2601 South 3rd ST, Austin TX 78704

Off Market

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Ed's Opinion of Value

$395,948 Ed's Estimate: $489,909 $725,000

Lowest Comp Recommended List: $282,000 to $292,000 Highest Comp

Taking into account 6 nearby comparable sales, this property's estimated value comes to $489,909. If we were to list this property today, I'd recommend a list price in the $282,000 to $292,000 range. Relative to what's currently available in OAK RIDGE HEIGHTS, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1960 (5 years newer than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.18 for the typical comp. Buyers in OAK RIDGE HEIGHTS have 7 comparable options right now, with asking prices between $299,900 and $975,000. The 6 month price trend in 78704: fallen 4.9%. The best comp here is 3005 Birdwood CIR, Austin TX 78704 at an adjusted value of $511,117, a strong comparable. This estimate draws on 6 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus

78704 Market Trends

$832,500 Median Sold Price ▼ 4.9% 6mo

$516/sqft Median $/SqFt ▲ 0.8% 6mo

61 days Avg Days on Market 29 days faster

296 homes Active Inventory 5.8 mo supply

96.4% Sale-to-List Ratio

305 Sales (6 months)

Recently Sold Comparables

$511,117 adjusted 3005 Birdwood CIR, Austin TX 78704 2bd / 2.0ba • 936 sqft • 0.5 mi Sold 18 days ago

$517,209 adjusted 2506 Euclid Ave, Austin TX 78704 3bd / 1.0ba • 1,008 sqft • 0.3 mi Sold 2 months ago

$395,948 adjusted 2520 S 6TH ST S, Austin TX 78704 2bd / 2.0ba • 1,039 sqft • 0.2 mi Sold 5 months ago

$455,618 adjusted 2503 S 4th ST, Austin TX 78704 2bd / 1.0ba • 990 sqft • 0.1 mi Sold 7 months ago

$428,527 adjusted 2607 S 4th ST, Austin TX 78704 3bd / 2.0ba • 1,320 sqft • 0.1 mi Sold 5 months ago

Currently on Market

$725,000 2805 S 5th ST, Austin TX 78704 2bd / 1.0ba • 1,170 sqft • 0.3 mi 273 days on market

$498,000 204 La Vista ST, Austin TX 78704 3bd / 1.0ba • 945 sqft • 0.5 mi 189 days on market

$498,000 3015 Burning Oak DR # 2, Austin TX 78704 2bd / 2.0ba • 1,046 sqft • 0.7 mi 44 days on market

2 Beds

1 Baths 1 Full

1,022 Sq Ft

1960 Built

About This Property

This home 2 bedroom charming home is perfect for an OWNER OCCUPANT who like renovation projects. Grandma's house needs a little TLC including updating. This yard is lush with oak trees and it sit on a large corner lot. Homes like it sell for close to $600,000 when renovated. This home qualifies for RENOVATION FINANCING. Perfect combination...live in room and rent out the other one for festivals like SXSW or ACL. #SXSW #STR #SHORTTERMRENTAL #ACL #SXSWRENTALS #AUSTINTEXAS #AUSTINRestrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Dawson

Middle School Fulmore

High School Travis

Property Details

Property Type Residential

Flooring Linoleum, Vinyl, Wood

Cooling Wall/Window Unit(s)

Heating Wall Furnace

Exterior Exterior Steps, Gutters Partial

County Travis

MLS # 9880685

Listing History

MLS# 9880685 101 days

Jul 9, 2014	Price Change	$369,999
Jun 30, 2014	Off Market
May 31, 2014	Pending
Feb 19, 2014	Listed	$425,000

Frequently Asked Questions About 2601 South 3rd ST, Austin TX 78704

When was 2601 South 3rd ST, Austin TX 78704 built?

2601 South 3rd ST, Austin TX 78704 was built in 1960.

How much does 2601 South 3rd ST, Austin TX 78704 cost?

2601 South 3rd ST, Austin TX 78704 sold on June 30, 2014. Contact us for sale price details.

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