$275,000
SOLD MAR 7, 2023
Last list price

1202 Newning Ave Unit 306 Austin, TX 78704

SoCo Neighborhood
1 Bed
1 Bath
627 Sq Ft
$246/mo HOA Fee

Recently Sold

$439 Per Sq Ft

27 Days on Market

Highlights

  • Downtown View
  • Mature Trees
  • Quartz Countertops
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of July 2024

TRAVIS HEIGHTS CONDO. Beautifully updated 1BD/1BA condo in the coveted Madrid Condos, located in the heart of sought-after, historic Travis Heights. Walk to SoCo, Downtown Austin, Rainey Street, and the popular Ann & Roy Butler Hike & Bike Trail Boardwalk. Stunning views of Downtown Austin right out your front door! This Move-In-Ready Condo serves as an ideal urban home, city getaway, and/or short-term rental (HOA allows STR). The bright and open interior features stunning modern renovations including designer fixtures, recessed lighting, and easy-to-maintain, wood-look tile plank flooring. Fresh paint and updated lighting throughout. The well-designed, open-concept floor plan is perfect for entertaining. The stylish, updated kitchen features a large peninsula with breakfast bar seating, sleek quartz countertops, elegant cabinetry, updated SS gas range & microwave, and pantry storage. Enjoy a large bedroom with two closets including a walk-in with built-in shelving and added stackable washer & dryer connections. The tastefully updated and spacious bathroom offers a contemporary vanity with quartz countertop, stylish fixtures & hardware, and a shower/tub combo nestled in subway tile backsplash. Residents of Madrid condos enjoy a sparkling community pool and well-maintained common grounds with BBQ/picnic areas and awesome views of Downtown Austin. Enjoy having all boutique shops, eateries, and entertainment venues along South Congress right at your doorstep. Enjoy strolls through historic Travis Heights with tree-lined streets, colorful homes, and incredible views. Travis Heights is one of Austin’s most sought-after neighborhoods. Don’t miss out on this rare opportunity to secure a well-priced, move-in-ready condo in this amazing location! Schedule a showing today.

Last Agent to Sell the Property

Kristin Kreisel

Compass RE Texas, LLC License #0641235 Listed on: 02/03/2023

Compass RE Texas, LLC

Last Buyer's Agent

Rachel Putman

Austin Avenue Real Estate Co. License #0515313

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,816

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • West Facing Home
  • Landscaped
  • Sprinkler System
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $246 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 627 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Window Screens
  • Storage
  • Tile Flooring
  • Downtown Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Electric Dryer Hookup

Home Security

Parking

  • 1 Parking Space
  • Open Parking
  • Parking Lot
  • Outside Parking
  • Assigned Parking

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Travis Elementary School
  • Lively Middle School
  • Travis High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot 306
  • Assessor Parcel Number 03000118340000
  • 2% Total Tax Rate
  • Special Tax Authority

Community Details

Overview

  • Association fees include common area maintenance, insurance, landscaping, ground maintenance, maintenance structure
  • Madrid Condos HOA
  • Low-Rise Condominium
  • Madrid Condominiums Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Common Area
  • Community Mailbox

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,816

Year Built

Built in 1966 | Remodeled

Lot Details

0

HOA Fees

$246 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: 3rd+ Floor Entry, Low Rise (1-3 Stories)
  • Restrictions: Deed Restrictions
  • Year Built: 1966
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: From I-35, take the exit for Riverside Dr. Head west on E Riverside Dr. Turn left onto Newning Ave. At the top of the hill, take a left onto Academy Dr. Turn right onto Newning Ave. Madrid Condos will be on the right. Take the middle stairwell to the top floor. Unit 306.
  • Disclosures: Lead Base Paint Addendum, Other Disclosures, Seller Disclosure
  • Estimated Taxes: 4816.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 627.00
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Counter-Quartz, Electric Dryer Hookup, High Speed Internet, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Recessed Lighting, Storage, Two Primary Closets, Walk-In Closet(s), Washer Hookup, See Remarks
  • Laundry Location: In Unit, Inside, Laundry Closet, See Remarks
  • View: City, City Lights, Downtown, See Remarks
  • Flooring: Tile
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Gas Range, Microwave, Water Heater-Gas
  • Main Level Bedrooms: 1
  • Property Condition: Updated/Remodeled
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Window Features: Screens

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Exterior Steps, Gutters Full, Lighting
  • Roof: Composition
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Open, Outside, Parking Lot
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Internet-Cable, Internet-Fiber, Natural Gas Available, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure
  • Association Fee Frequency: Monthly
  • Association Fee: 246.00

Association/Amenities

  • Management Company: PMT
  • Association Name: Madrid Condos HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Picnic Area, Pool, See Remarks

