NOT LISTED FOR SALE

Estimated Value: $451,000 - $452,650

1 Bed
1 Bath
711 Sq Ft
$600/mo HOA Fee

Last Sold June 01, 2023

Current estimated payment $3,514/month

Highlights

  • Fitness Center
  • Gated Parking
  • Open Floorplan
  • Mathews Elementary School Rated A
  • Downtown View
  • 5-minute walk to Wooldridge Park

About This Home

As of June 2023

Sleek & Modern Condo in the coveted historical Brown Building on the corner of 8th & Colorado in the heart of Downtown Austin. This 10-story high-rise is on the National Registry of Historic Places, which provides a Historic Exemption (MAJOR discount on property taxes). Built starting in 1938, the building retains the original exterior, windows, terrazzo floors, and impressive lobby all done in Art Moderne style. The building was converted into lofts circa approx 2000, at which time all the important elements were modernized such as elevators, security doors and fob system, HVAC, boilers etc. This meticulously maintained unit is on the North side of the building on one of the higher floors - the highest floor of the original 1938 structure so has the original brass-handled windows and gorgeous terrazzo floors. True loft style, the unit features high exposed concrete ceilings, revealing the conduit and plumbing. The floorplan is flexible with a wide entry hallway suitable for a workspace or ample storage to be added. The spacious kitchen is open to the main living area and offers a large center island with space for breakfast bar seating and modern maple-style cabinetry. The secluded bedroom can accommodate any size bed and provides a closet behind sliding wood doors. Bathroom follows the same industrial loft style with a tile shower over tub and exposed plumbing sink, plus a storage closet. One Assigned Garage Parking Space. Google Fiber is available. HOA Fees cover water, water heater, sewer, trash, insurance on structure, and common area maintenance. Pet-friendly building. Amenities include a rooftop deck, fitness center, secured fob access, bicycle parking, and a doggie station across the street. Everything Downtown Austin is right at your doorstep! Contact the Listing Agent for more Information. Less than a mile to Lady Bird Lake, with miles of outdoor fitness trails. Units in this building don't last long, don't wait! Another unit coming soon, call for details!

Last Agent to Sell the Property

Lily Clason

Compass RE Texas, LLC License #0598908 Listed on: 05/05/2023

Compass RE Texas, LLC

Last Buyer's Agent

Lisa Munoz

Compass RE Texas, LLC License #0474023

Compass RE Texas, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,627

Year Built

  • Built in 1940

Lot Details

  • North Facing Home
  • Historic Home

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Off-Street Parking
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Synthetic Roof
  • Masonry Siding

Interior Spaces

  • 711 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • Beamed Ceilings
  • High Ceiling
  • Window Treatments
  • Storage
  • Terrazzo Flooring
  • Downtown Views

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Stepless Entry
  • Exterior Lighting

Listing and Financial Details

  • Down Payment Assistance Available
  • Tax Lot C
  • Assessor Parcel Number 02060121260000
  • 2% Total Tax Rate

Community Details

Overview

  • Association fees include common area maintenance, hot water, insurance, ground maintenance, maintenance structure, trash, water
  • Brown Building HOA
  • High-Rise Condominium
  • Brown Bldg Lofts Condo Amd Subdivision
  • Mandatory home owners association
  • The community has rules related to deed restrictions

Amenities

  • Sundeck
  • Common Area
  • Elevator
  • Service Elevator
  • Community Mailbox
  • Bike Room

