2503 Gonzales ST, Austin TX 78702

Austin, TX 78702 | Simms Paul

Ed's Opinion of Value

$374,563 Ed's Estimate: $471,069 $685,820
Lowest Comp Recommended List: $303,000 to $313,000 Highest Comp
The market data from 7 similar recent sales in SIMMS PAUL points to a value of approximately $471,069. To sell within a reasonable timeframe at fair market value, the $303,000 to $313,000 range is where I'd position this. With 7 comparable homes on the market in SIMMS PAUL, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 488 sqft size difference versus comparable sales is reflected in the adjusted values. The 1940 construction puts this home 46 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in SIMMS PAUL (a buyer's market), competition is a factor to consider. In 78702, home values have fallen approximately 6.9% over the past 6 months. One of the strongest data points is 2507 Diaz ST, Austin TX 78702, adjusting to $374,563; with a smaller floor plan. 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
2 Beds
1 Baths 1 Full
810 Sq Ft
0.1226 Acres
1940 Built

About This Property

Welcome to this charming French bungalow located in the heart of East Austin, situated on a spacious lot and zoned SF3. Home sits over 40 Feet from street! Nestled one block away from E. 7th St, this property boasts large trees and offers a peaceful retreat from the bustling city life.

Sold AS IS, this property presents a great opportunity for buyers looking to put their own touch on it or who are looking for a great property to build upon. Many other lots on the street have already been developed with new construction, including the lot next door currently under construction as a new build. Buyers are encouraged to do their own due diligence to ensure this property meets their needs.

This location is a dream for nature lovers, as it sits on the hike & bike trail leading directly to Walnut Creek, downtown, and East Austin, providing a convenient commute. Across the street from Zaragosa Park, this hidden gem of an area is also within close proximity to East Austin amenities on 7th Street, East 6th street, Cesar Chavez, and Springdale.

2503 Gonzales St in Austin, TX is located in a vibrant area with many bars, restaurants, and parks nearby. Here are some of the top options within 2 miles of the address:
Bars: Whisler's, La Holly, The White Horse,
Restaurants: Launderette, Via 313 Pizza, Hillside Farmacy

Parks:
1. Rosewood Park - A large park with a playground, basketball court, and a swimming pool.
2. Govalle Park - A park with a playground, walking trails, a pool, and a community garden.
3. Mueller Lake Park - A spacious park with a lake, walking trails, a playground, and a variety of public art installations.

Information deemed to be accurate but but not guaranteed.

Features

  • Ceiling Fan(s)
  • Stone Counters
  • Tile Counters
  • No Interior Steps
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Brooke
Middle School Martin

Property Details

Property Type Residential
Flooring No Carpet, Slate, Vinyl, Wood
Cooling Wall/Window Unit(s)
Heating See Remarks
Exterior Balcony, Gutters Partial, Private Entrance, Private Yard
County Travis
MLS # 7710296

Tax Information

Annual Taxes (MLS) $4,700 (2022)

Listing History

MLS# 7710296 176 days (175 CDOM)
Nov 30, 2023 Off Market
Oct 21, 2023 Price Change $425,000
May 4, 2023 Listed $599,900

Frequently Asked Questions About 2503 Gonzales ST, Austin TX 78702

When was 2503 Gonzales ST, Austin TX 78702 built?

2503 Gonzales ST, Austin TX 78702 was built in 1940.

How much does 2503 Gonzales ST, Austin TX 78702 cost?

2503 Gonzales ST, Austin TX 78702 sold on November 30, 2023. Contact us for sale price details.

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