Ed's Opinion of Value

$1,144,820 Ed's Estimate: $1,362,435 $2,395,000
Lowest Comp Recommended List: $1,335,000 to $1,390,000 Highest Comp

Listing History

$570,000 List Price
$1,395,453 Comp Value
1 Price Reductions

This property was listed at $570,000 and expired after 16 days on market. The price was reduced from $700,000 to $570,000. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $1,362,435. For a well positioned listing in ULIT H, I'd target the $1,335,000 to $1,390,000 range. Among the similar homes currently available in ULIT H, this price point stands out as competitive. The 382 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
5 Beds
6 Baths 5 Full, 1 Half
2,880 Sq Ft
0.142 Acres
2022 Built
1 Garage

About This Property

Let us build you your dream compound, or this lot is shovel ready for an investor/builder to purchase. Lot wil be sold with fully approved CoA building permits, with the original structure demo'ed and the lot graded to start foundation.

Plans have been reviewed by the city, and are about 3 weeks from being approved. We have had the first meeting with DSD, and only 3 comments came back, all of which have been cured.

.142 acres, the architecture plans have already been drawn for a 1,951 sq ft front house, and 929 sq ft B unit. Front house is 3 bedrooms, plus an office, and 3.5 bathrooms and a pool. The B unit is 2 bedrooms and 2 bathrooms. Lot is situated on a city maintained alley, so the B unit has it's own driveway.

2 blocks to public trains, 1.5 miles to downtown, back house located on an alley, and no problem trees. Plans convey, in the Imagine Austin corridor.

Buyer can also choose to build, and select all of their own fixtures and custom finishes. Builder can finance construction.

Property Highlights

Pool See Remarks

Features

  • See Remarks

Location

Schools

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

Property Details

Property Type Residential
Flooring See Remarks
Cooling Other
Heating See Remarks
Exterior See Remarks
County Travis
MLS # 5481928

Parking

Garage 1 spaces

Tax Information

Annual Taxes $5,965 (2021)

Listing History

MLS# 5481928 16 days
Aug 14, 2021 Off Market
Aug 1, 2021 Price Change $570,000
Jul 29, 2021 Listed $700,000

Frequently Asked Questions About 1707 Ulit Ave, Austin TX 78702

When was 1707 Ulit Ave, Austin TX 78702 built?

1707 Ulit Ave, Austin TX 78702 was built in 2022.

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

1707 Ulit Ave, Austin TX 78702 is currently off market.

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