1801 Lavaca Street, Unit 1B

Austin, TX 78701

$995,000
Price
Studio
Beds
2,123 Sq. Ft.
$469 / Sq. Ft.
2,123
Sq. Ft.
$469
per Sq. Ft.

Description

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...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!
  1. Listed by Bryan Cady • TREC #0526188 • DEN Property Group • (512) 222-3364
  2. Listed by Emily Lottman • TREC #0664915 • DEN Property Group

Property Details for 1801 Lavaca Street, Unit 1B

Subdivision Name
Cambridge Condo Amd
Waterfront
No
Waterfront Description
None
Water Access Description
None
Parcel Number
02100230090012
Elementary School
Pease
Elementary School District
Austin ISD
Middle Or Junior School
Martin

Location

Listing Courtesy of DEN Property Group, Bryan Cady, TREC #0526188; DEN Property Group, Emily Lottman, TREC #0664915
Add your commute
LISTING UPDATED: 04/08/2024 03:54 PM

Property Details for 1801 Lavaca Street, Unit 1B

StatusActive Under Contract
MLS #1619430
Days on Market203
Taxes$9,665 / year
HOA Fees$1,889 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1964
CountyTravis County

Location

Listing Courtesy of DEN Property Group, Bryan Cady, TREC #0526188; DEN Property Group, Emily Lottman, TREC #0664915
Add your commute

Building Information for 1801 Lavaca Street, Unit 1B

Building/Complex1801 Lavaca StFloor1Stories1Residences-Pet Policy-Year Built1964

Payment Calculator

$8,125 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$805

HOA Dues

$1,889

The Payment Calculator is for illustrative purposes only.

Property Information for 1801 Lavaca Street, Unit 1B

General Information
Parking
  • Garage Spaces: 5
  • Parking Total: 5
  • Parking Features: Assigned
  • Garage: Yes
  • Covered Spaces: 5
Interior
  • Interior Features: See Remarks
  • Flooring: See Remarks
Exterior
  • Exterior Features: None
  • New Construction: No
  • Foundation Details: See Remarks
  • Patio And Porch Features: None
  • Roof: See Remarks
  • Fencing: None
  • Direction Faces: East
  • Window Features: See Remarks
  • Accessibility Features: None
  • Community Features: None
Property Information
Lot Information
  • Lot Features: Corner Lot
  • Horse: No
  • Horse Amenities: None
Utilities
  • Cooling: See Remarks
  • Heating YN: No
  • Heating: None
  • Sewer: Public Sewer
  • Utilities: None
  • Water Source: Public
Room Information
Room 1
  • Room Type: Bathroom
  • Room Level: Main
  • Room Features: None
  • Room Description: To be built out
Room 2
  • Room Type: Bedroom
  • Room Level: Main
  • Room Features: None
  • Room Description: To be built out
Room 3
  • Room Type: Kitchen
  • Room Level: Main
  • Room Features: See Remarks, Storage
Room 4
  • Room Type: Living Room
  • Room Level: Main
  • Room Features: See Remarks
Unit Information
Unit 1
  • Permission: IDX
Unit 2
  • Permission: IDX
Unit 3
  • Permission: IDX
Unit 4
  • Permission: IDX
Financial Information
Taxes and HOA Information
  • Association: Yes
  • Association Name: Cambridge Condominiums
  • Association Fee Includes: Common Area Maintenance, Cable TV, Electricity, Heat, Hot Water, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Security, Trash, Utilities, Water
  • Tax Assessed Value: $950,000
  • Additional Parcels: No
  • Tax Year: 2023
  • Tax Rate: 2.21%
Showing Information
Showing Information
  • Security Features: None
  • Directions: IH35 west on MLK, property located in first floor of Cambridge Tower at the intersection of Lavaca and MLK

Property History for 1801 Lavaca Street, Unit 1B

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1801 Lavaca Street, Unit 1B

This home is within Austin Independent School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Lee Elementary School
PublicK to 6

Kealing Middle School
Public6 to 8

Mccallum High School
Public9 to 12

Garza Independence High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DEN Property Group, Bryan Cady, TREC #0526188; DEN Property Group, Emily Lottman, TREC #0664915

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2024] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.