700 S 1st ST # 201, Austin TX 78704

Off Market

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Ed's Opinion of Value

$215,000 Ed's Estimate: $547,170 $809,467

Lowest Comp Recommended List: $212,000 to $222,000 Highest Comp

Based on 7 closed sales in VIEWPOINT CONDO, the data points to a value around $547,170 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $212,000 to $222,000. Relative to what's currently available in VIEWPOINT CONDO, this home would be the most expensive of 6 comparable homes on the market. Being built in 1985 (15 years newer than comps) is factored into the value estimate. Lot size matters here: 0.03 acres versus 0.13 for the typical comp. Buyers in VIEWPOINT CONDO have 6 comparable options right now, with asking prices between $215,000 and $449,500. Market data shows 78704 prices fallen 1.7% over the last half year. The closest comparable sale, 700 S 1st ST # 207, Austin TX 78704 at an adjusted $359,572, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in VIEWPOINT CONDO. 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

78704 Market Trends

$860,000 Median Sold Price ▼ 1.7% 6mo

$524/sqft Median $/SqFt ▲ 1.6% 6mo

70 days Avg Days on Market 9 days faster

340 homes Active Inventory 7.1 mo supply

96.1% Sale-to-List Ratio

287 Sales (6 months)

Recently Sold Comparables

$359,572 adjusted 700 S 1st ST # 207, Austin TX 78704 2bd / 2.0ba • 976 sqft • 0 mi Sold 10 months ago

$304,968 adjusted 802 S 1st ST # 220, Austin TX 78704 2bd / 3.0ba • 967 sqft • 0.1 mi Sold 6 months ago

$331,255 adjusted 802 S 1st ST # 225, Austin TX 78704 2bd / 3.0ba • 967 sqft • 0.1 mi Sold 9 months ago

$679,768 adjusted 613 W Mary ST # B, Austin TX 78704 2bd / 2.0ba • 1,008 sqft • 0.7 mi Sold 13 days ago

$809,467 adjusted 912 James ST, Austin TX 78704 2bd / 1.0ba • 972 sqft • 0.4 mi Sold 4 months ago

Currently on Market

$449,500 900 S Lamar BLVD # 201, Austin TX 78704 2bd / 1.0ba • 905 sqft • 0.5 mi 1 days on market

$348,500 2302 East Side DR # 28, Austin TX 78704 2bd / 2.0ba • 964 sqft • 1.3 mi 150 days on market

$215,000 842 BANISTER LN, Austin TX 78704 2bd / 2.0ba • 968 sqft • 2.2 mi 2 days on market

2 Beds

2 Baths 2 Full

955 Sq Ft

0.034 Acres

1985 Built

About This Property

The 2 br/2 ba condo is 2nd floor unit in most desirable location. Within walking distance to downtown, Lady Bird Lake, South First street food district, hike and bike trails, and South Congress district. Partial view of downtown with the city lights twinkling through the trees. Ample storage in unit as will as storage in the common area. Kitchen redone with top of the line stainless appliances. Exterior of the building recently redone with a great courtyard including sitting area and gas barbecue grill. Unit in quiet location.

Features

2 Primary Baths
2 Primary Suites
Ceiling Fan(s)
Chandelier
Laminate Counters
Double Vanity
Electric Dryer Hookup
High Speed Internet
No Interior Steps
Pantry
Primary Bedroom on Main
Walk-In Closet(s)
Washer Hookup

Location

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Schools

School District Austin ISD

Elementary Becker

Middle School Fulmore

High School Travis

Property Details

Property Type Residential

Flooring Carpet, Tile

Cooling Ceiling Fan(s), Electric

Heating Central, Electric, Fireplace(s), Hot Water

Exterior Barbecue, Uncovered Courtyard, Exterior Steps, Gas Grill, Outdoor Grill

County Travis

MLS # 8470306

HOA & Community

HOA Fee $300 /Monthly

HOA Includes Insurance, Sewer, Trash, Water

Tax Information

Annual Taxes (MLS) $5,060 (2021)

Listing History

MLS# 8470306 6 days (5 CDOM)

Jul 29, 2021	Off Market
Jun 22, 2021	Listed		$415,000

Frequently Asked Questions About 700 S 1st ST # 201, Austin TX 78704

When was 700 S 1st ST # 201, Austin TX 78704 built?

700 S 1st ST # 201, Austin TX 78704 was built in 1985.

How much does 700 S 1st ST # 201, Austin TX 78704 cost?

700 S 1st ST # 201, Austin TX 78704 sold on July 29, 2021. Contact us for sale price details.

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