701 Nelray BLVD # 16, Austin TX 78751

Austin, TX 78751 | Windfall Condo

Ed's Opinion of Value

$249,000 Ed's Estimate: $405,197 $437,319
Lowest Comp Recommended List: $225,000 to $235,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $405,197. For a well positioned listing in WINDFALL CONDO, I'd target the $225,000 to $235,000 range. Among the similar homes currently available in WINDFALL CONDO, this price point stands out as competitive. The smaller floor plan (230 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1984 construction puts this home 12 years older than the comp average, a factor in the pricing. With 6 similar homes currently listed in WINDFALL CONDO (a buyer's market), competition is a factor to consider. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 912 1/2 E 50th ST, Austin TX 78751, with an adjusted value of $368,522; a strong comparable. 7 comparable transactions in WINDFALL CONDO support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group
2 Beds
2 Baths 2 Full
711 Sq Ft
0.023 Acres
1984 Built

About This Property

Available immediately, 4 to 6 month lease. Single pet okay, dog under 20lbs. Beautiful 3 bedroom 2 bathroom condominium in the heart of North Central Austin just 2 miles away from the University of Texas at Austin and 5 miles from the heart of downtown Austin. The condo is very close to the #1 bus which can take you to UT or downtown and about 5 blocks from the intramural fields and a shuttle routes.Condo is located in back of complex.FEMA - Unknown

Features

  • High Ceilings
  • Primary Bedroom on Main
  • Track Lighting

Location

Schools

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

Property Details

Property Type Residential
Flooring Carpet, Laminate
Cooling Central Air
Heating Central
Exterior Exterior Steps
County Travis
MLS # 9797144

Listing History

MLS# 9797144 183 days
May 2, 2012 Off Market
Nov 2, 2011 Price Change $100,000
Sep 20, 2011 Listed $109,900

Frequently Asked Questions About 701 Nelray BLVD # 16, Austin TX 78751

When was 701 Nelray BLVD # 16, Austin TX 78751 built?

701 Nelray BLVD # 16, Austin TX 78751 was built in 1984.

How much does 701 Nelray BLVD # 16, Austin TX 78751 cost?

701 Nelray BLVD # 16, Austin TX 78751 sold on May 2, 2012. Contact us for sale price details.

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