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$18,000,000

Beds
3
Baths
6.0
sq ft
14,025

805 Congress Ave, Austin, TX 78701

805 Congress Ave

Austin, TX 78701

  • 213 days on market
This historic gem located at 805 Congress Avenue is not just a home, it's an architectural masterpiece steeped in rich history and endless possibilities. Prepare to be captivated by this four-story building that seamlessly blends old-world charm with modern luxury. With a sprawling 10,050 sqft of living and entertainment space spread across the top three floors, the opportunities are truly limitless. As you step inside, you'll find yourself transported to a world of endless entertainment possibilities. The second floor is an entertainer's dream, boasting an expansive entertainment hall complete with a commercial kitchen, stage, bathrooms, and additional rooms perfect for hosting unforgettable gatherings or even launching your own creative venture. As you ascend to the third floor, prepare to be greeted by a living space that exudes unparalleled comfort and style. This is the heart of the home, featuring two lavish bedrooms, a state-of-the-art home theater, a gourmet kitchen fit for a culinary enthusiast, and a spacious dining and living area designed for luxurious relaxation. This floor effortlessly combines modern amenities with the charm of yesteryear. But the crown jewel awaits you on the top floor a captivating owner's suite that offers a true sanctuary away from the world. This private retreat encompasses a generously sized bedroom, a sophisticated living room, a Hollywood bath that exudes opulence, a gym to keep you in peak shape, and not one, but two outside areas both front and rear. Step out onto the large front balcony, complete with a cozy fireplace and a fully equipped kitchenette, and soak in the breathtaking views of Congress Avenue and the iconic Capitol building. Location, they say, is everything and this home certainly has that in abundance. Situated just two blocks away from the majestic Texas State Capitol, you'll find yourself at the heart of the city's vibrant energy, surrounded by the very best that Austin has to offer.

Details

Property type

Est. home value

$4,568,044

Lot size

3,920.4 sq ft

Price per sq ft

$1,284

Year built

1871

Annual property taxes

$51,625

Price History

02/20/2024
Austin

Austin #6071077

Listed
$18,000,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Mathews

Middle school: 

O Henry

High school: 

Austin

Community features: 

None

High school district: 

Austin ISD

Seller’s Loan History

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

Lender

Jpmorgan Chase Bank Na

Loan start date

January 2017

Original loan amount

$1,600,000

Est. remaining balance

$881,900

Interest rate

3.34%

Loan type

New Conventional, 15 year

Seller

Andrew Heller and Mary Ann Heller

Lender

Merrill Lynch Credit Corp

Loan start date

August 2003

Original loan amount

$1,922,427

Est. remaining balance

Not provided

Interest rate

7.52%

Loan type

Building or Construction Loan, 26 year

Seller

Mary Ann Heller and Andrew Heller

Lender

Bank Of America

Loan start date

January 2002

Original loan amount

$1,395,000

Est. remaining balance

$0

Interest rate

7.02%

Loan type

Not Provided, 8 year

Seller

Andrew Heller and Mary Ann Heller

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: 09/21/2024 at 2:30 AM

Listing updated: 08/26/2024 at 4:01 PM

Listed by: Chris Watters, Watters International Realty Phone #: (512) 646-0038

MLS: Austin #6071077

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