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

Austin, TX 78751 | Northfield Annex

Ed's Opinion of Value

$518,131 Ed's Estimate: $648,821 $895,000
Lowest Comp Recommended List: $636,000 to $662,000 Highest Comp

Listing History

$599,000 List Price
$650,897 Comp Value
1 Price Reductions

This property was listed at $599,000 and expired after 78 days on market. The price was reduced from $650,000 to $599,000. This listing activity factors into the valuation.

The market data from 6 similar recent sales in NORTHFIELD ANNEX points to a value of approximately $648,821. To sell within a reasonable timeframe at fair market value, the $636,000 to $662,000 range is where I'd position this. Against 3 similar active listings in NORTHFIELD ANNEX, this price point lands at the most expensive of 3 comparable homes on the market. The 181 sqft size difference versus comparable sales is reflected in the adjusted values. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
3 Beds
3 Baths 2 Full, 1 Half
1,604 Sq Ft
0.1587 Acres
1950 Built

About This Property

**15K Buyer Incentive** SOLD AS IS** If you want a home that puts you in the middle of everything, you’re in the right place! This updated two-story in North Loop has 3 bedrooms, 2.5 baths, and a layout that just makes sense. The kitchen is made for more than just cooking, it’s a gathering place with plenty of granite countertop space to spread out and a tile backsplash that adds just the right amount of character. At the back of the home, a sprawling living space waits, perfect for stretching out, hosting friends, or just letting the day slow down in your own comfortable space. On the main floor you’ll also find 2 bedrooms and 1.5 baths, perfect for guests or a home office. Upstairs? Your own private escape, the primary suite with a full bath, tucked away like a secret retreat. Several updates have been made, from the updated roof (mid-2024), fresh interior and exterior paint, a fully remodeled upstairs bathroom with an updated tub and subfloor, updated carpet in the stairway and primary suite, along with an updated washer, dryer, refrigerator, and gas stove to make daily living effortless. Step outside, and you’ve got a cedar and pine deck with built-in outlets and outdoor-rated fans for morning coffee or evening unwinding, plus a newly installed gravel firepit ready for crisp evenings under the stars. With plenty of room to spare, the backyard offers the perfect opportunity to add an ADU or second unit, whether you’re thinking guest house, rental income, or the ultimate creative studio. But let’s be real: You’re not just buying a house, you’re buying a lifestyle. And the location? Unbeatable. You’re right in the mix, just minutes from downtown, The University of Texas, and some of the best local shops and restaurants. Craving tacos at midnight? Need a last-minute gift? Want to be at a concert without planning your whole night around parking? Done! It’s all right here. Come see it for yourself!

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Interior Steps
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Central Air
Heating Central, Natural Gas
Exterior Private Yard
County Travis
MLS # 7277529

Tax Information

Annual Taxes (MLS) $11,342 (2024)

Listing History

MLS# 7277529 78 days
Aug 9, 2025 Off Market
Jul 30, 2025 Price Change $599,000
May 1, 2025 Listed $725,000

Frequently Asked Questions About 406 W 55th 1/2 ST, Austin TX 78751

When was 406 W 55th 1/2 ST, Austin TX 78751 built?

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

How much does 406 W 55th 1/2 ST, Austin TX 78751 cost?

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

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.