405 W 37th ST, Austin TX 78705

Off Market

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Ed's Opinion of Value

$456,327 Ed's Estimate: $722,828 $939,000

Lowest Comp Recommended List: $851,000 to $907,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $722,828. I'd recommend coming to market at $851,000 to $907,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in LAKEVIEW. There are currently 3 similar homes on the market in LAKEVIEW, ranging from $800,000 to $939,000. The trend in 78705 shows prices have fallen 11.7% in the past 6 months. 510 E 38th ST, Austin TX 78705 nearby adjusts to $820,770; a strong comparable. Based on 7 relevant data points in LAKEVIEW, 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

78705 Market Trends

$320,000 Median Sold Price ▼ 11.7% 6mo

$345/sqft Median $/SqFt ▼ 16.5% 6mo

85 days Avg Days on Market 15 days slower

205 homes Active Inventory 30 mo supply

95.6% Sale-to-List Ratio

41 Sales (6 months)

Recently Sold Comparables

$820,770 adjusted 510 E 38th ST, Austin TX 78705 3bd / 2.0ba • 1,278 sqft • 0.5 mi Sold 8 months ago

$906,889 adjusted 4007 Avenue F, Austin TX 78751 2bd / 2.0ba • 1,170 sqft • 0.4 mi Sold 1 months ago

$456,327 adjusted 1027 E 43rd ST, Austin TX 78751 2bd / 2.0ba • 1,407 sqft • 1.2 mi Sold 5 months ago

$702,900 adjusted 1006 E 44th ST, Austin TX 78751 3bd / 2.0ba • 1,443 sqft • 1 mi Sold 2 months ago

$589,205 adjusted 703 E 47th ST, Austin TX 78751 2bd / 1.0ba • 1,288 sqft • 1.1 mi Sold 2 months ago

Currently on Market

$939,000 4009 Avenue D, Austin TX 78751 3bd / 2.0ba • 1,350 sqft • 0.4 mi 3 days on market

$850,000 306 W 44th ST # A, Austin TX 78751 3bd / 2.0ba • 1,372 sqft • 0.6 mi 21 days on market

$800,000 605 Harris Ave, Austin TX 78705 2bd / 3.0ba • 1,336 sqft • 0.6 mi 43 days on market

3 Beds

2 Baths 2 Full

1,290 Sq Ft

0.144 Acres

1937 Built

1 Garage

About This Property

Completely remodeled home with detached garage on alley. Recently fully remodeled with modern conveniences without losing the old-school look and feel. Updated kitchen with granite counters, stainless steel appliances, marble & brushed nickel hardware. New efficient HVAC, new windows, great hardwood floors, tankless hot water heater, newly repainted inside & out. Garage (2007) & plumbed with gas, electric, & water for easy conversion into add'l living space or add garage apartment for rental income.FEMA - Unknown Sprinkler Sys:Yes

Features

Bookcases
Cedar Closet(s)
Interior Steps
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Lee

Middle School Kealing

High School McCallum

Property Details

Property Type Residential

Flooring Tile, Wood

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 4907037

Parking

Garage 1 spaces

Tax Information

Annual Taxes $11,676 (2016)

Listing History

MLS# 4907037 35 days

Oct 27, 2016	Off Market
Sep 29, 2016	Pending
Sep 15, 2016	Price Change	$585,000
Aug 25, 2016	Listed	$595,000

Frequently Asked Questions About 405 W 37th ST, Austin TX 78705

When was 405 W 37th ST, Austin TX 78705 built?

405 W 37th ST, Austin TX 78705 was built in 1937.

How much does 405 W 37th ST, Austin TX 78705 cost?

405 W 37th ST, Austin TX 78705 sold on October 27, 2016. Contact us for sale price details.

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Dec 3, 2014	Off Market
Sep 18, 2014	Listed		$499,000