2505 San Gabriel ST # 505, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $379,939. I'd recommend coming to market at $423,000 to $424,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in TEXAN TOWER CONDO, this price positions the property as the most affordable of 7 comparable homes on the market. Current inventory shows 7 comparable homes in TEXAN TOWER CONDO; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 18.2% in the past 6 months. 2505 San Gabriel ST # 212, Austin TX 78705 nearby adjusts to $392,293; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group