NOT LISTED FOR SALE

Estimated Value: $460,073 - $521,000

1 Bed
1 Bath
754 Sq Ft
$581/mo HOA Fee

Last Sold June 13, 2023

Current estimated payment $3,441/month

3 Days on Market

Highlights

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

About This Home

As of June 2023

One of the Crown Jewels of the Brown Building! The best corner on the best floor. This 10-story high-rise is on the National Registry of Historic Places, which provides a Historic Exemption (MAJOR discount on property taxes; 30-70% discount!). Built in 1938, the building retains the original exterior, windows, terrazzo floors, and impressive lobby in Art Moderne style. The building was converted into lofts circa approx 2000 and all the important elements have been modernized. This beautifully updated and meticulously cared-for corner unit features a fully remodeled kitchen with custom Schrock handcrafted cabinetry, granite counters, and SS appliances. Striking limestone entry & bedroom walls. True loft style, the unit features high exposed concrete ceilings, revealing the conduit and plumbing. Four huge windows provide spectacular NE views, which overlook low historic buildings (hopefully protected views) and the top of the Capitol. Blackout & light filtering shades on all windows. Breathtaking custom hardwood & glass bedroom wall partition with sliding door. Matching wood baseboard & crown molding throughout the unit as well. Minka Aire ceiling fan in bedroom and extensive built in lighting. Updated, custom doors for the laundry & bedroom closets, plus built-in storage. The tastefully updated bathroom features colorful mosaic shower and wall tile, raised showerhead, and added storage. One Assigned Garage Parking Space included, additional spots may be rented. Google Fiber is available. HOA Fees cover water, water heater, sewer, trash, and parking. 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! 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! Schedule a showing today.

Last Agent to Sell the Property

Lily Clason

Compass RE Texas, LLC License #0598908 Listed on: 05/08/2023

Compass RE Texas, LLC

Last Buyer's Agent

Brittany States

Bray Real Estate Group LLC License #0781592

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1940

Lot Details

  • Northeast Facing Home
  • Historic Home

HOA Fees

  • $581 Monthly HOA Fees

Parking

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

Property Views

  • Panoramic
  • Downtown

Home Design

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

Interior Spaces

  • 754 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Window Treatments
  • Entrance Foyer
  • Storage
  • Terrazzo Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Washer and Dryer

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 D
  • Assessor Parcel Number 02060121350000
  • 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

  • Controlled Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,698

Year Built

Built in 1940

Lot Details

0

HOA Fees

$581 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Unit Style: High Rise (8-13 Stories), Elevator
  • Restrictions: Deed Restrictions
  • Year Built: 1940
  • Additional Parcels: No
  • Direction Faces: NE
  • 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 D on the 8th Floor. See access code for building code. 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: 2500.00
  • 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: 754.00
  • Other Contingency Types: Financing
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Ceiling-Beamed, Ceiling-High, Counter-Granite, Electric Dryer Hookup, Entrance Foyer, High Speed Internet, Kitchen Island, Open Floorplan, Primary Bedroom on Main, Storage, Track Lighting, Washer Hookup, See Remarks
  • Laundry Location: In Unit, Laundry Closet
  • View: City, City Lights, Downtown, Panoramic, 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, Refrigerator, Stainless Steel Appliance(s), Washer, Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Historic Design
  • Security Features: 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
  • Water Body Name: Lady Bird Lake
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1.00
  • Parking Features: Assigned, Attached, 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: 580.93

Association/Amenities

  • 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: 02060121350000
  • Lot Size Acres: 0.0021
  • Lot Size Sq Ft: 91.48
  • Subdivision Name: Brown Bldg Lofts Condo Amd

Building Info

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

Tax Info

  • Tax Filled Sqft Total: 754
  • Tax Lot: D
  • Tax Rate: 1.97490000000000
  • Tax Year: 2022
  • Tax Annual Amount: 4698.00
  • Tax Exemptions: Historical, Homestead, See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 11, 2023
Sold by
Strax Richard
Bought by
Matos Ricardo Jose Rivera
Seller's Agent
Lily Clason
Compass RE Texas, LLC
Buyer's Agent
Brittany States
Bray Real Estate Group LLC
List Price
$549,000
Sold Price
$549,000
Views
16
Current Estimated Value
$490,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,463
Avg. Annual Appreciation
-5.72%
Original Mortgage
$494,100
Outstanding Balance
$483,480
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$2,819

Purchase Details

Listed on
Jun 22, 2013
Closed on
Jul 25, 2013
Sold by
Fretz Robert R
Bought by
Strax Richard and Strax Barbara
Seller's Agent
Don Sembera
Moreland Properties
List Price
$324,800
Sold Price
$334,000
Premium/Discount to List
$9,200
2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Feb 9, 2001
Sold by
Lbj Brown Building Lp
Bought by
Fretz Robert R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,800
Interest Rate
6.77%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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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
Matos Ricardo Jose Rivera -- Texas National Title
Strax Richard -- First American Title
Fretz Robert R -- Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matos Ricardo Jose Rivera $494,100
Previous Owner Fretz Robert R $0
Previous Owner Fretz Robert R $216,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold -- -- --
05/11/2023 05/11/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $549,000 +69.0% $728 / Sq Ft
07/29/2013 07/29/13 Sold -- -- --
06/25/2013 06/25/13 Pending -- -- --
06/22/2013 06/22/13 For Sale $324,800 -- $431 / 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 $1,971 $454,837 $21,490 $433,347
2022 $7,101 $359,540 $21,490 $338,050
2021 $8,589 $394,587 $21,490 $373,097
2020 $8,352 $389,400 $21,490 $367,910
2018 $6,919 $312,531 $21,490 $291,041
2017 $7,350 $329,594 $21,490 $308,104
2016 $6,534 $293,000 $21,490 $271,510
2015 $4,271 $273,908 $20,932 $252,976
2014 $4,271 $279,727 $20,932 $258,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 2884242

Unlock MLS (Austin Board of REALTORS®)

APN: 499357