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$589,218Estimated home value

Beds
1
Baths
1.5
sq ft
1,142

1305 E 6th St Unit 4, Austin, TX 78702

1305 E 6th St Unit 4

Austin, TX 78702

  • Off market
    • Price drop $9,200↓
Discover the ultimate live/work opportunity with this industrial modern loft in the heart of East Austin, located at 1305 E 6th St Unit 4, Austin, TX 78702. Occupied until July 2024, this exceptional space is tailored for innovators and entrepreneurs who desire a distinctive blend of functionality and style in their live/work environment.This loft boasts an open floor plan that emphasizes natural light, creating a spacious and adaptable living area. The aesthetic is contemporary industrial, with polished concrete floors and exposed wooden beams setting the stage for a workspace or home that's both stylish and practical. The modern kitchen features stainless steel appliances and elegant wooden cabinetry, seamlessly merging with the loft's overall design.What sets Unit 4 apart is the additional finished room, which serves as a versatile space for either a second bedroom or office. Overlooking the lively East Sixth Street, this room provides extra space for those who need it, whether for sleeping or as a productive work area.Similar to Unit 2 in size and style, the building distinguishes itself in East Austin by offering units that are not just living spaces but also professional havens. It has fostered a variety of business ventures, offering a unique setting where creativity and productivity are nurtured.Tenants will appreciate the convenience of a dedicated parking spot, complete with automated gate and covered parking, ensuring both security and ease of access. Experience the essence of entrepreneurial spirit in a residence that truly captures the vibrant energy of East Austin. There's nothing else quite like it—a perfect synthesis of living and working in one of the city's most dynamic neighborhoods. HOA does not allow STR, min lease term is 6 months. Ask about seller financing options.

Details

Property type

Condominium

Est. home value

$589,218

Lot size

1,337.29 sq ft

Price per sq ft

$437

Year built

2006

Annual property taxes

$10,556.81

Monthly HOA fee

$410

Price History

09/08/2024
Austin

Austin #5121259

Removed
08/06/2024
Austin

Austin #5121259

Pending
$499,000
07/13/2024
Austin

Austin #5121259

Price change
$499,000
-1.81%

Schools & Community

Neighborhood: 

East Cesar Chavez

Elementary school: 

Sanchez

Middle school: 

Martin

High school: 

Austin

Community features: 

Gated

High school district: 

Austin ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$249,262
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$209,818
Cash to seller
$249,262

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Cornerstone Home Lending Inc

Loan start date

August 2015

Original loan amount

$258,400

Est. remaining balance

$209,818

Interest rate

4.04%

Loan type

New Conventional, 30 year

Seller

Noah D Kagan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/05/2024 at 8:30 PM

Listing updated: 08/13/2024 at 9:04 AM

Listed by: Rick Orr, Vince Realty Phone #: (214) 906-9834

MLS: Austin #5121259

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