Austin  »  78701  »  Downtown Austin

615 West 7th Street, Austin, TX 78701

Downtown Austin, Austin
Building in Downtown Austin
1 Stories
Built in 2013
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Welcome to 615 West 7th Street, a building located in Downtown Austin, Austin in Austin, TX. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2013. This is a single story building. Finally, 615 West 7th Street was most recently sold on Sep 19, 2017 for $56,625,000. The market value for the land that the building sits on has been listed at $6,447,098. In addition, improvements upon the building have an added value of $86,522,902. In total, the total market value of the property as a whole is $92,970,000. According to local assessors, the total value of the building is currently valued at $92,970,000. Specifically, the value of the land that the property sits on has been assessed at $6,447,098. The building was last assessed in 2023. There are another one buildings located on the same land that 615 West 7th Street was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Fitness Center
Policies
Dogs Allowed
Facts
General
Year Built
2013
Effective Year Built
2013
Building Count
3
Bedroom Count
0
Building Condition
Average
Building Quality
C
Construction Type
unknown
Building Style
Multifamily
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
1
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
Garage
Garage Square Area
159,600
Parking Space Count
500
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
BLOCK 075 ORIGINAL CITY AMENDED PLAT OF
Land Acres
0.585
Standard Land Use Code
Multi-family dwellings (generic, 2+)
County Land Use Code
unknown
State Land Use Code
unknown
Legal Description 1
LOT 6A BLOCK 075 ORIGINAL CITY AMENDED PLAT OF LOTS 5&6 & LOTS 7-8 BLOCK 075 ORIGINAL CITY
Ownership
Current Owner
GS RIO LP
Current Owner's Name
GS RIO LP
Previous Owner
MONOGRAM RESIDENTIAL RIO PROJECT OWNER L
Previous Owner's Name
BEHRINGER HARVARD RIO PROJECT OWNER LP
Owner Address - City
HOUSTON
Owner Address - State
TX
Owner Address - ZIP Code
77057
Owner Before Previous Owner
CWS 7 RIO LP
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Austin Independent School District
School Tax School District
AUSTIN ISD
Census Tract
001101
Census Block Code
1037
Census Group
1
Census Year
2018
Census - County FIPS
48453
Census - Full FIPS
484530011001037
Census - Metro Micro Statistical Area - Area Code
12420
Census - Metro Micro Statistical Area - Area Name
Austin-Round Rock, TX
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4805000
Census Source
US Census Bureau
Census State FIPS
48
Census Tract Code
001100
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4808940
School District - Unified - Name
Austin Independent School District
Zoning
Geography
Assessors Map Reference
0107000708
Account Number
807118
Parcel
807118
Block
075
Lot
6A,7-
Lot Code
unknown
Municipality
CITY OF AUSTIN
Latitude
30.2705
Longitude
-97.7488
FIPS
48453
Mailing Carrier Code
C031
Mailing Full Street Address
750 BERING DR STE 300
Mailing House Number
750
Mailing Street Mode
DR
Mailing Street
BERING
Mailing Unit Number
300
Mailing Unit Type
STE
Mailing 4-Digit Zip Code
2132
Old APN
01070007080000
Geo Status Code
unknown
Valuation
Timestamp
2023-08-17 03:38:25
UCID Flag
C
More About The Building
In total, the building area is listed as 203,366 square feet. The building itself has 203,366 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 615 West 7th Street is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Downtown Austin area have a median price of $3,350. Those in the 25th percentile, have a price around $2,200. While those in the 75th percentile, have a price around $5,000. Typically, the buildings in this area have a median sqft of 910. That means that the median price per sqft is around $4. In other words, the price per sqft for buildings in the 25th percentile is $3. While the price per sqft for buildings in the 75th percentile is $5. As a breakdown, we've included the following stats:

  • There are currently a total of 10 studio listings. The median price for these types of listings is $1,950. That's $4.00 price per sqft.

  • There are currently a total of 86 one bedroom listings. The median price for these types of listings is $2,725. That's $3.58 price per sqft.

  • There are currently a total of 59 two bedroom listings. The median price for these types of listings is $3,850. That's $3.91 price per sqft.

  • There are currently a total of 16 three bedroom listings. The median price for these types of listings is $10,000. That's $5.21 price per sqft.

  • There are currently a total of 2 four bedroom listings. The median price for these types of listings is $43,375. That's $5.62 price per sqft.
About The Area
615 West 7th Street is located in Travis County, Texas. There are 1,148,176 people living here. There are 437,831 households. Most of these households have an average family size of 3.3 people. According to the census, 48% are currently renting while 52% own their homes. The median age of this population is around 33.3 years old. On average, most folks in the county are unmarried. About 31% of folks speak a language other than English in this area. The area's employment rate is currently around 68.4%. Speaking of employment, the median income is $64,422. Most folks will commute by car for around 25.0 minutes. Finally, we know that 17% of residents in the area have graduated with their high school degree. Additionally, 30% and 17% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Austin, TX Urban Area has a population of 1,539,746 people. Based on census records, there are 567,769 registered households. Families in this area are on average made up of 3.36 people per household. Most folks are unmarried. They are also typically around 33.4 years old. Does diversity matter to you? Right now, 29% of folks speak a language other than English here. About 45% rent while 55% purchased their homes. Right now, the community is made up of 17% of residents who have graduated with at least a high school degree. On top of that, 29% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 68.2%. Those employed, have a median income of $67,435. If you move here, you can expect to commute mostly by car for around 25.4 minutes.

$1,950
Studio Median Rent
$2,725
1BR Median Rent
$3,850
2BR Median Rent
$10,000
3BR Median Rent
PUBLIC TRANSIT
4
5
484
103
714 6th/West (Under 500 ft - 3 min walk)
Capital Metro
4
5
484
663
5th/Nueces (690 ft - 3 min walk)
Capital Metro
4
5
484
5th/West (820 ft - 3 min walk)
Capital Metro
980
985
5th/San Antonio (870 ft - 4 min walk)
Capital Metro
4
5
842 6th/Wood (1020 ft - 4 min walk)
Capital Metro

Nearby Schools

(within attendance boundary)
PEASE EL  •  0.31 mi
1106 Rio Grande St, Austin, TX 78701
Public  •  Elementary  •  Grades KG to 6
Austin Independent School District
KEALING M S  •  1.62 mi
1607 Pennsylvania Ave, Austin, TX 78702
Public  •  Middle School  •  Grades 6 to 8
Austin Independent School District
TRAVIS COUNTY J J A E P  •  0.43 mi
1111 W 6th St, Austin, TX 78703
Public  •  High School  •  Grades 8 to 12
Austin Independent School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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