3001 E Martin Luther King Jr BLVD, Austin TX 78702

Off Market

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Ed's Opinion of Value

$194,308 Ed's Estimate: $396,235 $555,910

Lowest Comp Recommended List: $195,000 to $205,000 Highest Comp

Based on 7 closed sales in MCKINLEY HEIGHTS, the data points to a value around $396,235 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $195,000 to $205,000. Buyers shopping in MCKINLEY HEIGHTS right now would see this as a well positioned option among 7 comparable homes. Being built in 1994 (38 years newer than comps) is factored into the value estimate. Lot size matters here: 0.12 acres versus 0.07 for the typical comp. 7 similar homes are currently available in MCKINLEY HEIGHTS, creating a buyer's market for this price range. Market data shows MCKINLEY HEIGHTS prices fallen 52% over the last half year. The closest comparable sale, 1303 Walnut Ave, Austin TX 78702 at an adjusted $549,687, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in MCKINLEY HEIGHTS. 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

MCKINLEY HEIGHTS Market Trends

$700,000 Median Sold Price ▼ 52% 6mo

$436/sqft Median $/SqFt ▼ 13.3% 6mo

38 days Avg Days on Market 63 days faster

6 homes Active Inventory 7.2 mo supply

96.2% Sale-to-List Ratio

5 Sales (6 months)

Recently Sold Comparables

$549,687 adjusted 1303 Walnut Ave, Austin TX 78702 2bd / 1.0ba • 734 sqft • 0.6 mi Sold 2 months ago

$555,910 adjusted 1210 Coleto ST, Austin TX 78702 2bd / 1.0ba • 799 sqft • 0.9 mi Sold 1 months ago

$194,308 adjusted 2401 Manor RD # 210, Austin TX 78722 2bd / 1.0ba • 800 sqft • 0.7 mi Sold 2 months ago

$445,000 adjusted 3010 E 14th ST, Austin TX 78702 2bd / 1.0ba • 1,080 sqft • 0.3 mi Sold 4 months ago

$230,698 adjusted 2401 Manor RD # 236, Austin TX 78722 2bd / 1.0ba • 800 sqft • 0.7 mi Sold 9 months ago

Currently on Market

$230,000 3208 E 16th ST, Austin TX 78721 1bd / 1.0ba • 864 sqft • 0.3 mi 1 days on market

$499,000 2103 E 14th ST # B, Austin TX 78702 2bd / 1.0ba • 850 sqft • 0.9 mi 1 days on market

$439,000 1907 E 21st ST, Austin TX 78722 2bd / 2.0ba • 804 sqft • 0.9 mi 27 days on market

2 Beds

1 Baths 1 Full

775 Sq Ft

0.117 Acres

1994 Built

About This Property

How would you like to be a true part of East Austin culture? Meander to Houndstooth Coffee, Batch, Bird Bird Biscuit, Nixta, and so much more just down the road. Sunday Farmer's market at Mueller and walks on the trail. Catch the rail line and bike to UT! This is a 90s-built bungalow with MLK frontage--perfect for anyone wanting to live in the Austin downtown interior with tasteful simplicity and modern features. Consider the Retail or Office possibilities! Tremendously remodeled: Meticulous tile work (bust out your levels!) concrete and butcher block counters, open shelving, wood flooring, farmhouse sink, SS appliances (natural gas), Recent HVAC (2018), Recent tankless water heater, Nest thermostats, GOOGLE Fiber, and so much more! You still get a yard too with a gate to park your vehicle in privacy. This is perfect for urban Austinite! Don't you just want it? Come on and get it!

Features

Gas Dryer Hookup
No Interior Steps
Primary Bedroom on Main
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Campbell

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Tile

Cooling Central Air

Heating Central, Natural Gas

Exterior Gutters Full, No Exterior Steps, Private Yard

County Travis

MLS # 1648848

Listing History

MLS# 1648848 4 days

May 19, 2021	Off Market
Apr 15, 2021	Listed		$525,000

Frequently Asked Questions About 3001 E Martin Luther King Jr BLVD, Austin TX 78702

When was 3001 E Martin Luther King Jr BLVD, Austin TX 78702 built?

3001 E Martin Luther King Jr BLVD, Austin TX 78702 was built in 1994.

How much does 3001 E Martin Luther King Jr BLVD, Austin TX 78702 cost?

3001 E Martin Luther King Jr BLVD, Austin TX 78702 sold on May 19, 2021. Contact us for sale price details.

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Jul 22, 2013	Off Market
Jun 4, 2013	Listed		$199,950