902 Spence ST, Austin TX 78702

Austin, TX 78702 | M K &

Ed's Opinion of Value

$390,693 Ed's Estimate: $522,557 $825,000
Lowest Comp Recommended List: $598,000 to $661,000 Highest Comp
Reviewing the most recent comparable transactions, this home's market value falls around $522,557. For a well positioned listing in M K &, I'd target the $598,000 to $661,000 range. In the current M K & market with 4 similar homes available, this price represents the 2nd least expensive of 4 comparable homes on the market. The 1928 construction puts this home 39 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is larger than the 0.07 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in M K &, ranging from $440,000 to $825,000. Recent trends in 78702 show home values have fallen 2.2% since 6 months ago. The most comparable recent sale is 1602 Canterbury ST, Austin TX 78702, with an adjusted value of $545,721; a strong comparable. 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
3 Beds
1 Baths 1 Full
858 Sq Ft
0.143 Acres
1928 Built

About This Property

Cute bungalow style home in sought after 78702! In the heart of East Austin! Turnkey and ready for move in or ready for your personal touches. Great 3/1 floorplan with separate laundry room. Great covered patio space to take in all Austin has to offer. Walking distance to Austin's finest bars and restaurants. Beautiful flooring and plenty of space for entertaining.

Features

  • Primary Bedroom on Main
  • See Remarks

Location

Schools

School District Austin ISD
Elementary Sanchez
Middle School Kealing
High School Austin

Property Details

Property Type Residential
Flooring Tile, Wood
Cooling Central Air
Heating Central
Exterior Exterior Steps, Private Yard
County Travis
MLS # 1082179

Tax Information

Annual Taxes $10,149 (2020)

Listing History

MLS# 1082179 22 days
Aug 25, 2020 Off Market
Jul 29, 2020 Pending
Jun 30, 2020 Listed $625,000

Frequently Asked Questions About 902 Spence ST, Austin TX 78702

When was 902 Spence ST, Austin TX 78702 built?

902 Spence ST, Austin TX 78702 was built in 1928.

How much does 902 Spence ST, Austin TX 78702 cost?

902 Spence ST, Austin TX 78702 sold on August 25, 2020. Contact us for sale price details.

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