2101 Rivers Edge WAY # 7, Austin TX 78741

Off Market

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Ed's Opinion of Value

$299,000 Ed's Estimate: $409,761 $529,920

Lowest Comp Recommended List: $291,000 to $301,000 Highest Comp

Based on 7 closed sales in RIVERSIDE VILLAS, the data points to a value around $409,761 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $291,000 to $301,000. Relative to what's currently available in RIVERSIDE VILLAS, this home would be the most expensive of 4 comparable homes on the market. Lot size matters here: 0.15 acres versus 0.11 for the typical comp. With 4 similar homes currently listed in RIVERSIDE VILLAS (a buyer's market), competition is a factor to consider. Market data shows 78741 prices fallen 9.6% over the last half year. The closest comparable sale, 2101 Rivers Edge WAY # 17, Austin TX 78741 at an adjusted $411,447, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in RIVERSIDE VILLAS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78741 Market Trends

$330,000 Median Sold Price ▼ 9.6% 6mo

$257/sqft Median $/SqFt ▼ 3.4% 6mo

77 days Avg Days on Market 9 days faster

127 homes Active Inventory 9.2 mo supply

95.2% Sale-to-List Ratio

83 Sales (6 months)

Recently Sold Comparables

$411,447 adjusted 2101 Rivers Edge WAY # 17, Austin TX 78741 3bd / 3.0ba • 1,405 sqft • 0 mi Sold 10 months ago

$400,353 adjusted 2101 Rivers Edge WAY # 9, Austin TX 78741 3bd / 3.0ba • 1,398 sqft • 0 mi Sold 9 months ago

$394,522 adjusted 2001 Faro DR # 34, Austin TX 78741 3bd / 3.0ba • 1,692 sqft • 0 mi Sold 12 months ago

$412,251 adjusted 1602 Whitney WAY, Austin TX 78741 3bd / 2.0ba • 1,594 sqft • 0.3 mi Sold 11 months ago

$529,920 adjusted 4405 Festival PATH # 28, Austin TX 78741 2bd / 3.0ba • 1,340 sqft • 0.9 mi Sold 6 months ago

Currently on Market

$399,000 2001 Faro DR # 37, Austin TX 78741 3bd / 3.0ba • 1,581 sqft • 0.1 mi 2 days on market

$479,000 2101 Rivers Edge WAY # 19, Austin TX 78741 3bd / 3.0ba • 1,692 sqft • 0.1 mi 57 days on market

$299,000 1101 Grove BLVD # 304, Austin TX 78741 3bd / 3.0ba • 1,419 sqft • 0.7 mi 44 days on market

3 Beds

3 Baths 2 Full, 1 Half

1,532 Sq Ft

0.15 Acres

2013 Built

2 Garage

About This Property

Distinctly Designed Downtown Austin Home at a remarkable value! Riverside Villas, a privately gated community, is conveniently located in the heart of Austin. Just 2 miles to Downtown, 3 miles to UT,and 3 miles to ABIA. This stunning home features sleek modern designs, stucco and brick exterior, high ceiling, a gourmet kitchen with granite, wood flooring, wrought iron stair rail, oversized walk-in shower & more.Plus, you can enjoy a more relaxed lifestyle with the professionally maintained outdoor space.Restrictions: Yes Sprinkler Sys:Yes

Features

High Ceilings
Interior Steps
Multiple Living Areas
Primary Bedroom on Main
Recessed Lighting
Walk-In Closet(s)

Location

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Schools

School District Del Valle ISD

Elementary Baty

Middle School John P Ojeda

High School Del Valle

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior None

County Travis

MLS # 8342390

Garage 2 spaces

HOA & Community

HOA Fee $96 /Monthly

HOA Includes Common Area Maintenance

Listing History

MLS# 8342390 8 days

Apr 2, 2014	Off Market
Feb 22, 2014	Pending
Feb 8, 2014	Listed	$289,900

Frequently Asked Questions About 2101 Rivers Edge WAY # 7, Austin TX 78741

When was 2101 Rivers Edge WAY # 7, Austin TX 78741 built?

2101 Rivers Edge WAY # 7, Austin TX 78741 was built in 2013.

How much does 2101 Rivers Edge WAY # 7, Austin TX 78741 cost?

2101 Rivers Edge WAY # 7, Austin TX 78741 sold on April 2, 2014. Contact us for sale price details.

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