311 W 5TH # 601, Austin TX 78701

Austin, TX 78701 | Plaza Lofts Condominiums

Off Market

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Ed's Opinion of Value

$321,885 Ed's Estimate: $426,096 $899,000

Lowest Comp Recommended List: $357,000 to $367,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $426,096. For a well positioned listing in 78701, I'd target the $357,000 to $367,000 range. In the current 78701 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in 78701, listed between $349,990 and $899,000. Recent trends in 78701 show home values have fallen 24.1% since 6 months ago. The most comparable recent sale is 54 Rainey ST # 1017, Austin TX 78701, with an adjusted value of $321,885; a strong comparable. 7 comparable transactions in 78701 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group

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

$321,885 adjusted 54 Rainey ST # 1017, Austin TX 78701 1bd / 1.0ba • 865 sqft • 0.8 mi Sold 6 months ago

$534,739 adjusted 901 W 9th ST # 316, Austin TX 78703 2bd / 1.0ba • 933 sqft • 0.4 mi Sold 12 months ago

$507,561 adjusted 555 E 5th ST # 2801, Austin TX 78701 1bd / 1.0ba • 902 sqft • 0.5 mi Sold 11 months ago

$432,199 adjusted 603 Davis ST # 1901, Austin TX 78701 1bd / 1.0ba • 1,005 sqft • 0.7 mi Sold 10 months ago

$453,276 adjusted 360 Nueces ST # 3207, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.2 mi Sold 2 months ago

Currently on Market

$349,990 507 Sabine ST # 509, Austin TX 78701 2bd / 1.0ba • 916 sqft • 0.6 mi 161 days on market

$399,000 603 Davis ST # 2007, Austin TX 78701 1bd / 1.0ba • 879 sqft • 0.7 mi 70 days on market

$899,000 210 Lavaca ST # 1801, Austin TX 78701 1bd / 1.0ba • 840 sqft • 0.2 mi 23 days on market

1 Beds

1 Baths 1 Full

930 Sq Ft

2002 Built

About This Property

Great contemporary loft in the heart of downtown Austin. Stainless steel fixtures and appliances. Balcony with beautiful view, access to rooftop pool. Priced to sell. Bring offers.Restrictions: Yes

Features

High Ceilings
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School Martin

High School Austin

Property Details

Property Type Residential

Flooring Concrete

Cooling Central Air

Heating Central

Exterior Elevator, See Remarks

County Travis

MLS # 8067274

Listing History

MLS# 8067274 35 days

Sep 14, 2004	Off Market
Jun 25, 2004	Pending
May 26, 2004	Price Change	$264,000
May 21, 2004	Listed	$288,750

Frequently Asked Questions About 311 W 5TH # 601, Austin TX 78701

When was 311 W 5TH # 601, Austin TX 78701 built?

311 W 5TH # 601, Austin TX 78701 was built in 2002.

How much does 311 W 5TH # 601, Austin TX 78701 cost?

311 W 5TH # 601, Austin TX 78701 sold on September 14, 2004. Contact us for sale price details.

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