1711 E 7th ST, Austin TX 78702

Off Market

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Ed's Opinion of Value

$400,837 Ed's Estimate: $501,349 $648,953

Lowest Comp Recommended List: $423,000 to $433,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $501,349. To generate strong buyer interest while maximizing value, I'd price this between $423,000 and $433,000. Among the similar homes currently available in MORSE & SMITH, this price point stands out as competitive. Current inventory shows 7 comparable homes in MORSE & SMITH; a buyer's market based on recent absorption. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2405 E 10th ST, Austin TX 78702 nearby adjusts to $400,837; a strong comparable. The 5 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

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

191 homes Active Inventory 7.6 mo supply

96.7% Sale-to-List Ratio

150 Sales (6 months)

Recently Sold Comparables

$400,837 adjusted 2405 E 10th ST, Austin TX 78702 2bd / 1.0ba • 1,052 sqft • 0.5 mi Sold 7 months ago

$648,953 adjusted 2007 Tillotson Ave, Austin TX 78702 2bd / 2.0ba • 1,056 sqft • 0.4 mi Sold 11 months ago

$493,862 adjusted 1180 1/2 Sol Wilson Ave, Austin TX 78702 3bd / 1.0ba • 980 sqft • 1.2 mi Sold 1 months ago

$564,641 adjusted 1314 E 13th ST, Austin TX 78702 3bd / 2.0ba • 1,144 sqft • 0.8 mi Sold 1 months ago

$403,111 adjusted 1134 Leona ST, Austin TX 78702 3bd / 2.0ba • 928 sqft • 0.4 mi Sold 7 months ago

Currently on Market

$595,000 2503 Bryan ST, Austin TX 78702 3bd / 2.0ba • 1,056 sqft • 0.6 mi 6 days on market

$575,000 1117 Lawson LN # 2, Austin TX 78702 2bd / 2.0ba • 1,086 sqft • 0.4 mi 278 days on market

$499,000 1112 Linden ST # B, Austin TX 78702 2bd / 2.0ba • 1,013 sqft • 1.2 mi 22 days on market

2 Beds

1 Baths 1 Full

1,071 Sq Ft

0.126 Acres

1944 Built

About This Property

Zoned TOD-NP. 40% Parking Bonus! Part of Plaza Saltillo TOD. Allows Corridor Mixed Use which permits Multifamily, Office, Restaurant... take your pick. House is stripped and ready for build out. Great exterior character and the shiplap is in fantastic shape. High visibility on 7th St. with tons of bars across alley on 6th. Proposed site plans ready for both bar in existing building and retail/office conversion with another 1000sf addition.Restrictions: Yes

Features

Primary Bedroom on Main
See Remarks

Location

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Schools

School District Austin ISD

Elementary Blackshear

Middle School Kealing

High School Austin

Property Details

Property Type Residential

Flooring Wood

Cooling Other

Heating See Remarks

Exterior None

County Travis

MLS # 9534754

Tax Information

Annual Taxes $592 (2017)

Listing History

MLS# 9534754 112 days

Aug 23, 2018	Off Market
Jul 2, 2018	Pending
Jun 1, 2018	Price Change	$579,000
Mar 12, 2018	Listed	$600,000

MLS# 3478303 112 days

Aug 23, 2018	Off Market
Mar 12, 2018	Listed		$600,000

MLS# 9736986 142 days

Jul 31, 2018	Off Market
Mar 12, 2018	Listed		$28

MLS# 3222624 88 days

Dec 12, 2017	Off Market
Jul 16, 2017	Listed		$599,999

Frequently Asked Questions About 1711 E 7th ST, Austin TX 78702

When was 1711 E 7th ST, Austin TX 78702 built?

1711 E 7th ST, Austin TX 78702 was built in 1944.

How much does 1711 E 7th ST, Austin TX 78702 cost?

1711 E 7th ST, Austin TX 78702 sold on August 23, 2018. Contact us for sale price details.

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