Ed's Opinion of Value

$1,049,405 Ed's Estimate: $1,323,562 $1,578,916
Lowest Comp Recommended List: $1,335,000 to $1,363,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $1,323,562. For a well positioned listing in BUENA VISTA, I'd target the $1,335,000 to $1,363,000 range. At this price, the property would be the 2nd most expensive of 5 comparable homes on the market comparable homes currently on the market in BUENA VISTA. At 138 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 4 comparable sales didn't include one. The 4 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
4 Beds
4 Baths 4 Full
2,498 Sq Ft
0.1033 Acres
2023 Built
1 Garage

About This Property

NOTE: The pricing is for the lot and permitted plans ONLY. This is a shovel ready lot!

An incredible opportunity for anyone looking to create value through developing a home! This shovel-ready cleared lot comes with fully permitted building plans and it is located in the heart of one of Austin's most desirable neighborhoods.

For the first-time or second-time homebuyer, this lot presents the perfect opportunity to build your dream home inspired by Mila Kunis and Ashton Kutchers LA Farmhouse designed by Howard Backen. Located in a prime location for young singles or couples looking to live blocks away from the vibrant Eastside restaurant and nightlife scene. With the flexibility to choose your own builder or work with our trusted builder, you have the opportunity to customize your home and can create a space that is uniquely yours.

For short-term rental investors, this lot offers the perfect location to capitalize on Austin's thriving tourism industry. With the lot's proximity to downtown Austin, and plans that include 4 bedrooms, 4 bathrooms, a pool, a roof deck, and a garage, it offers an exceptional design that maximizes rental income potential.

For emerging developers, this is an exceptional opportunity to expedite your track record with a trophy asset in a great location without having to deal with the initial permit, saving you carry costs and time.

Don't miss out on this rare opportunity to own a permitted, shovel-ready lot in one of Austin's most desirable neighborhoods. Contact us today to learn more and schedule a viewing.

Permit Lookups:

Plans 2022-135783 PR

Water Tap Permit 2023-024758 TAPS

Property Highlights

Pool In Ground

Features

  • Multiple Living Areas
  • Open Floorplan
  • Pantry
  • Track Lighting

Location

Schools

School District Austin ISD
Elementary Zavala
Middle School Martin

Property Details

Property Type Residential
Flooring Wood
Cooling None
Heating None
Exterior Balcony
County Travis
MLS # 6055720
Garage 1 spaces

Listing History

MLS# 6055720 6 days
Jul 11, 2023 Off Market
Jul 5, 2023 Listed $515,000

Frequently Asked Questions About 2302 Santa Rosa ST, Austin TX 78702

When was 2302 Santa Rosa ST, Austin TX 78702 built?

2302 Santa Rosa ST, Austin TX 78702 was built in 2023.

How much does 2302 Santa Rosa ST, Austin TX 78702 cost?

2302 Santa Rosa ST, Austin TX 78702 is currently off market.

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