NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $2,527,000

2 Beds
2 Baths
1,918 Sq Ft
2008 Built

Last Sold December 01, 2021

Current estimated payment $14,468/month

Highlights

  • 24-Hour Security
  • In Ground Pool
  • Wood Flooring
  • Mathews Elementary School Rated A
  • Lake View
  • Corner Lot

About This Home

As of March 2023

Fully furnished spacious 2BR/2BA residence in the highly desired NW corner of the Austonian available for lease, January 1, 2023 with $10,000/month. The Austonian, an exclusive and world-class community located in the heart of downtown Austin with Austin’s finest restaurants and entertainment within walking distance. Amenities at the Austonian are unbeatable and include: 24/7 Concierge, Valet Parking, 75-Foot Saltwater Lap Pool, Saltwater Spa, Luxury Cabanas, two Outdoor Kitchens, Outdoor Fireplace, Cardio & Strength Fitness Center with Peloton Bikes, Yoga & Pilates Studio, Billiard and Game Room, Private Spa & Treatment Rooms, Dog Park & Indoor Pet Grooming Room, Library, Movie Theater, 12-person Conference Room, Austonian Club Event Floor, Wine Cellar, Guest Suites, Dry Cleaning & Laundry Service, Housekeeping Services. In addition to the Austonian’s world-class services and amenities, 40E also conveys with two parking spaces and storage unit. Location is extraordinary – with breath taking views and coveted centrality. Kitchen features Miele range, K20 dishwasher, built-in coffee maker, large pantry and wine cooler. It includes reinforced, double soundproofed windows and fully soundproof walls in the primary bedroom, storage built-ins, two built-in Subzero wine coolers, automatic blinds and remotes. Security deposit payable upon lease approval. All rent payable in advance prior to occupancy. Pets’ negotiable with breed and size restrictions. 12-24 month lease. 24 Hour Advance Showing Notice.

Last Agent to Rent the Property

Madan Mohan

OSMRealEstate License #0515172 Listed on: 10/25/2022

Last Renter's Agent

Nina Seely

Legends Real Estate LLC License #0702422

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Parking

  • 2 Car Garage
  • Reserved Parking

Property Views

  • Hills

Home Design

  • Slab Foundation

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Bookcases
  • High Ceiling

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Northwest Facing Home

Listing and Financial Details

  • Security Deposit $20,000
  • No Smoking Allowed
  • 12 Month Lease Term
  • $75 Application Fee
  • Tax Lot 40E
  • Assessor Parcel Number 02050113590000

Community Details

Overview

  • 163 Units
  • High-Rise Condominium
  • The Austonian Community
  • Austonian Condo Community Subdivision

Pet Policy

  • Pet Size Limit
  • Pet Deposit $500
  • 2 Pets Allowed

Security

  • 24-Hour Security

Condo Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

Parking

2

Rental Info

  • App Deposit Payable To: Owner
  • App Fee Payable To: Listing Agent
  • Application Fee: 75
  • Application Policy: Best Qualified Application
  • Application Required: See Attached
  • First Month Rent Payable To: Owner
  • Furnished: Furnished
  • Max Numof Pets: 2
  • Pet Deposit: 500
  • Security Deposit: 20000
  • Tenant Pays: None
  • Per Person: Yes
  • Per Pet: Yes
  • Pets Allowed: Size Limit
  • Renters Insurance Required: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Unit Style: Tower (14+ Stories)
  • Year Built: 2008
  • Certified Funds: Yes
  • Direction Faces: NW
  • Directions: Directions: The Austonian is located at the corner of Congress Avenue and Second Street. The lobby entrance and valet are located on the North side of Second Street.
  • Disclosures: None
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 2.00
  • Green Energy Efficient: Appliances, HVAC, Windows
  • Green Sustainability: None
  • Housing Vouchers: No
  • Intermediary: No
  • Lease Guarantor: Yes
  • Lease Term: 12 Months
  • Levels: One
  • Living Area: 1918.00
  • Complex Name: The Austonian
  • Monthly Pet Rent Per Pet: No
  • Move In Special: No
  • On Site Compliance: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Bookcases, Built-in Features, Ceiling-High, Double Vanity, High Speed Internet, No Interior Steps, Pantry, Primary Bedroom on Main, Walk-In Closet(s), See Remarks
  • Laundry Location: Laundry Room
  • View: City, City Lights, Downtown, Hill Country, Lake, See Remarks
  • Flooring: Tile, Wood
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Cooktop Gas, Microwave, Free-Standing Gas Range, Refrigerator, Washer/Dryer, Wine Refrigerator
  • Appliances Maintained: Dishwasher, Disposal, Dryer, Microwave Oven, Range/Oven/Stove, Refrigerator, Washer
  • Main Level Bedrooms: 2
  • Security Features: 24 Hour Security
  • Smoking Inside: No
  • Window Features: See Remarks

