5 months on rocket

1503 E 3rd St Unit A & B, Austin, TX, 78702

$1,398,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
4 Full Baths
2,371 SqFt
$590/SqFt
Condo
Schools Nearby

Location

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1503 E 3rd St Unit A & B, Austin$1,398,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Carport
Year Built2020
HeatingWall Furnace
CoolingCeiling Fan(s), Ductless
WaterfrontNone
FireplaceNone
ViewNone
MLS #8527682
Lot Size0.10 Acres
StatusActive

About 1503 E 3rd St Unit A & B

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). 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. (2023 NET STR rent for both properties available by request). 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

Property Details

Property Features

Property Information:

  • Year Built: 2020
  • Stories: 2
  • Living Area: 2,371 SqFt

Listing Office:

  • Office Name: @ properties Christie's International
  • Office Phone: (512) 825-8891
  • Listing Agent: Monica Fabbio

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater
  • Flooring Type: Vinyl
  • Interior: Ceiling Fan(s), High Ceilings, Interior Steps, Multiple Living Areas, Recessed Lighting, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: None
  • View: None
  • Exterior: No Exterior Steps

Parking Information:

  • Parking: Covered, Carport

Lot Features

Lot Information:

  • Lot: Trees, Near Public Transit
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Austin High School, Public District Grades 9-12
  • Martin Middle School, Public District Grades 6-8
  • Sanchez Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,398,000
  • Price Per SqFt: $590/SqFt
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Housing Market Comparison

See how this home compares to others in Austin, TX.

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Austin, TX

City

Med. Sold Price

$568.3K

Med. Price/SqFt

$310

Avg. Days On Market

46

# of Sold Homes

925

1503 E 3rd St Unit A & B vs Austin

155 DAYS ON ROCKET

+109 Days

$1,398,000

+$829.6K More

$590/SqFt

+$279 More

KEY TAKEAWAY

This property is $829.6K more than the Median Sold Price and $279/SqFt more than other homes in Austin, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: ACTRIS
  • MLS Number: #8527682

Listing Office:

  • Office Name: @ properties Christie's International
  • Office Phone: (512) 825-8891
  • Listing Agent: Monica Fabbio

IDX Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.

Copyright 2024 Unlock MLS and Austin Central Texas Realty Information Services, Inc.

IDX Listings courtesy of Unlock MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 6/1/2024, 12:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$7,045

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,258

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5982170
5
/10

  • Sanchez Elementary School

  • 73 San Marcos St

  • 0.44 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5982171
2
/10

  • Martin Middle School

  • 1601 Haskell St

  • 0.52 miles

  • Public District Grades 6-8

High School

school-card-donut-5982172
6
/10

  • Austin High School

  • 1715 W Cesar Chavez St

  • 2.53 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,596. The most common annual income of people living in Austin, TX is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1503 E 3rd St Unit A & B

What is the listing price of this property?

The listing price of 1503 E 3rd St Unit A & B property is $1,398,000.

What type of property is this?

The property 1503 E 3rd St Unit A & B is a condo located in Austin, Texas, 78702.

Is this property for sale now?

Active Listing: 1503 E 3rd St Unit A & B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1503 E 3rd St Unit A & B are:
Sanchez Elementary School: GreatSchools Rating 5/10
Martin Middle School: GreatSchools Rating 2/10
Austin High School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1503 E 3rd St Unit A & B has 6 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1503 E 3rd St Unit A & B is 2,371 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1503 E 3rd St Unit A & B is 2020.

Rocket Homes›Texas›Travis County›Austin›78702›1503 E 3rd St Unit A & B

This home is located at 1503 E 3rd St Unit A & B in Austin, TX and zip code 78702 in the East neighborhood. This 2,371 square foot home, which was built in 2020, sits on a 0.10 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $1,398,000.

Over 195 listings were sold over their listed price in April 2024 in Austin, TX. In the same period over 571 listings were sold below the listed price and 158 listings were sold for the listed price. The inventory of homes for sale in Austin, TX between March 2024 and April 2024 increased by 18.7%. The median list price of listings available in April 2024 was $568,336, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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