503 Allen ST # 503A, Austin TX 78702

Austin, TX 78702 | Villas & Allen Condo Ph

Ed's Opinion of Value

$539,000 Ed's Estimate: $727,191 $1,048,928
Lowest Comp Recommended List: $537,000 to $547,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $727,191. For a well positioned listing in VILLAS & ALLEN CONDO PH, I'd target the $537,000 to $547,000 range. Against 3 similar active listings in VILLAS & ALLEN CONDO PH, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The smaller floor plan (230 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2006 construction puts this home 5 years older than the comp average, a factor in the pricing. There are currently 3 similar homes on the market in VILLAS & ALLEN CONDO PH, ranging from $539,000 to $899,000. Recent trends in 78702 show home values have risen 3.1% since 6 months ago. The most comparable recent sale is 601 Vermont RD # 2, Austin TX 78702, with an adjusted value of $588,816; a strong comparable. The 7 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
3 Beds
3 Baths 2 Full, 1 Half
1,382 Sq Ft
0.0857 Acres
2006 Built
1 Garage

About This Property

RECENT PRICE REDUCTION! Open Houses this weekend!!
Discover this 3-bedroom, 2.5-bath home tucked on a quiet street in the heart of East Austin. Located just off East 5th and walking distance to Justine's, Central Machine Works, Kinda Tropical and Sunny's. But also close to so many great East Austin restaurants, coffee shops, and food trucks with the nearby neighborhood H-E-B and the larger East Riverside H-E-B just across the river.
Inside you'll find a clean interior with polished concrete floors that give the home a nice, modern feel. All major appliances—including refrigerator, washer, and dryer—are included, making move-in seamless.
Great as a low maintenance home for an East Austin professional or as investment property - perfect as an STR but also has a proven record as a long-term rental.

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Electric Dryer Hookup
  • Open Floorplan
  • Smart Thermostat
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Brooke
Middle School Martin

Property Details

Property Type Residential
Flooring Concrete, Tile, Wood
Cooling Ceiling Fan(s), Central Air
Heating Central
Exterior None
County Travis
MLS # 3094500
Garage 1 spaces

Tax Information

Annual Taxes (MLS) $11,615 (2024)

Listing History

MLS# 3094500 248 days
Feb 25, 2026 Off Market
Jan 26, 2026 Pending
Jan 8, 2026 Price Change $465,000
May 1, 2025 Listed $565,000

Frequently Asked Questions About 503 Allen ST # 503A, Austin TX 78702

When was 503 Allen ST # 503A, Austin TX 78702 built?

503 Allen ST # 503A, Austin TX 78702 was built in 2006.

How much does 503 Allen ST # 503A, Austin TX 78702 cost?

503 Allen ST # 503A, Austin TX 78702 sold on February 25, 2026. Contact us for sale price details.

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