2505 San Gabriel ST # 400, Austin TX 78705

This home was listed at $439,000 and was on the market for 10 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $546,578. Here are some factors that may have played a role: Coming to market in January may have put this home in a slower seasonal window for the Austin area. At the time, there appear to have been 2 similar homes available at lower price points, which may have given buyers other options. Built in 2005, this home may have faced competition from newer construction in the area priced similarly. This home's larger footprint (141 sqft vs the comp average) plays a role in how the market prices it. Built in 2005, this home is 13 years newer than the average comp, which is reflected in the adjustments. Based on 7 relevant data points in TEXAN TOWER CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX