Open House Mon, Nov 29th 03:00 PM - 06:00 PM - Views - Primary on Main
Address
2525 S Lamar Boulevard # 218 Austin, TX
Price
$ 489,000
Property Attributes
  • MLS#7474888
  • TypeCondos
  • CountyTRAVIS
  • CityAustin
  • Area6
  • NeighborhoodSpaces 2525 Condo
  • Zip78704
  • StyleCondominium
  • Year Built2007
  • Taxes$ 7029
  • Price$ 489,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage958
  • Lot Size1,742 SqFt
Listing Provided Courtesy Of:
McAllister & Associates
Data Source:
Austin Board of REALTORS® (ABOR) - 105 - TX
Property Description

Little Money-Making machine!! Fantastic Investment Opportunity. Property is currently an active, licensed Short term Rental on Airbnb. It has received fantastic ratings, avg daily rental rates and occupancy history. Property was remodeled just this year with over $35,000 in upgrades including painted kitchen cabinets, new Quartz countertops, new kitchen sink, faucet and cabinet hardware, wood shelving, lighting throughout, new tile in the bathroom, new bathroom sink, lighting and mirrors, walk-in master closet with all new built-ins, soundproofing wall in the master bedroom, new chandelier, new built-in shoe and storage in the guest bedroom. This is a turnkey investment property and perfect pied-e-terre. Furnishings negotiable and may also be sold with the property for a day one turnkey property. Buyer to acknowledge it is the intention of the seller to complete a 1031 exchange. Buyer agrees to cooperate with no extra expense to buyer. Buyer to honor existing rental reservations though Dec 31st, 2021 and will receive all rental future rental income as per date of closing.

Elementary School Middle School High School
Zilker Elementary School O Henry Middle School Austin High School
Price History
11/22/2021 Listed $489,000

General Features

Accessibility None
Appliances WasherDryerStacked, Dishwasher, GasCooktop, Disposal, GasWaterHeater, IceMaker, Microwave, Oven, Refrigerator, StainlessSteelAppliances
Association Fee Includes CommonAreas, Heat, HotWater, MaintenanceGrounds, Parking, Trash, Water
Association Name Spaces 2525 Condominiums
Association Y/N Yes
City Austin
Community Features CommonGroundsArea, Courtyard, DogPark
Construction Materials SeeRemarks
County Travis
Days on Market 2
Directions South on Lamar
Disclosures OwnerIsListingAgent, SellerDisclosure, SeeRemarks
Elementary School Zilker
Elementary School District Austin ISD
Exterior Features Balcony, ExteriorSteps, Lighting, PrivateEntrance
Facing Direction Northwest
Flooring Concrete
Garage Spaces 0.0
HOA Fee 211.0
HOA Fee Frequency Monthly
Heating Central
High School Austin
High School District Austin ISD
Interior Features BreakfastBar, BuiltinFeatures, CeilingFans, Chandelier, DoubleVanity, HighCeilings, HighSpeedInternet, MainLevelMaster, NoInteriorSteps, OpenFloorplan, QuartzCounters, RecessedLighting, WalkInClosets
Levels ThreeOrMore
MLS Area 6
Middle/Junior High School O Henry
Middle/Junior School District Austin ISD
New Construction No
Occupant Type Tenant
Ownership Type FeeSimple
Pool Features None
Possession CloseOfEscrow
Private Pool No
Property Sub Type Additional Condominium
Property SubType Condominium
Property Type Residential
PropertyCondition UpdatedRemodeled
Restrictions NoRestrictions
Roof SeeRemarks
Sewer PublicSewer
Spa Features None
Special Listing Conditions Standard
Standard Status Active
Status Active
Street Name Lamar
Subdivision Name Spaces 2525 Condo
Tax Annual Amount 7029.0
Tax Lot 218
Tax Year 2021
TaxAssessedValue 330311
Terms Cash, Conventional, FHA, LenderApproval, VALoan
Unit Number 218
Utilities CableAvailable, ElectricityConnected, FiberOpticAvailable, NaturalGasConnected, PhoneAvailable, SewerConnected, SeeRemarks, WaterConnected
View Garden, TreesWoods
Waterfront Features None
Year Built 2007
Yearbuiltsource PublicRecords

Interior Features

Air Conditioning Y/N Yes
Fireplace Features None
Full Baths 1
Laundry Features WasherHookup, DryerHookup, ElectricDryerHookup, Stacked
Living Area 958.0
Livingareasource PublicRecords
Main Level Bedrooms 2
Street Suffix Boulevard
Total Baths 1
Total Bedrooms 2

Exterior Features

Covered Spaces 0.0
Fencing Fenced, Partial
Foundation Details Slab
Horse Y/N No
Lot Features Landscaped, SprinklersAutomatic, SprinklersInGround, TreesLargeSize
Lot Size Acres 0.04
Lot Size Area 0.04
Parking Features AdditionalParking, Assigned, Covered
Spa No
View Y/N Yes
Water Source Public
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 78704

Price
AVG $1.01M
$490K
Taxes
AVG $16,724
$7,029
Visits
AVG 30
21
Year Built
AVG 2004
2007

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