705 W Mary ST, Austin TX 78704

Austin, TX 78704 | Bouldin James

Ed's Opinion of Value

$799,000 Ed's Estimate: $1,556,654 $2,226,250
Lowest Comp Recommended List: $1,526,000 to $1,588,000 Highest Comp

Listing History

$1,750,000 List Price
$1,548,598 Comp Value
1 Price Reductions

This property was listed at $1,750,000 and withdrawn after 0 days on market. The price was reduced from $1,800,000 to $1,750,000. This listing activity factors into the valuation.

The market data from 7 similar recent sales in BOULDIN JAMES points to a value of approximately $1,556,654. To sell within a reasonable timeframe at fair market value, the $1,526,000 to $1,588,000 range is where I'd position this. Among the similar homes currently available in BOULDIN JAMES, this price point stands out as competitive. Being 240 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1927 construction puts this home 54 years older than the comp average, a factor in the pricing. 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
5 Beds
5 Baths 3 Full, 2 Half
2,271 Sq Ft
0.183 Acres
1927 Built
2 Garage

About This Property

Sprawling over approximately 7,971 square feet (0.183 acres) in the heart of Bouldin, 705 W Mary Street is an iconic piece of Austin real estate. Both homes and the full lot are being sold together. These homes have been successful rental properties for the past few years, with both long term tenants and short-term rentals (please inquire for revenue details.)

Unit A: Originally built in 1927 and reimagined by Spaller Glover in 2011, the Bouldin Gingerbread house is an incredible opportunity to own a piece of Austin history. With two bedroom, one and a half bathrooms, the 912 square foot cottage has a cozy open floor plan. Updates have been made to throughout the home, offering modern touches in a charming home.

Unit B: Built in 2017, this modern two-story home with private entrance via alley has three bedrooms, and two and a half bathrooms. At approx. 1,359 square feet (per owners), the home is filled with natural light, and a spacious balcony that adds an additional 366 square feet of usable space. The lovely backyard with access from living room is ready for your summer nights entertaining friends and family. Furniture negotiable and STR revenue available.

Features

  • High Ceilings
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Becker
Middle School Lively
High School Travis

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central, Natural Gas
Exterior Outdoor Grill, Private Yard
County Travis
MLS # 5279083
Garage 2 spaces

Listing History

MLS# 5279083
Apr 23, 2024 Price Change $1,750,000
Apr 23, 2024 Off Market
Apr 23, 2024 Listed $1,800,000

Frequently Asked Questions About 705 W Mary ST, Austin TX 78704

When was 705 W Mary ST, Austin TX 78704 built?

705 W Mary ST, Austin TX 78704 was built in 1927.

How much does 705 W Mary ST, Austin TX 78704 cost?

705 W Mary ST, Austin TX 78704 is currently off market.

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