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$770,000

Beds
1
Baths
1.5
sq ft
1,243

311 W 5th St Unit 807, Austin, TX 78701

311 W 5th St Unit 807

Austin, TX 78701

  • 1 day on market
Modern Loft with City Views in the Warehouse District. This north-facing 8th-floor residence at The Plaza Lofts is priced to sell and the perfect pied-à-terre, blending industrial style with urban sophistication. Located across from Republic Square Park in the heart of the Warehouse District, this 1-bedroom, 1.5-bath home spans 1,243 square feet and features 11' ceilings, expansive windows, with City and Hill Country views. Polished concrete floors, exposed spiral ductwork, and sleek finishes define the interiors, while the private balcony provides a serene space to enjoy our city's vibrant downtown energy. The open-concept kitchen showcases concrete countertops, a stainless steel backsplash, open shelving, updated appliances, and modern lighting, creating both style and functionality. The primary suite offers a peaceful retreat with room for a seating or workspace area, a private closet with generous storage, and an en-suite bathroom featuring dual-sink natural stone countertops and a luxurious walk-in shower. The Plaza Lofts, an exclusive boutique residence, features a rooftop pool, dedicated concierge, fitness center, and secured parking. Perfectly positioned, this lock-and-leave home is steps from Austin’s top dining, shopping, entertainment, and Lady Bird Lake. Reserve your private tour today and discover elevated urban living at The Plaza Lofts.

Details

Property type

Condominium

Est. home value

$763,515

Lot size

174.24 sq ft

Price per sq ft

$620

Year built

2002

Annual property taxes

$14,291

Monthly HOA fee

$1,278

Price History

01/25/2025
Austin

Austin #4502394

Listed
$770,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Fitness Center, Park, Pool

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

$231,584
Asking price
$770,000
Closing costs (~8% of asking)
-$61,600
Est. remaining loan balance
-$476,816
Cash to seller
$231,584

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$517,500

Est. remaining balance

$476,816

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Amir Pasha Soleimanpour

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: 01/26/2025 at 10:35 PM

Listing updated: 01/26/2025 at 4:05 AM

Listed by: Nina Seely, Legends Real Estate LLC Phone #: (512) 457-5757

MLS: Austin #4502394

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