311 W 5th ST # 507, Austin TX 78701

Austin, TX 78701 | Plaza Lofts Condo

Ed's Opinion of Value

$477,845 Ed's Estimate: $621,295 $870,000
Lowest Comp Recommended List: $527,000 to $537,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $621,295. Pricing this home between $527,000 and $537,000 would put it in the competitive sweet spot for PLAZA LOFTS CONDO. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in PLAZA LOFTS CONDO's current inventory. At 5 years older than typical comps, the 2002 build date influences the valuation. 7 similar homes are currently available in PLAZA LOFTS CONDO, creating a buyer's market for this price range. Market data shows 78701 prices fallen 23% over the last half year. The closest comparable sale, 360 Nueces ST # 2105, Austin TX 78701 at an adjusted $683,099, is a strong comparable. With 7 comparable sales in PLAZA LOFTS CONDO, 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
1 Beds
2 Baths 1 Full, 1 Half
1,243 Sq Ft
0.004 Acres
2002 Built
1 Garage

About This Property

1BD | 1.5BA | 1,243/SQFT | MLS # 4628573 | OFFERED AT $565,000

Gorgeous modern loft in 78701! You will love the loft's modern feel designed with a large open floor plan, soaring 11ft ceilings with industrial style exposed ducts, and floor-to-ceiling wall of windows for abundant natural light.

Designed for entertaining and perfect for an easy live-work milieu this spacious loft offers a large kitchen with top-of-line appliances and center island that opens to the living, dining, and bar area that extends to the inviting large patio with views from West to East on 5th Street.

Bedroom is of considerable size that includes an intimate alcove, expansive closet, storage, as well as a lovely primary bath with natural stone walk-in shower, dual sink vanity, and modern bathroom armoire. Includes 1 parking space and 1 storage unit. Condo’s location is easy access to onsite gym, parking & storage space, and steps to fun at The Roosevelt Room and The Eleanor Bar.

Location is everything with dining, arts, entertainment, recreation all within walking distance, and this modern loft delivers an incredible locale.

Plaza Lofts offers Concierge service, a rooftop pool, an onsite gym, and just across from Republic Square Park.

Features

  • Built-in Features
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Elevator
  • Open Floorplan
  • Pantry
  • Primary Bedroom on Main
  • Track Lighting
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Concrete
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 4628573
Garage 1 spaces

HOA & Community

HOA Fee $845 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $7,674 (2021)

Listing History

MLS# 4628573 13 days (10 CDOM)
Jul 9, 2021 Off Market
May 28, 2021 Listed $565,000

Frequently Asked Questions About 311 W 5th ST # 507, Austin TX 78701

When was 311 W 5th ST # 507, Austin TX 78701 built?

311 W 5th ST # 507, Austin TX 78701 was built in 2002.

How much does 311 W 5th ST # 507, Austin TX 78701 cost?

311 W 5th ST # 507, Austin TX 78701 sold on July 9, 2021. Contact us for sale price details.

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