$3,900,000
6 Beds
5.5 Baths
5,131 SqFt
0.21 Acre Lot
9,234 Sqft Lot
Status Active
Property Type Single Family Residence
Year Built 2007
Neighborhood Pace A J Mrs
Days on Website 63

Property Map

$3,900,000 – 616 W Monroe Street, Austin, TX 78704

Street View

Property listed by Taylor Real Estate.

Description

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.

Property Details and Features

Appliances and Equipment

  • Bar Fridge
  • Dishwasher
  • Free-Standing Gas Range
  • Disposal
  • Gas Water Heater
  • Microwave
  • Stainless Steel Appliance(s)

Bathrooms

  • 1 half bathroom
  • 5 full bathrooms
  • 6 total bathrooms

Bedrooms

  • 6 total bedrooms
  • 3 bedrooms on main level

House

  • Built in 2007
  • 5,131 sqft living area
  • Masonry
  • Stone Veneer
  • Stucco

Disclosures

  • Seller Disclosure

Exterior Features

  • Balcony
  • Exterior Steps
  • Rain Gutters

Fence

  • Partial
  • Wood

Floors

  • Bamboo
  • Carpet
  • Tile

Foundation

  • Slab

Garage

  • 1 garage space

Heating

  • Central

Interior Features

  • Wet Bar
  • Built-in Features
  • Ceiling Fan(s)
  • Separate/Formal Dining Room
  • Double Vanity
  • Entrance Foyer
  • Eat-in Kitchen
  • High Ceilings
  • Interior Steps
  • Kitchen Island
  • Multiple Living Areas
  • Multiple Dining Areas
  • Multiple Master Suites
  • Stone Counters
  • Walk-In Closet(s)

Laundry

  • Washer Hookup
  • Electric Dryer Hookup

Listing

  • Property Subtype: Single Family Residence
  • Listed on 2022-05-04

Location

  • County: Travis
  • Subdivision: Pace A J Mrs

Lot

  • 0.212 acres
  • Area: 0.212
  • Level
  • Sprinklers Automatic
  • Trees Large Size
  • Xeriscape

Energy Saving

  • Solar Panel(s)

Parking

  • 1 covered space
  • Attached
  • Carport
  • Garage
  • Garage Door Opener

Possession

  • Closing & Funding

Property

  • Resale

Roof

  • Metal

Schools

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

Sewer

  • Public Sewer

Taxes

  • Annual Amount: $24,225
  • Year: 2021

Utilities

  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected

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