NOT LISTED FOR SALE

Estimated Value: $713,000

2 Beds
2 Baths
1,287 Sq Ft
$837/mo HOA Fee

Last Sold November 10, 2023

Current estimated payment $5,500/month

195 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Rooftop Deck
  • Mathews Elementary School Rated A
  • 24-Hour Security
  • 5-minute walk to Wooldridge Park

About This Home

As of November 2023

Huge Price Reduction! Located in the iconic Brown Building, one of the most architecturally significant buildings in downtown Austin, Texas. Built in 1938, the Brown Building is a stunning example of Art Deco style, featuring clean lines, bold geometric shapes, and decorative motifs that pay homage to the machine age.

Upon entering this 2-bedroom, 2-bathroom unit, you will be struck by the elegant blend of vintage charm and modern convenience. With high ceilings, and large windows that flood the space with natural light there are breathtaking views of the Austin skyline. The spacious living room is perfect for entertaining guests. The kitchen is equipped with stainless steel appliances. The master bedroom features a luxurious en-suite bathroom and a walk-in closet, while the second bedroom is perfect for guests or as a home office.

The Brown Building offers a range of amenities to make your living experience as comfortable and convenient as possible. Residents can enjoy a state-of-the-art fitness center, a stunning rooftop deck with panoramic views of the city, and a concierge service.

Located in the heart of downtown Austin, this unit offers easy access to a wealth of local amenities. Take a stroll through the vibrant entertainment district, which is home to some of the city's best restaurants, bars, and music venues. Explore the many museums and galleries that showcase Austin's rich cultural heritage, including the Texas State Capitol and the Bullock Texas State History Museum. For those who enjoy the outdoors, Zilker Park and Lady Bird Lake are just a short distance away, offering miles of hiking and biking trails, kayaking, and paddleboarding.

In summary, This is a rare opportunity to own a piece of Austin history while enjoying all the modern conveniences and amenities that downtown living has to offer. With its stunning views, exceptional location, and unparalleled amenities, LOW PROPERTY TAXES, this unit is truly one-of-a-kind.

Last Listed By

Steve Johnson

Realty Pros of Austin Brokerage Phone: (512) 401-3330 License #0544980 Listed on: 03/10/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,155

Year Built

  • Built in 1940

Lot Details

  • West Facing Home
  • Historic Home
  • Property is in good condition

HOA Fees

  • $837 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Additional Parking

Property Views

  • Downtown
  • Hills

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,287 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Historic or Period Millwork
  • Ceiling Fan
  • Aluminum Window Frames
  • Marble Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Home Security

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include onsite recycling center

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 02060121890000

Community Details

Overview

  • Association fees include security
  • Brown Building HOA
  • Brown Bldg Lofts Condo Amd Subdivision

Amenities

  • Concierge
  • Rooftop Deck
  • Package Room

Recreation

  • Fitness Center

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,155

Year Built

Built in 1940

Lot Details

0

HOA Fees

$837 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1940
  • Additional Parcels: No
  • Direction Faces: West
  • Directions: Take Colorado to 7th st. Building is on the West side between 7th and 8th. Find Street parking, see lockbox location. Tax Bill Attached.
  • Disclosures: Lead Base Paint Addendum, Seller Disclosure
  • Fencing: None
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: Onsite Recycling Center
  • Levels: One and One Half
  • Living Area: 1287
  • Other Structures: Garage(s), None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 401-3330
  • Attribution Contact: (512) 401-3330
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 8155.26
  • FEMA Flood Plain: No
  • Restrictions: Deed Restrictions
  • Tax Exemptions: Historical,Homestead
  • Unit Style: High Rise (8-13 Stories)
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan
  • View: City Lights, Downtown, Hill Country
  • Flooring: Marble
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Washer/Dryer
  • Main Level Bedrooms: 1
  • Property Condition: Historic Design, Good
  • Security Features: 24 Hour Security, Building Security, Fire Alarm
  • Window Features: Aluminum Frames
  • ResoLivingAreaSource: PublicRecords
  • Laundry Location: In Hall
  • Num Dining: 1
  • Num Living: 1
  • Num Other Level Beds: 1

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Restricted Access, See Remarks
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: See Remarks
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Additional Parking, Garage, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Connected, High Speed Internet, Sewer Connected
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Security
  • Association Fee Frequency: Monthly
  • Association Fee: 836.59

