Ed's Opinion of Value

$245,889 Ed's Estimate: $334,881 $521,051
Lowest Comp Recommended List: $231,000 to $241,000 Highest Comp
The market data from 7 similar recent sales in 78130 points to a value of approximately $334,881. To sell within a reasonable timeframe at fair market value, the $231,000 to $241,000 range is where I'd position this. With 7 comparable homes on the market in 78130, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78130, listed between $239,000 and $480,000. In 78130, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 1441 Katy ST, New Braunfels TX 78130, adjusting to $414,390; 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
1 Beds
3 Baths 1 Full, 2 Half
1,476 Sq Ft
0.21 Acres
2020 Built

About This Property

Located in the heart of downtown New Braunfels in Town Creek. Agave Lofts offers a modern approach to hometown living. Architectural, interior, & landscape designs by award-winning professionals. Live/work unit offers storefronts facing the main entrance to Town Creek. Defined as residences, owners can benefit by securing a traditional mortgage vs. carrying the financial responsibility of a commercial loan. Unit incl. 2 car tandem parking & large master bedroom, 2bath and more. Call for a HARD HAT tourRestrictions: Yes Comm. Features: Health Club Discount

Features

  • High Ceilings
  • Interior Steps
  • Recessed Lighting
  • Walk-In Closet(s)

Location

Schools

School District New Braunfels ISD
Elementary Seele
Middle School Oakrun
High School New Braunfels

Property Details

Property Type Residential
Flooring Tile, Vinyl
Cooling Central Air
Heating Central
Exterior Balcony
County Comal
MLS # 4838089

HOA & Community

HOA Fee $285 /Monthly
HOA Includes Common Area Maintenance, Insurance, Landscaping

Listing History

MLS# 4838089 46 days
Nov 20, 2020 Off Market
Jun 19, 2020 Pending
May 4, 2020 Listed $408,800

Frequently Asked Questions About 1150 N Academy Ave, New Braunfels TX 78130

When was 1150 N Academy Ave, New Braunfels TX 78130 built?

1150 N Academy Ave, New Braunfels TX 78130 was built in 2020.

How much does 1150 N Academy Ave, New Braunfels TX 78130 cost?

1150 N Academy Ave, New Braunfels TX 78130 sold on November 20, 2020. Contact us for sale price details.

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