3845 Ranch Road 2222 RD, Austin TX 78731

Austin, TX 78731 | Terraces Condominiums

Ed's Opinion of Value

$203,278 Ed's Estimate: $327,694 $564,565
Lowest Comp Recommended List: $318,000 to $338,000 Highest Comp
The market data from 4 similar recent sales in TERRACES CONDOMINIUMS points to a value of approximately $327,694. To sell within a reasonable timeframe at fair market value, the $318,000 to $338,000 range is where I'd position this. With 4 comparable homes on the market in TERRACES CONDOMINIUMS, this price positions the property as the most affordable of 4 comparable homes on the market. Buyers in TERRACES CONDOMINIUMS have 4 comparable options right now, with asking prices between $300,000 and $374,900. In 78731, home values have risen approximately 5.6% over the past 6 months. One of the strongest data points is 3845 Ranch Road 2222, Austin TX 78731, adjusting to $251,000; a strong comparable. 4 comparable transactions in TERRACES CONDOMINIUMS 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
2 Beds
3 Baths 2 Full, 1 Half
1,167 Sq Ft
0.1171 Acres
1984 Built
2 Garage

About This Property

HUGE price reduction...priced to sell NOW!Two-Bedroom Condo in Central Austin at The Terraces, #16.
NEW PRICE: located in the heart of vibrant central Austin, this two-bedroom, two-and-a-half-bath condominium is a gem. With a competitive price tag of $345,000, this property offers a comfortable and stylish living space in a prime location. It has some nice updates. The Terraces is ideally situated just minutes away from N Mopac and Loop 360, providing you with easy access to tech centers, downtown, and medical centers. Whether you're commuting for work or exploring the city's numerous attractions, you'll love the convenience of this central location. Enjoy a diverse array of restaurants and grocery stores within a stone's throw of your doorstep, as well as the community swimming pool. This condo features two bedrooms, each with its own private bath, as well as a downstairs half-bath. It has had many updates to the kitchen and baths. It has a two-car garage with two storage closets & openers. All appliances will stay with the condo, including recent washer and dryer and refrigerators. This condo offers the perfect blend of location, affordability, and updated living space.
The front door of the condo is upstairs. Parking is directly across from #16. The owner has already paid the $18,000 assessment for roof and siding replacement throughout the community, with work being done in 2024. No sign, as the HOA forbids them. Just look for #16. Investors? Great rents, running from $1900-$2200 a month. No STR.

Features

  • Bookcases
  • Built-in Features
  • Ceiling Fan(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • Interior Steps
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Highland Park
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Carpet, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior Balcony, Exterior Steps
County Travis
MLS # 9976212
Garage 2 spaces

HOA & Community

HOA Fee $375 /Monthly
HOA Includes Common Area Maintenance

Tax Information

Annual Taxes (MLS) $6,140 (2023)

Listing History

MLS# 9976212 191 days (190 CDOM)
Jul 2, 2024 Off Market
May 20, 2024 Price Change $339,950
Oct 30, 2023 Listed $380,000

Frequently Asked Questions About 3845 Ranch Road 2222 RD, Austin TX 78731

When was 3845 Ranch Road 2222 RD, Austin TX 78731 built?

3845 Ranch Road 2222 RD, Austin TX 78731 was built in 1984.

How much does 3845 Ranch Road 2222 RD, Austin TX 78731 cost?

3845 Ranch Road 2222 RD, Austin TX 78731 sold on July 2, 2024. Contact us for sale price details.

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