904 West Update

Below is an update from Noa Levy and 904 West Ave condos. I was able to preview this rehab last month and left impressed with the quality and design. Calling it a rehab doesn’t paint the full picture, as nearly everything is new – the studs, flooring, plumbing, electrical, all new.  You can find pricing and floor plans on their website 904west.com, and I’ve prepared a spreadsheet of their pricing which you can download here.  To update our previous coverage of 904 West pricing, asking prices begin in the $160s, and including the outdoor living space, prices average ~$329/ft.

First and foremost our contracts ready. The first phase of the project which includes 5 Residences, 3 live-works and 1 commercial space will be available to be occupied by January 1, 2010. We are offering private tours at this time and have finish boards and upgrade spec sheets in our office. 2% earnest money is required to go into contract.

We have secured 2 preferred lenders, SWBC Mortgage and Colonial National Mortgage, and we are happy to help you pre-qualify any interested parties.

To give you a quick recap about 904 West, the project is a mixed-use/multi-family style development with 33 units comprised of 2 commercial spaces, 9 live/work spaces, 13 residences, and 9 urban bungalows starting in the $160K’s. 904 West is a high-rise alternative with many green features including the first in downtown Austin to offer a photovoltaic solar energy system that will decrease resident’s energy bills. Moreover, residents can monitor their usage online and adjust accordingly. Other green features include LED lighting throughout the building, Energy Star rated Bosch stainless appliances, energy efficient heating and cooling equipment, and many green building materials.

The building will include a secured lobby, secured garage, semi-covered central atrium with meeting spaces, elevator, and private swimming pool. The property is adjacent to Duncan Park and walking distance to Whole Foods, Shoal Creek hike and bike trail, and all the shops, eateries, and entertainment downtown Austin has to offer. In addition, it is very close to major employers, the State Capitol, Courthouse for those who are seeking work opportunities or office space downtown.

About Jude Galligan

Jude Galligan, REALTOR, Principal of TOWERS Realty and publisher of Downtown Austin Blog (aka. "DAB"), spends his time matching remarkable people with remarkable properties in Austin’s urban core. A resident owner in downtown Austin, Jude has served on the Board of the Downtown Austin Alliance (DAA) and the City of Austin Downtown Commission. Contact Jude.

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