2505 San Gabriel ST # 507, Austin TX 78705

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $383,410. I'd recommend coming to market at $429,000 to $430,000 to strike the right balance between value and market velocity. With 4 comparable homes on the market in TEXAN TOWER CONDOMINIUMS, this price positions the property as the most affordable of 4 comparable homes on the market. With 4 similar homes currently listed in TEXAN TOWER CONDOMINIUMS (a buyer's market), competition is a factor to consider. The trend in 78705 shows prices have fallen 4.6% in the past 6 months. 2505 San Gabriel ST # 506, Austin TX 78705 nearby adjusts to $354,515; a strong comparable. With 6 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