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$550,000

Beds
1
Baths
1.0
sq ft
758

1600 S 1st St Unit 313, Austin, TX 78704

1600 S 1st St Unit 313

Austin, TX 78704

  • 13 days on market
Welcome to the epitome of urban living in Austin's coveted 78704 zip code. Nestled in the vibrant SoCo District, this recently built condo offers a unique investment opportunity with long-term tenants already in place. Step into luxury with this 3rd floor unit featuring a sleek, modern design and impeccable finishes. Wood flooring spans the space, complemented by a wall of glass leading to a private balcony that floods the interior with natural light while providing tranquil courtyard views for enhanced privacy and reduced noise. The bedroom includes a walkthrough closet for added convenience, seamlessly connecting to a well-appointed bath—a perfect setup for entertaining guests. The chef's dream kitchen boasts quartz countertops, gas cooking, and Euro-styling modern cabinets, ideal for culinary enthusiasts and everyday living alike. This condo is not just a home but a lifestyle, offering amenities such as onsite restaurants and retail, a dog grooming station, bike storage, and a conference room—all within the building's premises. Recessed lighting throughout adds to the ambiance and functionality of the space. Whether you're looking to secure steady rental income or capitalize on Austin's booming real estate market, this property promises both immediate appeal and enduring value. Don't miss out on this rare chance to own a piece of Austin's premier urban landscape—schedule your showing today and envision yourself at the heart of it all.

Details

Property type

Condominium

Est. home value

$557,287

Lot size

374.62 sq ft

Price per sq ft

$726

Year built

2019

Annual property taxes

$8,635.7

Monthly HOA fee

$297

Price History

06/21/2024
Austin

Austin #1468162

Listed
$550,000

Schools & Community

Neighborhood: 

Bouldin

Elementary school: 

Travis Hts

Middle school: 

Lively

High school: 

Travis

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

$172,349
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$333,651
Cash to seller
$172,349

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

Seller’s Loan History

Lender

First United Bank And Trust Co Inc

Loan start date

March 2021

Original loan amount

$360,000

Est. remaining balance

$333,651

Interest rate

2.73%

Loan type

Not Provided, 30 year

Seller

Edwin Hudelist and Ragna R Hudelist

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: Active

Tomo last checked: 07/04/2024 at 10:35 PM

Listing updated: 06/28/2024 at 2:13 PM

Listed by: Monica DiSchiano, Redfin Corporation Phone #: (512) 710-0156

MLS: Austin #1468162

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