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800 W 5th ST #705 Austin, TX 78703

Active Under Contract
$740,000
800 W 5th ST #705 Austin, TX 78703
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TX > Austin > Austin City Lofts Amd
Austin, TX 78703,800 W 5th ST #705
Austin, TX 78703,800 W 5th ST #705
Austin, TX 78703,800 W 5th ST #705
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Balak Mariappan

Balak Mariappan

reachbalakm@gmail.com +1(503) 880-5881
$740,000
Est. payment /mo
2 Beds
2 Baths
1,482 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,482 sqft

Price per Sqft $499

Subdivision Austin City Lofts Amd

MLS Listing ID 1386745

Style High Rise (8-13 Stories)

Bedrooms 2

Full Baths 2

HOA Fees $1,534/mo

HOA Y/N Yes

Year Built 2003

Tax Year 2024

Lot Size 361 Sqft

Acres 0.0083

Property Sub-Type Condominium

Source actris

Property Description

ASSUMABLE LOAN : 2.6% Interest rate, 30 year conventional, $483,000 remaining balance, insurance and taxes escrowed, payments are $1,650 every 2 weeks.Rare opportunity to own a two bedroom unit in Austin City Lofts, a boutique luxury building with only 82 residences located in one of downtown Austin's most walkable and desirable neighborhoods.

This true urban loft offers 1,482 square feet with 2 bedrooms and 2 full bathrooms, priced at just $499 per square foot, making it the best value 2-bedroom condo currently available in the Market District. An assumable mortgage at an ultra-low 2.6% interest rate is available to qualified buyers, representing an opportunity for significant savings compared to prevailing mortgage rates.

The residence features floor-to-ceiling windows, exposed concrete ceilings and floors, and expansive views of the downtown Austin skyline. The open-concept kitchen is equipped with stone countertops, gas cooking, and premium Viking stainless steel appliances. The spacious owner's suite includes a large walk-in closet, huge soaking tub, separate shower, and dual vanities with Grohe hardware. The second bedroom offers excellent flexibility for a guest space, home office, or both. The condo comes with two reserved parking spaces and a spacious private storage unit located adjacent to them.

Extensive renovations completed in 2021 included new flooring throughout, remodeled kitchen and bathrooms, and a custom, interior designer–created color wash applied to all walls. New HVAC system installed in 2023.

Austin City Lofts is located just one block from Whole Foods and West 6th Street's vibrant restaurants and nightlife, and only three blocks to the Lady Bird Lake hike-and-bike trail, offering the best of city living. Building amenities include a 24-hour concierge, secure private lobby, resort-style pool and hot tub, outdoor dining loggia with grilling area, and a limited-access parking garage.

Location

State TX

County Travis

Rooms

Main Level Bedrooms 2

Interior

Interior Features Ceiling Fan(s), Granite Counters, Double Vanity, Primary Bedroom on Main, Stackable W/D Connections, Walk-In Closet(s)

Heating Central

Cooling Central Air

Flooring Concrete, Tile

Fireplace No

Appliance Dishwasher, Disposal, Dryer, Microwave, Free-Standing Gas Range, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Fence Partial

Pool In Ground, See Remarks

Community Features BBQ Pit/Grill, Cluster Mailbox, Common Grounds, Concierge, Controlled Access, Hot Tub, Pool

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available

Waterfront Description None

View City

Roof Type See Remarks

Porch Patio

Total Parking Spaces 2

Private Pool Yes

Building

Lot Description City Lot, Views

Faces South

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Concrete,Metal Siding,See Remarks

New Construction No

Schools

Elementary Schools Mathews

Middle Schools O Henry

High Schools Austin

School District Austin Isd

Others

HOA Fee Include Water,Sewer,Trash

Special Listing Condition Standard


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Listed by AIR Property Group

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Balak Mariappan

+1(503) 880-5881

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+1(503) 880-5881 reachbalakm@gmail.com

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