$995,000
SOLD MAY 21, 2024
Last list price
-- Bed
-- Bath
2,123 Sq Ft
$1,889/mo HOA Fee

Recently Sold

$469 Per Sq Ft

185 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • 1-Story Property
  • Russell Lee Elementary School Rated A-
  • Storage Room
  • East Facing Home

About This Home

As of May 2024

Rare downtown commercial office space for sale that can be also converted into a residence or live + work at the prestigious & historic Cambridge Tower. It is one of the most iconic buildings near the Capitol Complex In the center of it all but away from the hustle & bustle in the heart of The Arts District. It is currently designed as an open office; however, Alter Studio, an award–winning, architecture & design firm (also located in the building), has designed a one–of–a–kind residential loft (see renderings). This offering comes with five parking spaces » Nowhere else will you find the convenience of a ground–floor downtown Austin commercial address combined with the amenities of a luxury residential building that has the possibility of being converted into a bespoke residential loft (pending HOA approval). The space has an authentic loft feel with exposed concrete ceilings & large windows that are difficult to replicate anywhere else within the city limits. Utilize the 2,123 SF open floor plan to record your next album or launch your next start-up or host exclusive tailgate events by the pool before enjoying the short walk to DKR Texas Memorial Stadium » As part of the Cambridge Tower’s association, you have access to a range of amenities, including a new, soon–to–be–renovated lobby designed by alterstudio, 24/7 concierge, owner’s lounge & auxiliary conference room, fitness center, pool, rooftop garden & 5 reserved parking spaces in the limited-access underground parking garage. With only 4 commercial spaces in the building, you'll experience a tranquil & professional atmosphere » In addition, the center of gravity of downtown Austin is shifting north with significant investment in the neighborhood including but not limited to the upcoming MD Anderson Center & Dell Medical Center, Moody Amphitheater at Waterloo Park, the New Texas Mall, the new Moody Center & Austin's Innovation District. Seize this rare opportunity to work/live in the heart of the new downtown!

Last Agent to Sell the Property

Bryan Cady

DEN Property Group Brokerage Phone: (512) 222-3364 License #0526188

Co-Listed By

Emily Lottman

DEN Property Group Brokerage Phone: (512) 222-3364 License #0664915

Last Buyer's Agent

Non Member

Non Member License #785011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,665

Year Built

  • Built in 1964

Lot Details

  • East Facing Home
  • Property is in good condition

HOA Fees

  • $1,889 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Assigned Parking

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Storage Room

Kitchen

  • Microwave
  • Dishwasher

Schools

  • Pease Elementary School
  • Martin Middle School
  • Austin High School

Utilities

  • No Heating
  • No Utilities

Community Details

  • Association fees include cable TV, common area maintenance, electricity, heat, water, insurance, internet, ground maintenance, maintenance structure, parking, security, sewer, trash, utilities
  • Cambridge Condominiums Association
  • Cambridge Condo Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02100230090012

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,665

Year Built

Built in 1964

Lot Details

0

HOA Fees

$1,889 per month

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Year Built: 1964
  • Additional Parcels: No
  • Direction Faces: East
  • Directions: IH35 west on MLK, property located in first floor of Cambridge Tower at the intersection of Lavaca and MLK
  • Disclosures: See Remarks
  • Fencing: None
  • Garage Spaces: 5
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 2123
  • Other Structures: None
  • Special Listing Conditions: Standard
  • Co List Office Mls Id: ACT5906
  • Co List Office Phone: (512) 222-3364
  • Attribution Contact: (512) 222-3364
  • Attribution Contact: (512) 222-3364
  • ETJ Extra Territorial Jurdn: Yes
  • Estimated Taxes: 9204.00
  • FEMA Flood Plain: No
  • Restrictions: None
  • Tax Exemptions: None
  • Unit Style: See Remarks
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: See Remarks
  • View: See Remarks
  • Flooring: See Remarks
  • Accessibility Features: None
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Property Condition: Resale, Good
  • Security Features: None
  • Spa Features: None
  • Window Features: See Remarks
  • ResoLivingAreaSource: Builder
  • Laundry Location: None
  • Num Dining: 0
  • Num Living: 1
  • Num Other Level Beds: 0

Exterior Features

  • Exterior Features: None
  • Roof: See Remarks
  • Foundation: See Remarks
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 5
  • Parking Features: Assigned
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: None
  • Heating: None
  • Water Source: Public
  • Cooling: See Remarks

