555 E 5th ST # 523, Austin TX 78701

Off Market

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Ed's Opinion of Value

$600,000 Ed's Estimate: $720,537 $870,000

Lowest Comp Recommended List: $781,000 to $826,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $720,537. I'd recommend coming to market at $781,000 to $826,000 to strike the right balance between value and market velocity. In the current FIVE FIFTY CONDO market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The active market in FIVE FIFTY CONDO includes 7 comparable homes priced from $600,000 to $998,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 360 Nueces ST # 2105, Austin TX 78701 nearby adjusts to $682,999; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. 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

$682,999 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.7 mi Sold 1 months ago

$781,475 adjusted 360 Nueces ST # 3705, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.7 mi Sold 12 months ago

$700,547 adjusted 360 Nueces ST # 1116, Austin TX 78701 2bd / 2.0ba • 1,117 sqft • 0.7 mi Sold 1 months ago

Currently on Market

$600,000 311 W 5TH ST # 703, Austin TX 78701 1bd / 1.0ba • 1,176 sqft • 0.5 mi 1 days on market

$870,000 360 Nueces ST # 2509, Austin TX 78701 2bd / 2.0ba • 1,244 sqft • 0.7 mi 1 days on market

$850,000 360 Nueces ST # 3609, Austin TX 78701 2bd / 2.0ba • 1,244 sqft • 0.7 mi 86 days on market

1 Beds

2 Baths 1 Full, 1 Half

1,263 Sq Ft

0.003 Acres

2004 Built

1 Garage

About This Property

True oversized 1/1.5 in the luxurious 5FiftyFive Condominiums. Functional open floor plan, double walk-in closet, large balcony & 2 storage spaces. Designer finish-out includes bamboo floors, granite counter tops & maple cabinetry. 24-hr concierge service, 24-hr room service, coffee shop, 2 restaurants & bar on site.Restrictions: Yes

Features

Elevator
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential Lease

Flooring Bamboo

Cooling Central Air

Heating Central

Exterior None

County Travis

MLS # 5830291

Parking

Garage 1 spaces

HOA & Community

HOA Fee $666 /Monthly

HOA Includes Common Area Maintenance, Insurance, Landscaping, Sewer, Trash

Tax Information

Annual Taxes $7,376 (2012)

Listing History

MLS# 5830291 129 days

Jan 22, 2018	Off Market
Sep 15, 2017	Listed		$2,600

MLS# 4235597 77 days

Apr 22, 2013	Off Market
Jan 1, 2013	Listed		$385,000

MLS# 7117268 181 days (380 CDOM)

Dec 31, 2012	Off Market
Jul 2, 2012	Listed		$385,000

MLS# 3444441 199 days

Jun 30, 2012	Off Market
Dec 14, 2011	Listed		$399,000

MLS# 8896943 66 days

Oct 3, 2008	Off Market
Jul 29, 2008	Listed		$2,500

MLS# 3685045 162 days

Aug 1, 2006	Off Market
Jul 26, 2006	Pending
Feb 15, 2006	Listed	$3,200

Frequently Asked Questions About 555 E 5th ST # 523, Austin TX 78701

When was 555 E 5th ST # 523, Austin TX 78701 built?

555 E 5th ST # 523, Austin TX 78701 was built in 2004.

How much does 555 E 5th ST # 523, Austin TX 78701 cost?

555 E 5th ST # 523, Austin TX 78701 sold on January 22, 2018. Contact us for sale price details.

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