505 W 7th ST # 102, Austin TX 78701

Off Market

Patio/Deck : Hard to find, 2 bedroom, first floor condo unit at Posada del Rey. Opens to sunny courtyard. Downtown location next to Little Woodrow's and Bess Bistro on West 7th

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Ed's Opinion of Value

$399,900 Ed's Estimate: $766,319 $999,677

Lowest Comp Recommended List: $412,000 to $422,000 Highest Comp

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $766,319. Pricing this home between $412,000 and $422,000 would put it in the competitive sweet spot for POSADA DEL REY CONDO. This would position the home competitively among 7 active listings in POSADA DEL REY CONDO. At 44 years older than typical comps, the 1964 build date influences the valuation. The comp data here (7 sales in POSADA DEL REY CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus

78701 Market Trends

$585,000 Median Sold Price ▼ 21.3% 6mo

$667/sqft Median $/SqFt ▲ 1.1% 6mo

121 days Avg Days on Market 11 days slower

239 homes Active Inventory 14.2 mo supply

94.8% Sale-to-List Ratio

101 Sales (6 months)

Recently Sold Comparables

$403,998 adjusted 1212 Guadalupe ST # 805, Austin TX 78701 2bd / 2.0ba • 956 sqft • 0.7 mi Sold 2 months ago

$748,701 adjusted 360 Nueces ST # 3904, Austin TX 78701 2bd / 2.0ba • 998 sqft • 0.7 mi Sold 2 months ago

$999,677 adjusted 301 West Ave # 2001, Austin TX 78701 2bd / 2.0ba • 1,026 sqft • 0.8 mi Sold 9 months ago

$742,821 adjusted 360 Nueces ST # 3804, Austin TX 78701 2bd / 2.0ba • 998 sqft • 0.7 mi Sold 11 months ago

$788,329 adjusted 48 East Ave # 2309, Austin TX 78701 2bd / 2.0ba • 982 sqft • 0.8 mi Sold 11 months ago

Currently on Market

$399,900 505 W 7th ST # 319, Austin TX 78701 2bd / 1.0ba • 960 sqft • 0.6 mi 6 days on market

$515,000 1122 Colorado ST # 1409, Austin TX 78701 2bd / 2.0ba • 1,014 sqft • 0.6 mi 227 days on market

$650,000 84 East Ave # 1503, Austin TX 78701 2bd / 2.0ba • 969 sqft • 0.6 mi 12 days on market

2 Beds

2 Baths 1 Full, 1 Half

995 Sq Ft

0.014 Acres

1964 Built

1 Garage

About This Property

Fantastic downtown location within a few blocks of West 6th and Warehouse Entertainment districts, Lady Bird Lake Trail, Whole Foods and downtown hotspots. First floor unit in charming, Spanish-style community. A hidden gem. Two bedroom, updated first floor unit for <300K! Kitchen/baths have updated countertops and fixtures. Hardwood floors. Covered, gated, secure assigned parking. Lovely courtyard with pool and outdoor areas. This unit includes a personal all-in-one laundry machineRestrictions: Yes

Features

Primary Bedroom on Main
Track Lighting
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Tile, Wood

Cooling Central Air

Heating Central

Exterior Elevator, Exterior Steps

County Travis

MLS # 7016461

Parking

Garage 1 spaces

HOA & Community

HOA Fee $300 /Monthly

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

Tax Information

Annual Taxes $5,733 (2009)

Listing History

MLS# 7016461 2 days

Apr 2, 2010	Off Market
Mar 31, 2010	Listed		$279,000

MLS# 675321 28 days

Dec 10, 2002	Off Market
Nov 12, 2002	Listed		$1,095

MLS# 613550 14 days

Nov 16, 2001	Off Market
Nov 16, 2001	Pending
Oct 19, 2001	Listed	$1,400

Frequently Asked Questions About 505 W 7th ST # 102, Austin TX 78701

When was 505 W 7th ST # 102, Austin TX 78701 built?

505 W 7th ST # 102, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 102, Austin TX 78701 cost?

505 W 7th ST # 102, Austin TX 78701 is currently off market.

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