$1,525,000
SOLD JUN 25, 2024
Last list price
2 Beds
2 Baths
1,325 Sq Ft
$941/mo HOA Fee

Recently Sold

$1,151 Per Sq Ft

102 Days on Market

Highlights

  • Concierge
  • Water Views
  • 24-Hour Security
  • Mathews Elementary School Rated A
  • Fitness Center
  • 4-minute walk to Ann and Roy Butler Hike and Bike Trail

About This Home

As of June 2024

Discover urban luxury living at residence #2805 located within The Independent, Austin's premier address. This 2 bed / 2 bath + study residence is situated within the sought after SE corner featuring excellent views of the downtown skyline, Lady Bird Lake and the Texas State Capitol. The gourmet kitchen outfitted with Bosch appliances provides ample seating at the waterfall edge island which leads to the generous living space. The dramatic dining room gives the elevated experience of projecting out to overlook the lake, and without any western exposures, the south facing private balcony may be enjoyed throughout the day and into the evening. The primary suite features skyline & Capitol views, a large ensuite primary bathroom adorned with marble tiling, floating vanities, back lit mirrors, and a large walk in shower. This residence features floor to ceiling windows, spacious private patio, and motorized solar shades. The study features a custom glass wrap-around desk that takes full advantage of the stunning views from the workspace. The Independent boasts 20,000 SF of amenity spaces spanning two full floors offering a heated infinity edge pool, outdoor terrace with grills, owner’s lounge, three guest suites, fitness center, yoga studio, two conference rooms, dog park + wash station, children’s playroom, movie theatre and 24/7 concierge. As a resident of one of the most prime locations within Downtown Austin, walk to Trader Joes, Whole Foods, and countless restaurants, bars and shops. This residence includes 2 reserved parking spaces in a prime garage location accompanied by an Urban Storage Unit for additional storage.

Last Agent to Sell the Property

Casey Legg

Urbanspace Brokerage Phone: (512) 457-8884 License #0491354 Listed on: 01/17/2024

Urbanspace

Co-Listed By

Camden McBride

Urbanspace Brokerage Phone: (512) 457-8884 License #0787316

Last Buyer's Agent

Meredith Alderson

eXp Realty, LLC License #0663159

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,507

Year Built

  • Built in 2018

Lot Details

  • Southeast Facing Home
  • Property is in good condition

HOA Fees

  • $941 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking
  • Community Parking Structure

Property Views

  • Water

Home Design

  • Slab Foundation
  • Concrete Roof
  • Concrete Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Recessed Lighting
  • Window Treatments
  • Solar Screens
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Built-In Refrigerator
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Double Vanity
  • Walk-in Shower

Home Security

  • Smart Home
  • Smart Thermostat

Outdoor Features

  • Covered patio or porch

Location

  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 01070038620000

Community Details

Overview

  • Association fees include common area maintenance, insurance, ground maintenance, maintenance structure, sewer, trash
  • Independent Condos Association
  • Built by Balfour Beatty
  • Independent Condos Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Common Area
  • Game Room
  • Community Kitchen
  • Business Center
  • Package Room
  • Community Mailbox

Recreation

  • Dog Park
  • Trails

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,507

Year Built

Built in 2018

Lot Details

0

HOA Fees

$941 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2018
  • Additional Parcels: No
  • Direction Faces: Southeast
  • Directions: The Independent is located on the northwest corner of 3rd Street and West Avenue. Access is from the west via Cesar Chavez St. or 5th Street as 3rd Street dead ends into Shoal Creek.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1325
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT2485
  • Co List Office Phone: (512) 457-8884
  • Attribution Contact: (512) 457-8884
  • Attribution Contact: (512) 457-8884
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 18507.00
  • FEMA Flood Plain: No
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead
  • Unit Style: High Rise (8-13 Stories)
  • Special Features: None

Interior Features

  • Interior Amenities: Vaulted Ceiling(s), Stone Counters, Primary Bedroom on Main, Recessed Lighting, Smart Home, Smart Thermostat
  • View: City, Downtown, Water
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Built-In Refrigerator, Cooktop, Dishwasher, Disposal, Gas Cooktop, Microwave, Vented Exhaust Fan, Washer/Dryer
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Good
  • Security Features: 24 Hour Security, Building Security
  • Window Features: Solar Screens, Window Treatments
  • ResoLivingAreaSource: Builder
  • Laundry Location: In Unit
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Concrete
  • Builder Name: Balfour Beatty
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Deeded, Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Trash
  • Association Fee Frequency: Monthly
  • Association Fee: 940.75
  • Association #2 Fee: 250

Association/Amenities

  • Association Name: Independent Condos
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Business Center, Cluster Mailbox, Common Grounds, Concierge, Controlled Access, Dog Park, Fitness Center, Game/Rec Rm, Garage Parking, Kitchen Facilities, Package Service, Pool, Trail(s)

Schools

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

Lot Info

  • Lot Features: City Lot
  • Parcel Number: 01070038620000
  • Lot Size Acres: 0.005
  • Lot Size Sq Ft: 217.8
  • Subdivision Name: Independent Condos

Building Info

  • Construction Materials: Concrete
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Map Number: 2805
  • Tax Filled Sqft Total: 1292
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Jun 20, 2024
Sold by
Pierson Tom Linwood and Pierson Dana D
Bought by
K & A Bhalla Family Lp
Seller's Agent
Casey Legg
Urbanspace
Buyer's Agent
Meredith Alderson
eXp Realty, LLC
List Price
$1,525,000
Sold Price
$1,512,500
Premium/Discount to List
-$12,500
-0.82%
Views
27
Current Estimated Value
$1,469,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,713
Avg. Annual Appreciation
-3.82%

Purchase Details

Listed on
Jan 22, 2021
Closed on
May 3, 2021
Sold by
Tippens Darryl L and Tippens Anne H
Bought by
Pierson Tom Linwood and Pierson Dana D
Seller's Agent
Matt Easterling
Kuper Sotheby's Int'l Realty
Buyer's Agent
Elizabeth Adams
Urbanspace
List Price
$1,295,000
Sold Price
$1,265,000
Premium/Discount to List
-$30,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$948,750
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2020
Sold by
Tippens Jeffrey M
Bought by
Tippens Darryl L and Tippens Anne H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$734,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed -- Independence Title
Vendors Lien -- Heritage Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $948,750 New Conventional
Previous Owner $734,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2024 06/25/24 Sold -- -- --
01/17/2024 01/17/24 For Sale $1,525,000 +17.8% $1,151 / Sq Ft
05/03/2021 05/03/21 Sold -- -- --
03/14/2021 03/14/21 Pending -- -- --
01/22/2021 01/22/21 For Sale $1,295,000 -- $977 / 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 $18,507 $997,502 $52,538 $944,964
2022 $19,700 $997,502 $52,538 $944,964
2021 $20,678 $950,002 $52,537 $897,465
2020 $20,330 $947,848 $52,537 $895,311
2019 $4,998 $227,525 $42,030 $185,495
2018 $1,354 $61,148 $37,595 $23,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5588281

Unlock MLS (Austin Board of REALTORS®)

APN: 901151