506 Sunny LN # A, Austin TX 78704

Austin, TX 78704 | 506 Cityview Condo

Ed's Opinion of Value

$515,000 Ed's Estimate: $928,895 $1,075,000
Lowest Comp Recommended List: $567,000 to $577,000 Highest Comp
The market data from 5 similar recent sales in 506 CITYVIEW CONDO points to a value of approximately $928,895. To sell within a reasonable timeframe at fair market value, the $567,000 to $577,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 506 CITYVIEW CONDO. The 2004 construction puts this home 7 years older than the comp average, a factor in the pricing. With 3 similar homes currently listed in 506 CITYVIEW CONDO (a buyer's market), competition is a factor to consider. In 78704, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 310 Terrace DR # B, Austin TX 78704, adjusting to $908,704; a strong comparable. 5 comparable transactions in 506 CITYVIEW CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
3 Beds
3 Baths 3 Full
1,646 Sq Ft
0.106 Acres
2004 Built
1 Garage

About This Property

OWNER FINANCING AVAILABLE AT MUCH BETTER RATE THAN BANKS! WRAP FINANCING AS LOW AS 5.5% interest rate, depending on the offer terms. Original owner secured first dibs on this spectacular property. Live the downtown Austin dream! Nothing can touch this breathtaking, stunning city skyline and Lady Bird lake view from both the living and master bedroom! Lovely private courtyard in front with massive oak tree. Gourmet kitchen, granite countertops, huge island/breakfast bar, stainless appliances, wine refrigerator, spacious open floorplan great for entertaining, sunken living room with stellar downtown view, lots of natural light throughout townhome because of large picturesque windows, 1 bedroom and full bathroom downstairs that could easily be a guest bedroom, office, or an nanny’s suite. Gorgeous architectural staircase leading upstairs to the two bedrooms and two bathrooms, one being the master bedroom with unbelievable downtown skyline view. Double vanity, tiled bathroom with garden tub and separate shower, walk in closet, balcony of master to enjoy views. This unit has two fireplaces…one natural gas fireplace in living room, and another fireplace outside in backyard to enjoy more city views (wood burning). Another idea is that this would make the perfect Air BNB for executive clientele. Check with the city for proper permits. Owner formerly rented unit for $1,000 plus nightly during SXSW, ACL, Formula One, etc. With this view and walking distance to SOCO, you have the world at your fingertips. Close to everything whether walking, taking public transit, or driving…this is such a convenient location. Detached enclosed garage and two tandem guest parking spaces. Recent roof in May, 2023. Come enjoy the good life in Travis Heights in this beauty!

Features

  • Breakfast Bar
  • Ceiling Fan(s)
  • High Ceilings
  • Granite Counters
  • Double Vanity
  • Electric Dryer Hookup
  • Gas Dryer Hookup
  • Entrance Foyer
  • Interior Steps
  • Kitchen Island
  • Open Floorplan
  • Recessed Lighting
  • Soaking Tub
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Travis Hts
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Carpet, Tile, Wood
Cooling Ceiling Fan(s), Central Air, Electric, Multi Units
Heating Central, Fireplace(s), Natural Gas
Exterior Balcony, Uncovered Courtyard, Private Yard
County Travis
MLS # 3575522
Garage 1 spaces

HOA & Community

HOA Fee $150 /Monthly
HOA Includes Common Area Maintenance, Insurance, See Remarks

Tax Information

Annual Taxes (MLS) $11,312 (2019)

Listing History

MLS# 3575522 134 days (133 CDOM)
Mar 15, 2024 Off Market
Nov 10, 2023 Price Change $999,995
Aug 17, 2023 Listed $1,095,000

Frequently Asked Questions About 506 Sunny LN # A, Austin TX 78704

When was 506 Sunny LN # A, Austin TX 78704 built?

506 Sunny LN # A, Austin TX 78704 was built in 2004.

How much does 506 Sunny LN # A, Austin TX 78704 cost?

506 Sunny LN # A, Austin TX 78704 sold on March 15, 2024. Contact us for sale price details.

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