507 Clarke ST, Austin TX 78745

Austin, TX 78745 | Placidena

Ed's Opinion of Value

$265,000 Ed's Estimate: $394,889 $612,500
Lowest Comp Recommended List: $387,000 to $403,000 Highest Comp

Listing History

$585,000 List Price
$386,968 Comp Value
1 Price Reductions

This property was listed at $585,000 and withdrawn after 54 days on market. The price was reduced from $610,000 to $585,000. This listing activity factors into the valuation.

After reviewing 7 recent transactions in PLACIDENA, I estimate this property's value at $394,889. A competitive list price for this home right now would fall in the $387,000 to $403,000 range. This home's position in the current PLACIDENA market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 41 years older than typical comps, the 1938 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.19) contributes to the valuation. The comp data here (7 sales in PLACIDENA) 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
2 Beds
1 Baths 1 Full
990 Sq Ft
0.137 Acres
1938 Built

About This Property

Great opportunity to own this charming cottage in South Central Austin off of S. 1st Street to live-in, remodel, add-on, add a unit, redevelop and more! Cute 1930s house has a private fenced front yard and large backyard with patio to give privacy in the middle of the city, maintenance-free turf and a great area for entertaining. The backyard has a dedicated electrical outlet for a spa as it had a hot tub and stock tank pool at one time as well as a underground irrigation system. Location! Near entertainment areas such as the walkable 512 Brewery, The Yard which has St. Elmo Brewery, Vacancy Brewery, Still Austin Distillery, The Austin Winery, The Spokesman, Texas Sake Company and the Tesla Showroom as well as near the anticipated St. Elmo Market. Also near Crux Climbing Center and Cosmic Café. Easy access to public transportation, Hwy 71, IH 35 and minutes to South Congress and Downtown Austin. Home is near the future Bergstrom Spur hike & bike trails.

Features

  • No Interior Steps
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary St Elmo
Middle School Bedichek
High School Travis

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Private Yard, RV Hookup
County Travis
MLS # 4822943

Listing History

MLS# 4822943 54 days
Sep 27, 2022 Off Market
Aug 18, 2022 Price Change $585,000
Aug 4, 2022 Listed $610,000

Frequently Asked Questions About 507 Clarke ST, Austin TX 78745

When was 507 Clarke ST, Austin TX 78745 built?

507 Clarke ST, Austin TX 78745 was built in 1938.

How much does 507 Clarke ST, Austin TX 78745 cost?

507 Clarke ST, Austin TX 78745 is currently off market.

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