301 West Ave # 5001, Austin TX 78701

Austin, TX 78701 | Independent | Built by Balfour Beatty

Off Market

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Ed's Opinion of Value

$984,878 Ed's Estimate: $1,133,131 $1,799,500

Lowest Comp Recommended List: $882,000 to $892,000 Highest Comp

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $1,133,131. Pricing this home between $882,000 and $892,000 would put it in the competitive sweet spot for INDEPENDENT. Relative to what's currently available in INDEPENDENT, this home would be the 2nd least expensive of 7 comparable homes on the market. The active market in INDEPENDENT includes 7 comparable homes priced from $824,995 to $1,799,500. Market data shows 78701 prices fallen 24.1% over the last half year. The closest comparable sale, 222 West Ave # 1213, Austin TX 78701 at an adjusted $1,040,689, is a strong comparable. The comp data here (6 sales in INDEPENDENT) 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

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.7 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$1,040,689 adjusted 222 West Ave # 1213, Austin TX 78701 2bd / 2.0ba • 1,360 sqft • 0.1 mi Sold 1 months ago

$1,326,410 adjusted 44 East Ave # 4302, Austin TX 78701 2bd / 2.0ba • 1,411 sqft • 1.1 mi Sold 4 months ago

$984,878 adjusted 501 West Ave # 804, Austin TX 78701 2bd / 2.0ba • 1,327 sqft • 0.1 mi Sold 2 months ago

$1,244,289 adjusted 70 Rainey ST # 1408, Austin TX 78701 2bd / 2.0ba • 1,434 sqft • 1 mi Sold 10 months ago

$1,112,278 adjusted 501 West Ave # 904, Austin TX 78701 2bd / 2.0ba • 1,327 sqft • 0.1 mi Sold 4 months ago

Currently on Market

$1,799,500 222 West Ave # 3002, Austin TX 78701 2bd / 2.0ba • 1,428 sqft • 0.1 mi 56 days on market

$1,425,000 70 Rainey ST # 1908, Austin TX 78701 2bd / 2.0ba • 1,434 sqft • 0.9 mi 75 days on market

$1,180,000 222 West Ave # 2806, Austin TX 78701 2bd / 2.0ba • 1,376 sqft • 0.1 mi 22 days on market

2 Beds

2 Baths 2 Full

1,441 Sq Ft

2018 Built

2 Garage

About This Property

Modern living w/concierge services in the heart of Downtown. This 50th floor corner unit offers expansive views of the Austin skyline, Lady Bird Lake and Hill Country. The gourmet kitchen is perfect for entertaining, open to the living space. There are 2 levels (over 20K SQFT) of amenities to enjoy including a commercial kitchen, infinity edge heated pool, fitness studio, dog run and guest suites. Minutes to the best shopping, restaurants and lifestyle that Austin has to offer. https://vimeo.com/394279587FEMA - Unknown Restrictions: Yes

Features

Breakfast Bar
High Ceilings
Primary Bedroom on Main
Recessed Lighting
See Remarks

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air, Evaporative Cooling

Heating Central

Exterior Balcony, Barbecue, Elevator, See Remarks

County Travis

MLS # 4794015

Parking

Garage 2 spaces

HOA & Community

HOA Fee $813 /Monthly

HOA Includes Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Trash

Tax Information

Annual Taxes $5,311 (2019)

Listing History

MLS# 4794015 15 days

May 15, 2020	Off Market
Mar 19, 2020	Pending
Mar 4, 2020	Listed	$1,390,000

Frequently Asked Questions About 301 West Ave # 5001, Austin TX 78701

When was 301 West Ave # 5001, Austin TX 78701 built?

301 West Ave # 5001, Austin TX 78701 was built in 2018.

How much does 301 West Ave # 5001, Austin TX 78701 cost?

301 West Ave # 5001, Austin TX 78701 sold on May 15, 2020. Contact us for sale price details.

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