3011 E Martin Luther King Jr BLVD # 1, Austin TX 78702

Austin, TX 78702 | Mckinley Heights | Built by CUSTOM HOMES DEVELOPMENT LLC

Ed's Opinion of Value

$701,071 Ed's Estimate: $736,607 $925,000
Lowest Comp Recommended List: $785,000 to $809,000 Highest Comp
5 recent sales within half a mile of this address suggest a current value of $736,607. My recommended list price range for this property would be $785,000 to $809,000. With 7 comparable homes on the market in MCKINLEY HEIGHTS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 0.16 acre lot (larger than the 0.13 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in MCKINLEY HEIGHTS, ranging from $699,000 to $925,000. In MCKINLEY HEIGHTS, home values have fallen approximately 52% over the past 6 months. One of the strongest data points is 3204 E 14th 1/2 ST, Austin TX 78721, adjusting to $741,598; a strong comparable. With 5 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths
1,975 Sq Ft
0.164 Acres
2019 Built

About This Property

Most other 78702 lots can only build one home. My Size of 7234 sq.ft. code says can build 2 three bedroom homes,or even a traditional duplex. Then with a condo regime, can sell individually for approx $500 k per or more!. That's $1,000,000. gross, or more! for land cost at $238k. Thats lot site cost of $139 k per house!! The bottom line is bigger and fatter than with, other smaller lots with 1 home. The closer we offer 50% down, and 50% payoff 1 yr later. Plus views of UT tower & Tx Capitol! Can't Miss!Restrictions: Yes

Location

Schools

School District Austin ISD
Elementary Campbell
Middle School Kealing
High School McCallum

Property Details

Property Type Residential
Heating None
Exterior None
County Travis
MLS # 8639432

Tax Information

Annual Taxes (MLS) $637 (2014)

Listing History

MLS# 8639432 136 days
Oct 7, 2019 Off Market
Apr 30, 2019 Listed $694,900
Dec 8, 2014 Price Change $597,500

Frequently Asked Questions About 3011 E Martin Luther King Jr BLVD # 1, Austin TX 78702

When was 3011 E Martin Luther King Jr BLVD # 1, Austin TX 78702 built?

3011 E Martin Luther King Jr BLVD # 1, Austin TX 78702 was built in 2019.

How much does 3011 E Martin Luther King Jr BLVD # 1, Austin TX 78702 cost?

3011 E Martin Luther King Jr BLVD # 1, Austin TX 78702 sold on October 7, 2019. Contact us for sale price details.

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