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Lease Listing Update for 2700 Schwartz

As of 04/08/2026

Hi Siddhartha, below is a recap of the marketing I've done so far, the results we've gotten, current market conditions & my recommendation going forward.

Marketing I've done so far

Results to date

  • 2 phone calls
  • 0 private showing requests
  • The home has been listed for 14 days
  • 0 Applications

Market stats for comparable homes

Criteria used: 1 story single family home, between 1,000-1,450 sq ft, active, pending & leased within 180 days

Active (available for sale)

  • 1 comparable active listings (your competition)
  • Active price range: $1,850
  • Average active list price: $1,850
  • Average days on market: 29
  • Average price / SqFt: $1.28
  • Click to see PDF report

Leased (last 6 months)

  • 7 comparable leased listings (your competition)
  • Leased price range: $1,700 - $2,000
  • Average leased price: $1,878
  • Average days on market: 66
  • Average leased price / SqFt: $1.46
  • Click to see PDF report

78660 Market Stats for March 2026 (single family homes)

Source: Local MLS (Austin Board of Realtors)

  • Active number of lease listings: 138 (was 165 in February)
  • Median lease list price: $2,295 (was $2,295 in February)
  • Median Cumulative Days on Market: 36 (was 50 in February)
  • Median leased price: $2,095 (was $2,100 in February)

My Professional Opinion & Feedback Received:

I've had 2 calls on the home & I answered various questions about the home. 

I have not had any meaningful feedback yet since we have not had any private showings. 

We've been hampered the past couple of weeks by spring break & the Easter holiday which has caused slow results.

I believe the home is above the fair market price & the home should lease somewhere between $2,000 - $2,100.  

My Recommendation:

I recommend that we continue with the current plan of $50,00 reduction in the asking rent price each week until we start to get more traction.  

Please share your thoughts & feedback.

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