North Loop Year-End Market Update 2019

North Loop 2019 Residential Market Statistics

Properties of all types have been popular this year: original construction, remodeled original construction, and the new construction of Single Family Homes and Accessory Dwelling Units/Detached Condos. On the surface it may appear that new constructions are wildly popular but there continues to be a huge demand for original construction. Inventory is very tight and properties continue to sell very quickly. I predict that 2020 will be the most competitive year in the history of Austin’s residential real estate market.

North Loop Properties Sold in 2019: 56

Average Property Profiles:

3 bedrooms | 2 baths | 1,288 sf | 0.14 Acres

List Price: $445,750

Sales Price: $427,000

Sales Price/List Price: 98.74%

Sales Price/sf: $354.35

Average Days on Market: 12

Single Family Homes (SFH) Sold: 33

Median SFH Sales Price: $410,000 | $399/sf

Average Days on Market: 12

Detached Condos / Accessory Dwelling Units (ADUs) Sold: 23

Median ADU Sales Price: $525,000 | $346/sf

Average Days on Market: 14

 

MLS # Status Area Address # Beds Total # Baths Full # Baths Half # Living # Stories # Garage Spaces Year Built Acres Sqft Total LP$SqFt List Price Sold/Lease$/SqFt Sold/Lease Price Sold/Lease Date ADOM CDOM
7608377 S 4 302 Franklin BLVD 2 1 0 1 1 0 1948 0.18 838 $340.10 $285,000.00 $316.23 $265,000.00 03/11/2019 3 3
4401995 S 4 212 E North Loop BLVD 2 1 0 1 1 1 1947 0.18 708 $437.85 $310,000.00 $405.37 $287,000.00 10/23/2019 123 123
2775377 S 4 5511 Avenue F Unit#B 2 2 0 1 2 1 2015 0.14 819 $366.30 $300,000.00 $354.09 $290,000.00 08/05/2019 334 334
7831080 S 4 5111 Martin Ave Unit#B 2 2 0 1 2 2 2005 0.04 924 $324.57 $299,900.00 $346.32 $320,000.00 07/17/2019 2 2
7922779 S 4 506 W 51st ST Unit#A 2 1 0 1 1 0 1950 987 $339.41 $335,000.00 $327.25 $323,000.00 08/29/2019 10 10
5112088 S 4 409 W 55th ST 2 1 0 1 1 1 1953 0.15 702 $477.21 $335,000.00 $462.96 $325,000.00 11/21/2019 161 161
9470389 S 4 106 W 55th ST 3 2 0 1 1 0 1952 0.15 1,120 $343.75 $385,000.00 $308.04 $345,000.00 02/19/2019
6994327 S 4 408 W 55th ST 3 2 0 1 1 0 1952 0.15 1,704 $205.40 $350,000.00 $205.40 $350,000.00 07/18/2019 22 22
2316966 S 4 5211 Evans Ave 2 1 0 1 1 0 1947 728 $513.74 $374,000.00 $488.74 $355,800.00 11/18/2019 12 12
6796743 S 4 5114 Avenue F 3 2 0 1 1 0 1946 0.13 1,283 $319.49 $409,900.00 $292.28 $375,000.00 03/26/2019 27 27
4657322 S 4 505 E 54th ST Unit#A 2 1 0 1 1 0 1946 0.14 927 $441.21 $409,000.00 $405.83 $376,200.00 03/27/2019 96 96
8201553 S 4 5512 Avenue H 2 1 0 1 1 0 1953 0.14 768 $455.73 $350,000.00 $494.79 $380,000.00 10/25/2019 2 2
1892678 S 4 302 Franklin BLVD 2 1 0 1 1 1 1948 838 $459.43 $385,000.00 $453.46 $380,000.00 08/30/2019 17 17
1119278 S 4 5507 Link Ave 5 3 0 1 1 0 1952 0.15 1,442 $297.50 $429,000.00 $263.52 $380,000.00 09/11/2019 135 135
4767343 S 4 5508 Avenue F 2 1 0 1 1 1 1947 0.14 752 $518.62 $390,000.00 $515.96 $388,000.00 07/09/2019 2 2
9437445 S 4 407 W 55 1/2 ST 2 1 0 1 1 1 1950 0.15 810 $492.59 $399,000.00 $480.25 $389,000.00 07/12/2019 70 70
1779462 S 4 5208 Avenue G Unit#2 2 2 1 1 1 1 2016 0.00 1,121 $352.36 $395,000.00 $352.36 $395,000.00 05/23/2019 53 53
9323971 S 4 5402 Evans Ave Unit#2 2 1 1 1 2 1 2018 0.14 1,009 $396.33 $399,900.00 $391.48 $395,000.00 01/14/2019 19 97
7696745 S 4 508 Nelray BLVD 5 2 0 1 1 0 1946 0.15 1,334 $299.10 $399,000.00 $299.10 $399,000.00 05/06/2019 11 11
5748391 S 4 5404 Avenue F 2 1 0 1 1 0 1947 0.14 798 $526.32 $420,000.00 $501.25 $400,000.00 07/18/2019 15 15
8527473 S 4 5105 Avenue F 2 1 0 1 1 0 1947 0.15 1,008 $396.73 $399,900.00 $399.31 $402,500.00 11/18/2019 2 2
2862319 S 4 5213 Evans Ave 2 1 0 1 1 0 1947 984 $431.91 $425,000.00 $413.31 $406,700.00 11/18/2019 12 12