Association/Amenities

  • Association Name: Brown Building HOA
  • Association: Yes
  • Community Features: Concierge, Fitness Center, Package Service, Rooftop Lounge

Schools

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

Lot Info

  • Lot Features: Alley, Views
  • Parcel Number: 02060121890000
  • Lot Size Acres: 0.0036
  • Lot Size Sq Ft: 156.82
  • Subdivision Name: Brown Bldg Lofts Condo Amd

Building Info

  • Construction Materials: Brick
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8155.26
  • Tax Map Number: J
  • Tax Filled Sqft Total: 1287
  • Tax Rate: 1.97500000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Nov 8, 2023
Sold by
Hydehousez Llc
Bought by
Calder Benjamin William
Seller's Agent
Steve Johnson
Realty Pros of Austin
Buyer's Agent
Dave Van Heuven
van Heuven Properties
List Price
$749,900
Sold Price
$575,000
Premium/Discount to List
-$174,900
-23.32%
Total Days on Market
195
Views
66
Current Estimated Value
$713,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,000
Avg. Annual Appreciation
15.31%
Original Mortgage
$488,750
Outstanding Balance
$482,023
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$230,977

Purchase Details

Closed on
Feb 9, 2016
Sold by
Hendrickse Nhaila Rhiannon Jahanara
Bought by
Lavinghousez Preston Dwight

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2014
Sold by
Lathrop John D and Lathrop Vanna R
Bought by
Lavinghousez Preston and Hendrickse Nhaila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 2, 2009
Sold by
Lathrop Richard E
Bought by
Lathrop John D and Lathrop Vanna R

Purchase Details

Closed on
Jan 20, 2005
Sold by
Riva Marie S
Bought by
Lathrop Richard E

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
Calder Benjamin William -- Independence Title
Lavinghousez Preston Dwight -- Attorney
Lavinghousez Preston -- None Available
Lathrop John D -- None Available
Lathrop Richard E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calder Benjamin William $488,750
Previous Owner Lavinghousez Preston Dwight $250,000
Previous Owner Lavinghousez Preston $250,000
Previous Owner Lathrop John D $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold -- -- --
09/21/2023 09/21/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $599,000 -7.8% $465 / Sq Ft
08/09/2023 08/09/23 Price Changed $649,900 -7.0% $505 / Sq Ft
05/10/2023 05/10/23 Price Changed $699,100 0.0% $543 / Sq Ft
05/05/2023 05/05/23 Price Changed $699,000 -2.9% $543 / Sq Ft
04/29/2023 04/29/23 Price Changed $720,000 -0.7% $559 / Sq Ft
04/16/2023 04/16/23 Price Changed $724,900 0.0% $563 / Sq Ft
03/28/2023 03/28/23 Price Changed $725,000 -3.3% $563 / Sq Ft
03/10/2023 03/10/23 For Sale $749,900 0.0% $583 / Sq Ft
08/10/2021 08/10/21 Rented $2,350 0.0% --
08/05/2021 08/05/21 Under Contract -- -- --
08/03/2021 08/03/21 For Rent $2,350 +6.8% --
09/20/2019 09/20/19 Rented $2,200 0.0% --
09/09/2019 09/09/19 Under Contract -- -- --
08/30/2019 08/30/19 Price Changed $2,200 -12.0% $2 / Sq Ft
08/14/2019 08/14/19 Price Changed $2,499 -3.9% $2 / Sq Ft
08/02/2019 08/02/19 Price Changed $2,600 -3.7% $2 / Sq Ft
07/23/2019 07/23/19 Price Changed $2,700 -6.9% $2 / Sq Ft
07/12/2019 07/12/19 For Rent $2,900 -- --
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 $8,518 $718,684 $36,724 $681,960
2022 $12,277 $621,668 $36,724 $584,944
2021 $12,906 $592,944 $36,724 $556,220
2020 $12,054 $562,000 $36,724 $525,276
2018 $10,007 $452,000 $36,724 $415,276
2017 $10,615 $476,000 $36,724 $439,276
2016 $10,303 $462,000 $36,724 $425,276
2015 $1,469 $426,796 $35,771 $391,025
2014 $1,469 $394,181 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1049342

Unlock MLS (Austin Board of REALTORS®)

APN: 499411