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$599,000

Beds
1
Baths
1.0
sq ft
1,256

4361 S Congress Ave Unit 106, Austin, TX 78745

4361 S Congress Ave Unit 106

Austin, TX 78745

  • 162 days on market
    • Price drop $10,000↓
Amazing Location in South Austin: at the PUBLIC Lofts at the corner of St. Elmo and South Congress. Next to Urban Betty Salon, Living in Stereo, and walking distance from the Yard. Live/Work space can be used for commercial/residential. We have a beautifully finished out storefront and spa with display shelves on both walls. It is designed to be a spa, with a lobby in front and 2 treatment rooms in the back, but is also ideal for a jewelry store, art gallery, skin care store, attorney’s office or retail shop. It has high end furnishings, a beautiful handmade front desk and shelving that is perfect for a retail store, included if you would like to use it. The front door faces South Congress with a high end lobby. • Storefront is finished out and furnished • Full kitchen: sink, refrigerator and dishwasher stove/ oven, coffee area • Security System • Large amount of storage space in the back for inventory • 2 parking spots included You are: A boutique retail store needing shelf space, or solo business owner/ entrepreneur with a need for a private desk and meeting room for your client. Our HOA is taking applications and is highly selective in choosing renters as there are only 10 Retail Live/Work units available, so please send your business website and cover letter for consideration.

Details

Property type

Est. home value

$420,324

Lot size

762.3 sq ft

Price per sq ft

$477

Year built

2016

Annual property taxes

$7,389.22

Monthly HOA fee

$596.89

Price History

09/25/2024
Austin

Austin #2676180

Price change
$599,000
-1.64%
07/23/2024
Austin

Austin #2676180

Price change
$609,000
-3.18%
06/01/2024
Austin

Austin #2676180

Price change
$629,000
-3.08%

Schools & Community

Neighborhood: 

East Congress

Elementary school: 

Galindo

Middle school: 

Bedichek

High school: 

Travis

Community features: 

Fitness Center, 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

$294,779
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$256,301
Cash to seller
$294,779

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2018

Original loan amount

$288,000

Est. remaining balance

$256,301

Interest rate

4.62%

Loan type

New Conventional, 30 year

Seller

George Albert Olson

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: 10/05/2024 at 9:50 PM

Listing updated: 09/25/2024 at 8:01 AM

Listed by: Doak Embrey, Luisa Mauro Real Estate Phone #: (512) 220-0565

MLS: Austin #2676180

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