505 Oakland Ave, Austin TX 78703

Austin, TX 78703 | Woodland

Ed's Opinion of Value

$2,266,000 Ed's Estimate: $2,829,947 $6,495,000
Lowest Comp Recommended List: $4,138,000 to $4,313,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $2,829,947. Based on how the local market is moving, a list price between $4,138,000 and $4,313,000 would position this home well. Relative to what's currently available in WOODLAND, this home would be the most affordable of 7 comparable homes on the market. This home's larger footprint (309 sqft vs the comp average) plays a role in how the market prices it. At 71 years older than typical comps, the 1927 build date influences the valuation. Right now, 7 similar properties are competing for buyers in WOODLAND, listed between $2,760,000 and $6,495,000. The 6 month price trend in 78703: fallen 8.5%. The best comp here is 1607 Pease RD, Austin TX 78703 at an adjusted value of $3,107,175, with a smaller floor plan. The comp data here (7 sales in WOODLAND) 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
7 Beds
5 Baths
4,495 Sq Ft
0.172 Acres
1927 Built

About This Property

Value is in land. All three properties must be purchased together. The Sellers are selling the property "as is". Other than title Sellers disclaim all express and implied warranties. The existing leases with tenants are verbal and month to month. The Sellers havetold tenants that they will have 90 days to renegotiate current lease. There are three wood frame, pier and beam residences, 2 garages, a garage apartment, parking lot and driveways. Restrictions: Yes Property Condition is As Is

Location

Property Details

Property Type Commercial Sale
Flooring Wood
Cooling Central Air, Wall/Window Unit(s)
Heating Natural Gas
Exterior None
County Travis
MLS # 4096583

Listing History

MLS# 4096583 15 days
Jun 25, 2013 Off Market
Apr 15, 2013 Listed $575,000

Frequently Asked Questions About 505 Oakland Ave, Austin TX 78703

When was 505 Oakland Ave, Austin TX 78703 built?

505 Oakland Ave, Austin TX 78703 was built in 1927.

How much does 505 Oakland Ave, Austin TX 78703 cost?

505 Oakland Ave, Austin TX 78703 sold on June 25, 2013. Contact us for sale price details.

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