Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,365,981

NAL Estimated Property Value

1611 West Ave, Austin, TX, 78701

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,384 Sq Ft
OfficeOffice
price_per_sqft$0.01 / sqft
Year BuiltBuilt in 1907

Highlights

Interior

Bathrooms 0Bathrooms 0
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
FlooringCarpet, Wood

Exterior

Lot Size8,969 sqft

Building Information

Year Built1907
Stories2
Roof Type112

Land Information

APN02110109070000
SubdivisionDivision E
Land UseCommercial
Legal DescriptionN 65FT OF W 138FT OLT 21 DIVISION E
Census Tract000700
Assessed Land Value$897,000
Assessed Improvement Value$468,981
Assessment Year2025

About this property

A Storied Gem in the Heart of Austin. Built in 1907 by Commodore E. H. Perry as his first residence in Austin, 1611 West Avenue carries a rich legacy. Years later, Perry constructed his grand estate in the Hancock neighborhood (now the Commodore Perry Estate Hotel,) designating 1611 West Ave as his personal “summer home” within the city. In the early 1940s, the home welcomed a new chapter when Thomas S. Sutherland, a prominent businessman, moved in with his family. Among them was his daughter Liz Carpenter, who would go on to become Lady Bird Johnson’s press secretary during President Lyndon B. Johnson’s administration. This elegant Victorian now serves as a distinctive office space spread across three levels. The top floor offers sweeping eastern views of the University of Texas and Downtown Austin, while the first and second floors feature spacious rooms adorned with long leaf pine floors and floor-to-ceiling windows that flood the interiors with natural light. 1611 is located just blocks from the County Courthouse, making it a prime location for legal professionals and businesses alike. Original architectural details such as crown molding, ornate light fixtures, wood-framed windows, and a classic fireplace blend seamlessly with modern amenities, including mini kitchens and bathrooms on each level, carpeted offices, and 11 dedicated parking spaces. Thoughtfully updated for today’s professional needs. 1611 West Ave is more than just a workspace—it’s a piece of Austin’s history dating back to the early 20th century combining size, early Austin architectural charm, and a story that connects past and present.

Investor Tools

Property Icon
$1,365,981
Estimated Property Value
$346,342Estimated Mortgage Balance
$1,021,054Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,196 /month
Positive
Cash Flow Estimate:
$2,732 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,337/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$33,209
$1,365,981
2025
$897,000
$468,981
$1,365,981
No

Tax History

Year
Tax Paid
Assessed Value
2024
$33,209
$1,365,981

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Citizens Bank & Trust Co
Commercial
$389,836
No
First
Jun 15, 2020
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,342
$1,019,639
74%
25%
$2,338/mo

Learn About the Market: Opportunity in Austin

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1611 West Ave | Property Details | No Agent List