311 West 5th # 1, Austin TX 78701

Austin, TX 78701 | Plaza Lofts Condominiums

Off Market

Exterior Front : Plaza Lofts Building Located Across the Street From Republic Square Park. Within Blocks to Many of Austin's Finest Restaurants, Entertainment, Whole Foods Market and Town Lake. Controlled and Monitored Building Access, Entry Camera Closed-Circut

Additional photos available to registered users

Ed's Opinion of Value

$793,370 Ed's Estimate: $1,206,964 $1,621,364

Lowest Comp Recommended List: $1,032,000 to $1,042,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $1,206,964. For a well positioned listing in 78701, I'd target the $1,032,000 to $1,042,000 range. In the current 78701 market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. This home's larger footprint (132 sqft vs the comp average) plays a role in how the market prices it. 4 similar homes are currently available in 78701, creating a buyer's market for this price range. Recent trends in 78701 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 360 Nueces ST # 4305, Austin TX 78701, with an adjusted value of $1,621,364; a strong comparable. 5 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

$585,000 Median Sold Price ▼ 20.5% 6mo

$654/sqft Median $/SqFt ▼ 1.8% 6mo

119 days Avg Days on Market 9 days slower

240 homes Active Inventory 14.5 mo supply

94.7% Sale-to-List Ratio

99 Sales (6 months)

Recently Sold Comparables

$1,621,364 adjusted 360 Nueces ST # 4305, Austin TX 78701 2bd / 3.0ba • 2,070 sqft • 0.2 mi Sold 2 months ago

$1,190,246 adjusted 800 W 5th ST # 808, Austin TX 78703 2bd / 2.0ba • 2,422 sqft • 0.3 mi Sold 1 months ago

$793,370 adjusted 800 W 5th ST # 705, Austin TX 78703 2bd / 2.0ba • 1,482 sqft • 0.3 mi Sold 7 months ago

$1,324,623 adjusted 555 E 5th ST # 2906, Austin TX 78701 3bd / 3.0ba • 2,314 sqft • 0.5 mi Sold 8 months ago

$809,900 adjusted 800 W 5th ST # 902, Austin TX 78703 2bd / 2.0ba • 1,478 sqft • 0.4 mi Sold 5 months ago

Currently on Market

$1,499,500 800 W 5th ST # 1209, Austin TX 78703 2bd / 2.0ba • 2,215 sqft • 0.3 mi 171 days on market

$1,269,000 800 W 5th ST # 1104, Austin TX 78703 2bd / 2.0ba • 2,215 sqft • 0.3 mi 89 days on market

$989,000 54 Rainey ST # 1018, Austin TX 78701 3bd / 3.0ba • 1,956 sqft • 0.8 mi 1 days on market

2 Beds

2 Baths 2 Full

2,085 Sq Ft

0.01 Acres

2002 Built

2 Garage

About This Property

A TRUE PENTHOUSE WITH ROOFTOP GARDEN! STUNNING PANORAMIC VIEWS OF AUSTIN. ONE OF A KIND IN AUSTIN. A STUNNING PLACE TO LIVE AND ENTERTAIN. CONCIERGE, GRANITE, TRAVERTINE TILE, WALLS OF WINDOWS. WALK TO WHOLEFOODS, ENTERTAINMENT, DINING AND TOWNLAKE!Restrictions: Yes

Features

Breakfast Bar
High Ceilings
Entrance Foyer
Pantry
Primary Bedroom on Main
Track Lighting
Walk-In Closet(s)

Location

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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 See Remarks

County Travis

MLS # 8686802

Parking

Garage 2 spaces

HOA & Community

HOA Fee $733 /Monthly

HOA Includes Common Area Maintenance, Insurance, Maintenance Structure, Sewer, Trash

Listing History

MLS# 8686802 115 days

Aug 17, 2007	Off Market
Mar 30, 2007	Listed	$1,300,000
Jun 2, 2006	Price Change	$1,100,000

Frequently Asked Questions About 311 West 5th # 1, Austin TX 78701

When was 311 West 5th # 1, Austin TX 78701 built?

311 West 5th # 1, Austin TX 78701 was built in 2002.

How much does 311 West 5th # 1, Austin TX 78701 cost?

311 West 5th # 1, Austin TX 78701 sold on August 17, 2007. Contact us for sale price details.

Similar Properties

$774,000 48 East Ave # 3209, Austin TX 78701 2 bd | 2 ba

$775,000 2711 Stacy LN # 2, Austin TX 78704 2 bd | 2 ba

$775,000 433 Towne Park TRL, Austin TX 78751 2 bd | 2 ba

$779,000 360 Nueces ST # 2704, Austin TX 78701 2 bd | 2 ba

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