Schools

  • School District: Austin ISD
  • School District: Austin ISD
  • Elementary School: Travis
  • Middle School: Lively
  • High School: Travis
  • Elementary School: Travis
  • High School: Travis
  • Middle/Junior School: Lively

Lot Info

  • Lot Features: Curbs, Landscaped, Sprinkler - Automatic, Sprinkler - In-ground, Trees-Large (Over 40 Ft), Trees-Medium (20 Ft - 40 Ft), Trees-Moderate
  • Special Assessment: Yes
  • Parcel Number: 03000118340000
  • Lot Size Acres: 0.0181
  • Lot Size Sq Ft: 788.44
  • Subdivision Name: MADRID CONDOMINIUMS

Building Info

  • Construction Materials: Frame
  • New Construction: No

Tax Info

  • Tax Filled Sqft Total: 627
  • Tax Lot: 306
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Annual Amount: 4815.69
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2024
Closed on
Jul 16, 2024
Sold by
Putman Joseph G
Bought by
Scarborough Amy and Scarborough Matthew S
Seller's Agent
Rachel Putman
Austin Avenue Real Estate Co.
Buyer's Agent
Beth Perkins
Compass RE Texas, LLC
List Price
$285,000
Sold Price
$285,000
Views
29
Current Estimated Value
$285,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$780
Avg. Annual Appreciation
0.27%
Original Mortgage
$228,000
Outstanding Balance
$226,275
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$59,505

Purchase Details

Listed on
Feb 3, 2023
Closed on
Mar 7, 2023
Sold by
Witte Kristen E
Bought by
Putnam Joseph G
Seller's Agent
Kristin Kreisel
Compass RE Texas, LLC
Buyer's Agent
Rachel Putman
Austin Avenue Real Estate Co.
List Price
$275,000
Sold Price
$296,000
Premium/Discount to List
$21,000
7.64%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.77%

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 13, 2016
Sold by
Christensen Nicholette
Bought by
White Kristen E
Seller's Agent
Nick Cochrane
Campus & Central Properties
Buyer's Agent
Brook Seaman
Realty Austin
List Price
$205,000
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$184,500
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2014
Sold by
Nc & Gs 1202 Llc
Bought by
Christensen Nicholette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Austin, TX

  • 1304 Summit St Unit 107, Austin, TX 78741

    $239,000

    • 2 Beds
    • 1 Bath
    • 764 Sq Ft
    • 1304 Summit St
    • Unit 107
    • Austin, TX

    Welcome to 1304 Summit Street, Unit 107 — a stylish, modern 2-bedroom, 1-bath condo offering an updated open floor plan that maximizes its 764 square feet. The heart of this home is an expansive island kitchen, perfect for culinary enthusiasts, featuring quartz countertops, stainless steel appliances, and a gas range. Other features include a wall of windows in the living room, recent laminate

    Kevin Haines Compass RE Texas, LLC

    Section Image
  • 507 Sabine St Unit 1010, Austin, TX 78701

    $299,000

    • 1 Bed
    • 1 Bath
    • 745 Sq Ft
    • 507 Sabine St
    • Unit 1010
    • Austin, TX

    Welcome to urban living at its finest in the heart of Austin! This stunning 745 sq. ft. highrise condo at 507 Sabine St offers a perfect blend of modern convenience and sophisticated style. As you step inside, you'll be greeted by soaring high ceilings that enhance the open and airy feel of this exquisite home. The northeastern exposure and huge wall of windows fill the space with natural light,

    Kevin Haines Compass RE Texas, LLC

    Section Image
  • 3018 S 1st St Unit 204, Austin, TX 78704

    $219,900

    • 1 Bed
    • 1 Bath
    • 565 Sq Ft
    • 3018 S 1st St
    • Unit 204
    • Austin, TX

    Special Financing Options Available -- Please Inquire! Discover the best of Austin living in the coveted 78704 zip code! This South Austin home offers unbeatable value just minutes from Downtown Austin, Lady Bird Lake, local restaurants, coffee shops, bars, live music, and entertainment hotspots. Unit 204 is move-in ready, featuring an open floor plan, soaring vaulted ceilings, and sliding glass

    Adelina Rotar Keller Williams Realty

    Section Image
  • 1110 W 22nd St Unit 13, Austin, TX 78705

    $330,000

    • 2 Beds
    • 1 Bath
    • 798 Sq Ft
    • 1110 W 22nd St
    • Unit 13
    • Austin, TX

    Tucked away in a peaceful, gated community in the heart of central Austin, this beautifully remodeled cottage seamlessly blends timeless character with modern updates. Step inside to soaring vaulted ceilings, rich oak wood flooring, and an abundance of natural light pouring in through large windows. The kitchen is outfitted with granite countertops and stainless steel appliances, including a

