2012 EM Franklin Ave, Austin TX 78723

Off Market

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Ed's Opinion of Value

$439,000 Ed's Estimate: $714,834 $869,552

Lowest Comp Recommended List: $421,000 to $431,000 Highest Comp

After reviewing 7 recent transactions in CREST HAVEN, I estimate this property's value at $714,834. A competitive list price for this home right now would fall in the $421,000 to $431,000 range. Relative to what's currently available in CREST HAVEN, this home would be the most expensive of 7 comparable homes on the market. At 17 years older than typical comps, the 1961 build date influences the valuation. The larger lot (0.51 acres versus the area average of 0.13) contributes to the valuation. Right now, 7 similar properties are competing for buyers in CREST HAVEN, listed between $390,000 and $749,000. Prices in 78723 have risen 6.2% over the last 6 months. A similar home at 2008 McCloskey ST, Austin TX 78723 carries an adjusted comparable value of $744,140, providing a strong data point. With 7 comparable sales in CREST HAVEN, 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

$583,750 Median Sold Price ▲ 6.2% 6mo

$361/sqft Median $/SqFt ▲ 2% 6mo

42 days Avg Days on Market 34 days faster

145 homes Active Inventory 3.9 mo supply

98.0% Sale-to-List Ratio

224 Sales (6 months)

Recently Sold Comparables

$744,140 adjusted 2008 McCloskey ST, Austin TX 78723 3bd / 2.0ba • 1,439 sqft • 2.5 mi Sold 13 days ago

$785,140 adjusted 3909 Sahm ST, Austin TX 78723 3bd / 2.0ba • 1,439 sqft • 2.6 mi Sold 1 months ago

$776,100 adjusted 1504 Edgewood Ave, Austin TX 78722 3bd / 2.0ba • 1,229 sqft • 2.4 mi Sold 11 months ago

$869,552 adjusted 3712 Werner Ave, Austin TX 78722 3bd / 2.0ba • 1,312 sqft • 2.1 mi Sold 3 months ago

$661,905 adjusted 1701 Simond Ave # 223, Austin TX 78723 3bd / 2.0ba • 1,416 sqft • 2.1 mi Sold 5 months ago

Currently on Market

$499,999 1405 Briarcliff BLVD, Austin TX 78723 3bd / 2.0ba • 1,440 sqft • 1.9 mi 18 days on market

$439,000 1303 Glencrest DR, Austin TX 78723 3bd / 2.0ba • 1,402 sqft • 1.9 mi 195 days on market

$549,000 1308 BROADMOOR DR, Austin TX 78723 3bd / 2.0ba • 1,372 sqft • 1.7 mi 109 days on market

3 Beds

2 Baths 2 Full

1,412 Sq Ft

0.509 Acres

1961 Built

2 Garage

About This Property

This cozy 3 bedroom home sits on one of the last 1/2 acre lots in Central East Austin. It's just across the street from the Mueller Redevelopment. Just imagine riding your to bike to work at Dell Children's Hospital, grabbing a tasty gyro at Tino's Greek Cafe or shopping at Central Austin's Hippest new HEB. LOCATION! Many owners have remodeled the front property and added a garage apartment for extra income. #HipAustin #78723 #CentralEastAustinFEMA - Unknown Restrictions: Yes

Features

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, Wood Under Carpet

Cooling Central Air

Heating Central

Exterior Exterior Steps

County Travis

MLS # 1618260

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $3,778 (2014)

Listing History

MLS# 1618260 27 days

Dec 15, 2014	Off Market
Dec 5, 2014	Price Change	$400,000
Oct 25, 2014	Pending
Sep 28, 2014	Listed	$449,999

Frequently Asked Questions About 2012 EM Franklin Ave, Austin TX 78723

When was 2012 EM Franklin Ave, Austin TX 78723 built?

2012 EM Franklin Ave, Austin TX 78723 was built in 1961.

How much does 2012 EM Franklin Ave, Austin TX 78723 cost?

2012 EM Franklin Ave, Austin TX 78723 sold on December 15, 2014. Contact us for sale price details.

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