3300 HEMLOCK Ave, Austin TX 78722

Austin, TX 78722 | MORLEY SUBD

Ed's Opinion of Value

$677,925 Ed's Estimate: $1,498,667 $2,001,111
Lowest Comp Recommended List: $1,454,000 to $1,544,000 Highest Comp
7 recent sales within half a mile of this address suggest a current value of $1,498,667. My recommended list price range for this property would be $1,454,000 to $1,544,000. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in 78722. Being 1,066 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 1980, this home is 16 years older than the average comp, which is reflected in the adjustments. The active market in 78722 includes 1 comparable homes priced from $1,549,000 to $1,549,000. In 78722, home values have fallen approximately 8.7% over the past 6 months. One of the strongest data points is 3005 French PL, Austin TX 78722, adjusting to $2,001,111; with a smaller floor plan. Based on 7 relevant data points in 78722, 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
10 Beds
5 Baths 2 Full, 3 Half
3,638 Sq Ft
0.19 Acres
1980 Built

About This Property

Unique property in hot area off Manor RD; close to restaurants, coffee shops and mass transit. Currently leased by a residential co-op. 10 bedrooms, 2 full baths, 3 half baths. Studio apartment on top floor. Full basement with bath and laundry facilities. Great investment opportunity. Monthly lease income: $3860. Monthly expenses (excluding mortgage and repairs): $800. Also potential for converting to large private home or possibly a duplex. Convenient to Downtown and the University.FEMA - Unknown Guest Accommodations: Yes Restrictions: Yes

Features

  • Interior Steps
  • Multiple Dining Areas
  • Multiple Living Areas
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Maplewood
Middle School Kealing
High School McCallum

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Wall/Window Unit(s)
Heating Space Heater, See Remarks
Exterior Exterior Steps
County Travis
MLS # 5814204

HOA & Community

Listing History

MLS# 5814204 57 days
Nov 27, 2013 Off Market
Oct 31, 2013 Pending
Sep 24, 2013 Listed $389,900

Frequently Asked Questions About 3300 HEMLOCK Ave, Austin TX 78722

When was 3300 HEMLOCK Ave, Austin TX 78722 built?

3300 HEMLOCK Ave, Austin TX 78722 was built in 1980.

How much does 3300 HEMLOCK Ave, Austin TX 78722 cost?

3300 HEMLOCK Ave, Austin TX 78722 sold on November 27, 2013. Contact us for sale price details.

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