1608 6Th StAustin, TX 78703

  • Office buildings
  • 3,402 SF

Property Details for 1608 6Th St

Year built
1923
Construction
WOOD FRAME
Lot size
0.52 AC
Property size (Sq ft)
3,402 SF
Property type
Office buildings
APN
109040613
APU
109040613

Description

This exceptional 5,586-square-foot office building presents a rare opportunity in Austin's desirable Clarksville neighborhood. Situated on a 0.52-acre lot at 1608 W. 6th Street, this single-building property boasts a General Office/Neighborhood Office (GO-NO) zoning designation, ideal for owner-occupiers seeking a strategic location. The property's prime position along the highly trafficked West 6th Street ensures excellent visibility and accessibility. Its proximity to the upcoming 6th & Blanco development, a significant mixed-use project featuring 70,000 square feet of retail and restaurants, a 57-key hotel, and 10 luxury homes (projected Q1 2027 delivery), further enhances its investment potential. This presents a unique chance to establish a presence in a rapidly growing area with strong future development prospects. The property's traditional office layout offers ample space for a variety of business needs, making it an attractive option for companies seeking a blend of convenience, visibility, and growth potential in a vibrant Austin neighborhood. The address is 1608 W 6th St, Austin, TX 78703, within Travis County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,223,161
    6.5%
    $1,129,071
    7%
    $1,048,423
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,018,525
    Geo Method
    $1,018,525
  • Alternative Use

    Use
    Valuation
    Residential Income
    $1,400,048
    Hospitality / Lodging
    $1,282,437
    Institutional / Educational
    $1,066,972
    Healthcare / Senior Housing
    $1,103,667
    Retail / Commercial
    $1,659,735

Location Insight

City
Austin
County
Travis
State
Texas
Latitude
30.2754
Longitude
-97.7632
CBSA code
12420
CBSA name
AUSTIN-ROUND ROCK, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
-
$3,543,750
$306,420
$3,850,170
-
$3,543,750
$306,420
$3,850,170

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message