Flip report generated Jan 29, 2025
The Flip Potential of
1308 Greenwood Ave Austin, TX
is medium.
Current Specs
3 Bed / 2 Bath
1,595 sqft
$251 per sqft
Estimated Value$400,000
Flip Advice
The property at 1308 Greenwood Ave, Austin, TX is situated in a rapidly developing area of East Austin. With 3 bedrooms and 2 baths, it has a solid foundation for a flip. However, the recent comps indicate an average price per square foot around $311, while this property is listed at $250. This suggests it is undervalued, but the need for renovations may limit its appeal to investors seeking significant ROI.
Consider minor updates to the property to enhance its appeal without extensive renovations. This could include fresh paint, landscaping, and perhaps updating kitchen and bathroom fixtures. Given the neighborhood's growth, a strategic approach to marketing and staging could yield a good return on investment. If you’re a homeowner, these improvements could also boost your sale price significantly.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.