Ed's Opinion of Value

$748,307 Ed's Estimate: $1,549,379 $3,499,000
Lowest Comp Recommended List: $1,518,000 to $1,580,000 Highest Comp

Listing History

$2,194,000 List Price
$1,522,520 Comp Value
1 Price Reductions

This property was listed at $2,194,000 and expired after 104 days on market. The price was reduced from $2,245,000 to $2,194,000. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $1,549,379. For a well positioned listing in OAK RIDGE HEIGHTS, I'd target the $1,518,000 to $1,580,000 range. At this price, the property would be the most affordable of 6 comparable homes on the market comparable homes currently on the market in OAK RIDGE HEIGHTS. Being 1,416 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2021 construction puts this home 10 years newer than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
5 Beds
7 Baths 5 Full, 2 Half
3,748 Sq Ft
0.184 Acres
2021 Built

About This Property

Boasting sleek finishes and an open concept layout this beautiful new construction home is located within walking distance to local shopping, dining, and entertainment! Features include engineered hardwood floors, modern light fixtures, and balcony views of downtown Austin. The elegant kitchen has high-end stainless steel appliances, white quartz countertops, and a beautiful tile backsplash. Walk out onto the 3rd floor balcony and enjoy the view of the city! The loft has a full bathroom and walk in closet, perfect for a 4th bedroom or office. This property includes a 2 BD 2.5 BA, 1092 sq ft ADU. Homes can be purchased separately!

Features

  • Ceiling Fan(s)
  • Quartz Counters
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Dawson
Middle School Fulmore
High School Travis

Property Details

Property Type Residential
Flooring No Carpet, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Private Yard
County Travis
MLS # 3870542

Tax Information

Annual Taxes $8,840 (2021)

Listing History

MLS# 3870542 104 days
Nov 18, 2021 Off Market
Nov 11, 2021 Price Change $2,194,000
Aug 6, 2021 Listed $2,470,000

Frequently Asked Questions About 2611 S 2nd ST, Austin TX 78704

When was 2611 S 2nd ST, Austin TX 78704 built?

2611 S 2nd ST, Austin TX 78704 was built in 2021.

How much does 2611 S 2nd ST, Austin TX 78704 cost?

2611 S 2nd ST, Austin TX 78704 is currently off market.

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