Condo/Co-op/Association

  • HOA Fee Includes: Cable TV, Common Area Maintenance, Electricity, Heat, Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Security, Sewer, Trash, Utilities
  • Association Fee Frequency: Monthly
  • Association Fee: 1889

Association/Amenities

  • Association Name: Cambridge Condominiums
  • Association: Yes
  • Community Features: None

Schools

  • Elementary School: Pease
  • High School: Austin
  • Middle/Junior School: Martin
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: Corner Lot
  • Parcel Number: 02100230090012
  • Lot Size Acres: 0.013
  • Lot Size Sq Ft: 566.28
  • Subdivision Name: Cambridge Condo Amd

Building Info

  • Construction Materials: None
  • New Construction: No

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9665.02
  • Tax Rate: 2.20640000000000

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold -- -- --
04/08/2024 04/08/24 Pending -- -- --
01/16/2024 01/16/24 Price Changed $995,000 -0.5% $469 / Sq Ft
10/06/2023 10/06/23 For Sale $1,000,000 -- $471 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $17,188 $950,000 $271,620 $678,380
2022 $12,573 $636,634 $81,486 $555,148
2021 $12,787 $587,438 $81,486 $505,952
2020 $13,481 $628,508 $81,486 $547,022
2018 $13,614 $614,927 $67,905 $547,022
2017 $13,653 $612,211 $65,189 $547,022
2016 $10,129 $454,183 $65,189 $388,994
2015 $10,172 $427,439 $65,189 $362,250
2014 $10,172 $427,439 $65,189 $362,250
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Construction
Closed $712,000 New Conventional
Previous Owner $316,000 Unknown
Previous Owner $75,000 Unknown
Previous Owner $328,000 Commercial
Previous Owner $280,000 Unknown
Previous Owner $212,000 Commercial
Previous Owner $188,000 Balloon
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed -- Heritage Title
Vendors Lien -- Heritage Title
Warranty Deed -- None Available
Vendors Lien -- Independence Title Co
Special Warranty Deed -- Multiple
Source: Public Records

About the Listing Agent

Bryan Cady

DEN Property Group

(512) 768-6729

Section Image

Bryan Cady, Assoc. AIA is your #1 Real Estate Resource for Austin & beyond. As the exclusive Austin affiliate of Leverage Global Partners, Bryan connects discerning clientele with the best independent firms around the globe. In addition to excelling as one of the top luxury listing agents in central Austin, Bryan has achieved success for his clients as one of the top development & project marketing consultants for high-rise & multi-unit developments for more than a decade.

Bryan is the

Bryan's Other Listings

  • 313 W 17th St Unit 2406, Austin, TX 78701

    $970,000 New Construction

    • 1 Bed
    • 1 Bath
    • 942 Sq Ft
    • 313 W 17th St
    • Unit 2406
    • Austin, TX

    *** MOVE-IN READY, NEW CONSTRUCTION OPPORTUNITY *** The Linden Residences is a 28-story, contemporary tower that introduces a new concept in inspired living where world-class luxury meets Austin’s artful soul. Designed by award-winning firm Rhode Partners, this new building brings a clean and polished aesthetic that’s as striking as it is charming *** LOCATION AWAY FROM THE HUSTLE & BUSTLE ***

    Bryan Cady DEN Property Group

  • 313 W 17th St Unit 2501, Austin, TX 78701

    $1,360,000 New Construction

    • 2 Beds
    • 2 Baths
    • 1,251 Sq Ft
    • 313 W 17th St
    • Unit 2501
    • Austin, TX

    *** MOVE-IN READY, NEW CONSTRUCTION OPPORTUNITY *** The Linden Residences is a 28-story, contemporary tower that introduces a new concept in inspired living where world-class luxury meets Austin’s artful soul. Designed by award-winning firm Rhode Partners, this new building brings a clean and polished aesthetic that’s as striking as it is charming *** LOCATION AWAY FROM THE HUSTLE & BUSTLE ***

    Bryan Cady DEN Property Group

  • 313 W 17th St Unit 2105, Austin, TX 78701

    $1,230,000 New Construction

    • 1 Bed
    • 2 Baths
    • 1,130 Sq Ft
    • 313 W 17th St
    • Unit 2105
    • Austin, TX

    *** MOVE-IN READY, NEW CONSTRUCTION OPPORTUNITY *** The Linden Residences is a 28-story, contemporary tower that introduces a new concept in inspired living where world-class luxury meets Austin’s artful soul. Designed by award-winning firm Rhode Partners, this new building brings a clean and polished aesthetic that’s as striking as it is charming *** LOCATION AWAY FROM THE HUSTLE & BUSTLE ***