Recreation

  • Fitness Center

Pet Policy

  • Pet Amenities

Security

  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,627

Year Built

Built in 1940

Lot Details

0

HOA Fees

$600 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Single level Floor Plan, Elevator
  • Restrictions: Deed Restrictions
  • Year Built: 1940
  • Additional Parcels: No
  • Direction Faces: North
  • Directions: From I-35, head west on W 8th St. Brown Building Loft Condos is located in Downtown Austin on the corner of W. 8th & Colorado. This is for Unit C on the 8th Floor. There are two free 15-minute parking spaces in front otherwise there should be metered street parking available.
  • Disclosures: Lead Base Paint Addendum, Other Disclosures, Public Improvement District, Seller Disclosure
  • Estimated Taxes: 6627.00
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Fencing: None
  • Garage Spaces: 1.00
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Guest Accommodation Description: None
  • Home Sale Contingency: No
  • Intermediary: Yes
  • Levels: One
  • Living Area: 711.00
  • Other Contingency Types: Inspection, Financing
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling-Beamed, Ceiling-High, Counter-Laminate, Electric Dryer Hookup, High Speed Internet, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Storage, Washer Hookup, See Remarks
  • Laundry Location: In Unit, Inside, Laundry Closet
  • View: City, City Lights, Downtown, Skyline, See Remarks
  • Flooring: Terrazzo
  • Num Dining: 1
  • Num Living: 1
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Exhaust Fan, Microwave, Electric Oven, Washer
  • Main Level Bedrooms: 1
  • Property Condition: Historic Design
  • Security Features: Fire Sprinkler System, Key Card Entry, Smoke Detector(s)
  • Window Features: Window Treatments, See Remarks

Beds/Baths

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

Exterior Features

  • Exterior Features: Lighting, No Exterior Steps
  • Roof: Synthetic
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Covered, Garage, Gated, Off Street
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Hot Water, Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water, See Remarks
  • Association Fee Frequency: Monthly
  • Association Fee: 600.03

Association/Amenities

  • Management Company: First Service Residential
  • Association Name: Brown Building HOA
  • Requirement: Mandatory
  • Association: Yes
  • Community Features: Bike Storage/Locker, Cluster Mailbox, Common Grounds, Controlled Access, Fitness Center, Garage Parking, Google Fiber, Pet Amenities, Sundeck, Tenant Access Cargo Elevator, Underground Utilities, See Remarks

Schools

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

Lot Info

  • Lot Features: Public Maintained Road, Views, See Remarks
  • Parcel Number: 02060121260000
  • Lot Size Acres: 0.0020
  • Lot Size Sq Ft: 87.12
  • Subdivision Name: Brown Bldg Lofts Condo Amd

Building Info

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

Tax Info

  • Tax Filled Sqft Total: 711
  • Tax Lot: C
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Annual Amount: 6627.38
  • Tax Exemptions: Historical

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 1, 2023
Sold by
Houston Xstra Llc
Bought by
Kuglen Caitlin
Seller's Agent
Lily Clason
Compass RE Texas, LLC
Buyer's Agent
Lisa Munoz
Compass RE Texas, LLC
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Views
1
Current Estimated Value
$451,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,825
Avg. Annual Appreciation
-2.27%
Original Mortgage
$360,000
Outstanding Balance
$352,262
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$76,252

Purchase Details

Closed on
Dec 15, 2007
Sold by
Mogharrebi Mehran
Bought by
Strax Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,400
Interest Rate
6.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2002
Sold by
Lbj Brown Building Lp
Bought by
Mogharrebi Mehran
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
Kuglen Caitlin -- Texas National Title
Strax Richard -- Fidelity National Title Ins
Mogharrebi Mehran -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuglen Caitlin $360,000
Closed Kugien Caitlin $360,000
Previous Owner Houston Xstra Llc $191,000
Previous Owner Strax Richard $219,250
Previous Owner Strax Richard $224,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold -- -- --
05/05/2023 05/05/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $449,000 0.0% $632 / Sq Ft
06/01/2021 06/01/21 Rented $2,000 0.0% --
05/04/2021 05/04/21 Under Contract -- -- --
04/28/2021 04/28/21 For Rent $2,000 -- --
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 $5,027 $424,472 $20,402 $404,070
2022 $4,386 $335,577 $20,402 $315,175
2021 $8,149 $374,363 $20,402 $353,961
2020 $8,043 $375,000 $20,402 $354,598
2018 $6,917 $312,406 $20,402 $292,004
2017 $7,079 $317,406 $20,402 $297,004
2016 $6,222 $279,000 $20,402 $258,598
2015 $3,981 $267,000 $19,872 $247,128
2014 $3,981 $260,687 $19,872 $240,815
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1254362

Unlock MLS (Austin Board of REALTORS®)

APN: 499348