800 Brazos St, Austin, TX 78701
Brazos Place was originally built in 1948 as the 14 story Commodore Perry Hotel. In 1984 the building was converted into offices and renamed One Commodore Plaza. It’s rebirth into 72 residential condominiums was complete in 2008. The location of Brazos Place is unique in that sits between the Texas State Capitol, 6th Street Entertainment District, and Congress Ave. Prices have ranged from 250s to 1.5MM.At the base of the condominium a massive lobby welcomes guests. There is a 24 hour concierge and valet parking. While not true lofts, the architecture includes stylized elements such as exposed duct work and concrete floors.
Brazos Place Condos’ HOA rules are exceptionally valuable to owners and investors by permitting lease terms as short as one-month in duration. This flexibility is very unique compared to most downtown Austin high rises which require leases to be at least 6-12 months long. This flexibility enables owners to host corporate/executive rentals.
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(all data current as of 12/22/2014)
$319,000 : 800 Brazos ST, Unit 806, Austin1 bed, 1 full bath
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