1840 Burton DR # 214, Austin TX 78741

Austin, TX 78741 | Silverado Condo

Ed's Opinion of Value

$118,887 Ed's Estimate: $314,377 $596,876
Lowest Comp Recommended List: $349,000 to $560,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $314,377. To generate strong buyer interest while maximizing value, I'd price this between $349,000 and $560,000. Against 0 similar active listings in SILVERADO CONDO, this price point lands at no active comparable homes on the market. This home's smaller footprint (378 sqft vs the comp average) plays a role in how the market prices it. The 1984 construction puts this home 10 years newer than the comp average, a factor in the pricing. The trend in 78741 shows prices have fallen 10.8% in the past 6 months. 1840 BURTON DR # 167, Austin TX 78741 nearby adjusts to $118,887; with a larger floor plan. 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
1 Beds
1 Baths 1 Full
378 Sq Ft
0.0246 Acres
1984 Built

About This Property

Successful turnkey rental located in the trendy South Shore District surrounded by new development, shopping, restaurants, live music venues, and nightlife! This renovated 1/1 corner unit comes fully furnished! 30-day rentals allowed at this community. Located just 3 miles from Downtown - close to SoCo and Lady Bird Lake. This is a fabulous, affordable option in the heart of Austin proper. A great investment with positive cash-flow in a growing neighborhood. Community offers a private pool and plenty of parking for residents and guests.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Sanchez
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Ceiling
Exterior Balcony
County Travis
MLS # 8362897

HOA & Community

HOA Fee $281 /Monthly
HOA Includes Common Area Maintenance, Trash, Water

Tax Information

Annual Taxes (MLS) $3,015 (2022)

Listing History

MLS# 8362897 3 days (2 CDOM)
Feb 24, 2023 Off Market
Jan 21, 2023 Listed $225,000

Frequently Asked Questions About 1840 Burton DR # 214, Austin TX 78741

When was 1840 Burton DR # 214, Austin TX 78741 built?

1840 Burton DR # 214, Austin TX 78741 was built in 1984.

How much does 1840 Burton DR # 214, Austin TX 78741 cost?

1840 Burton DR # 214, Austin TX 78741 sold on February 24, 2023. Contact us for sale price details.

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