2505 E 3rd ST, Austin TX 78702

Austin, TX 78702 | Chernosky

Ed's Opinion of Value

$133,936 Ed's Estimate: $323,611 $574,900
Lowest Comp Recommended List: $484,000 to $500,000 Highest Comp
After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $323,611. Pricing this home between $484,000 and $500,000 would put it in the competitive sweet spot for CHERNOSKY. This home's position in the current CHERNOSKY market: the most affordable of 7 comparable homes on the market among comparable properties. The larger floor plan (117 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years older than typical comps, the 1952 build date influences the valuation. There are currently 7 similar homes on the market in CHERNOSKY, ranging from $330,000 to $584,900. Market data shows CHERNOSKY prices fallen 34.2% over the last half year. The closest comparable sale, 6706 Cruz ST, Austin TX 78741 at an adjusted $133,936, is a strong comparable. The comp data here (5 sales in CHERNOSKY) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
3 Beds
2 Baths 2 Full
1,401 Sq Ft
0.137 Acres
1952 Built

About This Property

*1,401SqFt by recent appraiser's measurement. Remodeled 3 bed/2 bath home in the heart of East Austin's entertainment district, less than 1 mile from Town Lake and close proximity to downtown. New features include; engineered wood floors, granite counters, new cabinets, slate appliances, solid-core doors, recessed lights, brushed nickel fixtures, new HVAC, low-E windows, water heater, xeriscape, outdoor living space w/ fire pit & storage shed. Motivated seller, bring all offers.

Features

  • Vaulted Ceiling(s)
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

School District Austin ISD
Elementary Brooke
Middle School Martin
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps, Fire Pit
County Travis
MLS # 7194083

Tax Information

Annual Taxes (MLS) $3,999 (2015)

Listing History

MLS# 7194083 54 days
Apr 29, 2016 Off Market
Apr 1, 2016 Price Change $549,900
Mar 30, 2016 Pending
Feb 5, 2016 Listed $625,000

Frequently Asked Questions About 2505 E 3rd ST, Austin TX 78702

When was 2505 E 3rd ST, Austin TX 78702 built?

2505 E 3rd ST, Austin TX 78702 was built in 1952.

How much does 2505 E 3rd ST, Austin TX 78702 cost?

2505 E 3rd ST, Austin TX 78702 sold on April 29, 2016. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.