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$675,000   Price Analysis
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1503 E 3rd St Unit B
Austin, TX 78702
3 bed 2 bath 1,181 SqFt ($571/SqFt)
2,178SqFt lot. Built 2018
Listed 2024-07-05, Taxes $13,092
Ⓧ USDA Ineligible
due to location

near Austin

Immerse yourself in the vibrant heart of Austin.

This 2020-built, 2-condo regime property is available as separate units or together. Please contact Agent for more info. Property is a prime investment for short-term rental ventures. Located mere moments from downtown's lively scene, both this property, Unit B and it's adjacent Unit A, boast a proven rental track record. (2023 NET STR rent for both properties available by request). U nit B, with three comfortable bedrooms and two chic bathrooms, blends style with comfort. The interior is graced with waterproof, ash-colored vinyl plank flooring and vaulted ceilings, accented by recessed lighting, creating an inviting, open atmosphere. Prioritize comfort with remote-controlled mini-split A/C systems in each room and enjoy the efficiency of Rinnai tankless water heaters.

Enhanced securty is assured with the Ring Doorbell system. Unit(s) also feature a multi-functional office or living area upstairs, roomy closets and 2 covered outdoor living areas, (one can be 2-car carport), currently both utilized as charming outdoor spaces for STR guests. The fully fenced outdoor area, adorned with mature trees and xeriscaping, provides a peaceful urban oasis and private compound feel. Its superb location, three blocks from the Capital Metro train and adjacent to Comal City Park, perfectly balances city accessibility with tranquil living. Near E 3rd Street, a plethora of entertainment awaits, from unique dining and live music to cultural sites and vibrant nightlife, making it a magnet for STR investors. Seize this opportunity to invest in a blend of contemporary comfort, strategic location and Austin's dynamic spirit. The listing broker makes no warranties regarding the accuracy of information provided and buyers are advised to conduct their own due diligence


Presented by Monica Fabbio at
@ PROPERTIES CHRISTIE'S INTERNATIONAL.
Listing Agent Photo

Property MLS #5249784 from UnlockMLS

Bedrooms: 3
Bedrooms On Main Level: 1

Total Bathrooms: 2
Full Bathrooms: 2

Ceiling Fan(s)
Ceiling-High
Ceiling-Vaulted
Interior Steps
Multiple Living Areas
Walk-In Closet(s)
Flooring: Vinyl
Window Features: Drapes

Dishwasher
Disposal
Dryer
Cooktop Gas
Microwave
Refrigerator
Stainless Steel Appliance(s)
Tankless Water Heater
Laundry Features: Main Level

Cooling Features: Ceiling Fan(s), Ductless
Heating Features: Wall Furnace

No Exterior Steps
Fencing: Fenced, Wood
Patio And Porch Features: Patio

Lot Description: Near Public Transit, Trees-Medium (20 Ft - 40 Ft), Trees-Moderate, Xeriscape
Lot Size Acres: 0.05
Lot Size Square Feet: 2178

Parking Features: Carport, Covered
Parking Total: 2

Association: Yes
Association Fee Includes: Common Area Maintenance, Insurance

Elementary School: Sanchez
High School: Austin
Middle School: Martin
School District: Austin ISD

Sanchez Elementary School is a public elementary school located approximately 0.4 miles away.
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Martin Middle School is a public middle school located approximately 0.5 miles away.
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Austin High School is a public high school located approximately 2.5 miles away.
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Cathedral School Of St Mary is a private elementary and middle school located approximately 0.9 miles away.
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Source Listing Status: Active
County: Travis
Directions: From IH35 south of downtown - Take Cesar Chavez exit. Right on E 3rd Street. Property on the Right. There are 2-units, with unit A being closest to 3rd St
Tax Year: 2023
Restrictions: Deed Restrictions
Source Property Type: Residential
Area: 5
Property Subtype: condo
Source Neighborhood: Division O
Ownership Type: Fee-Simple
Parcel Number: 937643
Subdivision: Division O
Flood Plain: No
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$394,837 + $191,250
$586,087
$13,092
2022$302,074 + $148,750
$450,824
$12,757

Listed 2024-07-05
$675,000
UnlockMLS
Listed 2020-08-13
$485,000
UnlockMLS

Total Square Feet Living: 1181
Year Built: 2018
Builder Name: TSB Homes
Construction Materials: HardiPlank Type
Direction Faces: West
Foundation Details: Slab
Levels: Two
Living Area Source: Public Records
Property Age: 6
Roof: Composition
House Style: 1st Floor Entry
Year Built Source: Public Records

Sewer: Public Sewer
Electricity Connected
Sewer Connected
Water Connected
Water Source: Public

Security Features: Security Lights, Security System
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.