311 W 5th ST # 707, Austin TX 78701

Off Market

Digital Staging envisions dining space at both counter and side area near open island kitchen. Plenty of counter space and abundant storage in kitchen as well.

Additional photos available to registered users

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

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $621,295. I'd recommend coming to market at $527,000 to $537,000 to strike the right balance between value and market velocity. In the current PLAZA LOFTS CONDO market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 2002, this home is 5 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in PLAZA LOFTS CONDO, listed between $499,999 and $925,000. The trend in 78701 shows prices have fallen 23% in the past 6 months. 360 Nueces ST # 2105, Austin TX 78701 nearby adjusts to $683,099; a strong comparable. Based on 7 relevant data points in PLAZA LOFTS CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78701 Market Trends

$577,798 Median Sold Price ▼ 23% 6mo

$661/sqft Median $/SqFt ▼ 0.8% 6mo

122 days Avg Days on Market 13 days slower

241 homes Active Inventory 14.5 mo supply

94.7% Sale-to-List Ratio

100 Sales (6 months)

Recently Sold Comparables

$683,099 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.2 mi Sold 1 months ago

$632,207 adjusted 603 Davis ST # 813, Austin TX 78701 2bd / 2.0ba • 1,219 sqft • 0.7 mi Sold 7 months ago

$477,845 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.7 mi Sold 5 months ago

$802,099 adjusted 360 Nueces ST # 1811, Austin TX 78701 2bd / 2.0ba • 1,280 sqft • 0.2 mi Sold 10 months ago

$630,741 adjusted 360 Nueces ST # 1411, Austin TX 78701 2bd / 2.0ba • 1,221 sqft • 0.2 mi Sold 1 months ago

Currently on Market

$499,999 555 E 5th ST # 521, Austin TX 78701 1bd / 1.0ba • 1,245 sqft • 0.5 mi 173 days on market

$870,000 360 Nueces ST # 2509, Austin TX 78701 2bd / 2.0ba • 1,244 sqft • 0.2 mi 1 days on market

$850,000 360 Nueces ST # 3609, Austin TX 78701 2bd / 2.0ba • 1,244 sqft • 0.2 mi 86 days on market

1 Beds

2 Baths 1 Full, 1 Half

1,243 Sq Ft

0.004 Acres

2002 Built

1 Garage

About This Property

Spacious sophisticated and modern loft located in the heart of DT Austin's Warehouse District, across from Republic Square Park. This is the Greenwich Plan offering an Open floor plan w/ concrete floors and exposed pipes & vents showcases true loft living, 11 foot ceilings provide an airy feel. Modern kitchen has tons of storage/counter space and an eat at island. The bedroom includes enough space to have a study, and the bath offers a spacious walk-in shower and a large closet with significant storage. This unit includes 1 reserved parking space in the gated garage. Floor-to-ceiling windows w/ dramatic drapes, gorgeous large balcony allows you to take in the downtown lights. Access to the 4th floor gym, rooftop pool, sitting area & grill. Full time concierge in lobby with security access. Wonderful opportunity, great price/sf. LB w/ front desk.

Features

Breakfast Bar
High Ceilings
Double Vanity
Electric Dryer Hookup
Kitchen Island
Multiple Living Areas
No Interior Steps
Open Floorplan
Primary Bedroom on Main
Stackable W/D Connections
Track Lighting
Walk-In Closet(s)
Washer Hookup

Location

Map loading...

Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Concrete, Tile

Cooling Central Air

Heating Central

Exterior Balcony, Restricted Access

County Travis

MLS # 8243299

Parking

Garage 1 spaces

HOA & Community

HOA Fee $850 /Monthly

HOA Includes Common Area Maintenance, Hot Water, Insurance, Landscaping, Trash

Tax Information

Annual Taxes $10,048 (2020)

Listing History

MLS# 8243299 27 days (25 CDOM)

Apr 5, 2021	Off Market
Feb 2, 2021	Listed		$540,000

MLS# 5026367 259 days

Apr 7, 2011	Off Market
Jul 10, 2010	Listed		$349,000

MLS# 6292494 98 days

Jan 15, 2010	Off Market
Oct 7, 2009	Listed		$2,000

MLS# 5024261 19 days

Oct 1, 2008	Off Market
Sep 12, 2008	Listed		$2,000

MLS# 6035437 5 days

Aug 1, 2006	Off Market
Jul 20, 2006	Pending
Jul 17, 2006	Listed	$2,000

MLS# 9711189 197 days

Feb 11, 2006	Off Market
Feb 8, 2006	Pending
Jul 29, 2005	Listed	$2,200

Frequently Asked Questions About 311 W 5th ST # 707, Austin TX 78701

When was 311 W 5th ST # 707, Austin TX 78701 built?

311 W 5th ST # 707, Austin TX 78701 was built in 2002.

How much does 311 W 5th ST # 707, Austin TX 78701 cost?

311 W 5th ST # 707, Austin TX 78701 sold on April 5, 2021. Contact us for sale price details.

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