500 E Riverside DR # 232, Austin TX 78704

Off Market

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Ed's Opinion of Value

$259,588 Ed's Estimate: $332,227 $599,000

Lowest Comp Recommended List: $467,000 to $498,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $332,227. For a well positioned listing in RIVERWALK CONDO, I'd target the $467,000 to $498,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in RIVERWALK CONDO. The active market in RIVERWALK CONDO includes 7 comparable homes priced from $279,000 to $725,000. Recent trends in 78704 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 500 E Riverside DR # 133, Austin TX 78704, with an adjusted value of $440,750; a strong comparable. The 6 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

$864,500 Median Sold Price ▼ 2.3% 6mo

$500/sqft Median $/SqFt ▼ 4% 6mo

86 days Avg Days on Market 19 days slower

364 homes Active Inventory 8.8 mo supply

96.1% Sale-to-List Ratio

249 Sales (6 months)

Recently Sold Comparables

$440,750 adjusted 500 E Riverside DR # 133, Austin TX 78704 2bd / 1.0ba • 791 sqft • 0.1 mi Sold 8 days ago

$281,616 adjusted 2215 Post RD # 1088, Austin TX 78704 2bd / 2.0ba • 928 sqft • 1.1 mi Sold 6 months ago

$259,588 adjusted 743 E Oltorf ST # 203, Austin TX 78704 2bd / 1.0ba • 923 sqft • 1.3 mi Sold 6 months ago

$289,000 adjusted 2215 Post RD # 2070, Austin TX 78704 2bd / 2.0ba • 977 sqft • 1 mi Sold 4 days ago

$269,551 adjusted 2215 Post RD # 1034, Austin TX 78704 2bd / 3.0ba • 941 sqft • 1.1 mi Sold 3 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

$599,000 1204 Woodland Ave # B, Austin TX 78704 2bd / 2.0ba • 864 sqft • 0.8 mi 63 days on market

2 Beds

2 Baths 2 Full

791 Sq Ft

0.037 Acres

1971 Built

About This Property

Rare 2 Bedroom 2 Bath at this price so close to downtown. Steps from the Lady Bird Lake Boardwalk. Seller is offering $4,000 allowance for new floors. Well kept complex in the center of it all. Complex is quiet and peaceful, gated, and has two (TWO!) pools to relax by. These rarely come up for sale. Significant storage available in the attic above unit.Restrictions: Yes Sprinkler Sys:Yes

Features

Bookcases
Breakfast Bar
Primary Bedroom on Main
Recessed Lighting

Location

Map loading...

Schools

School District Austin ISD

Elementary Travis Hts

Middle School Lively

High School Travis

Property Details

Property Type Residential

Flooring See Remarks

Cooling Central Air

Heating Central

Exterior Balcony, Boat Dock - Shared, Exterior Steps, See Remarks

County Travis

MLS # 5160976

HOA & Community

HOA Fee $215 /Monthly

HOA Includes Common Area Maintenance, Landscaping, Maintenance Structure, Parking, Trash

Tax Information

Annual Taxes $5,684 (2017)

Listing History

MLS# 5160976 5 days

Oct 20, 2017	Off Market
Sep 20, 2017	Pending
Sep 15, 2017	Listed	$345,000

Frequently Asked Questions About 500 E Riverside DR # 232, Austin TX 78704

When was 500 E Riverside DR # 232, Austin TX 78704 built?

500 E Riverside DR # 232, Austin TX 78704 was built in 1971.

How much does 500 E Riverside DR # 232, Austin TX 78704 cost?

500 E Riverside DR # 232, Austin TX 78704 sold on October 20, 2017. Contact us for sale price details.

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