800 W 5th ST # 807, Austin TX 78703

Off Market

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Ed's Opinion of Value

$352,560 Ed's Estimate: $669,171 $1,300,000

Lowest Comp Recommended List: $456,000 to $466,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $669,171. For a well positioned listing in TIN CITY LOFTS, I'd target the $456,000 to $466,000 range. Against 7 similar active listings in TIN CITY LOFTS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. Current inventory shows 7 comparable homes in TIN CITY LOFTS; a buyer's market based on recent absorption. Recent trends in TIN CITY LOFTS show home values have risen 0% since 6 months ago. The most comparable recent sale is 603 Davis ST # 1901, Austin TX 78701, with an adjusted value of $529,546; a strong comparable. The 4 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

TIN CITY LOFTS Market Trends

$700,000 Median Sold Price

$473/sqft Median $/SqFt ▲ 0.2% 6mo

88 days Avg Days on Market 42 days slower

6 homes Active Inventory 12 mo supply

91.5% Sale-to-List Ratio

3 Sales (6 months)

Recently Sold Comparables

$529,546 adjusted 603 Davis ST # 1901, Austin TX 78701 1bd / 1.0ba • 1,005 sqft • 1 mi Sold 10 months ago

$1,099,419 adjusted 98 San Jacinto BLVD # 904, Austin TX 78701 1bd / 2.0ba • 990 sqft • 0.7 mi Sold 2 months ago

$625,838 adjusted 901 W 9th ST # 316, Austin TX 78703 2bd / 1.0ba • 933 sqft • 0.2 mi Sold 12 months ago

$352,560 adjusted 54 Rainey ST # 817, Austin TX 78701 1bd / 1.0ba • 865 sqft • 1.1 mi Sold 9 months ago

Currently on Market

$1,300,000 98 San Jacinto BLVD # 2203, Austin TX 78701 1bd / 1.0ba • 1,060 sqft • 0.7 mi 1 days on market

$1,195,000 98 San Jacinto BLVD # 1803, Austin TX 78701 1bd / 1.0ba • 1,060 sqft • 0.7 mi 84 days on market

$460,000 603 Davis ST # 1101, Austin TX 78701 1bd / 1.0ba • 1,005 sqft • 1 mi 72 days on market

1 Beds

1 Baths 1 Full

1,025 Sq Ft

0.006 Acres

2003 Built

1 Garage

About This Property

Austin City Lofts is one of Downtown Austin's coveted luxury buildings.The building's location in the Downtown market district provides walkability to Whole Foods, Trader Joes, many restaurants and shops on W 6th, Lamar and 2nd Street Retail District. The large 1 bedroom/1 bath, 1025sqft floor plan features 11ft ceilings, concrete floors, a large walk-in closet, open kitchen and amazing oversized windows. The south facing units features a beautiful view of the Austin skyline. With an open living and dining room concept, the condo is a light and bright space. Enjoy sitting on the expansive balcony with breathtaking views of the city. Building amenities include 24hr concierge, community pool and hot tub, grill and loggia for entertaining. New dishwasher just installed and entire condo freshly painted.

Features

High Ceilings
Granite Counters
Primary Bedroom on Main
Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Flooring Concrete

Cooling Central Air

Heating Central

Exterior Balcony

County Travis

MLS # 1211760

Parking

Garage 1 spaces

HOA & Community

HOA Fee $732 /Monthly

HOA Includes Common Area Maintenance, Gas, Sewer, Trash, Water

Tax Information

Annual Taxes $10,318 (2021)

Listing History

MLS# 1211760 11 days

Jan 30, 2024	Off Market
Jan 9, 2024	Listed		$850,000

Frequently Asked Questions About 800 W 5th ST # 807, Austin TX 78703

When was 800 W 5th ST # 807, Austin TX 78703 built?

800 W 5th ST # 807, Austin TX 78703 was built in 2003.

How much does 800 W 5th ST # 807, Austin TX 78703 cost?

800 W 5th ST # 807, Austin TX 78703 sold on January 30, 2024. Contact us for sale price details.

Similar Properties

$595,000 311 W 5th ST # 704, Austin TX 78701 1 bd | 1 ba

$599,000 48 East Ave # 1104, Austin TX 78701 1 bd | 1 ba

$599,000 1900 Barton Springs RD # 3031, Austin TX 78704 1 bd | 1 ba

$599,000 84 East Ave # 1904, Austin TX 78701 1 bd | 1 ba

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Oct 13, 2021	Off Market
Jul 9, 2021	Listed		$700,000