4701 Red River ST # 203, Austin TX 78751

Austin, TX 78751 | Red River North Condo

Ed's Opinion of Value

$185,556 Ed's Estimate: $393,986 $669,800
Lowest Comp Recommended List: $401,000 to $670,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $393,986. Based on how the local market is moving, a list price between $401,000 and $670,000 would position this home well. This home's position in the current RED RIVER NORTH CONDO market: no active comparable homes on the market among comparable properties. The 567 sqft size difference versus comparable sales is reflected in the adjusted values. At 22 years newer than typical comps, the 1984 build date influences the valuation. The 6 month price trend in 78751: risen 5.8%. The best comp here is 202 E 45th ST # 103, Austin TX 78751 at an adjusted value of $253,820, with a larger floor plan. With 7 comparable sales in RED RIVER NORTH CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
1 Beds
1 Baths 1 Full
395 Sq Ft
0.2 Acres
1984 Built

About This Property

Profitable Short Term Rental (2) Condos, (2 separate listings) Both, renovated and nicely furnished features:Vinyl plank flooring, modern kitchen and tile backsplashes, butcher-block counter-tops, stainless fridge, stove, microwave, lighting and painted. Awesome walk-in steam shower in bathroom! Self sufficient set up, clients can check themselves in. Owner holds 3 of 4 allowed coveted Licenses for short term rentals at complex. Few Condo communities even allow these. Potential cash cow in Central Austin!FEMA - Unknown Restrictions: Yes

Features

  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Commercial Sale
Flooring Vinyl
Cooling Central Air
Heating Central
Exterior Balcony, Exterior Steps
County Travis
MLS # 5126783

HOA & Community

HOA Fee $91 /Monthly
HOA Includes Sewer, Water

Tax Information

Annual Taxes $2,079 (2019)

Listing History

MLS# 5126783 64 days
Jul 29, 2020 Off Market
May 1, 2020 Listed $176,000
Aug 15, 2019 Price Change $169,000

Frequently Asked Questions About 4701 Red River ST # 203, Austin TX 78751

When was 4701 Red River ST # 203, Austin TX 78751 built?

4701 Red River ST # 203, Austin TX 78751 was built in 1984.

How much does 4701 Red River ST # 203, Austin TX 78751 cost?

4701 Red River ST # 203, Austin TX 78751 sold on July 29, 2020. Contact us for sale price details.

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