2502 Leon ST # 502, Austin TX 78705

Off Market

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Ed's Opinion of Value

$317,606 Ed's Estimate: $332,461 $415,000

Lowest Comp Recommended List: $397,000 to $403,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $332,461. For a well positioned listing in TEXAN SHOAL CREEK, I'd target the $397,000 to $403,000 range. With 7 comparable homes on the market in TEXAN SHOAL CREEK, this price positions the property as the most affordable of 7 comparable homes on the market. 7 similar homes are currently available in TEXAN SHOAL CREEK, creating a buyer's market for this price range. Recent trends in 78705 show home values have fallen 17.5% since 6 months ago. The most comparable recent sale is 2502 Leon ST # 416, Austin TX 78705, with an adjusted value of $327,088; a strong comparable. The 7 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

78705 Market Trends

$309,500 Median Sold Price ▼ 17.5% 6mo

$347/sqft Median $/SqFt ▼ 18.2% 6mo

78 days Avg Days on Market 1 days faster

208 homes Active Inventory 21.5 mo supply

95.4% Sale-to-List Ratio

58 Sales (6 months)

Recently Sold Comparables

$327,088 adjusted 2502 Leon ST # 416, Austin TX 78705 2bd / 2.0ba • 1,086 sqft • 0 mi Sold 5 months ago

$317,606 adjusted 2502 Leon ST # 201, Austin TX 78705 2bd / 2.0ba • 1,021 sqft • 0.1 mi Sold 5 months ago

$361,182 adjusted 2505 San Gabriel ST # 212, Austin TX 78705 2bd / 2.0ba • 980 sqft • 0.1 mi Sold 10 months ago

$390,195 adjusted 2502 Leon ST # 301, Austin TX 78705 2bd / 2.0ba • 950 sqft • 0.2 mi Sold 6 days ago

$322,647 adjusted 3016 Guadalupe ST # 303, Austin TX 78705 2bd / 2.0ba • 1,100 sqft • 0.7 mi Sold 1 months ago

Currently on Market

$399,999 2502 Leon ST # 505, Austin TX 78705 3bd / 2.0ba • 1,054 sqft • 0 mi 248 days on market

$369,900 2502 Leon ST # 506, Austin TX 78705 3bd / 2.0ba • 1,032 sqft • 0 mi 45 days on market

$415,000 2505 San Gabriel ST # 506, Austin TX 78705 3bd / 2.0ba • 1,099 sqft • 0.2 mi 1 days on market

3 Beds

2 Baths 2 Full

1,036 Sq Ft

0.002 Acres

2007 Built

2 Garage

About This Property

2-Level Penthouse Loft Palm Plan at Texan Shoal Creek. Smart design, features a living room with soaring 2-story ceilings, 3rd bedroom is a loft. Hardwoods, Granite, Stainless Steel and plenty of light! Main level bedrooms both have walk-in closets. Several units of this plan available. Leased to 7/31/2018 @ $2,495. Investors we have units leased to 7/31/2019 ***10% Down Market Rate Financing Available * Building DOES all Short Term RentalsRestrictions: Yes

Features

Breakfast Bar
High Ceilings
No Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)
Wired for Sound

Location

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Schools

School District Austin ISD

Elementary Bryker Woods

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Wood

Cooling Central Air

Heating Central, Electric

Exterior No Exterior Steps

County Travis

MLS # 9725742

Garage 2 spaces

HOA & Community

HOA Fee $342 /Monthly

HOA Includes Common Area Maintenance, Insurance, Landscaping, Maintenance Structure, Trash

Listing History

MLS# 9725742 139 days

Oct 5, 2018	Off Market
Jun 14, 2018	Pending
Jan 26, 2018	Listed	$379,900

MLS# 5590432 116 days

Apr 9, 2018	Off Market
Dec 14, 2017	Listed		$2,395

MLS# 2245789 113 days

Aug 12, 2017	Off Market
Apr 21, 2017	Listed		$379,900

Frequently Asked Questions About 2502 Leon ST # 502, Austin TX 78705

When was 2502 Leon ST # 502, Austin TX 78705 built?

2502 Leon ST # 502, Austin TX 78705 was built in 2007.

How much does 2502 Leon ST # 502, Austin TX 78705 cost?

2502 Leon ST # 502, Austin TX 78705 sold on October 5, 2018. Contact us for sale price details.

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