500 E Riverside DR # 127, Austin TX 78704

Off Market

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Ed's Opinion of Value

$264,870 Ed's Estimate: $337,792 $465,600

Lowest Comp Recommended List: $273,000 to $283,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $337,792. To generate strong buyer interest while maximizing value, I'd price this between $273,000 and $283,000. Among the similar homes currently available in RIVERWALK CONDO, this price point stands out as competitive. This home's larger footprint (130 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in RIVERWALK CONDO, creating a buyer's market for this price range. The trend in 78704 shows prices have fallen 3.8% in the past 6 months. 500 E Riverside DR # 133, Austin TX 78704 nearby adjusts to $421,742; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78704 Market Trends

$865,000 Median Sold Price ▼ 3.8% 6mo

$500/sqft Median $/SqFt ▼ 4.4% 6mo

87 days Avg Days on Market 20 days slower

357 homes Active Inventory 8.7 mo supply

96.1% Sale-to-List Ratio

245 Sales (6 months)

Recently Sold Comparables

$421,742 adjusted 500 E Riverside DR # 133, Austin TX 78704 2bd / 1.0ba • 791 sqft • 0.1 mi Sold 4 days ago

$334,257 adjusted 1500 East Side DR # 219A, Austin TX 78704 1bd / 1.0ba • 618 sqft • 0.4 mi Sold 3 months ago

$317,147 adjusted 2020 S Congress Ave # 2213, Austin TX 78704 1bd / 1.0ba • 650 sqft • 0.9 mi Sold 5 months ago

$283,400 adjusted 2215 Post RD # 2036, Austin TX 78704 1bd / 1.0ba • 601 sqft • 1.1 mi Sold 8 months ago

$264,870 adjusted 2215 Post RD # 2029, Austin TX 78704 1bd / 1.0ba • 610 sqft • 1.1 mi Sold 2 months ago

Currently on Market

$299,000 1304 Summit ST # 101, Austin TX 78741 2bd / 1.0ba • 764 sqft • 0.9 mi 2 days on market

$279,000 1304 Mariposa DR # 206, Austin TX 78704 2bd / 1.0ba • 804 sqft • 1.1 mi 28 days on market

$465,600 2209 S 1st ST # 313, Austin TX 78704 1bd / 1.0ba • 756 sqft • 1.1 mi 19 days on market

1 Beds

1 Baths 1 Full

784 Sq Ft

0.037 Acres

1971 Built

About This Property

Amazing opportunity to live downtown right on Lady Bird Lake! First floor entry, back patio opens up to the common area park that leads to the lake. Lake views from the master bedroom. Nice open floor plan with new paint and carpet, large master with 2 walk-in closets and glass sliding doors that lead you to the park-like common area. Canoe/kayak storage available. Pool and 2 laundry facilities on site. Pet friendly. One reserved parking spot directly outside the front door.FEMA - Unknown Restrictions: Yes Sprinkler Sys:Yes

Features

Bookcases
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Travis Hts

Middle School Lively

High School Travis

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior Boat Dock - Shared, No Exterior Steps

County Travis

MLS # 1281366

HOA & Community

HOA Fee $198 /Monthly

HOA Includes Common Area Maintenance, Insurance, Maintenance Structure, Trash, Water

Tax Information

Annual Taxes $2,195 (2014)

Listing History

MLS# 1281366 3 days

Apr 23, 2015	Off Market
Mar 19, 2015	Pending
Mar 16, 2015	Listed	$250,000

Frequently Asked Questions About 500 E Riverside DR # 127, Austin TX 78704

When was 500 E Riverside DR # 127, Austin TX 78704 built?

500 E Riverside DR # 127, Austin TX 78704 was built in 1971.

How much does 500 E Riverside DR # 127, Austin TX 78704 cost?

500 E Riverside DR # 127, Austin TX 78704 sold on April 23, 2015. Contact us for sale price details.

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