404 W 55th 1/2 ST, Austin TX 78751

Austin, TX 78751 | Northfield Annex

Ed's Opinion of Value

$240,000 Ed's Estimate: $448,761 $570,500
Lowest Comp Recommended List: $239,000 to $249,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $448,761. To generate strong buyer interest while maximizing value, I'd price this between $239,000 and $249,000. In the current NORTHFIELD ANNEX market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. At 564 sqft smaller than the typical comp, the size difference factors into the valuation. The 1950 construction puts this home 5 years older than the comp average, a factor in the pricing. 7 comparable transactions in NORTHFIELD ANNEX 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
0 Beds
0 Baths
672 Sq Ft
0.1597 Acres
1950 Built

About This Property

Prime Opportunity in Coveted North Loop, Austin:
Discover the perfect canvas for your dream home at 404 West 55th 1/2 Street, nestled in the vibrant heart of North Loop, Austin. This cleared lot offers an unparalleled opportunity to create a bespoke residence just minutes away from downtown. With its desirable location and thoughtful preparation, this parcel is primed for visionary development.

Seamless Building Process:
Simplify your project with included build plans tailored for a 2416 square foot home, ensuring a streamlined construction process. The lot has been meticulously cleared, saving you valuable time and effort. Take advantage of this rare opportunity to bring your architectural vision to life in one of Austin's most sought-after neighborhoods.

Motivated Sellers Await:
Act now to secure your stake in this thriving real estate landscape. Motivated sellers eagerly anticipate partnering with you to make your vision a reality. Don't miss out on the chance to shape your future in North Loop, Austin's premier destination for bespoke living. Contact us today to seize this exceptional opportunity.

Location

Schools

School District Austin ISD
Elementary Reilly
Middle School Lamar (Austin ISD)
High School Austin

Property Details

Property Type Land
County Travis
MLS # 1473884

Tax Information

Annual Taxes (MLS) $8,656 (2023)

Listing History

MLS# 1473884 18 days (43 CDOM)
Aug 29, 2024 Off Market
Aug 12, 2024 Listed $445,000

Frequently Asked Questions About 404 W 55th 1/2 ST, Austin TX 78751

When was 404 W 55th 1/2 ST, Austin TX 78751 built?

404 W 55th 1/2 ST, Austin TX 78751 was built in 1950.

How much does 404 W 55th 1/2 ST, Austin TX 78751 cost?

404 W 55th 1/2 ST, Austin TX 78751 is currently off market.

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