501 Irma DR # 1, Austin TX 78752

Austin, TX 78752 | Yes

Ed's Opinion of Value

$277,588 Ed's Estimate: $396,649 $549,000
Lowest Comp Recommended List: $389,000 to $405,000 Highest Comp

Listing History

$634,900 List Price
$386,722 Comp Value
1 Price Reductions

This property was listed at $634,900 and withdrawn after 119 days on market. The price was reduced from $639,000 to $634,900. This listing activity factors into the valuation.

Reviewing the most recent comparable transactions, this home's market value falls around $396,649. For a well positioned listing in YES, I'd target the $389,000 to $405,000 range. Against 7 similar active listings in YES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1956 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.08 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. 7 comparable transactions in YES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
2 Baths 2 Full
1,070 Sq Ft
0.0841 Acres
1956 Built
1 Garage

About This Property

Also now for lease in MLS 7/17/24. Will pull sales listing soon...PLEASE READ DETAILS BEFORE GOING FURTHER! 3/2 SFR House is being sold as part of recent subdivide of lot. Now known as 501 Irma Drive Condominiums. This Unit 1 was fully gutted and renovated in 2015. Has been great rental property. Back yard available for new build #2 See MLS 3491956. Or can purchase it as well and hold. All legal, plans, city permits are ACTIVE. Ready to build if want to build the 2 story which is approved by the City. Or with new code changes, can scrape and build something else, demo this SFR or just hold. Architect plans convey. Builder is ready to proceed with new build on lot. All is done for you! Owner has relocated and will not be building. Call owner/agent for more details. Possible 1031 Exchange closing. Tenant moving 6/30/24, so will be vacant. Reduced 6/2 $10k! Thanks!

Features

  • 2 Primary Baths
  • Bar
  • Ceiling Fan(s)
  • Quartz Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Open Floorplan
  • Primary Bedroom on Main
  • Soaking Tub
  • Storage
  • Walk-In Closet(s)
  • Washer Hookup
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Reilly
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Laminate, Tile
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Natural Gas, See Remarks
Exterior Garden, Private Entrance, See Remarks
County Travis
MLS # 7689331

Parking

Garage 1 spaces

HOA & Community

HOA Includes See Remarks

Listing History

MLS# 7689331 119 days
Aug 1, 2024 Off Market
Jul 22, 2024 Price Change $634,900
Apr 4, 2024 Listed $699,000

Frequently Asked Questions About 501 Irma DR # 1, Austin TX 78752

When was 501 Irma DR # 1, Austin TX 78752 built?

501 Irma DR # 1, Austin TX 78752 was built in 1956.

How much does 501 Irma DR # 1, Austin TX 78752 cost?

501 Irma DR # 1, Austin TX 78752 is currently off market.

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