2900 Wade Ave, Austin TX 78703

Austin, TX 78703 | Brown Herman

Ed's Opinion of Value

$1,449,040 Ed's Estimate: $2,074,439 $2,999,000
Lowest Comp Recommended List: $2,438,000 to $2,445,000 Highest Comp
The comparable sales data (5 recent transactions in BROWN HERMAN) supports an estimated value of $2,074,439. The data suggests a list price between $2,438,000 and $2,445,000 would attract qualified buyers without leaving money on the table. This would position the home competitively among 4 active listings in BROWN HERMAN. The larger floor plan (411 sqft compared to the average comp) is a meaningful differentiator in this price range. A pool adds market appeal. Only 5 minus 2 of the comps had one. Current inventory shows 4 comparable homes in BROWN HERMAN; a buyer's market based on recent absorption. Prices in BROWN HERMAN have fallen 48.3% over the last 6 months. A similar home at 3500 Taylors DR, Austin TX 78703 carries an adjusted comparable value of $2,444,572, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in BROWN HERMAN. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
4 Beds
3 Baths 3 Full
3,459 Sq Ft
0.4121 Acres
1965 Built
2 Garage

About This Property

Premier Tarrytown location on a corner ~.4121-acre lot. Mid-century modern home designed by Franks De Groot. Four bedrooms, three full baths. Master includes a separate office or exercise space. Expansive windows throughout. Extensive storage. Potential mother-in-law plan with bedroom, full bath, and living on lower level. Koi pond and swimming pool with beautiful landscaping in private courtyard with custom iron gates. Large oak trees. Expansive elevated deck. Home has been updated numerous times over the 40-year span while owned by the current owners. Some additional information on the home:
Franks De Groot was a very well-known and popular architect in Austin in the 1950’s through the 1970’s. He designed a number of homes in Austin during this period, and his focus was mainly on the mid-century modern themes of Frank Lloyd Wright with the goal of having the structure organically integrated with the space and topography of the site. He designed this house in 1964 for Rowland and Flora Petit, two UT PhD professors – Rowland, Chemistry and Flora, a biological researcher. After the home was finished, they added the pool and Koi Pond in the front yard along with the courtyard wall. He was from Australia and added the lava rock touches in the courtyard as part of the pool project. Like any good artist, De Groot signed his work, but on a rafter in the attic not seen for many years. It was not found until a skylight was added in the mid 2000’s.
The current owners bought the house in 1983 and they are the second to own the house. Among the changes they made were the addition of the open deck on the north and west side, and two stairs to the lower level, with access to the courtyard. They later modernized and updated the interior through several projects in the early to mid-2000’s. The architect for these projects was Al Godfrey of Austin.

Property Highlights

Pool Filtered, In Ground, Outdoor Pool, Pool Sweep, Private

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Vaulted Ceiling(s)
  • Granite Counters
  • Gas Dryer Hookup
  • In-Law Floorplan
  • Interior Steps
  • Multiple Living Areas
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup
  • Wired for Sound

Location

Schools

School District Austin ISD
Elementary Casis
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Bamboo, Carpet, Wood
Cooling Central Air
Heating Central
Exterior Balcony, Uncovered Courtyard, Exterior Steps, Private Yard, See Remarks
County Travis
MLS # 7587709

Parking

Garage 2 spaces

Tax Information

Annual Taxes $29,985 (2022)

Listing History

MLS# 7587709 46 days
Jun 15, 2023 Off Market
Apr 3, 2023 Price Change $2,750,000
Feb 22, 2023 Listed $3,200,000

Frequently Asked Questions About 2900 Wade Ave, Austin TX 78703

When was 2900 Wade Ave, Austin TX 78703 built?

2900 Wade Ave, Austin TX 78703 was built in 1965.

How much does 2900 Wade Ave, Austin TX 78703 cost?

2900 Wade Ave, Austin TX 78703 sold on June 15, 2023. Contact us for sale price details.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.