tomo logo

$945,000

Beds
3
Baths
2.5
sq ft
1,699

603 Davis St Unit 1103, Austin, TX 78701

603 Davis St Unit 1103

Austin, TX 78701

  • 183 days on market
    • Price drop $15,000↓
Discover the ultimate downtown Austin retreat within the exclusive confines of the Shore, a truly exceptional three-bedroom residence in the esteemed Rainey Street neighborhood. As one of the original luxury condominium communities in the area, this hidden gem offers a serene and sophisticated lifestyle mere steps away from the city's most coveted entertainment district. Elevated on the 11th floor, overlooking the picturesque Lady Bird Lake, this meticulously maintained unit presents an interior that is a true embodiment of perfection, adorned with vibrant accents, lavish wide-plank French oak floors, and opulent Calcutta marble countertops. The two main bedrooms exude elegance and sophistication, boasting California closets, luxurious ensuite bathrooms, and breathtaking city views that rival those seen from the private balcony of the living room. Adding to the allure, the primary bedroom provides direct access to a covered outdoor space, seamlessly blending indoor and outdoor living. Complete with an ensuite washer and dryer and remote-controlled electric blinds, you have complete control over your surroundings at all times. Emphasizing convenience, this unit also offers two premier parking spots on the ground level of the building, eliminating the need for tedious searches within parking garages. The Shore Condos epitomizes sophistication with its 24/7 concierge service, exclusive access to the hotel's exceptional amenities, and a private pool reserved exclusively for residents. In addition to the wonderful community, you will find yourself merely a few steps away from the iconic hike-and-bike trail and a plethora of renowned bars and restaurants that have made the Rainey Street District a world-renowned nightlife destination. Whether you wish to bask in the splendor of sunsets with friends on the expansive main balcony or indulge in solitary moments of relaxation on the intimate second balcony, this residence offers the perfect setting for every occasion.

Details

Property type

Condominium

Est. home value

$964,872

Lot size

304.92 sq ft

Price per sq ft

$557

Year built

2006

Annual property taxes

$19,108

Monthly HOA fee

$931

Price History

09/17/2024
Austin

Austin #2356174

Price change
$945,000
-1.56%
09/07/2024
Austin

Austin #2356174

Price change
$960,000
-0.52%
05/22/2024
Austin

Austin #2356174

Listed
$965,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

Fitness Center, Gated, 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

$283,272
Asking price
$945,000
Closing costs (~8% of asking)
-$75,600
Est. remaining loan balance
-$586,128
Cash to seller
$283,272

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2021

Original loan amount

$625,000

Est. remaining balance

$586,128

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Cynthia A Hager and Richard A Metzger

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: 11/22/2024 at 2:15 AM

Listing updated: 10/17/2024 at 11:32 AM

Listed by: Susan Barringer, Kuper Sotheby's Int'l Realty Phone #: (512) 831-6577

MLS: Austin #2356174

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