7920 Rockwood LN # 118, Austin TX 78757

Austin, TX 78757 | Royal Orleans North Condo

Ed's Opinion of Value

$122,119 Ed's Estimate: $142,168 $195,699
Lowest Comp Recommended List: $139,000 to $145,000 Highest Comp
Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $142,168. I'd recommend coming to market at $139,000 to $145,000 to strike the right balance between value and market velocity. Against 5 similar active listings in ROYAL ORLEANS NORTH CONDO, this price point lands at the most affordable of 5 comparable homes on the market. Built in 1968, this home is 18 years older than the average comp, which is reflected in the adjustments. The 0.03 acre lot (smaller than the 0.06 acre average) is reflected in the estimate. With 5 similar homes currently listed in ROYAL ORLEANS NORTH CONDO (a balanced market), competition is a factor to consider. The trend in 78757 shows prices have fallen 3.9% in the past 6 months. 2425 Ashdale DR # 28, Austin TX 78757 nearby adjusts to $154,778; a strong comparable. Based on 7 relevant data points in ROYAL ORLEANS NORTH CONDO, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
1 Beds
1 Baths 1 Full
667 Sq Ft
0.0282 Acres
1968 Built

About This Property

This charming condo, lovingly cared for the past 15 years, is now ready for a new owner to make it their own and for a fresh look. Whether you're looking to remodel and rent it out or to create a dreamy space to owner occupy, this is a fantastic opportunity! Unit 118 is tucked away towards the back of the building creating maximum privacy. The unit offers a seamless flow from the living room to dining area, bathroom, and bedroom, creating a comfortable and functional layout. While it does require some updates and interior repairs, the space is full of potential and just waiting for the right touch.

Inside, the home stays cozy and cools down quickly, providing year-round comfort. Hot water is supplied through the HOA, ensuring you'll never run out. The community is surrounded by lush greenery, and the neighbors are friendly and attentive. Ideally located just blocks from a variety of restaurants, shopping, the Alamo Drafthouse, and more, this condo offers both convenience and a welcoming atmosphere in a thriving neighborhood.

HOA fees cover water, trash, gas, recycling, basic exterior maintenance, common area insurance, landscaping and pool maintenance, and partial electric (for HVAC). Minimum lease term is 6 months.

Features

  • Ceiling Fan(s)
  • Primary Bedroom on Main
  • Walk-In Closet(s)

Location

Schools

School District Austin ISD
Elementary Pillow
Middle School Burnet (Austin ISD)
High School Anderson

Property Details

Property Type Residential
Flooring Carpet, Linoleum
Cooling Central Air
Heating Central
Exterior Lighting
County Travis
MLS # 6116939

HOA & Community

HOA Fee $350 /Monthly
HOA Includes Common Area Maintenance, Maintenance Grounds, Trash

Tax Information

Annual Taxes (MLS) $3,928 (2024)

Listing History

MLS# 6116939 53 days (52 CDOM)
Feb 7, 2025 Off Market
Dec 3, 2024 Price Change $145,000
Oct 27, 2024 Listed $165,000

Frequently Asked Questions About 7920 Rockwood LN # 118, Austin TX 78757

When was 7920 Rockwood LN # 118, Austin TX 78757 built?

7920 Rockwood LN # 118, Austin TX 78757 was built in 1968.

How much does 7920 Rockwood LN # 118, Austin TX 78757 cost?

7920 Rockwood LN # 118, Austin TX 78757 sold on February 7, 2025. Contact us for sale price details.

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