616 W Monroe ST

Austin, TX, 78704

$3,900,000

$760 per ft²
$3,900,000
$760 per ft²
Active
Active
 - For Sale
beds
6 Beds
baths
6 Baths
carpenters-square
5,131 ft²
property_type
Residential
calendar
Built 2007
616 Monroe is a modern urban compound in the heart of Bouldin Creek and is located within walking distance of some of Austin’s best eateries and parks. The property affords a multitude of opportunities for the creative entrepreneur. The home consists of two partial steel-frame structures connected by a glass bridge. It offers a multitude of uses as an ideal STR candidate, furnished corporate rental, or a potential front-house / back-house setup with minimal modifications. The home was constructed using commercial-grade materials and includes 6 bedrooms plus an office (could be a 7th bed), 5.5 bathrooms, multiple balconies and patios, an attached garage, and a custom steel carport wrapped in solar panels. The home has two living spaces; one in the front and one in the back, a large island kitchen with ample natural light, and a second kitchenette that could be converted to a second full kitchen (ask to see plans). The home’s 24 kW solar array combines with super high-efficiency mini-split HVAC systems and LED lighting. Walls of floor-to-ceiling glass allow light to flood into the floating steel staircases with treetop views. Solid American oak floors run throughout the second-floor living spaces and polished concrete resides on the lower level. Bathrooms are wrapped in imported Turkish tile and most baths are en-suite. A floor plan is available upon request. The flexible layout consists of a 3-3 in the front house and a 3-2.5 + office in the rear home (each three stories). The property currently serves as a furnished corporate rental with 6 bedrooms plus an office. Inquire for Air BNB revenue potential and comps in the area grossing up to $300,000+ in annual rental revenue. Nearby STR’s of comparable size average $1,500 - $2,000 per night. Live in the heart of Bouldin Creek and walk to Elizabeth Street Café, Lenoir, and Polvo’s, or bike to the Town Lake Trail and Zilker Park.
MLS® ID:
1556110
Listed:
5/3/22
Updated:
6/29/22
Kuper | Sotheby's International Realty
Aaron & Julianna Scruggs

Interior Features

Kitchen Appliances
Bar Fridge, Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater-Gas
Total Bedrooms
6
Full Bathrooms
5
Half Bathrooms
1
Interior Features
2 Primary Baths, 2 Primary Suites, Built-in Features, Ceiling Fan(s), High Ceilings, Stone Counters, Double Vanity, Electric Dryer Hookup, Eat-in Kitchen, Entrance Foyer, Interior Steps, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, Walk-In Closet(s), Washer Hookup, Wet Bar
Floor Description
Bamboo, Carpet, Tile
Cooling
Central Air, Multi Units
Heating
Central

Exterior/Building Features

Lot Size
9,234 ft² lot
Exterior Features
Balcony, Exterior Steps, Gutters Full
Lot Details
Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft), Xeriscape
Roof
Metal
Sewer
Public Sewer

School Information

School District
Austin ISD
High School
Travis
Middle/Jr High
Fulmore
Elementary School
Becker

Other Property Details

Area Name
6
Taxes
$24225
Tax Frequency
per YEAR
HOA Amenities
None
Garage
Yes
Garage Spaces
1
Parking
Attached, Carport, Garage Door Opener
View
Y
County
Travis
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source
Public
Pool
No
Pool Description
None

 

Courtesy of Taylor Real Estate

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Aaron & Julianna Scruggs shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Austin/Central Texas Realty Information Service.

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Database last updated 8:51 AM UTC, 6/29/22

Kuper | Sotheby's International Realty
Aaron & Julianna Scruggs
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