6896968 S 4 5400 Avenue F 2 1 0 1 1 1 1947 0.14 757 $554.81 $419,990.00 $541.61 $410,000.00 06/20/2019 6 6
9961841 S 4 508 E 55th Ave 2 2 1 1 2 1 2019 930 $462.37 $430,000.00 $444.09 $413,000.00 04/24/2019 23 23
8260690 S 4 5401 Avenue G 2 2 0 2 1 0 1950 1,219 $340.44 $415,000.00 $343.72 $419,000.00 05/17/2019 6 6
9399798 S 4 212 Nelray BLVD 2 1 0 2 1 0 1952 0.19 1,006 $412.52 $415,000.00 $420.97 $423,500.00 03/05/2019 5 5
6900128 S 4 505 E 54th ST Unit#B 3 2 0 1 1 0 2003 0.14 1,195 $375.73 $449,000.00 $359.83 $430,000.00 04/12/2019 96 96
5447232 S 4 206 W 55th ST 2 1 0 2 1 1 1952 0.15 1,013 $409.67 $415,000.00 $429.42 $435,000.00 04/05/2019 4 4
3312217 S 4 5202 Evans Ave Unit#B 3 2 0 1 2 1 2016 0.06 1,027 $430.87 $442,500.00 $427.46 $439,000.00 07/01/2019 39 39
3126718 S 4 406 W 55 1/2 ST 3 2 1 1 2 0 1950 0.16 1,604 $280.49 $449,900.00 $274.31 $440,000.00 07/26/2019 11 11
6335326 S 4 5208 Evans Ave 3 2 0 1 1 0 1946 0.21 1,392 $323.28 $450,000.00 $317.53 $442,000.00 10/31/2019 13 13
3646723 S 4 5512 Duval ST 5 2 0 1 1 0 1958 0.15 1,570 $286.62 $450,000.00 $286.62 $450,000.00 07/02/2019 6 6
2190002 S 4 112 W 55 1/2 ST 3 1 1 2 1 3 1952 0.16 1,116 $443.46 $494,900.00 $425.63 $475,000.00 12/02/2019 76 76
7475448 S 4 408 W 51st ST Unit#A 2 2 1 2 2 0 2014 0.08 1,428 $349.44 $499,000.00 $346.64 $495,000.00 07/02/2019 10 10
7318708 S 4 402 W 51st ST Unit#B 3 2 1 2 2 0 2014 0.08 1,538 $337.45 $519,000.00 $330.95 $509,000.00 07/31/2019 17 17
5448566 S 4 506 W 51st ST Unit#A & B 4 2 0 2 2 0 1950 0.17 2,038 $260.06 $530,000.00 $257.61 $525,000.00 04/24/2019 1 1
8889899 S 4 5504 Duval ST 3 2 0 1 1 1 1958 0.15 1,382 $379.88 $525,000.00 $383.50 $530,000.00 10/25/2019 4 4
1108329 S 4 205 Nelray BLVD Unit#B 3 3 0 1 2 0 2019 0.20 1,627 $337.43 $549,000.00 $337.43 $549,000.00 11/22/2019 2 2
8401607 S 4 205 Nelray BLVD Unit#A 3 3 0 1 2 0 2019 0.20 1,613 $340.36 $549,000.00 $340.36 $549,000.00 11/22/2019 2 2
7774186 S 4 5018 Avenue F 2 2 0 1 1 0 1941 0.14 1,215 $476.54 $579,000.00 $465.02 $565,000.00 07/03/2019 31 110
4813374 S 4 5315 Martin Ave 3 3 0 1 2 0 1940 0.15 2,083 $282.53 $588,500.00 $271.24 $565,000.00 07/17/2019 83 83
9828243 S 4 407 W 55th ST Unit#A 3 2 1 2 2 1 2016 0.08 1,762 $326.33 $575,000.00 $323.50 $570,000.00 08/09/2019 10 71
7570540 S 4 5106 C Caswell Ave 4 3 1 2 2 1 2014 0.07 1,963 $305.60 $599,900.00 $299.03 $587,000.00 06/14/2019 39 39
7616028 S 4 100 E 51st ST Unit#2 3 2 1 1 2 2 2006 0.09 1,930 $303.11 $585,000.00 $304.40 $587,500.00 05/06/2019 47 47
3344630 S 4 5012 Rowena 3 2 0 1 1 0 1947 0.18 1,346 $445.77 $600,000.00 $439.45 $591,500.00 12/10/2019 5 5
5079298 S 4 5108 Eilers Ave 3 2 0 1 1 0 2001 0.14 1,556 $375.96 $585,000.00 $382.39 $595,000.00 05/24/2019 4 4
7160609 S 4 5501 Link Ave Unit#A 3 2 1 1 2 1 2015 0.09 1,661 $360.63 $599,000.00 $360.63 $599,000.00 09/13/2019
7389188 S 4 5200 Bruning Unit#1 3 2 1 1 2 1 2019 1,539 $389.21 $599,000.00 $389.80 $599,900.00 11/08/2019 7 7
2751564 S 4 5204 Martin Ave Unit#B 4 3 1 2 2 1 2013 0.07 1,988 $306.34 $609,000.00 $304.33 $605,000.00 07/29/2019 76 76
4728937 S 4 105 W 55 1/2 ST Unit#1 3 2 1 1 2 1 2018 1,725 $359.36 $619,900.00 $359.36 $619,900.00 01/09/2019 14 14
3694970 S 4 5111 Martin Ave Unit#A 4 3 0 1 2 0 2005 0.10 2,321 $275.70 $639,900.00 $267.13 $620,000.00 10/11/2019 67 67
6287765 S 4 5509 Link Unit#A&B 5 3 0 2 1 0 1952 0.15 1,960 $323.98 $635,000.00 $316.33 $620,000.00 05/10/2019 5 5
9528854 S 4 5101 Avenue G 3 2 0 2 2 1 1945 0.15 2,144 $291.51 $625,000.00 $291.51 $625,000.00 10/04/2019 12 12
6800021 S 4 5408 Evans Ave 3 2 0 1 2 2 2010 0.14 2,279 $302.72 $689,900.00 $295.74 $674,000.00 07/02/2019 55 55
9116177 S 4 5114 Avenue F 3 2 0 1 1 0 1946 0.14 1,685 $402.97 $679,000.00 $412.46 $695,000.00 11/15/2019 2 2
4653614 S 4 5513 Avenue H 4 2 1 1 2 2 2019 0.14 2,483 $392.67 $975,000.00 $392.67 $975,000.00 12/06/2019 3 3

