4502 Hank Ave, Austin TX 78745

Austin, TX 78745 | Forest Oaks Lts &

Ed's Opinion of Value

$285,331 Ed's Estimate: $434,044 $492,824
Lowest Comp Recommended List: $425,000 to $443,000 Highest Comp

Listing History

$700,000 List Price
$422,963 Comp Value
1 Price Reductions

This property was listed at $700,000 and expired after 78 days on market. The price was reduced from $725,000 to $700,000. This listing activity factors into the valuation.

Based on 5 closed sales in FOREST OAKS LTS &, the data points to a value around $434,044 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $425,000 to $443,000. Buyers shopping in FOREST OAKS LTS & right now would see this as a well positioned option among 4 comparable homes. Lot size matters here: 0.27 acres versus 0.20 for the typical comp. The strength of this estimate comes from 5 directly comparable sales in FOREST OAKS LTS &. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
0 Beds
0 Baths 2 Full
908 Sq Ft
0.2748 Acres
1952 Built

About This Property

Rare find and a developers dream lot. Just shy of a 12,000 sqft lot in arguably the hottest neighborhood pocket of the 78745, South Manchaca. Per the Zoning Profile the zoning is SF-3NP allowing multiple units to be built on this lot. Surrounded by new builds, both Single Family Homes w/ pool and Condo Regimes, this lot size allows for endless possibilities. The lot currently sits a classic 1952 - 2 bed/ 2 bath updated bungalow that is indeed live-able. Situated on a quiet street just minutes from Downtown Austin/ ST David's South Austin Medical Center and HWY 290 that allows easy access to the Austin-Bergstrom International Airport. No survey available and tenants are long term folks on a M2M lease now. 30 days post close is required for tenants to move out with ease. Appointment to walk the lot with the listing agent, a text with day/ time will suffice. Buyers & buyers agent to perform all due diligence to confirm details and build possibilities.

Features

  • See Remarks

Location

Schools

School District Austin ISD
Elementary St Elmo
Middle School Bedichek
High School Travis

Property Details

Property Type Land
Flooring Wood
Cooling Other
Heating See Remarks
Exterior See Remarks
County Travis
MLS # 4091243

Tax Information

Annual Taxes $13,021 (2022)

Listing History

MLS# 4091243 78 days
Oct 1, 2022 Off Market
Aug 9, 2022 Price Change $700,000
Jul 15, 2022 Listed $775,000

Frequently Asked Questions About 4502 Hank Ave, Austin TX 78745

When was 4502 Hank Ave, Austin TX 78745 built?

4502 Hank Ave, Austin TX 78745 was built in 1952.

How much does 4502 Hank Ave, Austin TX 78745 cost?

4502 Hank Ave, Austin TX 78745 is currently off market.

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