8601 Sansom RD, Austin TX 78754

Austin, TX 78754 | N/A

Ed's Opinion of Value

$290,608 Ed's Estimate: $389,624 $799,000
Lowest Comp Recommended List: $492,000 to $500,000 Highest Comp
The comparable sales data (7 recent transactions in 78754) supports an estimated value of $389,624. The data suggests a list price between $492,000 and $500,000 would attract qualified buyers without leaving money on the table. Buyers shopping in 78754 right now would see this as a well positioned option among 7 comparable homes. At 304 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1959 (24 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in 78754; a buyer's market based on recent absorption. Prices in 78754 have fallen 5.7% over the last 6 months. A similar home at 3632 Quiette DR, Austin TX 78754 carries an adjusted comparable value of $290,608, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78754. 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
0 Beds
0 Baths
2,391 Sq Ft
0.78 Acres
1959 Built

About This Property

**HUGE PRICE DROP*** Large lot, easy accessibility to highways and downtown in North East Austin. The property is located in an ETJ, so there are fewer building/zoning restrictions and no municipal taxes. Located just 3 minutes from the new Austin Beerworks Brewery, and 2 minutes from St. Elmo Brewing Co’s new location, this property is right in the heart of the exploding North East Austin neighborhood.

Current structures on the property: Large house with a fully renovated stand alone separate home with laundry/kitchen/bathroom. Make the most of the huge househacking opportunity - rent out the garage studio with full bath and kitchenette. The second primary suite in the main house has its own private entrance off the patio. Easily add a kitchenette and rent it out as well. Or enjoy the space of the large home and yard all to yourself.

Several new multi-family developments have been under development in this area over the last two years. If you've been thinking about getting in on the Austin real estate market, now is your chance.

You have an opportunity to build multi-family housing on this lot - see drawings in Documents.

Buyer to verify all info.

Location

Schools

School District Austin ISD
Elementary Jordan
Middle School Garcia

Property Details

Property Type Land
Exterior None
County Travis
MLS # 4175278

Tax Information

Annual Taxes $12,194 (2023)

Listing History

MLS# 4175278 10 days
Mar 29, 2024 Off Market
Feb 20, 2024 Price Change $599,000
Feb 13, 2024 Listed $699,000

Frequently Asked Questions About 8601 Sansom RD, Austin TX 78754

When was 8601 Sansom RD, Austin TX 78754 built?

8601 Sansom RD, Austin TX 78754 was built in 1959.

How much does 8601 Sansom RD, Austin TX 78754 cost?

8601 Sansom RD, Austin TX 78754 sold on March 29, 2024. Contact us for sale price details.

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