Ed's Opinion of Value

$454,304 Ed's Estimate: $680,866 $895,000
Lowest Comp Recommended List: $744,000 to $746,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $680,866. To generate strong buyer interest while maximizing value, I'd price this between $744,000 and $746,000. In the current OAK RIDGE HEIGHTS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 2016 construction puts this home 5 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in OAK RIDGE HEIGHTS; a buyer's market based on recent absorption. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 506 South Park DR # 1, Austin TX 78704 nearby adjusts to $738,301; with a smaller floor plan. 4 comparable transactions in OAK RIDGE HEIGHTS 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
3 Beds
3 Baths 2 Full, 1 Half
1,560 Sq Ft
0.08 Acres
2016 Built
2 Garage

About This Property

Exquisite brand new home minutes from downtown. Contemporary duplex with 3 spacious bedrooms and 2-1/2 baths. This home includes a luxurious kitchen with center island, stainless steel appliances and select granite counter tops! Rooftop patio must be seen! This well-appointed home was built by locally owned Milestone Custom Homes, known for its impeccable craftsmanship and superior design. Subtype = Attached 1/2 Duplex

Features

  • High Ceilings
  • No Interior Steps
  • Recessed Lighting
  • Walk-In Closet(s)
  • Wired for Sound

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Concrete, Tile
Cooling Central Air
Heating Natural Gas
Exterior Exterior Steps
County Travis
MLS # 7128153

Parking

Garage 2 spaces

HOA & Community

HOA Fee $195 /Monthly
HOA Includes Insurance

Tax Information

Annual Taxes $4,522 (2014)

Listing History

MLS# 7128153 40 days (510 CDOM)
Aug 26, 2016 Off Market
Aug 10, 2016 Pending
Jul 22, 2016 Price Change $549,900
Jul 1, 2016 Listed $565,000

Frequently Asked Questions About 2711 S 5th ST # A, Austin TX 78704

When was 2711 S 5th ST # A, Austin TX 78704 built?

2711 S 5th ST # A, Austin TX 78704 was built in 2016.

How much does 2711 S 5th ST # A, Austin TX 78704 cost?

2711 S 5th ST # A, Austin TX 78704 sold on August 26, 2016. Contact us for sale price details.

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