Betty Epperson of Epperson Realty Group

MLS: 8527682     $1,500,000
6 Bedrooms with 4 Baths

MLS: 8527682 Condo For Sale
1503 E 3RD ST A & B
AUSTIN TX 78702

MLS:  8527682
Status:  ACTIVE
List Price:  $1,500,000
Price per SQFT:  $633
Square Footage:  2371

6 Bedrooms
4 Baths
Year Built:  2020
Zip Code:  78702

 

Listing Remarks

Immerse yourself in the vibrant heart of Austin. This 2020-built, 2-condo regime property is available as separate units or together (this listing includes both Unit 1 & 2, please contact Agent for more info on other unit MLS#2025565 $750K/each). Property is a prime investment for short-term rental ventures. Located mere moments from downtown's lively scene, both this property, Unit A, and it's adjacent Unit B, boast a proven rental track record. (November 2022-November 2023 NET STR rent for both properties combined was ~$155K). Unit A, 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 security is assured with the Ring Doorbell system. Unit(s) also feature a multi-functional office or living area upstairs, spacious 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, just 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

Address: 1503 E 3RD ST A & B AUSTIN TX 78702

Listing Courtesy of @ PROPERTIES CHRISTIE'S INTERNATIONAL


Condo Mania Agent:
Betty Epperson

Featured Real Estate Agent Betty Epperson

Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290

Contact Betty Epperson

Request More Information



Listing Photos


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Listing Details


STATUS:Active
SPECIAL LISTING CONDITIONS:Standard
LISTING CONTRACT DATE:2023-12-28
BEDROOMS:6
BATHROOMS FULL:4
BATHROOMS HALF:0
LIVING AREA SQ FT:2371
YEAR BUILT:2020
HOA/MGMT CO:TBD
HOA FEES FREQUENCY:SeeRemarks
HOA INCLUDES:CommonAreaMaintenance, Insurance, SeeRemarks
APPLIANCES INCLUDED:Dryer, Dishwasher, GasCooktop, Disposal, Microwave, Refrigerator, StainlessSteelAppliances, TanklessWaterHeater
CONSTRUCTION:HardiPlankType
COMMUNITY FEATURES:CommonGroundsArea, Park, Sidewalks
EXTERIOR FEATURES:NoExteriorSteps
FIREPLACE:None
FLOORING:Vinyl
HEATING:WallFurnace
INTERIOR FEATURES:CeilingFans, HighCeilings, InteriorSteps, MultipleLivingAreas, RecessedLighting, VaultedCeilings, WalkInClosets
LEGAL DESCRIPTION:UNT 1 1503 EAST 3RD STREET CONDOMINIUMS PLUS 50. 0 % INT IN COM AREA AND UNT 2 1503 EAST 3RD STREET CONDOMINIUMS PLUS 50. 0 % INT IN COM AREA
LOT FEATURES:ModerateTrees, NearPublicTransit, TreesMediumSize, Xeriscape
# GARAGE SPACES:0
PARKING FEATURES:Covered, Carport
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
ROOF:Composition
POOL FEATURES:None
SPA FEATURES:None
DIRECTION FACES:West
VIEW:None
LISTING AGENT:MONICA FABBIO
LISTING OFFICE:@ PROPERTIES CHRISTIE'S INTERNATIONAL
LISTING CONTACT:(512) 575-3644

Estimated Monthly Payments


List Price:$1,500,000
20% Down Payment:$300,000
Loan Amount:$1,200,000
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$7,585

Estimate does not include taxes, fees, insurance.

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Property Location: 1503 E 3RD ST A & B AUSTIN TX 78702



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
6055130 $709,000 1615 E 7TH ST 502 2 2 1493 1615 EAST 7TH CONDOS
5824028 $695,000 1618 HASKELL ST B 2 2 1122
3936587 $1,585,000 1618 HASKELL ST A 5 4 3154
2025565 $750,000 1503 E 3RD ST A 3 2 1190
5208975 $404,000 1800 E 4TH ST 203 1 1 673 FOURTH AND
1404399 $799,000 1800 E 4TH ST 396 3 2 1520 FOURTH AND
9259487 $399,000 1800 E 4TH ST 296 1 1 735 FOURTH AND
4350600 $439,000 1800 E 4TH ST 297 1 1 735 FOURTH AND
8692617 $560,000 1711 CANTERBURY ST B 1 1 816
8288824 $469,000 507 SABINE ST 408 2 1 951 SABINE ON 5TH

Condo Mania Agent:
Betty Epperson

Featured Real Estate Agent Betty Epperson

Epperson Realty Group
Broker/Owner
TREC # 474240
Phone: 512-630-7290

Contact Betty Epperson

Search Listings


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Last Updated: 2024-02-23