312 Montopolis DR, Austin TX 78741

Austin, TX 78741 | Edwards John M Estate

Ed's Opinion of Value

$129,000 Ed's Estimate: $202,123 $298,031
Lowest Comp Recommended List: $127,000 to $137,000 Highest Comp
After reviewing 7 recent transactions in EDWARDS JOHN M ESTATE, I estimate this property's value at $202,123. A competitive list price for this home right now would fall in the $127,000 to $137,000 range. Buyers shopping in EDWARDS JOHN M ESTATE right now would see this as a well positioned option among 6 comparable homes. Being 317 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 5 years newer than typical comps, the 1956 build date influences the valuation. 6 similar homes are currently available in EDWARDS JOHN M ESTATE, creating a buyer's market for this price range. Prices in 78741 have fallen 9.6% over the last 6 months. A similar home at 6206 Ponca ST, Austin TX 78741 carries an adjusted comparable value of $224,608, providing a strong data point. With 7 comparable sales in EDWARDS JOHN M ESTATE, 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
2 Beds
1 Baths 1 Full
560 Sq Ft
0.21 Acres
1956 Built

About This Property

Spanning a generous 0.21 acres and offering incredible downtown views, this property presents an ideal canvas for creating a new vision. Whether it's the potential for a custom-built residence or a development project, the value of this property lies in the land itself. With the opportunity to reimagine the space and maximize its potential, investors and developers have the chance to capitalize on the possibilities that this prime location offers. Just minutes from downtown Austin, this property provides the canvas for creating a new vision that aligns with all the new construction in the fast-developing Montopolis community. From innovative architectural designs that take advantage of the downtown views to thoughtful business use based on the great street visibility, the potential for this property is as vast as the lot it occupies. Enjoy being close to everything - Austin Bergstrom International Airport, Roy G. Guererro Park + Secret Beach, Lustre Pearl, Justine's, Live Oak Brewery, ACC Riverside, Riverside Golf Course, and more. Embrace the opportunity to transform this property into a lucrative investment, whether it's through new residential construction or a development project that maximizes the value of the land. Explore the potential and seize the opportunity to make your mark with this exceptional property.

Features

  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Allison
Middle School Martin

Property Details

Property Type Residential
Flooring See Remarks
Cooling Other
Heating See Remarks
Exterior None
County Travis
MLS # 9469044

Tax Information

Annual Taxes (MLS) $4,161 (2023)

Listing History

MLS# 9469044 46 days
Apr 5, 2024 Off Market
Feb 9, 2024 Listed $349,900

Frequently Asked Questions About 312 Montopolis DR, Austin TX 78741

When was 312 Montopolis DR, Austin TX 78741 built?

312 Montopolis DR, Austin TX 78741 was built in 1956.

How much does 312 Montopolis DR, Austin TX 78741 cost?

312 Montopolis DR, Austin TX 78741 sold on April 5, 2024. Contact us for sale price details.

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