2807 S 5th ST, Austin TX 78704

Off Market

Welcome to 2807! Owners added striking wood wall.

Additional photos available to registered users

Ed's Opinion of Value

$434,894 Ed's Estimate: $478,075 $650,000

Lowest Comp Recommended List: $518,000 to $538,000 Highest Comp

The estimated value of this property is $478,075, based on 3 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $518,000 and $538,000. In the current OAK RIDGE HEIGHTS market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. Built in 1958, this home is 9 years newer than the average comp, which is reflected in the adjustments. Buyers in OAK RIDGE HEIGHTS have 3 comparable options right now, with asking prices between $515,777 and $650,000. Recent trends in 78704 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2520 S 6TH ST S, Austin TX 78704, with an adjusted value of $434,894; a strong comparable. Based on 3 relevant data points in OAK RIDGE HEIGHTS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78704 Market Trends

$865,000 Median Sold Price ▼ 3.8% 6mo

$500/sqft Median $/SqFt ▼ 4.4% 6mo

87 days Avg Days on Market 20 days slower

357 homes Active Inventory 8.7 mo supply

96.1% Sale-to-List Ratio

245 Sales (6 months)

Recently Sold Comparables

$434,894 adjusted 2520 S 6TH ST S, Austin TX 78704 2bd / 2.0ba • 1,039 sqft • 0.2 mi Sold 1 months ago

$500,529 adjusted 2503 S 4th ST, Austin TX 78704 2bd / 1.0ba • 990 sqft • 0.3 mi Sold 4 months ago

$510,701 adjusted 900 Herndon LN, Austin TX 78704 3bd / 2.0ba • 1,134 sqft • 0.2 mi Sold 12 months ago

Currently on Market

$515,777 703 Herndon LN, Austin TX 78704 2bd / 1.0ba • 1,048 sqft • 0.3 mi 2 days on market

$650,000 2905 Brinwood Ave, Austin TX 78704 2bd / 2.0ba • 1,118 sqft • 0.5 mi 54 days on market

$517,000 204 La Vista ST, Austin TX 78704 3bd / 1.0ba • 945 sqft • 0.5 mi 75 days on market

2 Beds

2 Baths 1 Full, 1 Half

1,008 Sq Ft

0.1686 Acres

1958 Built

About This Property

Vintage, warm South 5th cottage in excellent location and loaded with meaningful upgrades - only a partial list here. Easily work from home with a fully wired custom backyard office, enjoy sunsets from your west facing elevated front porch, and work on your yoga practice in the large, enclosed porch. SF doesn’t include office.

One block from South Austin Recreation Center (pickleball!), close enough to Oltorf to enjoy everything fun on Lamar and South 1st but far enough south to enjoy peace and quiet. This location is absolutely ideal for the 78704 lifestyle.

2023: induction stove/oven installed. 2022: new roof, exterior paint, new HVAC, Ecobee smart thermostat. 2021: enclosed side patio, replaced city sewer line. 2018: built exterior office and extra storage building, extensive electrical upgrade (please see documents for description of work!!). 2015: added gorgeous wood accent wall in living room, replaced all windows with dual pane.

Google Fiber, Simplisafe connected.

Appliances are all negotiable, including backyard BBQ grill and EcoFlow whole house generator, gas generator.

Features

Built-in Features
Ceiling Fan(s)
Stone Counters
High Speed Internet
No Interior Steps
Pantry
Primary Bedroom on Main
Smart Thermostat
Solar Tube(s)
Track Lighting
See Remarks

Location

Map loading...

Schools

School District Austin ISD

Elementary Dawson

Middle School Lively

High School Travis

Property Details

Property Type Residential

Flooring Wood

Cooling Ceiling Fan(s), Central Air, ENERGY STAR Qualified Equipment

Heating ENERGY STAR Qualified Equipment, Natural Gas

Exterior Exterior Steps, Gas Grill, Outdoor Grill, See Remarks

County Travis

MLS # 4439791

Tax Information

Annual Taxes $10,162 (2023)

Listing History

MLS# 4439791 38 days

Feb 27, 2024	Off Market
Jan 16, 2024	Price Change	$709,000
Dec 15, 2023	Listed	$729,000

Frequently Asked Questions About 2807 S 5th ST, Austin TX 78704

When was 2807 S 5th ST, Austin TX 78704 built?

2807 S 5th ST, Austin TX 78704 was built in 1958.

How much does 2807 S 5th ST, Austin TX 78704 cost?

2807 S 5th ST, Austin TX 78704 sold on February 27, 2024. Contact us for sale price details.

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Jun 25, 2009	Off Market
Mar 23, 2009	Listed		$265,000