2505 E 2nd ST, Austin TX 78702

Austin, TX 78702 | Highway

Ed's Opinion of Value

$773,256 Ed's Estimate: $844,190 $1,349,000
Lowest Comp Recommended List: $1,204,000 to $1,271,000 Highest Comp
The comparable sales data (7 recent transactions in HIGHWAY) supports an estimated value of $844,190. The data suggests a list price between $1,204,000 and $1,271,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most affordable of 7 comparable homes on the market in HIGHWAY's current inventory. Being built in 1932 (86 years older than comps) is factored into the value estimate. 7 similar homes are currently available in HIGHWAY, creating a buyer's market for this price range. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 2512 E 2nd ST, Austin TX 78702 carries an adjusted comparable value of $786,783, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in HIGHWAY. 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
5 Beds
3 Baths 2 Full, 1 Half
2,164 Sq Ft
0.169 Acres
1932 Built

About This Property

This unique East Austin property consists of a 3/1 timeless bungalow plus a modern two-story 1/1.5 ADU built in 2019. Upon entry of this open & airy bungalow, you are greeted with an abundance of natural light, balancing light &space perfectly. The three spacious bedrooms, gorgeous wood floors, & updated kitchen shine! The private backyard is an urban oasis offering the best in year-round outdoor living, drought-tolerant native landscape & hardscape both front & back w/ rose bushes, herb gardens, and water garden, to name a few. The modern 2-story ADU has a lovely full kitchen & bathroom downstairs & upstairs through its private entrance; the music studio has a half bath & upper deck overlooking the gorgeous & spacious backyard. Whether a personal residence or income property, this home truly offers the best of Austin living. Walk&bike to coffee shops, restaurants, music venues, boutiques, downtown, festival beach, and more. Live, Love,& Enjoy Austin living.

Features

  • Ceiling Fan(s)
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Brooke
Middle School Martin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Garden
County Travis
MLS # 2847537

Tax Information

Annual Taxes $11,901 (2021)

Listing History

MLS# 2847537 4 days
May 31, 2022 Off Market
Apr 22, 2022 Listed $1,295,000

Frequently Asked Questions About 2505 E 2nd ST, Austin TX 78702

When was 2505 E 2nd ST, Austin TX 78702 built?

2505 E 2nd ST, Austin TX 78702 was built in 1932.

How much does 2505 E 2nd ST, Austin TX 78702 cost?

2505 E 2nd ST, Austin TX 78702 sold on May 31, 2022. Contact us for sale price details.

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