4804 Ribbecke Ave # 1, Austin TX 78721

Austin, TX 78721 | Cedar Valley | Built by Homebound

Ed's Opinion of Value

$572,810 Ed's Estimate: $852,481 $1,117,621
Lowest Comp Recommended List: $835,000 to $870,000 Highest Comp

Listing History

$745,000 List Price
$856,959 Comp Value
1 Price Reductions

This property was listed at $745,000 and withdrawn after 153 days on market. The price was reduced from $786,600 to $745,000. This listing activity factors into the valuation.

Based on 5 closed sales in CEDAR VALLEY, the data points to a value around $852,481 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $835,000 to $870,000. This pricing would rank the home as the most expensive of 5 comparable homes on the market in CEDAR VALLEY's current inventory. At 176 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.28 acres versus 0.22 for the typical comp. The strength of this estimate comes from 5 directly comparable sales in CEDAR VALLEY. 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
4 Beds
4 Baths 1 Full
2,372 Sq Ft
0.2787 Acres
2023 Built

About This Property

Multiple Offers Received. Contact agent for offer instructions. Please submit best offer by 5pm Wednesday November 17. This East Austin home is perfect for a renovation or build on this large sized lot. Just ten minutes from the heart of downtown Austin, this home along the MLK corridor is close to the airport, Springdale park and walking distance to the Sahara Lounge. Enjoy the restaurants and retail on MLK or Manor Road, or head downtown for work or entertainment. This home has great bones or could be developed into a great multifamily property. It also rents quickly for anyone looking for a great investment

Features

  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Sims
Middle School Bertha Sadler Means

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 2257609

Listing History

MLS# 2257609 153 days (154 CDOM)
Jan 24, 2024 Off Market
Aug 24, 2023 Listed $830,000
Nov 10, 2021 Price Change $745,000

Frequently Asked Questions About 4804 Ribbecke Ave # 1, Austin TX 78721

When was 4804 Ribbecke Ave # 1, Austin TX 78721 built?

4804 Ribbecke Ave # 1, Austin TX 78721 was built in 2023.

How much does 4804 Ribbecke Ave # 1, Austin TX 78721 cost?

4804 Ribbecke Ave # 1, Austin TX 78721 is currently off market.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.