710 Colorado ST # 3H, Austin TX 78701

Austin, TX 78701 | Brown Bldg Lofts Condo

Ed's Opinion of Value

$599,000 Ed's Estimate: $661,042 $779,199
Lowest Comp Recommended List: $648,000 to $674,000 Highest Comp
After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $661,042. Pricing this home between $648,000 and $674,000 would put it in the competitive sweet spot for BROWN BLDG LOFTS CONDO. This home's position in the current BROWN BLDG LOFTS CONDO market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 42 years older than typical comps, the 1940 build date influences the valuation. With 7 similar homes currently listed in BROWN BLDG LOFTS CONDO (a buyer's market), competition is a factor to consider. Market data shows 78701 prices risen 4.8% over the last half year. The closest comparable sale, 710 Colorado ST # 7J, Austin TX 78701 at an adjusted $612,047, is a strong comparable. With 7 comparable sales in BROWN BLDG LOFTS CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,235 Sq Ft
0.004 Acres
1940 Built
1 Garage

About This Property

LUXURY HISTORIC LOFT LIVING FOR LESS! Amazing property tax savings due to historical exemption- Almost 70% off when combined with homestead, or 35% without. The impact on the mortgage is like saving $140k+ on sale price!! The heart of downtown Austin. Enjoy city and sunrise views from this spacious 2-bedroom 3rd Floor unit at the iconic Art-deco Brown Building. This fabulous loft-style condo boasts soaring exposed concrete ceilings and walls of fully operable windows that flood the wide-open floorplan with abundant natural light. Newer custom window shades including blackout. Modern industrial-style lighting and historic Terrazzo floors are seen throughout. The stylish kitchen features stainless-steel countertops & appliances, center island and ample refinished maple cabinetry. Unit comes with 1 assigned garage space and additional spaces are available for rent. HOA includes everything except electric & cable/internet. Community fitness center & rooftop patio to take in the panoramic city views! Dog friendly building with doggie station and lawn across 8th St. A building with class and character! Come live the loft life!

Features

  • Bookcases
  • High Ceilings
  • Electric Dryer Hookup
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Walk-In Closet(s)
  • Washer Hookup

Location

Schools

School District Austin ISD
Elementary Mathews
Middle School O Henry
High School Austin

Property Details

Property Type Residential
Flooring Terrazzo
Cooling Central Air
Heating Central
Exterior See Remarks
County Travis
MLS # 1068566
Garage 1 spaces

HOA & Community

HOA Fee $669 /Monthly
HOA Includes Common Area Maintenance, Hot Water, Insurance, Sewer, Trash, Water

Tax Information

Annual Taxes (MLS) $3,089 (2020)

Listing History

MLS# 1068566 13 days
Dec 11, 2020 Off Market
Oct 31, 2020 Pending
Oct 18, 2020 Listed $587,000

Frequently Asked Questions About 710 Colorado ST # 3H, Austin TX 78701

When was 710 Colorado ST # 3H, Austin TX 78701 built?

710 Colorado ST # 3H, Austin TX 78701 was built in 1940.

How much does 710 Colorado ST # 3H, Austin TX 78701 cost?

710 Colorado ST # 3H, Austin TX 78701 sold on December 11, 2020. Contact us for sale price details.

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