for evenings under the stars. Conveniently located in a popular Airbnb neighborhood, this home is within walking distance to James Beard award-winning restaurants, Zeds Ice Cream, Nixta, Love Supreme, Bird Bird Biscuit and Birdies. Nature enthusiasts will appreciate the proximity to the Boggy Creek trail, the MLK Community Garden, and Downs Baseball field, offering ample opportunities for outdoor recreation.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Crown Molding
  • Open Floorplan
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Campbell
Middle School Kealing
High School McCallum

Property Details

Property Type Residential
Flooring Bamboo, Tile
Cooling Central Air
Heating Central
Exterior Private Yard
County Travis
MLS # 8630819
Garage 1 spaces

Listing History

MLS# 8630819
Feb 27, 2024 Off Market
Feb 5, 2024 Listed $495,000

Frequently Asked Questions About 1707 Mckinley Ave, Austin TX 78702

When was 1707 Mckinley Ave, Austin TX 78702 built?

1707 Mckinley Ave, Austin TX 78702 was built in 1962.

How much does 1707 Mckinley Ave, Austin TX 78702 cost?

1707 Mckinley Ave, Austin TX 78702 sold on February 27, 2024. Contact us for sale price details.

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