1805 E 3rd ST # 2, Austin TX 78702

Austin, TX 78702 | Cypher | Built by Blue Wizard Homes

Off Market

Private new construction that lives like a true single family as it is accessed via the alley between 2nd & 3rd St.

Additional photos available to registered users

Ed's Opinion of Value

$441,903 Ed's Estimate: $718,182 $973,947

Lowest Comp Recommended List: $612,000 to $622,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $718,182. To generate strong buyer interest while maximizing value, I'd price this between $612,000 and $622,000. Against 7 similar active listings in CYPHER, this price point lands at the most expensive of 7 comparable homes on the market. At 370 sqft smaller than the typical comp, the size difference factors into the valuation. The 2024 construction puts this home 14 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in CYPHER, creating a buyer's market for this price range. The trend in 78702 shows prices have fallen 2.2% in the past 6 months. 2411 Santa Rosa ST # A, Austin TX 78702 nearby adjusts to $650,954; a strong comparable. 7 comparable transactions in CYPHER 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

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

188 homes Active Inventory 7.5 mo supply

96.7% Sale-to-List Ratio

150 Sales (6 months)

Recently Sold Comparables

$650,954 adjusted 2411 Santa Rosa ST # A, Austin TX 78702 2bd / 3.0ba • 1,231 sqft • 0.5 mi Sold 10 days ago

$710,904 adjusted 2411 Santa Rosa ST # B, Austin TX 78702 2bd / 3.0ba • 1,231 sqft • 0.5 mi Sold 11 months ago

$811,163 adjusted 2315 Santa Maria ST, Austin TX 78702 3bd / 3.0ba • 1,926 sqft • 0.4 mi Sold 2 months ago

$441,903 adjusted 2220 Webberville RD # 207, Austin TX 78702 2bd / 2.0ba • 1,375 sqft • 0.5 mi Sold 2 months ago

$973,947 adjusted 2004 E 8th ST, Austin TX 78702 3bd / 3.0ba • 2,686 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$615,000 408 Linden # A, Austin TX 78702 3bd / 3.0ba • 1,275 sqft • 0.9 mi 50 days on market

$829,000 2007 Canterbury ST # 2, Austin TX 78702 3bd / 3.0ba • 1,400 sqft • 0.3 mi 1 days on market

$614,990 2811 Garwood Unit B ST # B, Austin TX 78702 3bd / 3.0ba • 1,325 sqft • 1 mi 135 days on market

3 Beds

3 Baths 3 Full

1,250 Sq Ft

0.1457 Acres

2024 Built

1 Garage

About This Property

BEST LOCATION WITH HIGH 95 WALK SCORE & ULTIMATE PRIVACY. This new construction ADU is located in East Austin's exclusive East Cesar Chavez neighborhood, 2 miles from Downtown Austin and walking distance to Lady Bird Lake & all the east side's best restaurants and bars. It features an open floor plan, 2 bedrooms, 3 full bathrooms AND a bonus third flex room with a separate exterior entrance - great as a third bedroom, office, gym, art studio or an Airbnb opportunity to generate rental income. In addition to its central location and unique floor plan, this property lives like a true single family home with no shared driveway or elements ($0 HOA) and is extremely private as it is accessed via the alley between 2nd & 3rd st. Other features include large fenced in back and front yards, 1 car garage with EV charger, laundry closet and walk-in pantry. Walking distance to Lady Bird Lake, Festival Beach Park, Zilker Brewing Company, Suerte, Whisler's, Mr. Natural and so much more. Imagine living in the middle of the City and walking to it ALL! Builder is experienced and offers a blue tape walk through and insurance backed 1-2-10 Warranty.

Features

2 Primary Baths
2 Primary Suites
Ceiling Fan(s)
High Ceilings
Electric Dryer Hookup
Interior Steps
Kitchen Island
Multiple Living Areas
Open Floorplan
Pantry
Primary Bedroom on Main
Recessed Lighting
Smart Thermostat
Stackable W/D Connections
Storage
Walk-In Closet(s)
Washer Hookup

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

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior See Remarks

County Travis

MLS # 1173253

Parking

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes $8,643 (2023)

Listing History

MLS# 1173253 42 days (41 CDOM)

May 30, 2024	Off Market
Apr 17, 2024	Price Change	$819,000
Mar 21, 2024	Listed	$849,000

Frequently Asked Questions About 1805 E 3rd ST # 2, Austin TX 78702

When was 1805 E 3rd ST # 2, Austin TX 78702 built?

1805 E 3rd ST # 2, Austin TX 78702 was built in 2024.

How much does 1805 E 3rd ST # 2, Austin TX 78702 cost?

1805 E 3rd ST # 2, Austin TX 78702 sold on May 30, 2024. Contact us for sale price details.

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Oct 31, 2023	Off Market
Aug 24, 2023	Listed		$824,900