3107 E 16th ST, Austin TX 78702

Off Market

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Ed's Opinion of Value

$200,000 Ed's Estimate: $585,568 $1,495,000

Lowest Comp Recommended List: $236,000 to $246,000 Highest Comp

After reviewing 5 recent transactions in MCKINLEY HEIGHTS, I estimate this property's value at $585,568. A competitive list price for this home right now would fall in the $236,000 to $246,000 range. Relative to what's currently available in MCKINLEY HEIGHTS, this home would be the 2nd least expensive of 7 comparable homes on the market. The 104 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.14 acres versus the area average of 0.18) contributes to the valuation. There are currently 7 similar homes on the market in MCKINLEY HEIGHTS, ranging from $200,000 to $1,495,000. Prices in MCKINLEY HEIGHTS have fallen 60.3% over the last 6 months. A similar home at 2204 E 14th ST, Austin TX 78702 carries an adjusted comparable value of $766,829, providing a strong data point. With 5 comparable sales in MCKINLEY HEIGHTS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group

MCKINLEY HEIGHTS Market Trends

$579,000 Median Sold Price ▼ 60.3% 6mo

$442/sqft Median $/SqFt ▼ 12.1% 6mo

47 days Avg Days on Market 54 days faster

5 homes Active Inventory 7.5 mo supply

96.4% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$766,829 adjusted 2204 E 14th ST, Austin TX 78702 3bd / 1.0ba • 1,759 sqft • 0.9 mi Sold 12 months ago

$350,176 adjusted 2006 Maple Ave, Austin TX 78722 3bd / 1.0ba • 1,444 sqft • 0.9 mi Sold 1 months ago

$596,392 adjusted 1704 Singleton Ave, Austin TX 78702 3bd / 3.0ba • 1,862 sqft • 0.8 mi Sold 3 months ago

$588,856 adjusted 1903 Maple Ave, Austin TX 78722 3bd / 2.0ba • 1,534 sqft • 0.8 mi Sold 7 days ago

$562,393 adjusted 2205 Coleto ST, Austin TX 78722 3bd / 2.0ba • 1,200 sqft • 1 mi Sold 3 months ago

Currently on Market

$200,000 1805 McKinley Ave, Austin TX 78702 1bd / 1.0ba • 1,424 sqft • 0.1 mi 76 days on market

$1,495,000 1605 Maple Ave, Austin TX 78702 3bd / 2.0ba • 1,687 sqft • 0.8 mi 5 days on market

$625,000 1702 Miriam Ave, Austin TX 78702 3bd / 2.0ba • 1,525 sqft • 0.5 mi 97 days on market

3 Beds

1 Baths 1 Full

1,664 Sq Ft

0.145 Acres

1950 Built

1 Garage

About This Property

What a great opportunity to be close into Austin. This exceptionally located home allows easy access to experience the Austin Vibe and all it has to offer. As the property sits on a corner lot, you can step out on your expansive front porch and enjoy the great Austin weather. This home is perfect for any owner. Whether you want to move in right away or do a bit of updating prior, here is your chance to make downtown living a reality.Restrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Campbell

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Wood, Wood Under Carpet

Cooling Central Air, Wall/Window Unit(s)

Heating Central

Exterior None

County Travis

MLS # 4898591

Parking

Garage 1 spaces

Tax Information

Annual Taxes $2,914 (2017)

Listing History

MLS# 4898591 3 days

Apr 19, 2018	Off Market
Mar 12, 2018	Pending
Mar 9, 2018	Listed	$300,000

Frequently Asked Questions About 3107 E 16th ST, Austin TX 78702

When was 3107 E 16th ST, Austin TX 78702 built?

3107 E 16th ST, Austin TX 78702 was built in 1950.

How much does 3107 E 16th ST, Austin TX 78702 cost?

3107 E 16th ST, Austin TX 78702 sold on April 19, 2018. Contact us for sale price details.

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