3309 Lafayette Ave # 2, Austin TX 78722

Off Market

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Ed's Opinion of Value

$610,000 Ed's Estimate: $866,028 $982,341

Lowest Comp Recommended List: $717,000 to $727,000 Highest Comp

The comparable sales data (3 recent transactions in UPLAND) supports an estimated value of $866,028. The data suggests a list price between $717,000 and $727,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in UPLAND's current inventory. With 7 similar homes currently listed in UPLAND (a balanced market), competition is a factor to consider. Prices in 78722 have fallen 7.6% over the last 6 months. A similar home at 1303 Wilshire BLVD, Austin TX 78722 carries an adjusted comparable value of $982,341, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in UPLAND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

78722 Market Trends

$587,000 Median Sold Price ▼ 7.6% 6mo

$453/sqft Median $/SqFt ▼ 1.8% 6mo

56 days Avg Days on Market 1 days slower

22 homes Active Inventory 3.1 mo supply

96.1% Sale-to-List Ratio

42 Sales (6 months)

Recently Sold Comparables

$982,341 adjusted 1303 Wilshire BLVD, Austin TX 78722 3bd / 3.0ba • 2,165 sqft • 0.5 mi Sold 1 months ago

$887,512 adjusted 1804 E 39th ST, Austin TX 78722 3bd / 2.0ba • 2,159 sqft • 0.5 mi Sold 2 days ago

$652,010 adjusted 1200 Bentwood RD, Austin TX 78722 3bd / 2.0ba • 1,712 sqft • 1 mi Sold 4 months ago

Currently on Market

$610,000 1202 Norwood RD, Austin TX 78722 3bd / 2.0ba • 1,866 sqft • 1.1 mi 39 days on market

$795,000 2103 Greenwood Ave # B, Austin TX 78723 3bd / 3.0ba • 1,978 sqft • 1.2 mi 56 days on market

$720,000 4020 Airport BLVD # 7, Austin TX 78722 3bd / 3.0ba • 2,145 sqft • 0.6 mi 88 days on market

4 Beds

3 Baths 3 Full

2,011 Sq Ft

0.259 Acres

1946 Built

2 Garage

About This Property

This unique two-unit property sitting on a quarter of an acre in the heart of the historic Cherrywood neighborhood in East Austin is an investors dream. Conveniently located 1 mile from University of Texas campus and 2 miles from downtown, this is a perfect property setup for a buyers homestead and investment rental in one. The original house on the property was completed in 1946 and has the cottage house charm this neighborhood is known for and the 1,100 square foot back house was completed in 2018.Guest Accommodations: Yes Restrictions: Yes Sprinkler Sys:Yes

Features

Double Vanity
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Maplewood

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Carpet, Vinyl, Wood

Cooling Central Air

Heating Electric

Exterior Balcony, Private Yard

County Travis

MLS # 8867001

Garage 2 spaces

Tax Information

Annual Taxes (MLS) $14,047 (2020)

Listing History

MLS# 8867001 66 days

Nov 13, 2020	Off Market
Oct 1, 2020	Pending
Aug 14, 2020	Price Change	$985,000
Jul 27, 2020	Listed	$1,150,000

MLS# 7903358

Apr 15, 2016	Off Market
Mar 22, 2016	Listed		$375,000

MLS# 5813318 5 days

Sep 16, 2011	Off Market
Aug 13, 2011	Listed		$274,000

Frequently Asked Questions About 3309 Lafayette Ave # 2, Austin TX 78722

When was 3309 Lafayette Ave # 2, Austin TX 78722 built?

3309 Lafayette Ave # 2, Austin TX 78722 was built in 1946.

How much does 3309 Lafayette Ave # 2, Austin TX 78722 cost?

3309 Lafayette Ave # 2, Austin TX 78722 sold on November 13, 2020. Contact us for sale price details.

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