Posted on December 13, 2019 at 2:46 pm
Todd Harper | Posted in Uncategorized |

Central Austin Neighborhoods Guide 2019

 

Austin, Texas 360 Bridge 

Central Austin Neighborhoods Guide 2019

Here is your Central Austin Neighborhoods Guide for 2019. Here you will find a general breakdown of the areas in and around Central Austin, as well as more detailed neighborhood profiles. (There are also a few bonus neighborhood spotlights on the south side.)

General Areas of Town

North Austin (North and Northwest of HWY 183) – Tech. This is where the tech sector is living and growing. Some of the best schools in the state are in the NW part of town so the home prices continue to rise.

West Austin (West of Mopac/HWY 1) – Old Money. This has always been the wealthiest part of Austin since the city’s inception. Large estates that generally start at $1M.

East Austin (East of I-35) – Rejuvenating Austin. This area has seen major redevelopment in the last 15 years. This was historically the economic disadvantaged part of town. Now it’s full of very expensive homes next to properties that need to be redeveloped.

South Austin (South of the river) – Very expensive, rejuvenating Austin. 25 years ago, South Congress was not exactly a tourist destination due to it’s “seedy” underbelly. Now it’s full of very expensive homes. The major attraction is its proximity to downtown, the river, Barton Creek Greenbelt, and Barton Springs.

Central Austin (North of the river, I-35 to the east, Mopac to the west, HWY-183 to the north) – There a lot of different vibes in this area. UT, Hyde Park, Enfield, North Loop/Airport Blvd, Burnet, Shoal Creek, etc. Every neighborhood has its own little thing. All areas continue to climb in price.

Some Specific Neighborhoods to Check Out

North Loop. It is one of the only truly walkable areas in Austin. When I say that I mean that most people aren’t going to walk more than a high mile to get anywhere, particularly during the summer. Also, about as central as you get in Austin, so everything is a close drive. Notable spots: Foreign & Domestic, Drink Well, Tigress Pub, Work Horse, and Home Slice Pizza (the second location of Austin’s most popular pizza place located on South Congress).

