511 South Park DR, Austin TX 78704

Off Market

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Ed's Opinion of Value

$447,777 Ed's Estimate: $558,021 $725,000

Lowest Comp Recommended List: $309,000 to $319,000 Highest Comp

The comparable sales data (3 recent transactions in SOUTH PARK) supports an estimated value of $558,021. The data suggests a list price between $309,000 and $319,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in SOUTH PARK's current inventory. Lot size matters here: 0.23 acres versus 0.19 for the typical comp. Right now, 7 similar properties are competing for buyers in SOUTH PARK, listed between $305,000 and $875,000. Prices in SOUTH PARK have fallen 65.8% over the last 6 months. A similar home at 2503 S 4th ST, Austin TX 78704 carries an adjusted comparable value of $514,006, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in SOUTH PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group

SOUTH PARK Market Trends

$263,500 Median Sold Price ▼ 65.8% 6mo

$149/sqft Median $/SqFt ▼ 59.2% 6mo

20 days Avg Days on Market 173 days faster

1 homes Active Inventory 1.2 mo supply

96.7% Sale-to-List Ratio

5 Sales (6 months)

Recently Sold Comparables

$514,006 adjusted 2503 S 4th ST, Austin TX 78704 2bd / 1.0ba • 990 sqft • 0.6 mi Sold 7 months ago

$592,499 adjusted 2506 Euclid Ave, Austin TX 78704 3bd / 1.0ba • 1,008 sqft • 0.6 mi Sold 2 months ago

$563,612 adjusted 3005 Birdwood CIR, Austin TX 78704 2bd / 2.0ba • 936 sqft • 0.5 mi Sold 10 days ago

Currently on Market

$447,777 703 Herndon LN, Austin TX 78704 2bd / 1.0ba • 1,048 sqft • 0.5 mi 104 days on market

$725,000 2805 S 5th ST, Austin TX 78704 2bd / 1.0ba • 1,170 sqft • 0.4 mi 273 days on market

$499,000 204 La Vista ST, Austin TX 78704 3bd / 1.0ba • 945 sqft • 0.3 mi 111 days on market

2 Beds

1 Baths 1 Full

1,025 Sq Ft

0.2347 Acres

1958 Built

1 Garage

About This Property

***Multiple Offers. Offers due Monday at 5PM. Seller with then decide next step.*** Seller with then decide next step. Call for details regarding our Byrne Buyers Guarantee ... if you don't love this home for up to 12 months after you buy it we will sell it zero seller commission. conditions apply. Register now! Welcome to 511 South Park Dr, a charming 3 bedroom, 1 bathroom home nestled in the vibrant heart of Austin, Texas, in the coveted 78704 area. This ideal living space, perfect for those who appreciate a serene residential atmosphere coupled with the dynamic pulse of the city, features a layout that smartly utilizes space to create a cozy yet spacious environment. Its prime location offers easy access to some of Austin's leading tech companies, making it a dream for tech professionals, and is conveniently close to popular tourist attractions like Zilker Park, Barton Springs Pool, and the iconic South Congress Avenue, known for vibrant shopping, dining, and entertainment. The neighborhood, known for its eclectic and lively spirit, is filled with unique eateries, coffee shops, and local boutiques, providing an authentic Austin experience. This property is not just a home but also an investment opportunity in one of Austin’s most sought-after neighborhoods, perfect for homeowners and investors alike who are looking to be a part of this vibrant community. Buyer to verify all MLS information.

Features

Ceiling Fan(s)
Eat-in Kitchen
Kitchen Island
Primary Bedroom on Main

Location

Map loading...

Schools

School District Austin ISD

Elementary Dawson

Middle School Lively

High School Travis

Property Details

Property Type Residential

Flooring Tile, Vinyl, Wood

Cooling Ceiling Fan(s), Central Air

Heating Central

Exterior Garden, Private Yard

County Travis

MLS # 1467984

Garage 1 spaces

Tax Information

Annual Taxes (MLS) $11,967 (2023)

Listing History

MLS# 1467984 39 days (36 CDOM)

Mar 22, 2024	Off Market
Feb 28, 2024	Price Change	$500,000
Jan 29, 2024	Listed	$699,900

Frequently Asked Questions About 511 South Park DR, Austin TX 78704

When was 511 South Park DR, Austin TX 78704 built?

511 South Park DR, Austin TX 78704 was built in 1958.

How much does 511 South Park DR, Austin TX 78704 cost?

511 South Park DR, Austin TX 78704 sold on March 22, 2024. Contact us for sale price details.

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