916 Chote Ave # 2, Austin TX 78702

Austin, TX 78702 | Govalle

Ed's Opinion of Value

$289,900 Ed's Estimate: $406,419 $600,000
Lowest Comp Recommended List: $276,000 to $286,000 Highest Comp
My analysis of 7 comparable properties puts this home's estimated value at $406,419. Based on how the local market is moving, a list price between $276,000 and $286,000 would position this home well. Relative to what's currently available in GOVALLE, this home would be the 4th most expensive of 7 comparable homes on the market. At 16 years older than typical comps, the 1951 build date influences the valuation. The smaller lot (0.08 acres versus the area average of 0.15) contributes to the valuation. 7 similar homes are currently available in GOVALLE, creating a buyer's market for this price range. The 6 month price trend in 78702: fallen 2.2%. The best comp here is 3310 Goodwin Ave, Austin TX 78702 at an adjusted value of $304,675, a strong comparable. The comp data here (7 sales in GOVALLE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus
0 Beds
0 Baths 2 Full
1,126 Sq Ft
0.084 Acres
1951 Built

About This Property

A rare and unique opportunity to purchase a home, casita and buildable lot all in one package. The options are endless on how to use this versatile space. 1. Live in the adorable and remodeled single story bungalow with detached casita (currently designed to be used as a primary suite) and enjoy the large open yard with shade from the neighboring trees until you decide to sell or build. 2. Live or rent the bungalow and casita while building your dream home next door creating a compound of livable options with income potential. 3. Build and sell/rent the new construction to pay down your mortgage or supplement your income. The lot can accommodate a home of up to 2400 sq ft facing Bolm Rd. or can be sold separately. This property is a great opportunity to take the steps towards being an investor/builder/or owner of multiple homes at your own pace. Plat has already been approved and HOA has been created and stamped by state. Seller is willing to remove regime if buyer prefers to own the single lot. Contact agent for HOA docs

Features

  • Ceiling Fan(s)
  • Eat-in Kitchen
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Govalle
Middle School Martin

Property Details

Property Type Land
Flooring Tile, Wood
Cooling Ceiling Fan(s), Ductless
Heating Ductless
Exterior Gutters Partial, Private Yard
County Travis
MLS # 2888242

HOA & Community

HOA Includes See Remarks

Tax Information

Annual Taxes $7,240 (2020)

Listing History

MLS# 2888242 3 days
May 3, 2024 Off Market
Mar 27, 2024 Listed $199,999

Frequently Asked Questions About 916 Chote Ave # 2, Austin TX 78702

When was 916 Chote Ave # 2, Austin TX 78702 built?

916 Chote Ave # 2, Austin TX 78702 was built in 1951.

How much does 916 Chote Ave # 2, Austin TX 78702 cost?

916 Chote Ave # 2, Austin TX 78702 sold on May 3, 2024. Contact us for sale price details.

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