3311 Red River ST # 306, Austin TX 78705

Austin, TX 78705 | 3311 Red River

Ed's Opinion of Value

$152,988 Ed's Estimate: $194,228 $280,000
Lowest Comp Recommended List: $219,000 to $233,000 Highest Comp
After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $194,228. Pricing this home between $219,000 and $233,000 would put it in the competitive sweet spot for 3311 RED RIVER. Relative to what's currently available in 3311 RED RIVER, this home would be the most affordable of 3 comparable homes on the market. The smaller lot (0.01 acres versus the area average of 0.11) contributes to the valuation. Buyers in 3311 RED RIVER have 3 comparable options right now, with asking prices between $199,500 and $280,000. Market data shows 78705 prices fallen 11.7% over the last half year. The closest comparable sale, 710 E Dean Keeton ST # 210, Austin TX 78705 at an adjusted $219,022, is a strong comparable. The comp data here (3 sales in 3311 RED RIVER) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
1 Beds
1 Baths 1 Full
525 Sq Ft
0.0128 Acres
1973 Built

About This Property

Recently remodeled 1-bedroom, 1-bath condominium in a prime location near the University of Texas.
This unit features a brand-new kitchen with modern appliances, updated bathroom, and fresh finishes throughout.
It would make a great rental, similar units renting at $1,595/month with room for growth, making it a turnkey option for student housing investors.
Ideal for parents looking for in-state tuition for their students or professionals seeking a low-maintenance, high-demand home.
The building offers assigned parking and is within walking distance of dining, shopping, and entertainment.

Features

  • Ceiling Fan(s)
  • Laminate Counters
  • Primary Bedroom on Main
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential Lease
Flooring Laminate
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 7069671

HOA & Community

HOA Fee $25 /Monthly
HOA Includes Maintenance Grounds, See Remarks

Tax Information

Annual Taxes $3,343 (2024)

Listing History

MLS# 7069671 51 days
Mar 10, 2025 Off Market
Jan 18, 2025 Listed $1,595

Frequently Asked Questions About 3311 Red River ST # 306, Austin TX 78705

When was 3311 Red River ST # 306, Austin TX 78705 built?

3311 Red River ST # 306, Austin TX 78705 was built in 1973.

How much does 3311 Red River ST # 306, Austin TX 78705 cost?

3311 Red River ST # 306, Austin TX 78705 sold on March 10, 2025. Contact us for sale price details.

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