    Bryan Cady DEN Property Group

  • 313 W 17th St Unit 2402, Austin, TX 78701

    $737,000 New Construction

    • 1 Bed
    • 1 Bath
    • 772 Sq Ft
    • 313 W 17th St
    • Unit 2402
    • Austin, TX

    *** MOVE-IN READY, NEW CONSTRUCTION OPPORTUNITY *** The Linden Residences is a 28-story, contemporary tower that introduces a new concept in inspired living where world-class luxury meets Austin’s artful soul. Designed by award-winning firm Rhode Partners, this new building brings a clean and polished aesthetic that’s as striking as it is charming *** LOCATION AWAY FROM THE HUSTLE & BUSTLE ***

    Bryan Cady DEN Property Group

  • 313 W 17th St Unit 2403, Austin, TX 78701

    $822,500 New Construction

    • 1 Bed
    • 1 Bath
    • 850 Sq Ft
    • 313 W 17th St
    • Unit 2403
    • Austin, TX

    *** MOVE-IN READY, NEW CONSTRUCTION OPPORTUNITY *** The Linden Residences is a 28-story, contemporary tower that introduces a new concept in inspired living where world-class luxury meets Austin’s artful soul. Designed by award-winning firm Rhode Partners, this new building brings a clean and polished aesthetic that’s as striking as it is charming *** LOCATION AWAY FROM THE HUSTLE & BUSTLE ***

    Bryan Cady DEN Property Group

  • 313 W 17th St Unit 2304, Austin, TX 78701

    $2,190,000 New Construction

    • 2 Beds
    • 2 Baths
    • 1,583 Sq Ft
    • 313 W 17th St
    • Unit 2304
    • Austin, TX

    *** MOVE-IN READY, NEW CONSTRUCTION OPPORTUNITY *** The Linden Residences is a 28-story, contemporary tower that introduces a new concept in inspired living where world-class luxury meets Austin’s artful soul. Designed by award-winning firm Rhode Partners, this new building brings a clean and polished aesthetic that’s as striking as it is charming *** LOCATION AWAY FROM THE HUSTLE & BUSTLE ***

    Bryan Cady DEN Property Group

  • 360 Nueces St Unit 3504, Austin, TX 78701

    $1,695,000

    • 4 Beds
    • 2 Baths
    • 2,057 Sq Ft
    • 360 Nueces St
    • Unit 3504
    • Austin, TX

    *** One-of-a-Kind, Penthouse-style Living *** 360 Residence No. 3504 represents and is a rare, custom floor plan with 2 Bedrooms PLUS 2 Offices. This is one of only three combined residences in the building (No. 3502 & No. 3504), this home provides a unique and versatile layout with three private balconies showcasing breathtaking views of Lady Bird Lake, the Texas Hill Country, South Austin, and

    Bryan Cady DEN Property Group

  • 360 Nueces St Unit 3705, Austin, TX 78701

    $850,000 Pending

    • 2 Beds
    • 2 Baths
    • 1,225 Sq Ft
    • 360 Nueces St
    • Unit 3705
    • Austin, TX

    *** PRICED TO SELL! *** Soaring on the 37th floor of 360 Condominiums, this residence offers modern downtown living with panoramic views of the Austin skyline, Lady Bird Lake, and the 360 Bridge. Eastern exposure fills the space with stunning sunrises while floor-to-ceiling windows frame breathtaking vistas. This residence includes premium upgrades, including finished ceilings and columns in all

    Bryan Cady DEN Property Group

  • 70 Rainey St Unit 1803, Austin, TX 78701

    $595,000

    • 1 Bed
    • 1 Bath
    • 663 Sq Ft
    • 70 Rainey St
    • Unit 1803
    • Austin, TX

    *** INCLUDES STORAGE (S74) ON THE 9TH FLOOR ($25K+ Value) ***Experience the pinnacle of modern urban living in this stunning residence at 70 Rainey, one of Austin’s most sought-after high-rises. Perched on the 18th floor, this sophisticated home boasts breathtaking skyline and Lady Bird Lake views, a thoughtfully designed layout, and top-tier finishes that seamlessly blend style with comfort.

    Bryan Cady DEN Property Group

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 1619430

Unlock MLS (Austin Board of REALTORS®)

APN: 200007