4 months on rocket

708 S 1st St, Austin, TX, 78704

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,912 SqFt
$639/SqFt
Multi
Schools Nearby

Location

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708 S 1st St, Austin$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPaved, Parking Lot, Private
Year Built1981
HeatingCentral
CoolingCentral Air
WaterfrontNone
FireplaceFamily Room
ViewNone
MLS #8031532
Lot Size0.21 Acres
StatusActive

About 708 S 1st St

STUNNING PRIME LOCATION.Money maker. Eight unit complex perched atop booming south 1st street .Two minutes walking distance to the heart of it all yet private and serene. Currently an operating vacation rental business with city license and permits . Ideal opportunity to own two quadruplex's with stainless steel appliances, Romeo and Juliet balconies and private backyards. Each unit is approximately 1000 sq ft . Walk five minutes to South Congress , Lady Bird Lake hike & bike trails, shops, boutiques and restaurants. Unique use and investment possibilities!

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 2
  • Living Area: 3,912 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (512) 876-2265
  • Listing Agent: Dominique Davalos

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Disposal, Gas Range, Refrigerator
  • Flooring Type: Bamboo, Tile
  • Interior: Ceiling Fan(s), French Door(s)/Atrium Door(s), Granite Counters, High Ceilings, High Speed Internet, Interior Steps, Pantry, Storage
  • Fireplace: Family Room

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Private Yard, Uncovered Courtyard

Parking Information:

  • Parking: Paved, Parking Lot, Private

Virtual/3D Tour

  • Virtual Tour: 708 S 1st St

Virtual Tour

Lot Features

Lot Information:

  • Lot: Trees, Private
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Travis High School, Public District Grades 9-12
  • Fulmore Middle School, Public District Grades 6-8
  • Becker Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From downtown Austin , go south on south 1st street .Property on west side of street. Two blocks south of Barton Springs Road .

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $639/SqFt

Tax Information:

  • Annual Amount: $18,020
  • Tax Year: 2020
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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

708 S 1st St vs Austin

126 DAYS ON ROCKET

+80 Days

$2,500,000

+$1.9M More

$639/SqFt

+$328 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $328/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: #8031532

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (512) 876-2265
  • Listing Agent: Dominique Davalos

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: 5/1/2024, 11:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$18,020$809,300
2019$17,358$809,300
2018$21,033$950,000
2017$22,425$950,000

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-4442342
6
/10

  • Becker Elementary School

  • 906 W Milton St

  • 0.57 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4442343
4
/10

  • Fulmore Middle School

  • 201 E Mary St

  • 0.81 miles

  • Public District Grades 6-8

High School

school-card-donut-4442344
3
/10

  • Travis High School

  • 1211 E Oltorf St

  • 1.66 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 $42,331. The majority of Austin, TX residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Texas›Travis County›Austin›78704›708 S 1st St

This home is located at 708 S 1st St in Austin, TX and zip code 78704 in the South Central neighborhood. This 3,912 square foot home, which was built in 1981, sits on a 0.21 acre lot. It has been listed on Rocket Homes since December 28, 2023 and is currently priced at $2,500,000.

In April 2024 more than 195 listings in Austin, TX were sold above the asking price. During the same period more than 158 listings were sold at asking price, while more than 571 were sold below. Between March 2024 and April 2024, Austin, TX real estate market has seen increase in the number of listings by 18.7%. While the average time on the market in April 2024 was 46 days, the median list price was $568,336.

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

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