Ed's Opinion of Value

$395,000 Ed's Estimate: $672,059 $733,260
Lowest Comp Recommended List: $399,000 to $409,000 Highest Comp
After reviewing 7 recent transactions in HARTWELL, I estimate this property's value at $672,059. A competitive list price for this home right now would fall in the $399,000 to $409,000 range. Buyers shopping in HARTWELL right now would see this as a well positioned option among 4 comparable homes. Being 579 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 20 years newer than typical comps, the 2023 build date influences the valuation. There are currently 4 similar homes on the market in HARTWELL, ranging from $395,000 to $649,000. Prices in 78702 have fallen 10.8% over the last 6 months. A similar home at 2515 Gonzales ST, Austin TX 78702 carries an adjusted comparable value of $595,969, providing a strong data point. The comp data here (7 sales in HARTWELL) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
0 Beds
0 Baths
1,000 Sq Ft
0.1456 Acres
2023 Built

About This Property

Discover a premier office building located at 2903 E 2nd St, Austin, TX 78702, just one block from Cesar Chavez and seven blocks West Airport Blvd. This property spans 4,884 SF and sits on a 0.15 acre lot, offering modern amenities and an exceptional location. Zoned GR-MU-NP, the property provides flexibility for a variety of commercial uses, making it an ideal location for businesses seeking to establish their presence in a prime area.

Tenants are drawn to this dynamic location for its proximity to major transportation routes, including easy access to downtown Austin, the airport, and major highways like I-35. In addition to its central location, the building offers state-of-the-art amenities such as high-speed internet, modern security systems, and energy-efficient features, creating an optimal environment for both creative and professional businesses. With nearby restaurants, cafes, and local services, tenants benefit from the vibrant neighborhood, enhancing work-life balance and convenience. Businesses here thrive not only due to the strong foot traffic but also because of the collaborative, entrepreneurial spirit that defines this area, making it a hub for networking and growth.

PRIME OPPORTUNITY FOR TENANTS:
This property presents a unique opportunity for new tenants, with several key
advantages:
- Turn-key condition, ready for immediate occupancy or leasing.
- Energy-efficient construction with sustainability features for long-term cost savings.
- Flexible floor plans that can be easily tailored to meet business needs.
- Prime location in a high-demand business district, ensuring strong tenant interest.

Location

Schools

School District Austin ISD
Elementary Brooke
Middle School Martin

Property Details

Property Type Commercial Sale
Flooring Carpet, Concrete, Tile
Stories 2
Cooling Central Air
Heating Central
County Travis
MLS # 5740576

Listing History

MLS# 5740576 475 days
Apr 29, 2025 Off Market
Dec 5, 2024 Price Change $2,500,000
Jun 9, 2023 Listed $3,700,000

Frequently Asked Questions About 2903 E 2nd ST, Austin TX 78702

When was 2903 E 2nd ST, Austin TX 78702 built?

2903 E 2nd ST, Austin TX 78702 was built in 2023.

How much does 2903 E 2nd ST, Austin TX 78702 cost?

2903 E 2nd ST, Austin TX 78702 sold on April 29, 2025. Contact us for sale price details.

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