    Casey Legg Urbanspace

    Section Image
  • 1807 Poquito St Unit 41, Austin, TX 78702

    $307,000

    • 1 Bed
    • 1 Bath
    • 863 Sq Ft
    • 1807 Poquito St
    • Unit 41
    • Austin, TX

    Location! Location! Location! This immaculate top floor condo is conveniently located in downtown Austin, minutes from the UT campus and conveniently close to restaurants, shopping, entertainment, and more. Open-concept living with a modern, minimalist design is what you will first notice upon entering. The open layout allows you to move with ease while cooking and entertaining. Thoughtful design

    Michele Storey Compass RE Texas, LLC

    Section Image
  • 4361 S Congress Ave Unit 435, Austin, TX 78745

    $300,000

    • 2 Beds
    • 2 Baths
    • 1,081 Sq Ft
    • 4361 S Congress Ave
    • Unit 435
    • Austin, TX

    Unbelievable Price - Fully Furnished Option Available! The view looks over the beautiful tree-covered courtyard, a RARE find in this community and what's available on market. Most face a busy street and/or near loading dock. Right in the heart of Austin’s coolest neighborhoods, this barely lived-in 4th floor, 2-bedroom, 2-bathroom condo on South Congress is special! Inside, wood laminate floors,

    Cory Culpepper Douglas Elliman Real Estate

    Section Image
  • 4361 S Congress Ave Unit 504, Austin, TX 78745

    $233,000

    • 1 Bed
    • 1 Bath
    • 825 Sq Ft
    • 4361 S Congress Ave
    • Unit 504
    • Austin, TX

    Very motivated seller. Enjoy a modern 1-bed, 1-bath condo that gets you close to all that is on Congress and St Elmo including Arts, and Wineries. Besides a well designed living space, this unit offers a fifth floor view from the generous balcony towards the Hill Country. If Sunsets are your thing, this is your place! It has a view of Austin you have not seen and worth your consideration! Your

    John Rosshirt Stanberry REALTORS

    Section Image
  • 4510 Terry-O Ln Unit 205, Austin, TX 78745

    $300,000

    • 1 Bed
    • 1 Bath
    • 716 Sq Ft
    • 4510 Terry-O Ln
    • Unit 205
    • Austin, TX

    Welcome to The Station at St. Elmo! This featured unit is one of our A1 floor plans and is exterior facing and fitted with a large patio and exterior storage unit. All 1 bedroom units comes with 1 reserved parking spot in the gated resident parking garage. If this unit isn't the perfect fit, don't worry! The Station at St. Elmo currently has a variety of brand-new one, two & three bedrooms units

    Thomas Ingle XL Highlands Realty LLC

    Section Image
  • 4510 Terry-O Ln Unit 114, Austin, TX 78745

    $331,200

    • 1 Bed
    • 1 Bath
    • 752 Sq Ft
    • 4510 Terry-O Ln
    • Unit 114
    • Austin, TX

    Welcome to The Station at St. Elmo! Our brand-new luxury condominium community is an excellent choice for those looking for a modern, stylish living space in one of Austin’s most rapidly developing neighborhoods. The combination of contemporary design, prime location, and community-oriented amenities makes it a great option for anyone wanting to live near the heart of Austin’s urban culture while

    Thomas Ingle XL Highlands Realty LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- Independence Title
Warranty Deed -- Independence Title
Vendors Lien -- Corridor Title Llc
Vendors Lien -- Corridor Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $228,000 New Conventional
Previous Owner $184,500 New Conventional
Previous Owner $150,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold -- -- --
06/21/2024 06/21/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $285,000 0.0% $455 / Sq Ft
06/14/2024 06/14/24 Off Market -- -- --
05/26/2024 05/26/24 For Sale $285,000 +3.6% $455 / Sq Ft
03/07/2023 03/07/23 Sold -- -- --
03/02/2023 03/02/23 Pending -- -- --
02/27/2023 02/27/23 Off Market -- -- --
02/12/2023 02/12/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $275,000 +34.1% $439 / Sq Ft
07/25/2016 07/25/16 Sold -- -- --
04/25/2016 04/25/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $205,000 -- $315 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,981 $275,328 $552 $274,776
2022 $4,816 $243,842 $552 $243,290
2021 $4,506 $207,018 $552 $206,466
2020 $4,523 $210,894 $236 $210,658
2018 $4,213 $190,282 $236 $190,046
2017 $3,917 $175,654 $39,407 $136,247
2016 $3,925 $176,003 $39,407 $136,596
2015 -- $143,292 $39,407 $103,885
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1842427

Unlock MLS (Austin Board of REALTORS®)

APN: 853825