NOT LISTED FOR SALE

Estimated Value: $593,000 - $683,000

2 Beds
2 Baths
1,252 Sq Ft
$770/mo HOA Fee

Last Sold October 15, 2024

Current estimated payment $5,165/month

37 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • 5-minute walk to Sir Swante Palm Park

About This Home

As of October 2024

Priced to sell at $599,000, this fabulous 2-bedroom, 2-bathroom condo located on the 15th floor of The Shore offers the lowest price per square foot on the market in the building, making it a rare investment opportunity. With a spacious 1,252 SQ FT floor plan, this home features ample natural lighting, generously sized bedrooms, large closets, a roomy living area, two full baths with walk-in showers, a large bathtub in the main bathroom, and a wrap-around balcony. Built in 2006, the condo boasts spacious and quality construction that is hard to find in newer buildings.

The Shore condominium building boasts an almost perfect score on Google reviews with a 4.9-star rating. This rating is in large part due to its very friendly and helpful 24/7 concierge, cleanliness, security, and range of amenities including a pool and gym. The location provides convenient access to the Town Lake Hike and Bike Trail and is a five-minute drive (or 15-minute walk) to Whole Foods and Target. It is also near the famous bars and restaurants of the Rainey Street Historic District. Lastly, The Shore has a very secure entrance and garage parking, adding to the convenience of this home.

Investors will appreciate the relaxed leasing restrictions since there are no restrictions on the number of leases in the building as long as lease terms are a minimum of one year. The future owner of unit 1504 can also enjoy the potential increased real estate value upon the completion of Rainey Street construction, which is currently depressing the market and home values in the area.

Don’t miss out on this condo that is sure to sell fast!

Last Agent to Sell the Property

Samantha Reesing

Twelve Rivers Realty Brokerage Phone: (512) 619-9423 License #0791711 Listed on: 07/27/2024

Twelve Rivers Realty

Last Buyer's Agent

Rosalind Ochoa

Compass RE Texas, LLC. License #0729331

Compass RE Texas, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,875

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • West Facing Home
  • Property is in average condition

HOA Fees

  • $770 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gated Parking
  • Secured Garage or Parking
  • Community Parking Structure

Property Views

  • Bridge

Home Design

  • Slab Foundation
  • Concrete Roof
  • Masonry Siding

Interior Spaces

  • 1,252 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • High Ceiling
  • Ceiling Fan
  • Aluminum Window Frames
  • Solar Screens
  • Storage Room
  • Washer Hookup

Kitchen

  • Breakfast Bar
  • Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub
  • Walk-in Shower

Outdoor Features

  • Wrap Around Porch
  • Patio
  • Outdoor Grill

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02030316300000

Community Details

Overview

  • Association fees include common area maintenance
  • The Shore Association
  • Shore A Condo Amd The Subdivision

Amenities

  • Concierge
  • Sundeck
  • Community Barbecue Grill

Recreation

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,875

Year Built

Built in 2006

Lot Details

0

HOA Fees

$770 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2006
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: The Shore is located behind the Van Zandt Hotel on Rainey Street. Going East on Ceasar Chavez, turn right on Red River. Go past the stop sign at the end of the street and continue past the right of the Van Zandt Hotel. The Shore is located on the left.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1252
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 619-9423
  • Attribution Contact: (512) 619-9423
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 11875.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: Tower (14+ Stories),Single level Floor Plan
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, High Ceilings, Granite Counters, Pantry, Primary Bedroom on Main, Soaking Tub, Walk-In Closet(s), Washer Hookup, Wired for Sound
  • View: Bridge(s), Downtown, River, Water
  • Flooring: Carpet, Wood
  • Accessibility Features: None
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Average
  • Security Features: 24 Hour Security, Building Security, Secured Garage/Parking
  • Window Features: Aluminum Frames, Solar Screens
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Hall
  • Num Dining: 1
  • Num Living: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Grill
  • Roof: Concrete
  • Foundation: Slab
  • Patio And Porch Features: Covered, Patio, Porch, Wrap Around
  • Pool Features: None
  • Private Pool: No
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, High Speed Internet, Phone Available, Sewer Connected, Water Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance
  • Association Fee Frequency: Monthly
  • Association Fee: 770.04
  • Association #2 Fee: 250

Association/Amenities

  • Association Name: The Shore
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Concierge, Fitness Center, Garage Parking, Pool, Property Manager On-Site, Sundeck

Schools

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

Lot Info

  • Lot Features: None
  • Parcel Number: 02030316300000
  • Lot Size Acres: 0.0054
  • Lot Size Sq Ft: 235.22
  • Subdivision Name: Shore A Condo Amd The

Building Info

  • Construction Materials: Masonry – All Sides
  • New Construction: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11874.79
  • Tax Map Number: 1504
  • Tax Filled Sqft Total: 1252
  • Tax Rate: 1.80920000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2024
Closed on
Oct 15, 2024
Sold by
Buford R C R and Buford Beth
Bought by
Dearing Drew P
Seller's Agent
Samantha Reesing
Twelve Rivers Realty
Buyer's Agent
Rosalind Ochoa
Compass RE Texas, LLC.
List Price
$599,000
Views
16
Current Estimated Value
$628,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.75%
Original Mortgage
$463,500
Outstanding Balance
$458,627
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$170,206

Purchase Details

Closed on
Jul 10, 2009
Sold by
High Street Rainey Lp
Bought by
Buford R C and Buford Beth
Source: Public Records

Range of Values:

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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
Dearing Drew P -- Independence Title Company
Buford R C -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dearing Drew P $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold -- -- --
07/27/2024 07/27/24 For Sale $599,000 -- $478 / 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
2025 $12,735 $612,323 $136,377 $475,946
2023 $14,598 $791,944 $136,377 $655,567
2022 $14,168 $717,386 $136,377 $581,009
2021 $13,487 $619,612 $109,101 $510,511
2020 $13,728 $640,060 $62,734 $577,326
2018 $13,783 $622,546 $62,734 $559,812
2017 $14,264 $639,599 $62,734 $576,865
2016 $13,149 $589,584 $54,551 $535,033
2015 $12,409 $575,146 $53,134 $522,012
2014 $12,409 $521,409 $53,134 $468,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3525308

Unlock MLS (Austin Board of REALTORS®)

APN: 726122