NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,108,359

2 Beds
2 Baths
1,907 Sq Ft
$1,764/mo HOA Fee

Last Sold March 28, 2024

Current estimated payment $9,486/month

136 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Home fronts a creek
  • Mathews Elementary School Rated A
  • In Ground Spa
  • Gated Parking

About This Home

As of March 2024

Welcome to Austin City Lofts, a boutique building in Downtown Austin tucked in a corner of Austin where you can enjoy both the buzz of the City and the calm of nature. Once you enter the Loft you are engaged with the possibilities that only a Loft can provide: high ceilings, open concept that can easily be divided or opened up, an entry niche that can be converted to another closet and a laundry room big enough to store bikes and paddle boards. The kitchen is the most recently updated with custom walnut cabinetry, gas cooking, Italian Soapstone Counters, and a center island with wine refrigerator and Calcutta Marble. View trees, birds, and the sunset every evening from your balcony just off the living room. The primary bedroom provides a restful sanctuary from the World with a view of the tree canopy. You will also enjoy the custom, walk-in California Closet and the soaking tub, dual vanity and walk-in shower in the ensuite primary bathroom. For those who favor privacy, the condo shares no side walls with neighbors, and only two units exist on the third floor. In addition, the two parking spaces are accessible just outside the unit via a backdoor that connects the garage to the primary bedroom. For those days when you just do not want to interact with neighbors, we present the perfect Downtown situation. And for the times you do want to be sociable, the common areas include a pool, spa, covered common patio and grilling area. Walk to gyms, world class restaurants, bars, coffee shops, the hike and bike trail, Lady Bird Lake, and Trader Joe's and Whole Foods. What's included in the HOA: water, sewer, trash, common building insurance, gas, maintenance, & 24 hour concierge. Seller is willing to place up to $48,000 in escrow for future Special Assessment, (inquire for details).

Last Agent to Sell the Property

Charles Runnels

Compass RE Texas, LLC Brokerage Phone: (512) 241-1300 License #0597494 Listed on: 10/27/2023

Compass RE Texas, LLC

Last Buyer's Agent

Brandon Holley

Holley Homes Realty License #0665512

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,927

Year Built

  • Built in 2003

Lot Details

  • Home fronts a creek
  • Adjacent to Greenbelt
  • Southwest Facing Home
  • Property is in good condition

HOA Fees

  • $1,764 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Inside Entrance
  • Lighted Parking
  • Tandem Parking
  • Gated Parking
  • Reserved Parking
  • Community Parking Structure

Property Views

  • Creek or Stream

Home Design

  • Slab Foundation
  • Concrete Siding
  • Metal Siding

Interior Spaces

  • 1,907 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Window Treatments
  • Aluminum Window Frames
  • Entrance Foyer
  • Multiple Living Areas
  • Storage
  • Stacked Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub

Home Security

  • Prewired Security
  • Smart Thermostat

Accessible Home Design

  • No Interior Steps

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • In Ground Spa
  • Terrace
  • Outdoor Grill

Location

  • Property is near public transit
  • City Lot

Schools

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

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 01070018070000

Community Details

Overview

  • Association fees include common area maintenance, gas, insurance, landscaping, ground maintenance, maintenance structure, security, sewer, trash, water
  • Austin City Lofts Owners Association, Inc Association
  • Austin City Lofts Amd Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Courtyard
  • Package Room
  • Community Mailbox

Recreation

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,927

Year Built

Built in 2003

Lot Details

0

HOA Fees

$1,764 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 2003
  • Additional Parcels: No
  • Direction Faces: Southwest
  • Directions: From Mopac - Head East on 5th St, building is on the left at the corner of 5th St and West Ave.
  • Disclosures: Seller Disclosure
  • Fencing: None
  • Garage Spaces: 2
  • Green Energy Efficient: Appliances, HVAC, Thermostat, Windows
  • Green Sustainability: None
  • Levels: One
  • Living Area: 1907
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Attribution Contact: (512) 241-1300
  • Attribution Contact: (512) 241-1300
  • ETJ Extra Territorial Jurdn: No
  • Estimated Taxes: 21515.93
  • FEMA Flood Plain: See Remarks
  • Restrictions: See Remarks
  • Tax Exemptions: Homestead
  • Unit Style: Tower (14+ Stories),Elevator,End Unit,Loft,No Adjoining Neighbor
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), High Ceilings, Granite Counters, Stone Counters, Double Vanity, Entrance Foyer, High Speed Internet, Kitchen Island, Multiple Living Areas, No Interior Steps, Open Floorplan, Pantry, Primary Bedroom on Main, Smart Thermostat, Soaking Tub, Stackable W/D Connections, Storage, Track Lighting, Walk-In Closet(s), Washer Hookup
  • View: City, Creek/Stream, Downtown, Pool
  • Flooring: Concrete, Marble, Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Oven, Vented Exhaust Fan, Wine Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Good
  • Security Features: 24 Hour Security, Prewired
  • Spa Features: Hot Tub, In Ground
  • Window Features: Aluminum Frames, Window Coverings, Window Treatments
  • ResoLivingAreaSource: Builder
  • Laundry Location: In Hall,In Unit,Laundry Room,Main Level
  • Num Dining: 1
  • Num Living: 2
  • Num Other Level Beds: 0

