506 W 51st ST # B, Austin TX 78751

Austin, TX 78751 | 506 West T Condos

Ed's Opinion of Value

$245,000 Ed's Estimate: $500,200 $708,628
Lowest Comp Recommended List: $490,000 to $510,000 Highest Comp

Listing History

$479,000 List Price
$501,083 Comp Value
1 Price Reductions

This property was listed at $479,000 and withdrawn after 74 days on market. The price was reduced from $499,000 to $479,000. This listing activity factors into the valuation.

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $500,200. To generate strong buyer interest while maximizing value, I'd price this between $490,000 and $510,000. With 3 comparable homes on the market in 506 WEST T CONDOS, this price positions the property as the most expensive of 3 comparable homes on the market. The 2014 construction puts this home 50 years newer than the comp average, a factor in the pricing. 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
2 Beds
1 Baths 1 Full
993 Sq Ft
0.086 Acres
2014 Built

About This Property

Modern, recently built home in the Hyde Park/North Loop neighborhood. Enjoy views over the downtown skyline and UT’s Intramural Fields plus ample sunshine and foliage through the south-facing windows. The first thing you’ll notice is the stately exterior painted Shoji White in May 2022 with the high-end Sherwin-Williams Emerald line. The relaxing front porch invites you into the living space that offers upgraded vinyl floors, stylish lighting fixtures, 10’ ceilings, and an open floor plan. The spacious kitchen offers black quartz countertops, luxurious Semihandmade cabinet surfaces, soft-close hinges, two knife magnets, a stainless induction range, convection oven, and above-range microwave. Rich bamboo hardwood floors lead you to the second story, where you will find 2 generously-sized bedrooms and an oversized full bath. The stand-alone home features a private, shaded back yard with a garden space and hanging lights, ready to welcome your friends, family, and pets. There is ample parking in the attached carport and the gravel driveway, with a gate for privacy, plus a 220V NEMA 10-30 outlet in the carport for charging electric vehicles. This unit lives like a single-family home, fully fenced-off from the front house, and there is no HOA. Easily walk, bike, or scooter to the top-rated restaurants, bars, and retail in the Triangle and the North Loop districts. Fast access to UT campus, the Domain, Central Market, and many major employers. The home is currently wired for gigabit fiber internet and the power stayed on throughout the 2021 snowpocalypse. Capital Metro’s Project Connect is currently planned to add a major hub rail station in the nearby Triangle, featuring the Blue line to AUS airport. Ask the Listing Agent how to utilize your Bitcoin/Digital Assets to purchase this property.

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Electric Dryer Hookup
  • French Doors
  • Interior Steps
  • Open Floorplan
  • Recessed Lighting
  • Washer Hookup

Location

Schools

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

Property Details

Property Type Residential
Flooring Bamboo, Tile, Vinyl
Cooling Central Air, Electric
Heating Central, Electric, Forced Air
Exterior Lighting, No Exterior Steps, Private Entrance, Private Yard, See Remarks
County Travis
MLS # 2661219

HOA & Community

HOA Includes See Remarks

Listing History

MLS# 2661219 74 days
May 8, 2023 Off Market
Mar 28, 2023 Price Change $479,000
Feb 23, 2023 Listed $499,000

Frequently Asked Questions About 506 W 51st ST # B, Austin TX 78751

When was 506 W 51st ST # B, Austin TX 78751 built?

506 W 51st ST # B, Austin TX 78751 was built in 2014.

How much does 506 W 51st ST # B, Austin TX 78751 cost?

506 W 51st ST # B, Austin TX 78751 is currently off market.

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