2403 Hancock DR, Austin TX 78756

Austin, TX 78756 | Shoalmont

Ed's Opinion of Value

$520,000 Ed's Estimate: $802,935 $881,564
Lowest Comp Recommended List: $516,000 to $526,000 Highest Comp
Based on 3 closed sales in SHOALMONT, the data points to a value around $802,935 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $516,000 to $526,000. Relative to what's currently available in SHOALMONT, this home would be the most expensive of 5 comparable homes on the market. There are currently 5 similar homes on the market in SHOALMONT, ranging from $520,000 to $740,000. Market data shows SHOALMONT prices risen 28% over the last half year. The closest comparable sale, 5408 Montview ST, Austin TX 78756 at an adjusted $700,102, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
3 Beds
2 Baths 2 Full
1,446 Sq Ft
0.2421 Acres
1948 Built

About This Property

This is a classic older home, built in 1948 in the Shoalmont Subdivision of north central Austin.
This home is very livable and a new roof covering of 30-yr dimensional shingles were installed approx. 6 years ago.
Kitchen was remodeled 4 years ago w/ new soft-close drawers & cabinet doors, quartz countertops & new flooring. Never out-of-style oak hardwood floors in most of the rest of the house. No remodeling to bathrooms.
Leased until June, 2023 & vacated.
Al lot of value is in this tremendously large parcel; it is just under 1/4 acre & listed on the tax roll as .2421 acres (approximately 10,545 sqft). A large pecan tree graces the front yard and there is a long driveway for plenty of parking.
A detached building has been used as a workshop and workout room, as well as a craft space, in the past. It has good lighting and electrical outlets, as well as ample storage cabinets built-in. The concrete floor needs work but if the building will be replaced (see below) then it's a non-factor.
This amazing space offers a homeowner, builder or developer the ability to pursue an ADU, a tear-down and rebuild, request commercial zoning (approved for similar lots on this street) and opportunities only limited by one's imagination. The trees in the back yard are not big enough to prevent adding on, building an additional new structure or starting with a completely clean building canvas.
This huge lot is currently zoned SF3. It is located in a mixed use neighborhood w/ several small businesses, including a great little restaurant right down the street, Epicerie Bistro & Bar. Others include La Mancha, Taco Shack & Pint House Pizza & Beer. You also have easy access to Tiny Pies, The Flower Store, Spring Florist, Upper Crust Bakery, Austin Simply Fit & much more from this ideal location!
Lots this size create many possibilities and they are few and far between. Make this space your own and add on or recreate!

Features

  • Ceiling Fan(s)
  • Quartz Counters
  • Gas Dryer Hookup
  • No Interior Steps
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air, Electric, Whole House Fan
Heating Natural Gas
Exterior See Remarks
County Travis
MLS # 1445739

Tax Information

Annual Taxes (MLS) $17,829 (2023)

Listing History

MLS# 1445739 146 days
Jan 4, 2024 Off Market
Oct 4, 2023 Price Change $629,900
Jul 18, 2023 Listed $779,000

Frequently Asked Questions About 2403 Hancock DR, Austin TX 78756

When was 2403 Hancock DR, Austin TX 78756 built?

2403 Hancock DR, Austin TX 78756 was built in 1948.

How much does 2403 Hancock DR, Austin TX 78756 cost?

2403 Hancock DR, Austin TX 78756 sold on January 4, 2024. Contact us for sale price details.

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