Beds/Baths

  • Full Bathrooms: 2
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Balcony, Barbecue
  • Roof: See Remarks
  • Foundation: Slab
  • Patio And Porch Features: Terrace
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 2
  • Parking Features: Attached, Garage, Gated, Inside Entrance, Lighted, Reserved, Tandem, See Remarks
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Condo/Co-op/Association

  • HOA Fee Includes: Common Area Maintenance, Gas, Insurance, Landscaping, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Water
  • Association Fee Frequency: Monthly
  • Association Fee: 1764

Association/Amenities

  • Association Name: Austin City Lofts Owners Association, Inc
  • Association: Yes
  • Community Features: BBQ Pit/Grill, Cluster Mailbox, Concierge, Controlled Access, Courtyard, Garage Parking, High Speed Internet, Package Service, Pool, Property Manager On-Site, Hot Tub

Schools

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

Lot Info

  • Lot Features: Back to Park/Greenbelt, City Lot, Near Public Transit
  • Parcel Number: 01070018070000
  • Lot Size Acres: 0.0104
  • Lot Size Sq Ft: 453.02
  • Subdivision Name: Austin City Lofts Amd

Building Info

  • Construction Materials: Concrete, Glass, Metal Siding
  • New Construction: No

Tax Info

  • Tax Year: 2022
  • Tax Map Number: 302
  • Tax Rate: 1.97490000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Mar 28, 2024
Sold by
Nancy E Schulte Living Trust and Schulte Nancy E
Bought by
Drewry Cade
Seller's Agent
Charles Runnels
Compass RE Texas, LLC
Buyer's Agent
Brandon Holley
Holley Homes Realty
List Price
$1,048,000
Sold Price
$975,000
Premium/Discount to List
-$73,000
-6.97%
Total Days on Market
136
Views
60
Current Estimated Value
$1,040,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,180
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Jan 25, 2022
Sold by
Schulte Nancy E
Bought by
Nancy E Schulte Living Trust

Purchase Details

Listed on
Nov 26, 2018
Closed on
Jan 22, 2019
Sold by
Jones Sharon Marie
Bought by
Huckaby Michael
Seller's Agent
Lauren Springer
Gottesman Residential R.E.
Buyer's Agent
Jocelyn Johnson
Gottesman Residential R.E.
List Price
$825,000
Sold Price
$770,000
Premium/Discount to List
-$55,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
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
Drewry Cade -- Independence Title
Nancy E Schulte Living Trust -- Nickerson Law Group
Huckaby Michael -- Heritage Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold -- -- --
03/12/2024 03/12/24 Pending -- -- --
02/22/2024 02/22/24 Price Changed $999,800 -0.7% $524 / Sq Ft
01/05/2024 01/05/24 Price Changed $1,007,000 -3.9% $528 / Sq Ft
10/27/2023 10/27/23 For Sale $1,048,000 +17.1% $550 / Sq Ft
05/12/2021 05/12/21 Sold -- -- --
04/23/2021 04/23/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $895,000 0.0% $468 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $895,000 +8.5% $468 / Sq Ft
01/22/2019 01/22/19 Sold -- -- --
01/07/2019 01/07/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $825,000 0.0% $431 / Sq Ft
02/13/2016 02/13/16 Rented $4,500 -18.2% --
02/04/2016 02/04/16 Under Contract -- -- --
12/22/2015 12/22/15 For Rent $5,500 +22.2% --
05/06/2014 05/06/14 Rented $4,500 -10.0% --
04/29/2014 04/29/14 Under Contract -- -- --
03/09/2014 03/09/14 For Rent $5,000 -- --
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 $22,927 $1,267,221 $120,188 $1,147,033
2022 $24,071 $1,218,823 $120,188 $1,098,635
2021 $17,598 $808,500 $120,188 $688,312
2020 $16,515 $770,000 $120,188 $649,812
2018 $18,813 $849,750 $120,188 $729,562
2017 $17,812 $798,682 $120,188 $678,494
2016 $18,949 $849,678 $104,511 $745,167
2015 $17,161 $747,096 $101,797 $645,299
2014 $17,161 $721,124 $101,797 $619,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 9378797

Unlock MLS (Austin Board of REALTORS®)

APN: 563559