505 W 7th ST # 320, Austin TX 78701

Austin, TX 78701 | Posada Del Rey Condo

Ed's Opinion of Value

$399,900 Ed's Estimate: $668,037 $821,844
Lowest Comp Recommended List: $433,000 to $443,000 Highest Comp
The comparable sales data (7 recent transactions in POSADA DEL REY CONDO) supports an estimated value of $668,037. The data suggests a list price between $433,000 and $443,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in POSADA DEL REY CONDO, this home would be the 4th most expensive of 7 comparable homes on the market. Being built in 1964 (33 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in POSADA DEL REY CONDO; a buyer's market based on recent absorption. Prices in 78701 have fallen 24.1% over the last 6 months. A similar home at 1212 Guadalupe ST # 805, Austin TX 78701 carries an adjusted comparable value of $428,236, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
2 Beds
2 Baths 2 Full
1,033 Sq Ft
0.015 Acres
1964 Built
2 Garage

About This Property

Text agent then go. Lockbox is to the right of the front gate on the railing. Great location. Gated community with 2 reserved garage spaces (40 & 42). Unit has been made into a large 1 bedroom with 2 baths. Can easily be reverted back to 2 bedrooms. With 1033 square feet this corner unit has lots of space. Great outdoor pool and bar-b-que.Restrictions: Yes

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Carpet
Cooling Central Air
Heating Central
Exterior Balcony, Barbecue, Elevator, Exterior Steps
County Travis
MLS # 9295430

Parking

Garage 2 spaces

HOA & Community

HOA Fee $370 /Monthly
HOA Includes Common Area Maintenance, Gas, Insurance, Landscaping, Water

Tax Information

Annual Taxes $6,324 (2017)

Listing History

MLS# 9295430 2 days
Jan 31, 2018 Off Market
Jan 10, 2018 Pending
Jan 8, 2018 Listed $435,000

Frequently Asked Questions About 505 W 7th ST # 320, Austin TX 78701

When was 505 W 7th ST # 320, Austin TX 78701 built?

505 W 7th ST # 320, Austin TX 78701 was built in 1964.

How much does 505 W 7th ST # 320, Austin TX 78701 cost?

505 W 7th ST # 320, Austin TX 78701 sold on January 31, 2018. Contact us for sale price details.

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