710 Colorado ST # 8J, Austin TX 78701

Austin, TX 78701 | Brown Bldg Lofts Condo

Ed's Opinion of Value

$630,000 Ed's Estimate: $701,024 $1,084,246
Lowest Comp Recommended List: $369,000 to $379,000 Highest Comp
Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $701,024. To generate strong buyer interest while maximizing value, I'd price this between $369,000 and $379,000. In the current BROWN BLDG LOFTS CONDO market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1940 construction puts this home 41 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in BROWN BLDG LOFTS CONDO; a buyer's market based on recent absorption. The trend in 78701 shows prices have fallen 16% in the past 6 months. 710 Colorado ST # 7J, Austin TX 78701 nearby adjusts to $630,000; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths 2 Full
1,287 Sq Ft
0.0036 Acres
1940 Built
1 Garage

About This Property

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.

Features

  • Ceiling Fan(s)
  • Granite Counters
  • Open Floorplan

Location

Schools

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

Property Details

Property Type Residential
Flooring Marble
Cooling Central Air
Heating Central
Exterior Restricted Access, See Remarks
County Travis
MLS # 1049342
Garage 1 spaces

HOA & Community

HOA Fee $837 /Monthly
HOA Includes Security

Tax Information

Annual Taxes (MLS) $8,155 (2022)

Listing History

MLS# 1049342 195 days
Nov 10, 2023 Off Market
Aug 30, 2023 Price Change $599,000
Mar 10, 2023 Listed $749,900

Frequently Asked Questions About 710 Colorado ST # 8J, Austin TX 78701

When was 710 Colorado ST # 8J, Austin TX 78701 built?

710 Colorado ST # 8J, Austin TX 78701 was built in 1940.

How much does 710 Colorado ST # 8J, Austin TX 78701 cost?

710 Colorado ST # 8J, Austin TX 78701 sold on November 10, 2023. Contact us for sale price details.

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