The Shore Condominiums 603 Davis St Unit 1504 Austin, TX 78701
Rainey Street Historic District NeighborhoodEstimated Value: $609,414 - $623,000
2
Beds
2
Baths
1,252
Sq Ft
$770/mo
HOA Fee
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 2024Priced 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
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
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
Sold Price
$618,000
Premium/Discount to List
$19,000
3.17%
Total Days on Market
37
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,793
Avg. Annual Appreciation
-3.89%
Original Mortgage
$463,500
Outstanding Balance
$460,877
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$142,123
Purchase Details
Closed on
Jul 10, 2009
Sold by
High Street Rainey Lp
Bought by
Buford R C and Buford Beth
Similar Homes in Austin, TX
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Home Values in the Area
Average Home Value in this Area
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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
S
Seller's Agent in 2024
Samantha Reesing
Twelve Rivers Realty
(512) 619-9423
-
Rosalind Ochoa
Buyer's Agent in 2024
Rosalind Ochoa
Compass RE Texas, LLC.
(512) 589-0314
1 in this area
80 Total Sales
About The Shore Condominiums
Map
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 3525308
APN: 726122
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