4504 Red River ST, Austin TX 78751

Austin, TX 78751 | Ridgetop Annex

Ed's Opinion of Value

$595,115 Ed's Estimate: $989,720 $1,474,136
Lowest Comp Recommended List: $1,192,000 to $1,280,000 Highest Comp
The market data from 5 similar recent sales in RIDGETOP ANNEX points to a value of approximately $989,720. To sell within a reasonable timeframe at fair market value, the $1,192,000 to $1,280,000 range is where I'd position this. Among the similar homes currently available in RIDGETOP ANNEX, this price point stands out as competitive. The active market in RIDGETOP ANNEX includes 4 comparable homes priced from $789,000 to $1,200,000. In RIDGETOP ANNEX, home values have fallen approximately 34.5% over the past 6 months. One of the strongest data points is 4512 Depew Ave, Austin TX 78751, adjusting to $595,115; with a larger floor plan. 5 comparable transactions in RIDGETOP ANNEX 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
5 Beds
4 Baths 4 Full
2,330 Sq Ft
0.1785 Acres
1940 Built

About This Property

Two remodeled homes on one lot in Central Austin's Hyde Park neighborhood. Both houses have new HVAC's, tankless water heaters, their own electric meter, new flooring, windows, bathrooms, kitchen, and more. The front home is 3 bedrooms with 2 full baths giving flexibility for an at home office or workout space. The fully updated kitchen boasts stainless steel appliances and a large pantry closet while the living area is full of natural light and perfect for visiting with friends and family. The bright entry way is perfect for a morning coffee or enjoying a meal with friends. You'll love the xeriscape front yard and private backyard as well as its proximity to the University of Texas, shopping at Mueller, I-35, HEB, and Hancock Golf Course.

The second home on the property is a 2 bedroom 2 bath home perfect for guests, a home office, a short term rental or tenants. The spiraled iron staircase is full of character and gives the upstairs a wonderful treehouse feeling. A balcony off of the upstairs living area is a perfect spot to enjoy some shade and an afternoon tea or a cold one. With bedroom suites on the first and second level, occupants have flexibility and privacy. The back house has its own parking area with access off of the alley and a private yard.

The flexibility of use for 4504 Red River is unmatched as it is perfect for an owner/occupant wishing to live in one home and rent the other or to rent the back home as a short term rental. Investors have two high earning properties, or the two can be combined to make a private getaway in the middle of Hyde Park.

Features

  • Ceiling Fan(s)
  • Crown Molding
  • Interior Steps
  • Multiple Living Areas
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting

Location

Schools

School District Austin ISD
Elementary Lee
Middle School Kealing
High School McCallum

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Central
Exterior Balcony
County Travis
MLS # 8576629

Tax Information

Annual Taxes $21,023 (2022)

Listing History

MLS# 8576629 21 days
Sep 16, 2022 Off Market
Aug 5, 2022 Listed $1,095,000

Frequently Asked Questions About 4504 Red River ST, Austin TX 78751

When was 4504 Red River ST, Austin TX 78751 built?

4504 Red River ST, Austin TX 78751 was built in 1940.

How much does 4504 Red River ST, Austin TX 78751 cost?

4504 Red River ST, Austin TX 78751 sold on September 16, 2022. Contact us for sale price details.

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