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$3,200,000

NAL Estimated Property Value

710 Colorado St, Austin, TX, 78701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,047 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$496.18 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Dryer, Microwave, Free-Standing Electric Range, Refrigerator, Washer, Wine Refrigerator
FlooringTerrazzo

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size1,180 sqft

Building Information

Year Built1940
Stories1
Garage Spaces1

Land Information

APN02060121930000
SubdivisionBrown Building Lofts Condominium Amended
Land UseIndustrial
Legal DescriptionUNT LBJ BB LEVEL 1 (AKA UNITS 1,2&3) BROWN BUILDING LOFTS CONDOMINIUM AMENDED PLUS 10.04% INTEREST IN COMMON AREA
Census Tract001101
Assessed Land Value$236,462
Assessed Improvement Value$2,963,538
Assessment Year2025

About this property

** Do NOT contact property owner: Property has been leased and active listing & agency relationship remains in place. Historic Brown building! ***Owners enjoy a fantastic property tax break with historic exemption. Current owner does not have homestead exemption, but with an owner-occupied HS exemption, the taxes would be approx. 3K! The iconic Brown, built in 1938, was converted to loft spaces in 2005 and is a distinctly cool and affordable downtown Austin address. From the art deco lobby to the industrial chic interiors, there is nothing like it. The HOA fee includes a reserved parking space in the attached garage and all utilities except electricity and cable/internet, and Google fiber internet service is available in the building. The lobby and 3 elevators are accessible to owners via keyfob, and visitors are required to have code or call from an outside security box. The building has a fitness room and rooftop sundeck for owners enjoyment, is super pet-friendly. Enjoy quick access to the parking garage, too. This location is quiet, yet in the heart of Austin, close to restaurants and nightlife. Unit 2H is a unique 1 bedroom unit with a corner location, large windows and awesome natural light. This condo is true to its historic loft roots and features terrazzo floors throughout, large steel casement windows and 10.5 foot high exposed concrete ceilings. It has a terrific floorplan with a unique hall entry, a well-appointed kitchen, and large private bedroom with two custom closets. The in-unit washer and dryer, refrigerator, wine mini-fridge, and microwave will convey to buyers.

Investor Tools

Property Icon
$3,200,000
Estimated Property Value
$264,623Estimated Mortgage Balance
$2,938,324Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$19,200 /month
Positive
Cash Flow Estimate:
$6,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,676/month
$887/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$52,115
$3,200,000
2025
$236,462
$2,963,538
$3,200,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$52,115
$3,200,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susan D Stiles
Assumption
$285,000
Yes
First
Jun 8, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,623
$2,935,377
91%
8%
$1,709/mo

Learn About the Market: Opportunity in Austin

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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.

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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

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710 Colorado St | Property Details | No Agent List