2008 E M Franklin Ave, Austin TX 78723

Off Market

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Ed's Opinion of Value

$745,000 Ed's Estimate: $986,388 $1,130,101

Lowest Comp Recommended List: $728,000 to $738,000 Highest Comp

After reviewing 7 recent transactions in 78723, I estimate this property's value at $986,388. A competitive list price for this home right now would fall in the $728,000 to $738,000 range. This would position the home competitively among 7 active listings in 78723. At 45 years older than typical comps, the 1936 build date influences the valuation. The larger lot (0.51 acres versus the area average of 0.12) contributes to the valuation. 7 similar homes are currently available in 78723, creating a buyer's market for this price range. Prices in 78723 have fallen 1.2% over the last 6 months. A similar home at 1202 E 30th ST, Austin TX 78722 carries an adjusted comparable value of $869,628, providing a strong data point. With 7 comparable sales in 78723, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

78723 Market Trends

$575,000 Median Sold Price ▼ 1.2% 6mo

$360/sqft Median $/SqFt ▼ 3.1% 6mo

68 days Avg Days on Market 21 days slower

139 homes Active Inventory 4.8 mo supply

97.2% Sale-to-List Ratio

175 Sales (6 months)

Recently Sold Comparables

$869,628 adjusted 1202 E 30th ST, Austin TX 78722 4bd / 2.0ba • 2,084 sqft • 1.5 mi Sold 9 months ago

$1,130,101 adjusted 1704 E 38th ST, Austin TX 78722 3bd / 2.0ba • 2,198 sqft • 1 mi Sold 10 months ago

$903,723 adjusted 4004 Pinckney ST, Austin TX 78723 4bd / 3.0ba • 2,075 sqft • 0.6 mi Sold 1 months ago

$940,510 adjusted 2624 Tom Miller ST, Austin TX 78723 3bd / 2.0ba • 2,061 sqft • 0.4 mi Sold 1 months ago

$913,608 adjusted 2020 Antone ST, Austin TX 78723 3bd / 2.0ba • 2,075 sqft • 0.6 mi Sold 2 months ago

Currently on Market

$745,000 4020 Airport BLVD # 14, Austin TX 78722 4bd / 3.0ba • 2,186 sqft • 0.8 mi 15 days on market

$1,049,000 4002 Bradwood RD, Austin TX 78722 3bd / 2.0ba • 1,911 sqft • 1.4 mi 45 days on market

$954,000 1912 Antone ST, Austin TX 78723 4bd / 3.0ba • 2,345 sqft • 0.7 mi 152 days on market

4 Beds

2 Baths 2 Full

2,140 Sq Ft

0.51 Acres

1936 Built

About This Property

Rare opportunity to own a half acre of property in the city only steps from Mueller! Charming 3bd/1bath main house has recent updates like roof, foundation,frontdeck,interior/exterior paint, electrical, and plumbing. Modern garage apt. built in 2003 for additional income,office,or guest quarters. Two car carport with attached storage room. Expansive rear yard for urban garden, chicken coops, wildflower field, sports fields etc. Guest Accommodations: Yes

Features

Multiple Dining Areas
Multiple Living Areas
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Maplewood

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior Exterior Steps

County Travis

MLS # 7912206

Tax Information

Annual Taxes $4,247 (2011)

Listing History

MLS# 7912206 2 days

May 11, 2012	Off Market
Apr 18, 2012	Pending
Apr 16, 2012	Listed	$298,500

Frequently Asked Questions About 2008 E M Franklin Ave, Austin TX 78723

When was 2008 E M Franklin Ave, Austin TX 78723 built?

2008 E M Franklin Ave, Austin TX 78723 was built in 1936.

How much does 2008 E M Franklin Ave, Austin TX 78723 cost?

2008 E M Franklin Ave, Austin TX 78723 sold on May 11, 2012. Contact us for sale price details.

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