1801 Lavaca ST, Austin TX 78701

Austin, TX 78701 | Cambridge Tower

Ed's Opinion of Value

$704,120 Ed's Estimate: $1,080,291 $1,495,000
Lowest Comp Recommended List: $893,000 to $903,000 Highest Comp
Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,080,291. I'd recommend coming to market at $893,000 to $903,000 to strike the right balance between value and market velocity. In the current CAMBRIDGE TOWER market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. Built in 1964, this home is 5 years newer than the average comp, which is reflected in the adjustments. The 0.01 acre lot (smaller than the 0.08 acre average) is reflected in the estimate. The active market in CAMBRIDGE TOWER includes 7 comparable homes priced from $789,000 to $1,849,000. The trend in 78701 shows prices have fallen 24.1% in the past 6 months. 1801 Lavaca ST, Austin TX 78701 nearby adjusts to $1,039,263; with a larger floor plan. Based on 7 relevant data points in CAMBRIDGE TOWER, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX
3 Beds
3 Baths 3 Full
2,257 Sq Ft
0.0134 Acres
1964 Built
3 Garage

About This Property

Prepare to be captivated by this exceptional double unit situated on the top floor of the building's southeast corner with 3 bedrooms, 3 bathrooms, and 3 reserved garage spaces. Behold the awesome views of the majestic Capitol and the iconic UT Memorial Stadium. Indulge in the luxurious amenities of this historic building, including a 24-hour concierge service, a well-equipped workout room, a refreshing pool, a shared rooftop deck, and the convenience of 3 reserved garage parking spots.

A terrific option for investors (no STR), parents of college students, lock-n-leavers, visiting legislators, or as a pied-a-terre. HOA covers all utilities, Internet, and common area maintenance. Cats are allowed, dogs only with service dog distinction.

Nestled on the northern end of downtown, directly opposite the University of Texas campus, Cambridge Tower finds itself within easy reach of the Capitol, downtown offices and restaurants, the UT stadium, and the Dell Medical School. Experience downtown living that seamlessly blends timeless allure with modern convenience at Cambridge Tower.

The 15th floor offers a unique opportunity to create your own loft space, limited only by your imagination. Get inspired by the included inspirational photos (under Documents) that showcase the boundless potential of this exceptional area. Whether you envision a cozy reading nook, an artistic studio, or an entertainment space, the choice is yours to shape and personalize. Engineer approval and a City of Austin building permit are required.

Step into history at Cambridge Tower, Austin's inaugural landmark residential high-rise, embodying the pinnacle of mid-century modern design. Renowned architect Thomas Edward Stanley II of Dallas ingeniously melded Le Corbusier's reinforced concrete structures with Frank Lloyd Wright's innovative decorative concrete block, resulting in an unparalleled and enduring elegance.

Features

  • Bookcases
  • Ceiling Fan(s)
  • Crown Molding
  • Electric Dryer Hookup
  • Elevator
  • High Speed Internet
  • No Interior Steps
  • Pantry
  • Primary Bedroom on Main
  • Recessed Lighting
  • Soaking Tub
  • Stackable W/D Connections
  • Storage

Location

Schools

School District Austin ISD
Elementary Lee
Middle School Kealing
High School McCallum

Property Details

Property Type Residential
Flooring No Carpet, Tile, Wood
Cooling Ceiling Fan(s), Central Air, Electric
Heating Central, Electric
Exterior Balcony
County Travis
MLS # 2741938

Parking

Garage 3 spaces

HOA & Community

HOA Fee $2,142 /Monthly
HOA Includes Cable TV, Common Area Maintenance, Electricity, Hot Water, Internet, Security, Sewer, Trash, Utilities, Water

Tax Information

Annual Taxes $28,795 (2023)

Listing History

MLS# 2741938 3 days (2 CDOM)
Aug 31, 2023 Off Market
Jul 25, 2023 Listed $1,275,000

Frequently Asked Questions About 1801 Lavaca ST, Austin TX 78701

When was 1801 Lavaca ST, Austin TX 78701 built?

1801 Lavaca ST, Austin TX 78701 was built in 1964.

How much does 1801 Lavaca ST, Austin TX 78701 cost?

1801 Lavaca ST, Austin TX 78701 sold on August 31, 2023. Contact us for sale price details.

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