409 E Monroe ST, Austin TX 78704

Off Market

Front left corner view. Has lots of hardwood trees. Better and more photos later

Additional photos available to registered users

Ed's Opinion of Value

$1,022,070 Ed's Estimate: $1,879,827 $2,700,000

Lowest Comp Recommended List: $1,179,000 to $1,189,000 Highest Comp

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,879,827. I'd recommend coming to market at $1,179,000 to $1,189,000 to strike the right balance between value and market velocity. Among the similar homes currently available in FAIRVIEW PARK, this price point stands out as competitive. This home's larger footprint (418 sqft vs the comp average) plays a role in how the market prices it. Built in 1906, this home is 75 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in FAIRVIEW PARK (a balanced market), competition is a factor to consider. The trend in FAIRVIEW PARK shows prices have fallen 53% in the past 6 months. 1402 Drake Ave, Austin TX 78704 nearby adjusts to $2,286,888; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group

FAIRVIEW PARK Market Trends

$1,281,875 Median Sold Price ▼ 53% 6mo

$698/sqft Median $/SqFt ▼ 56.4% 6mo

17 days Avg Days on Market 39 days faster

2 homes Active Inventory 3 mo supply

95.1% Sale-to-List Ratio

4 Sales (6 months)

Recently Sold Comparables

$2,286,888 adjusted 1402 Drake Ave, Austin TX 78704 4bd / 5.0ba • 2,953 sqft • 0.2 mi Sold 29 days ago

$1,022,070 adjusted 1703 Drake Ave, Austin TX 78704 3bd / 2.0ba • 1,318 sqft • 0.1 mi Sold 5 months ago

$1,177,266 adjusted 1611 Alameda DR, Austin TX 78704 3bd / 3.0ba • 3,357 sqft • 0.2 mi Sold 9 months ago

$1,261,722 adjusted 2409 East Side DR, Austin TX 78704 4bd / 4.0ba • 3,064 sqft • 0.8 mi Sold 1 months ago

$1,494,304 adjusted 1907 Travis Heights BLVD, Austin TX 78704 4bd / 4.0ba • 3,054 sqft • 0.5 mi Sold 11 months ago

Currently on Market

$2,700,000 1503 Alta Vista Ave, Austin TX 78704 3bd / 4.0ba • 3,536 sqft • 0.3 mi 165 days on market

$2,550,000 508 Leland ST, Austin TX 78704 4bd / 4.0ba • 3,246 sqft • 0.3 mi 18 days on market

$2,500,000 1605 Chelsea LN # 1, Austin TX 78704 5bd / 4.0ba • 3,300 sqft • 0.6 mi 60 days on market

7 Beds

7 Baths 7 Full

3,303 Sq Ft

0.15 Acres

1906 Built

About This Property

Rare craftsman home appears to have good "bones". Fixer upper well worth the effort. Mostly original trims and doors. Ceilings are original height and have not been lowered. Sq. footage for the house per TCAD is 3303 feet check TCAD may be wrong. 2nd garage apartment to rear per TCAD IS 770 YR BLT 1946. Awesome main level porch and 2nd story porch run full width of house. Views of buildings in downtown. almost all the floors are wood and could be beautiful redone. Large hardwood trees. Lot is corner and the garage apartment is behind the house open to side street. Expect multiple offers so don't wait to see this one. This house is not priced as tear down. All footages are a guesstimate. 2nd garage apartment on adjacent lot is being offered as a separate listing. See agent for pricing and info. It is in MLS. Lot may show up as .30 but it is approximately .15 subject to survey

Features

2 Primary Suites
High Ceilings
Natural Woodwork
Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Travis Hts

Middle School Fulmore

High School Travis

Property Details

Property Type Residential

Exterior None

County Travis

MLS # 6406804

Tax Information

Annual Taxes $28,081 (2021)

Listing History

MLS# 6406804 31 days

Mar 11, 2022	Off Market
Dec 15, 2021	Listed		$1,990,000

Frequently Asked Questions About 409 E Monroe ST, Austin TX 78704

When was 409 E Monroe ST, Austin TX 78704 built?

409 E Monroe ST, Austin TX 78704 was built in 1906.

How much does 409 E Monroe ST, Austin TX 78704 cost?

409 E Monroe ST, Austin TX 78704 sold on March 11, 2022. Contact us for sale price details.

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