311 E 35th ST, Austin TX 78705

Austin, TX 78705 | Grooms

Ed's Opinion of Value

$703,173 Ed's Estimate: $1,038,143 $1,407,593
Lowest Comp Recommended List: $710,000 to $720,000 Highest Comp
After reviewing 7 recent transactions in GROOMS, I estimate this property's value at $1,038,143. A competitive list price for this home right now would fall in the $710,000 to $720,000 range. This home's position in the current GROOMS market: the most expensive of 4 comparable homes on the market among comparable properties. Being 101 sqft smaller than the average comparable sale in this area impacts the per square foot value. 4 similar homes are currently available in GROOMS, creating a buyer's market for this price range. Prices in 78705 have fallen 11.7% over the last 6 months. A similar home at 716 W 35th ST, Austin TX 78705 carries an adjusted comparable value of $703,173, providing a strong data point. With 7 comparable sales in GROOMS, 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
4 Beds
3 Baths 3 Full
1,929 Sq Ft
0.1539 Acres
1936 Built

About This Property

Welcome to 311 E 35th Street, where opportunity meets charm. Located in the heart of the North
University area, this income-generating property is comprised of two buildings on a lushly landscaped
private lot with close proximity to Downtown Austin, The University of Texas, Moody Center, Moody
Amphitheater, Blanton Museum of Art, and more. Front House: This 1930s 2-bedroom, 1 bath
bungalow exudes vintage charm with its architectural details. Meticulously maintained and updated,
the house features a beautiful kitchen, living room with gas log fireplace, screened-in back porch,
hardwood floors, custom moldings, original hardware, and more. The Carriage House: The carriage
house was built in 2002 to complement the style of the main house, and incorporates some unique
touches, such as reclaimed vintage metal cabinets from the UT chemistry lab that were used to create
both kitchens. The carriage house features two separate studio units; one at ground level and one
upstairs. The ground level studio apartment has concrete floors, antique doors, and its own patio set up
for outdoor lounging. The upstairs studio enjoys vaulted ceilings, hardwood floors and a private deck
under the trees. The front house and carriage house have separate laundry rooms. All three units are
furnished with a combination of modern and antique items, as well as original art, and all of this can be
purchased from the Owner (from the furniture down to all the bedding, towels, pot and pans).
Appliances that will convey include: tankless gas water heaters, two sets of washer/dryers, two gas
ranges, one electric range; three dishwashers, three refrigerators. Rental income statements from both
VRBO and Airbnb are available from the last two years. Itemized furnishing inventories also available.

Features

  • Ceiling Fan(s)
  • Stone Counters

Location

Schools

School District Austin ISD
Elementary Lee
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Central Air
Heating Central, Natural Gas
Exterior Uncovered Courtyard, Garden, Private Yard
County Travis
MLS # 2011684

HOA & Community

Tax Information

Annual Taxes $15,179 (2023)

Listing History

MLS# 2011684 99 days
Sep 5, 2024 Off Market
Jul 10, 2024 Price Change $1,165,000
May 1, 2024 Listed $1,200,000

Frequently Asked Questions About 311 E 35th ST, Austin TX 78705

When was 311 E 35th ST, Austin TX 78705 built?

311 E 35th ST, Austin TX 78705 was built in 1936.

How much does 311 E 35th ST, Austin TX 78705 cost?

311 E 35th ST, Austin TX 78705 sold on September 5, 2024. Contact us for sale price details.

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