940 E 53rd ST, Austin TX 78751

Austin, TX 78751 | Ridgetop

Ed's Opinion of Value

$475,000 Ed's Estimate: $593,278 $725,000
Lowest Comp Recommended List: $503,000 to $513,000 Highest Comp
Based on 3 closed sales in RIDGETOP, the data points to a value around $593,278 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $503,000 to $513,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in RIDGETOP's current inventory. Current inventory shows 3 comparable homes in RIDGETOP; a buyer's market based on recent absorption. Market data shows RIDGETOP prices risen 11.3% over the last half year. The closest comparable sale, 4810 Rowena Ave, Austin TX 78751 at an adjusted $711,068, is a strong comparable. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus
2 Beds
1 Baths 1 Full
1,152 Sq Ft
0.224 Acres
1940 Built

About This Property

PRICE REDUCED to $25K less than tax value for the land alone! The VALUE is in the LAND.Ideal candidate for REHAB or Fixer Upper.Large double lot is one of largest in area.An unused 12' alley behind property is fenced in as though part of the backyard.Close to shopping.Only minutes from downtown & UT.Up and coming area w/ lots of rennovation & new construction.Restrictions: Yes

Features

  • Multiple Living Areas
  • Primary Bedroom on Main

Location

Schools

School District Austin ISD
Elementary Ridgetop
Middle School Lamar (Austin ISD)
High School McCallum

Property Details

Property Type Residential
Flooring Carpet, Vinyl, Wood Under Carpet
Cooling Wall/Window Unit(s)
Heating Electric, Space Heater
Exterior None
County Travis
MLS # 9610800

Tax Information

Annual Taxes $4,616 (2009)

Listing History

MLS# 9610800 56 days
Oct 19, 2012 Off Market
Jul 6, 2012 Listed $249,900
Jun 23, 2010 Price Change $228,900

Frequently Asked Questions About 940 E 53rd ST, Austin TX 78751

When was 940 E 53rd ST, Austin TX 78751 built?

940 E 53rd ST, Austin TX 78751 was built in 1940.

How much does 940 E 53rd ST, Austin TX 78751 cost?

940 E 53rd ST, Austin TX 78751 sold on October 19, 2012. Contact us for sale price details.

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