2505 San Gabriel ST # 509, Austin TX 78705

Reviewing the most recent comparable transactions, this home's market value falls around $303,361. For a well positioned listing in TEXAN TOWER CONDO, I'd target the $332,000 to $341,000 range. Against 7 similar active listings in TEXAN TOWER CONDO, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 2005 construction puts this home 20 years newer than the comp average, a factor in the pricing. At 0.01 acres, the lot is smaller than the 0.04 acre comp average, which factors into pricing. The active market in TEXAN TOWER CONDO includes 7 comparable homes priced from $319,000 to $375,000. Recent trends in 78705 show home values have fallen 13.8% since 6 months ago. The most comparable recent sale is 2502 Leon ST # 301, Austin TX 78705, with an adjusted value of $341,357; a strong comparable. 7 comparable transactions in TEXAN TOWER CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group