616 W Monroe Street
- $3,900,000
- 6 Beds, 6 Bath, 5131 SQ. Feet, 0.21 Acres Residential Austin, TX 78704
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.
Essential Information
- MLS® #1556110
- Price$3,900,000
- Bedrooms6
- Bathrooms6.00
- Full Baths5
- Half Baths1
- Square Footage5,131
- Acres0.21
- Year Built2007
- TypeResidential
- Sub-TypeSingle Family Residence
- StatusActive
Community Information
- Address616 W Monroe Street
- SubdivisionPace A J Mrs
- CityAustin
- CountyTravis
- StateTX
- Zip Code78704
Amenities
- FeaturesNone
- # of Garages1
- GaragesGarage Door Opener
- ViewNone
- WaterfrontNone
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking
Attached, Carport, Garage, Garage Door Opener
Interior
- InteriorBamboo, Carpet, Tile
- HeatingCentral
- CoolingCentral Air, Multi Units
- StoriesThree Or More
Appliances
Bar Fridge, Dishwasher, Free-Standing Gas Range, Disposal, Gas Water Heater, Microwave, Stainless Steel Appliance(s)
Exterior
- RoofMetal
- ConstructionMasonry, Stone Veneer, Stucco
- FoundationSlab
Exterior Features
Balcony, Exterior Steps, Rain Gutters
Lot Description
Level, Sprinklers Automatic, Trees Large Size, Xeriscape
Windows
Blinds, Double Pane Windows, Insulated Windows, Display Window(s)
School Information
- DistrictAustin ISD
- ElementaryBecker
- MiddleFulmore
- HighTravis
Property Listed by: 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.
Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS) from May 29th, 2022 at 1:46am CDT. 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.