5507 Clay Ave, Austin TX 78756

Austin, TX 78756 | Broadacres

Ed's Opinion of Value

$574,000 Ed's Estimate: $745,004 $948,837
Lowest Comp Recommended List: $547,000 to $557,000 Highest Comp
After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $745,004. Pricing this home between $547,000 and $557,000 would put it in the competitive sweet spot for BROADACRES. This would position the home competitively among 6 active listings in BROADACRES. At 11 years older than typical comps, the 1941 build date influences the valuation. The larger lot (0.33 acres versus the area average of 0.21) contributes to the valuation. There are currently 6 similar homes on the market in BROADACRES, ranging from $574,000 to $799,500. Market data shows BROADACRES prices fallen 4.3% over the last half year. The closest comparable sale, 1513 W St Johns Ave, Austin TX 78757 at an adjusted $582,100, is a strong comparable. The comp data here (5 sales in BROADACRES) 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
4 Beds
2 Baths 2 Full
1,466 Sq Ft
0.3343 Acres
1941 Built

About This Property

MOTIVATED SELLER - Incredible development opportunity on over .3+/- acres in the middle of the HIGHLY desirable areas of Brentwood and Allandale! Offering a lucrative development opportunity with the subdivision process already begun, this location is one of Austin’s most charming and accessible! A savvy developer client sees the unique opportunity to build multiple structures in one incredible location. Approximately 3 miles to UT, 4 miles to Downtown and 3 miles to Mueller! Easily walk to tons of local eateries or shops including Little Woodrow’s, Voodoo Doughnuts, The Peached Tortilla and more. Your dream location in Austin!!

Features

  • Primary Bedroom on Main

Location

Schools

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

Property Details

Property Type Residential
Flooring Vinyl
Cooling Central Air
Heating Central
Exterior None
County Travis
MLS # 9054748

Tax Information

Annual Taxes (MLS) $17,539 (2023)

Listing History

MLS# 9054748 179 days (177 CDOM)
Feb 26, 2024 Off Market
Dec 6, 2023 Price Change $800,000
Aug 16, 2023 Listed $1,250,000

Frequently Asked Questions About 5507 Clay Ave, Austin TX 78756

When was 5507 Clay Ave, Austin TX 78756 built?

5507 Clay Ave, Austin TX 78756 was built in 1941.

How much does 5507 Clay Ave, Austin TX 78756 cost?

5507 Clay Ave, Austin TX 78756 sold on February 26, 2024. Contact us for sale price details.

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