2505 San Gabriel ST # 209, Austin TX 78705

After reviewing 7 recent transactions in TEXAN TOWER CONDO, I estimate this property's value at $297,950. A competitive list price for this home right now would fall in the $338,000 to $347,000 range. This pricing would rank the home as the most affordable of 7 comparable homes on the market in TEXAN TOWER CONDO's current inventory. At 16 years newer than typical comps, the 2005 build date influences the valuation. The smaller lot (0.01 acres versus the area average of 0.04) contributes to the valuation. With 7 similar homes currently listed in TEXAN TOWER CONDO (a buyer's market), competition is a factor to consider. Prices in 78705 have fallen 16% over the last 6 months. A similar home at 2505 San Gabriel ST # 212, Austin TX 78705 carries an adjusted comparable value of $338,192, providing a strong data point. The comp data here (7 sales in TEXAN TOWER CONDO) 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