4901 Louis Ave, Austin TX 78721

Austin, TX 78721 | Eastfield

Ed's Opinion of Value

$175,350 Ed's Estimate: $334,998 $450,000
Lowest Comp Recommended List: $328,000 to $342,000 Highest Comp

Listing History

$400,000 List Price
$332,290 Comp Value
1 Price Reductions

This property was listed at $400,000 and withdrawn after 60 days on market. The price was reduced from $449,000 to $400,000. This listing activity factors into the valuation.

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $334,998. I'd recommend coming to market at $328,000 to $342,000 to strike the right balance between value and market velocity. Against 5 similar active listings in EASTFIELD, this price point lands at the 2nd most expensive of 5 comparable homes on the market. The smaller floor plan (149 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1956, this home is 9 years older than the average comp, which is reflected in the adjustments. Based on 4 relevant data points in EASTFIELD, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
2 Beds
1 Baths 1 Full
744 Sq Ft
0.1957 Acres
1956 Built

About This Property

Prime location with heavy rental rates. Currently leased for $1,800 (Under priced!) per month with a month to month lease. Totally livable space, or tear it down to build something spectacular with massive returns. Over-sized lot has limitless potential. Please note the attached survey.

Features

  • 2 Primary Suites
  • Ceiling Fan(s)
  • Primary Bedroom on Main
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Sims
Middle School Garcia

Property Details

Property Type Residential
Flooring Wood
Cooling Central Air
Heating Central, See Remarks
Exterior Gutters Partial, See Remarks
County Travis
MLS # 5518285

Tax Information

Annual Taxes (MLS) $9,131 (2022)

Listing History

MLS# 5518285 60 days
Jul 31, 2023 Off Market
Jun 28, 2023 Price Change $400,000
May 10, 2023 Listed $459,000

Frequently Asked Questions About 4901 Louis Ave, Austin TX 78721

When was 4901 Louis Ave, Austin TX 78721 built?

4901 Louis Ave, Austin TX 78721 was built in 1956.

How much does 4901 Louis Ave, Austin TX 78721 cost?

4901 Louis Ave, Austin TX 78721 is currently off market.

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