555 E 5th ST # 703, Austin TX 78701

Off Market

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Ed's Opinion of Value

$399,000 Ed's Estimate: $660,121 $1,600,000

Lowest Comp Recommended List: $376,000 to $386,000 Highest Comp

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $660,121. To generate strong buyer interest while maximizing value, I'd price this between $376,000 and $386,000. In the current FIVE FIFTY CONDO market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. 7 similar homes are currently available in FIVE FIFTY CONDO, creating a buyer's market for this price range. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 555 E 5th ST # 2801, Austin TX 78701 nearby adjusts to $649,284; a strong comparable. 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

78701 Market Trends

$569,548 Median Sold Price ▼ 24.1% 6mo

$643/sqft Median $/SqFt ▼ 3.6% 6mo

120 days Avg Days on Market 9 days slower

241 homes Active Inventory 14.8 mo supply

94.7% Sale-to-List Ratio

98 Sales (6 months)

Recently Sold Comparables

$649,284 adjusted 555 E 5th ST # 2801, Austin TX 78701 1bd / 1.0ba • 902 sqft • 0 mi Sold 11 months ago

$472,624 adjusted 555 E 5th # 817, Austin TX 78701 1bd / 1.0ba • 832 sqft • 0 mi Sold 1 months ago

$577,164 adjusted 360 Nueces ST # 3207, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.7 mi Sold 2 months ago

$1,223,508 adjusted 98 San Jacinto BLVD # 904, Austin TX 78701 1bd / 2.0ba • 990 sqft • 0.3 mi Sold 2 months ago

$592,956 adjusted 360 Nueces ST # 3807, Austin TX 78701 1bd / 1.0ba • 852 sqft • 0.7 mi Sold 4 months ago

Currently on Market

$399,000 603 Davis ST # 2007, Austin TX 78701 1bd / 1.0ba • 879 sqft • 0.4 mi 70 days on market

$460,000 908 Nueces ST # 31, Austin TX 78701 1bd / 1.0ba • 946 sqft • 0.8 mi 40 days on market

$1,600,000 202 Nueces ST # 1804, Austin TX 78701 1bd / 1.0ba • 921 sqft • 0.7 mi 25 days on market

1 Beds

1 Baths 1 Full

944 Sq Ft

0.0217 Acres

2004 Built

2 Garage

About This Property

WE ARE ENTERTAINING ANY AND ALL OFFERS. Beautiful North facing views of downtown, The University of Texas, UT Football Stadium, and historic Driskill Hotel. Exquisite finishes include bamboo flooring, travertine tile, marble and granite countertops. Chef's kitchen, stainless steel, energy-efficient appliances w/ gas range. Huge windows w/ Room Darken shades, provide privacy and light control. State of the art in-ceiling speaker system. 24-hour lobby attendants, concierge, room service, and more!FEMA - Unknown Restrictions: Yes

Features

Primary Bedroom on Main

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5778539

Parking

Garage 2 spaces

HOA & Community

HOA Fee $408 /Monthly

HOA Includes See Remarks

Tax Information

Annual Taxes $6,372 (2009)

Listing History

MLS# 5778539 123 days

Jun 3, 2010	Off Market
Mar 23, 2010	Pending
Jan 29, 2010	Price Change	$299,875
Nov 20, 2009	Listed	$349,875

Frequently Asked Questions About 555 E 5th ST # 703, Austin TX 78701

When was 555 E 5th ST # 703, Austin TX 78701 built?

555 E 5th ST # 703, Austin TX 78701 was built in 2004.

How much does 555 E 5th ST # 703, Austin TX 78701 cost?

555 E 5th ST # 703, Austin TX 78701 sold on June 3, 2010. Contact us for sale price details.

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Jun 1, 2007	Off Market
Jan 14, 2007	Listed		$3,200