612 E 48th ST, Austin TX 78751

Off Market

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Ed's Opinion of Value

$729,933 Ed's Estimate: $1,010,126 $1,495,000

Lowest Comp Recommended List: $744,000 to $754,000 Highest Comp

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,010,126. I'd recommend coming to market at $744,000 to $754,000 to strike the right balance between value and market velocity. Among the similar homes currently available in PATTERSON HEIGHTS, this price point stands out as competitive. The 422 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1953, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in PATTERSON HEIGHTS (a buyer's market), competition is a factor to consider. The trend in 78751 shows prices have risen 5.8% in the past 6 months. 909 E 50th ST, Austin TX 78751 nearby adjusts to $1,214,662; with a smaller floor plan and a pool. 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

78751 Market Trends

$680,000 Median Sold Price ▲ 5.8% 6mo

$442/sqft Median $/SqFt ▼ 3% 6mo

61 days Avg Days on Market 1 days faster

80 homes Active Inventory 6.7 mo supply

96.8% Sale-to-List Ratio

72 Sales (6 months)

Recently Sold Comparables

$1,214,662 adjusted 909 E 50th ST, Austin TX 78751 3bd / 2.0ba • 1,910 sqft • 0.3 mi Sold 21 days ago

$1,014,417 adjusted 5414 Duval ST, Austin TX 78751 3bd / 4.0ba • 2,108 sqft • 0.6 mi Sold 8 months ago

$729,933 adjusted 901 E 55th ST, Austin TX 78751 3bd / 2.0ba • 1,769 sqft • 0.6 mi Sold 9 months ago

Currently on Market

$1,495,000 606 E 42nd ST, Austin TX 78751 3bd / 2.0ba • 2,335 sqft • 0.6 mi 6 days on market

$1,099,000 5409 Avenue H, Austin TX 78751 4bd / 2.0ba • 2,300 sqft • 0.6 mi 37 days on market

$1,350,000 402 Zennia ST, Austin TX 78751 4bd / 3.0ba • 2,399 sqft • 0.7 mi 1 days on market

3 Beds

2 Baths 2 Full

2,351 Sq Ft

0.202 Acres

1953 Built

About This Property

Large Mid-Century Ranch on large corner lot in Hyde Park. 3 bedrooms, 2 baths, 2 dining rooms, 2 living rooms. LOTS of storage: closets as well as rooms! 4 car carport. on huge corner lot with towering trees. Real hardwood floors that can be refinished numerous times. Less than 2 miles to Downtown Austin. Close to everything including UT, state offices, Hyde Park Grill, Mothers, Asti, Juiceland, Quacks, Antonellis, Julios Cafe, etc. Recent appraisal on site. Priced to make it your own. 9/2013 Trane HVACRestrictions: Yes

Features

Multiple Dining Areas
Multiple Living Areas
No Interior Steps
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Ridgetop

Middle School Lamar (Austin ISD)

High School McCallum

Property Details

Property Type Residential

Flooring No Carpet, Tile, Vinyl, Wood

Cooling Central Air

Heating Central

Exterior Gutters Partial

County Travis

MLS # 7869782

Listing History

MLS# 7869782 26 days

Mar 17, 2017	Off Market
Feb 2, 2017	Pending
Jan 18, 2017	Price Change	$589,000
Jan 7, 2017	Listed	$599,000

Frequently Asked Questions About 612 E 48th ST, Austin TX 78751

When was 612 E 48th ST, Austin TX 78751 built?

612 E 48th ST, Austin TX 78751 was built in 1953.

How much does 612 E 48th ST, Austin TX 78751 cost?

612 E 48th ST, Austin TX 78751 sold on March 17, 2017. Contact us for sale price details.

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