407 E 38th ST # 2, Austin TX 78705

Austin, TX 78705 | Hyde Park House Condo

Off Market

Exterior view of 407 E 38th ST # 2, Austin TX 78705

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Ed's Opinion of Value

$600,041 Ed's Estimate: $1,089,993 $1,695,000

Lowest Comp Recommended List: $1,409,000 to $1,442,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,089,993. To generate strong buyer interest while maximizing value, I'd price this between $1,409,000 and $1,442,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in HYDE PARK HOUSE CONDO. Right now, 3 similar properties are competing for buyers in HYDE PARK HOUSE CONDO, listed between $1,200,000 and $1,695,000. The trend in 78705 shows prices have fallen 19.7% in the past 6 months. 4512 Depew Ave, Austin TX 78751 nearby adjusts to $600,041; a strong comparable. 7 comparable transactions in HYDE PARK HOUSE CONDO 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

78705 Market Trends

$309,000 Median Sold Price ▼ 19.7% 6mo

$345/sqft Median $/SqFt ▼ 19.8% 6mo

79 days Avg Days on Market 6 days slower

213 homes Active Inventory 22.4 mo supply

95.5% Sale-to-List Ratio

57 Sales (6 months)

Recently Sold Comparables

$600,041 adjusted 4512 Depew Ave, Austin TX 78751 4bd / 3.0ba • 2,440 sqft • 0.8 mi Sold 4 months ago

$951,336 adjusted 3209 Liberty ST, Austin TX 78705 4bd / 2.0ba • 2,308 sqft • 0.3 mi Sold 8 months ago

$1,442,367 adjusted 4103 Avenue F, Austin TX 78751 5bd / 3.0ba • 2,306 sqft • 0.4 mi Sold 11 months ago

$646,255 adjusted 804 E. DEAN KEETON ST, Austin TX 78705 5bd / 4.0ba • 2,576 sqft • 0.6 mi Sold 4 months ago

$1,605,201 adjusted 606 E 42nd ST, Austin TX 78751 3bd / 2.0ba • 2,335 sqft • 0.4 mi Sold 27 days ago

Currently on Market

$1,200,000 811 E 46th ST, Austin TX 78751 4bd / 3.0ba • 2,364 sqft • 0.9 mi 19 days on market

$1,695,000 708 Sparks Ave, Austin TX 78705 4bd / 4.0ba • 2,847 sqft • 0.5 mi 115 days on market

$1,595,000 501 Carolyn Ave, Austin TX 78705 5bd / 3.0ba • 2,880 sqft • 0.1 mi 1 days on market

4 Beds

3 Baths 3 Full

2,523 Sq Ft

0.17 Acres

1939 Built

About This Property

*Investor Opportunity*- Two units being sold as a package. The large lot with multiple alley access points offers redevelopment potential. Property currently hosts 2 units, one unit on the main level and second unit on upper level with private access from exterior stairs. The main level unit is a 2/2 plus office with a living, kitchen, dining area, and laundry connections. The upper unit is a 2/1 plus office with living and kitchen. A detached carport with storage provides 2 covered spaces and adjacent is space for 3 additional cars. Amazing Hyde Park location, close to UT and medical district. Located 2 blocks from the UT Shuttle/Metro.

Features

Ceiling Fan(s)
Multiple Living Areas
Primary Bedroom on Main
Washer Hookup

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 Ceiling Fan(s), Central Air, Wall/Window Unit(s)

Heating Central

Exterior Gutters Partial

County Travis

MLS # 8139622

Listing History

MLS# 8139622 11 days

Oct 14, 2021	Off Market
Sep 22, 2021	Listed		$715,000

Frequently Asked Questions About 407 E 38th ST # 2, Austin TX 78705

When was 407 E 38th ST # 2, Austin TX 78705 built?

407 E 38th ST # 2, Austin TX 78705 was built in 1939.

How much does 407 E 38th ST # 2, Austin TX 78705 cost?

407 E 38th ST # 2, Austin TX 78705 sold on October 14, 2021. Contact us for sale price details.

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