3101 Walling DR, Austin TX 78705

Off Market

Exterior Front : Huge potiential - This home and the house adjacent to this one is owned by the same owner, both are for sale.

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Ed's Opinion of Value

$1,290,143 Ed's Estimate: $1,314,534 $2,350,000

Lowest Comp Recommended List: $1,630,000 to $1,771,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,314,534. To generate strong buyer interest while maximizing value, I'd price this between $1,630,000 and $1,771,000. Among the similar homes currently available in SPEEDWAY HEIGHTS, this price point stands out as competitive. This home's larger footprint (159 sqft vs the comp average) plays a role in how the market prices it. The 1958 construction puts this home 9 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SPEEDWAY HEIGHTS; a buyer's market based on recent absorption. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 4517 Avenue G, Austin TX 78751 nearby adjusts to $1,532,530; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78705 Market Trends

$320,000 Median Sold Price ▼ 11.7% 6mo

$345/sqft Median $/SqFt ▼ 16.5% 6mo

85 days Avg Days on Market 15 days slower

205 homes Active Inventory 30 mo supply

95.6% Sale-to-List Ratio

41 Sales (6 months)

Recently Sold Comparables

$1,532,530 adjusted 4517 Avenue G, Austin TX 78751 4bd / 3.0ba • 3,070 sqft • 1.2 mi Sold 6 months ago

$1,369,858 adjusted 609 Texas Ave, Austin TX 78705 4bd / 2.0ba • 2,966 sqft • 0.4 mi Sold 1 days ago

$1,567,757 adjusted 3207 Fairfax WALK, Austin TX 78705 3bd / 3.0ba • 3,098 sqft • 0.3 mi Sold 11 months ago

$1,312,909 adjusted 4301 Avenue D, Austin TX 78751 4bd / 3.0ba • 2,898 sqft • 0.9 mi Sold 4 months ago

$1,290,143 adjusted 1801 Lavaca ST, Austin TX 78701 3bd / 3.0ba • 2,588 sqft • 1 mi Sold 1 months ago

Currently on Market

$2,350,000 4104 Avenue F, Austin TX 78751 3bd / 4.0ba • 3,030 sqft • 0.8 mi 10 days on market

$1,595,000 4000 Avenue D, Austin TX 78751 4bd / 3.0ba • 2,771 sqft • 0.7 mi 1 days on market

$1,532,727 4010 Avenue D Ave, Austin TX 78751 3bd / 4.0ba • 2,782 sqft • 0.7 mi 13 days on market

3 Beds

3 Baths 3 Full

3,071 Sq Ft

0.152 Acres

1958 Built

About This Property

PRICE REDUCED! Great deal for location 3 blocks form UT. Potential to remodel retaining current sq ft which is larger than McMansion rules would now allow. The house next door at 3103 Walling also for sale. Ideal for one buyer to tear down or renovate. LOW $/sq ft for UT neighborhood!! Don't miss this unique opportunity.Guest Accommodations: Yes

Features

Multiple Dining Areas
Multiple Living Areas
Murphy Bed
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Lee

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Laminate, Wood

Cooling Wall/Window Unit(s)

Heating Central, Natural Gas

Exterior Exterior Steps

County Travis

MLS # 4099276

HOA & Community

HOA Fee $10 /Annually

Listing History

MLS# 4099276 83 days

Dec 31, 2009	Off Market
Nov 9, 2009	Pending
Oct 23, 2009	Price Change	$399,000
Aug 18, 2009	Listed	$450,000

Frequently Asked Questions About 3101 Walling DR, Austin TX 78705

When was 3101 Walling DR, Austin TX 78705 built?

3101 Walling DR, Austin TX 78705 was built in 1958.

How much does 3101 Walling DR, Austin TX 78705 cost?

3101 Walling DR, Austin TX 78705 sold on December 31, 2009. Contact us for sale price details.

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