418 W Austin ST, Fredericksburg TX 78624

Off Market

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Ed's Opinion of Value

$301,236 Ed's Estimate: $569,382 $1,149,000

Lowest Comp Recommended List: $258,000 to $268,000 Highest Comp

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $569,382. I'd recommend coming to market at $258,000 to $268,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78624, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Built in 1900, this home is 74 years older than the average comp, which is reflected in the adjustments. The 0.34 acre lot (larger than the 0.18 acre average) is reflected in the estimate. Based on 7 relevant data points in 78624, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX

78624 Market Trends

$697,500 Median Sold Price ▼ 4.5% 6mo

$356/sqft Median $/SqFt ▼ 15.8% 6mo

88 days Avg Days on Market 14 days slower

61 homes Active Inventory 15.9 mo supply

95.8% Sale-to-List Ratio

23 Sales (6 months)

Recently Sold Comparables

$558,162 adjusted 406 E Centre ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,446 sqft • 1 mi Sold 11 months ago

$817,096 adjusted 208 N Acorn ST, Fredericksburg TX 78624 4bd / 3.0ba • 1,550 sqft • 0.3 mi Sold 5 months ago

$821,976 adjusted 210 E Travis ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,320 sqft • 0.7 mi Sold 5 months ago

$301,236 adjusted 428 Summit CIR, Fredericksburg TX 78624 2bd / 2.0ba • 1,491 sqft • 1.4 mi Sold 10 months ago

$355,852 adjusted 148 Feather Way, Fredericksburg TX 78624 3bd / 2.0ba • 1,615 sqft • 1.7 mi Sold 8 months ago

Currently on Market

$699,000 303 W Austin ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,432 sqft • 0.2 mi 365 days on market

$359,900 327 W Mulberry ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,561 sqft • 0.7 mi 176 days on market

$1,149,000 113 W Creek ST, Fredericksburg TX 78624 3bd / 2.0ba • 1,596 sqft • 0.5 mi 327 days on market

3 Beds

3 Baths 3 Full

1,470 Sq Ft

0.344 Acres

1900 Built

About This Property

Rare ACTUAL Sunday haus with historic marker in fabulous C-1 zoning! Perfect renovation project in an ideal location. Downstairs is living room, and spacious kitchen with some upgrades plus 2 or 3 bedrooms and 2 bathrooms. Upstairs, through a separate outside entrance is an additional open bedroom/den with whirlpool tub. Legally rent the two separately and add more units on this huge lot. Back yard offers double carport and an attached room which could be used as a laundry facility, office or more!

Features

Primary Bedroom on Main

Location

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Schools

School District Fredericksburg ISD

Elementary Fredericksburg

Middle School Fredericksburg

High School Fredericksburg (Fredericksburg ISD)

Property Details

Property Type Residential

Flooring Carpet, Vinyl, Wood

Cooling Central Air

Heating Central, Natural Gas

Exterior Exterior Steps

County Gillespie

MLS # 4027060

Listing History

MLS# 4027060 183 days

Nov 29, 2016	Off Market
May 30, 2016	Listed		$475,000

Frequently Asked Questions About 418 W Austin ST, Fredericksburg TX 78624

When was 418 W Austin ST, Fredericksburg TX 78624 built?

418 W Austin ST, Fredericksburg TX 78624 was built in 1900.

How much does 418 W Austin ST, Fredericksburg TX 78624 cost?

418 W Austin ST, Fredericksburg TX 78624 is currently off market.

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