Beds/Baths

  • Full Bathrooms: 2
  • Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: In Ground
  • Private Pool: Yes
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2.00
  • Parking Features: Reserved, See Remarks
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer, See Remarks
  • Utilities: Electricity Available, Natural Gas Available
  • Heating: Central
  • Meter Description: See Remarks
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • Managed By: Owner

Association/Amenities

  • Community Features: See Remarks

Schools

  • School District: Austin ISD
  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry

Lot Info

  • Lot Features: Corner Lot, Views, See Remarks
  • Parcel Number: 02050113590000
  • Lot Size Acres: 0.0030
  • Lot Size Sq Ft: 130.68
  • Subdivision Name: Austonian Condo Community

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Multi Family

  • Number Of Units Total: 163

Tax Info

  • Tax Lot: 40E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2021
Closed on
Nov 30, 2021
Sold by
Blue Adam David and Blue Alexa Celeste
Bought by
Mohan Sanjeev
Seller's Agent
Trey Phillips
Moreland Properties
Buyer's Agent
Madan Mohan
OSMRealEstate
List Price
$2,450,000
Current Estimated Value
$1,989,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.53%
Original Mortgage
$1,593,750
Outstanding Balance
$1,450,244
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$538,761

Purchase Details

Listed on
Feb 13, 2019
Closed on
Mar 20, 2019
Sold by
Davis John Robert
Bought by
Blue Adam David and Blue Alexa Celeste
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Jake Joseph
Compass RE Texas, LLC
List Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%

Purchase Details

Listed on
Jan 25, 2016
Closed on
Jan 26, 2017
Sold by
Jacobs Andrew F and Jacobs Karen C
Bought by
Davis John Robert
Seller's Agent
Eric Moreland
Moreland Properties
Buyer's Agent
Non Member
Non Member
List Price
$2,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$1,285,000
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2010
Sold by
Second Congress Ltd
Bought by
Jacobs Andrew F and Jacobs Karen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
4.69%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mohan Sanjeev -- None Listed On Document
Blue Adam David -- None Available
Davis John Robert -- None Available
Jacobs Andrew F -- Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohan Sanjeev $1,593,750
Previous Owner Davis John Robert $1,285,000
Previous Owner Jacobs Andrew F $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2023 03/29/23 Rented $10,000 0.0% --
03/28/2023 03/28/23 Under Contract -- -- --
10/25/2022 10/25/22 For Rent $10,000 0.0% --
12/01/2021 12/01/21 Sold -- -- -- View Prior Sale
10/21/2021 10/21/21 Pending -- -- --
08/16/2021 08/16/21 For Sale $2,450,000 +14.0% $1,277 / Sq Ft
03/20/2019 03/20/19 Sold -- -- -- View Prior Sale
03/13/2019 03/13/19 Pending -- -- --
02/13/2019 02/13/19 For Sale $2,150,000 +2.6% $1,121 / Sq Ft
01/26/2017 01/26/17 Sold -- -- -- View Prior Sale
12/20/2016 12/20/16 Pending -- -- --
05/26/2016 05/26/16 Price Changed $2,095,000 -4.6% $1,092 / Sq Ft
01/25/2016 01/25/16 For Sale $2,195,000 -- $1,144 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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
2025 $49,430 $2,332,540 $79,146 $2,253,394
2023 $47,922 $2,632,430 $79,146 $2,553,284
2022 $42,806 $2,167,500 $55,402 $2,112,098
2021 $42,791 $1,965,900 $55,403 $1,910,497
2020 $43,863 $2,045,000 $55,403 $1,989,597
2018 $44,500 $2,009,962 $36,408 $1,973,554
2017 $42,112 $1,888,295 $36,408 $1,851,887
2016 $39,830 $1,786,000 $31,659 $1,754,341
2015 $36,127 $1,929,000 $30,836 $1,898,164
2014 $36,127 $1,518,059 $30,836 $1,487,223
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1215124

Unlock MLS (Austin Board of REALTORS®)

APN: 761393

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