616 W Monroe ST

Austin, TX 78704 View Map $3,900,000 Schedule a Tour
Beds6
Baths5Full11/2
Sq.Ft.5,131
Year2007
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Ricky Cain

Ricky Cain

(512) 675-7653
 
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Status: Active
Property Type:House
MLS #:1556110
Sq. Feet:5,131
On Site:59 Days
Lot Size:0.21 Acres
County:Travis
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 Caf , Lenoir, and Polvo's, or bike to the Town Lake Trail and Zilker Park.

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$000 Monthly Payment
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Detailed Maps

Community Information

Address:616 W Monroe ST Austin, TX 78704
County:Travis
City:Austin
Subdivision:Pace A J Mrs
Zip Code:78704

School Information

School:Austin ISD
High School:Travis
Middle School:Fulmore
Elementary School:Becker

Architecture

Bedrooms: 6
Bathrooms: 5 Full / 1 Half
Year Built:2007
Stories:Three Or More
Construction Materials: Masonry – All Sides, Stone Veneer, Stucco
Roof: Metal
Foundation: Slab
Garage Yes/No: Yes
Attached Garage Yes/No: Yes
Garage Spaces: 1
Parking Features: Attached, Carport, Garage Door Opener
Covered Spaces: 1

Features / Amenities

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
Appliances: Bar Fridge, Dishwasher, Disposal, Microwave, Free-Standing Gas Range, Stainless Steel Appliance(s), Water Heater-Gas
Flooring: Bamboo, Carpet, Tile
Exterior Features: Balcony, Exterior Steps, Gutters Full
Patio And Porch: Covered, Patio
Direction Faces: SW
Window: Blinds, Display Window(s), Double Pane Windows, Insulated Windows
Cooling: Central Air, Multi Units
Heating: Central

Rooms

Level
KitchenSecond
Primary BathroomThird
Primary BedroomThird

Property Features

Lot Size: 0.21 Acres
Lot Features: Level, Sprinkler - Automatic, Trees-Large (Over 40 Ft), Xeriscape
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer: Public Sewer
Water: Public
Fencing: Partial, Wood
Directions:From Hwy 71, head North on 1st ST. Turn left on W Monroe St, home is 3rd on the right (past coffee shop)

Tax and Financial Info

Tax Annual Amount: $24,225
Terms: Cash, Conventional
Possession: Funding

Schools

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616 W Monroe ST Austin, TX 78704
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616 W Monroe ST Austin, TX 78704
 
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Listing provided courtesy of Taylor Real Estate.
The information being provided is 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.

Listings courtesy of ACTRIS MLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of July 1, 2022 3:15 PM CST . 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.

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS). Neither the Board nor ACTRIS guarantees or is in any way responsible for its accuracy. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied. Data maintained by the Board or ACTRIS may not reflect all real estate activity in the market.

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Property Summary

616 W Monroe St
Austin, TX 78704

MLS®: 1556110

List Price: $3,900,000

Description:

MLS # 1556110: This property at 616 W Monroe St, Austin, TX 78704 is located in the Pace A J Mrs subdivision and is listed for $3,900,000. MLS # 1556110 has been on the market for 58 days.