1812 Cedar Ave, Austin TX 78702

Austin, TX 78702 | Glenwood

Ed's Opinion of Value

$325,000 Ed's Estimate: $443,773 $520,063
Lowest Comp Recommended List: $435,000 to $453,000 Highest Comp

Listing History

$590,000 List Price
$437,680 Comp Value
1 Price Reductions

This property was listed at $590,000 and expired after 224 days on market. The price was reduced from $600,000 to $590,000. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $443,773. To generate strong buyer interest while maximizing value, I'd price this between $435,000 and $453,000. Among the similar homes currently available in GLENWOOD, this price point stands out as competitive. The 482 sqft size difference versus comparable sales is reflected in the adjusted values. The 1940 construction puts this home 31 years older than the comp average, a factor in the pricing. The 7 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
2 Beds
1 Baths 1 Full
816 Sq Ft
0.128 Acres
1940 Built

About This Property

Rare opportunity to develop side by side corner lots zoned Commercial-Mixed-USE (CS-MU-V-CO-NP) - 1812 & 1814 Cedar Ave (sold together for $1.475M). Featuring .26 of an acre, zoning allows for several possibilities of multi-level units with live and work space, office, residential, and/or retail. Located in highly sought-after MLK corridor minutes from downtown Austin, walking distance to UT Campus/ Football/Baseball stadiums, as well as trendy restaurants/shops along E 11th & E 6th and /Mueller! Buyer to verify all.

Features

  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Vinyl
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 9984479

Tax Information

Annual Taxes $7,380 (2021)

Listing History

MLS# 9984479 224 days
Mar 16, 2022 Off Market
Nov 19, 2021 Price Change $590,000
Aug 4, 2021 Listed $600,000

Frequently Asked Questions About 1812 Cedar Ave, Austin TX 78702

When was 1812 Cedar Ave, Austin TX 78702 built?

1812 Cedar Ave, Austin TX 78702 was built in 1940.

How much does 1812 Cedar Ave, Austin TX 78702 cost?

1812 Cedar Ave, Austin TX 78702 is currently off market.

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