North Loop is also immediately adjacent to Airport Blvd which has some great restaurants like Kome, Bun Belly, Tyson’s Tacos, Mrs. Johnson’s Bakery, and Quality Seafood Market. It’s also across I-35 from Mueller. Mueller a huge master planned mixed-use development situated at the old airport. I’m not particularly recommending it to you because it is mostly small lot garden homes or condos with lots of restrictions, i.e. no pools. It can be a fun place to hang though because there are some good restaurants, farmer’s markets, and lots of events going on there.

Skyview. Pocket neighborhood immediately north of North Loop. North Loop vibe at a better price point. It’s also adjacent and walking distance to the old Highland Park Mall, which is being built out as a master planned mixed use area. This area will soon be in the middle of a lot of things. Check out the Brewtorium. There is also a metro rail stop here.

Crestview/Brentwood. This area has been growing like gangbusters the past few years. The attraction? Central Austin with slightly bigger homes, close to everything and nice lots with trees. A lot of these homes are small ranch style homes that don’t necessarily have the best curb appeal, but they do tend to have more an open-concept as compared to more bungalow styles found in Hyde Park and 78704 near Zilker and Bouldin. Check out Black Star Coop, Ginny’s Little Longhorn, Lala’s, Barley Swine, Stiles Switch BBQ, and the Peached Tortilla.

North Shoal Creek. Pocket neighborhood at the very NW part of Central Austin. A little far out but still close to everything on Burnet and close to the Domain. This area has some great deals on homes for the price per square foot. Also, nice lots with great trees. Some spots include Hopdoddy’s, Top Notch, and the Night Owl.

Windsor Park. Quickly becoming a great option for many people. Close to Mueller, quick drive to downtown, and adjacent to Central Austin. Larger homes with some great lots with trees. Like Crestview/Brentwood, these homes don’t have the best curb appeal, but they are generally more suitable to open-concept. This area has some of the best values in town right now.

Chestnut. Just south of Cherrywood. This area is close to everything on Manor and, 11th & 12th street. This area is in the redevelopment process and the price per square foot tends to be very high. People like the location to downtown. Check out Salty Sow, Hillside Farmacy, and Rio Rita. 12th and Chicon was one of the sketchiest spots in town 7 years ago.

Holly. Very expensive but a great part of town. Huge redeveloped homes next to people holding out for the big $$$. Tons of amazing trees and walkable to one of our favorite parks in Austin, Festival Beach. Virtually considered downtown and close to everything on Cesar Chavez and east 6th. Keep in mind with all the major development along east 6th it is a very different place than just a few years ago. It used to full of really fun bars that are now either defuncted or next store to a huge condo development. Not necessarily bad, just different.

Galindo/Dawson. South of Bouldin and North HWY 290. The last bit of stretch that you can find a home in this general area of town under $600K (that doesn’t need major work). Some good ones can still be found though. Close to downtown and everything on South Lamar and South Congress. Also, you are close to the Barton Creek Greenbelt and Barton Springs – a must to beat the summer heat. Check out 4025 Valley View, they are having an open house today from 12pm to 2pm. I’ll send you a text about it.

For more information about Central Austin Neighborhoods contact me directly! http://www.centralaustinrealtor.com

Hungry? Get some Home Slice in your belly!!!! http://www.homeslicepizza.com


Posted on July 9, 2019 at 6:51 pm
Todd Harper | Posted in Uncategorized |

North Loop Real Estate Mid-Year Home Sales 2019

North Loop Real Estate Home Sales – January to June 2019

Total North Loop Properties Sold: 54

Single Family Homes (SFH) Sold: 28
Median SFH Sales Price: $409,750 | $340/sf
Average Days in Market: 10

Accessory Dwelling Units (ADU) Sold: 12
Median ADU Sales Price: $451,250 | $346/sf
Average Days in Market: 16

Condos Sold: 14
Median Condo Sales Price: $224,500| $285/sf
Average Days on Market: 88

Is your home sellable? You bet. North Loop real estate continues to be HOT! There is very strong demand for North Loop real estate because of the central location, unique character, and the amazing walkability to local retail/restaurants/bars. I don’t expect this to change anytime soon, and I have a list of renters who would love to purchase in the area.

Contact me today for a free comparative market analysis to learn the value of your home.

http://toddharper.agent.jbgoodwin.biz/contact-me

https://www.austinmonthly.com/AM/July-2017/Best-Austin-Neighborhoods-North-Loop/


Posted on June 24, 2019 at 10:16 pm
Todd Harper | Posted in Uncategorized |

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