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Downtown Austin Real Estate

1101 Shoal Creek Blvd #14 - MLS# 1735883
  • $359,000
  • Pending
  • Taking Backups
  • MLS® #: 1735883 
  • Terrace On Shoal Creek Condominiums
  • 1101 Shoal Creek Blvd #14
  • Austin, TX 78701
  •   2 BD 2 BA 1250 Sq Ft 0.03 AC
  • Residential
Office: Uptown Realty LLC
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507 Sabine St #609 - MLS# 4015334
  • $350,000
  • Pending
  • Taking Backups
  • MLS® #: 4015334 
  • Sabine On 05 Residential Condo
  • 507 Sabine St #609
  • Austin, TX 78701
  •   2 BD 1 BA 916 Sq Ft
  • Residential
Office: Twelve Rivers Realty
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54 Rainey St #1017 - MLS# 7440735
  • $349,900
  • Pending
  • Taking Backups
  • MLS® #: 7440735 
  • Milago Condo
  • 54 Rainey St #1017
  • Austin, TX 78701
  •   1 BD 1 BA 865 Sq Ft 0.01 AC
  • Residential
Office: Urbanspace
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800 Brazos St #704 - MLS# 4946495
  • $325,000
  • Pending
  • Taking Backups
  • MLS® #: 4946495 
  • Brazos Place Condo
  • 800 Brazos St #704
  • Austin, TX 78701
  •   1 BD 1 BA 723 Sq Ft
  • Residential
Office: Perfect Tree Realty
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710 Colorado St #g-2 - MLS# 9672810
  • $289,000
  • Pending
  • Taking Backups
  • MLS® #: 9672810 
  • Brown Bldg Lofts Condo
  • 710 Colorado St #g-2
  • Austin, TX 78701
  •   1 BA 638 Sq Ft
  • Residential
Office: Pauly Presley Realty
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603 Davis St #708 - MLS# 4967518
  • $263,500
  • Pending
  • Taking Backups
  • MLS® #: 4967518 
  • Shore A Condo
  • 603 Davis St #708
  • Austin, TX 78701
  •   1 BA 503 Sq Ft
  • Residential
Office: DEN Property Group
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1700 Nueces St #206 - MLS# 7916224
  • $184,500
  • Pending
  • Taking Backups
  • MLS® #: 7916224 
  • 1700 Nueces Condo
  • 1700 Nueces St #206
  • Austin, TX 78701
  •   1 BD 1 BA 488 Sq Ft 0.01 AC
  • Residential
Office: Keller Williams Realty-RR
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Downtown Austin Real Estate Housing Market Trends

# