4904 Alf Ave, Austin TX 78721

Austin, TX 78721 | Springdale

Ed's Opinion of Value

$305,000 Ed's Estimate: $394,000 $525,000
Lowest Comp Recommended List: $307,000 to $317,000 Highest Comp
The comparable sales data (4 recent transactions in SPRINGDALE) supports an estimated value of $394,000. The data suggests a list price between $307,000 and $317,000 would attract qualified buyers without leaving money on the table. Buyers shopping in SPRINGDALE right now would see this as a well positioned option among 7 comparable homes. Being built in 1961 (9 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in SPRINGDALE, ranging from $300,000 to $525,000. Prices in 78721 have fallen 6.5% over the last 6 months. A similar home at 4615 Munson ST, Austin TX 78721 carries an adjusted comparable value of $388,693, providing a strong data point. The strength of this estimate comes from 4 directly comparable sales in SPRINGDALE. 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
2 Beds
1 Baths 1 Full
846 Sq Ft
0.1756 Acres
1961 Built

About This Property

Endless Potential in East Austin: Charming Bungalow, Expansive Lot, Exceptional Location!
Welcome to 4904 Alf Ave, a cozy East Austin bungalow with tons of charm and impressive investment potential! This 2-bedroom, 1-bath cottage sits on a spacious lot, with a large backyard that’s ripe with possibilities. Currently operating as a high-performing Airbnb, it offers a unique opportunity for immediate income—financials are available for those interested. Just steps away, the vibrant Springdale Green, Springdale General, and Springdale Station create a lively, walkable neighborhood filled with art studios, coffee shops, breweries, and unique local shopping. Plus, this location is a quick uber drive to downtown and hotspots like East 6th St., Rainey Street, South Congress, and West 6th, making it a prime choice for vacation rentals or future development.
For investors, the options are limitless. Keep it as a lucrative short-term rental or build a custom home that capitalizes on the expansive lot and the neighborhood’s renowned vibrancy and eclectic appeal. Or even consider adding an accessory dwelling unit (ADU) to maximize income on this valuable property. Whether you’re looking to build, invest, or enjoy the lifestyle yourself, this East Austin gem offers unmatched flexibility in a booming area.

Features

  • Ceiling Fan(s)
  • Electric Dryer Hookup
  • Eat-in Kitchen
  • High Speed Internet
  • No Interior Steps
  • Primary Bedroom on Main
  • Smart Thermostat
  • Washer Hookup
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Govalle
Middle School Martin

Property Details

Property Type Residential
Flooring Wood
Cooling Ceiling Fan(s), Central Air
Heating Central, Natural Gas
Exterior Exterior Steps, Gutters Partial, No Exterior Steps, Private Yard
County Travis
MLS # 9928274

Tax Information

Annual Taxes (MLS) $7,689 (2024)

Listing History

MLS# 9928274 5 days
Dec 11, 2024 Off Market
Nov 6, 2024 Listed $459,000

Frequently Asked Questions About 4904 Alf Ave, Austin TX 78721

When was 4904 Alf Ave, Austin TX 78721 built?

4904 Alf Ave, Austin TX 78721 was built in 1961.

How much does 4904 Alf Ave, Austin TX 78721 cost?

4904 Alf Ave, Austin TX 78721 sold on December 11, 2024. Contact us for sale price details.

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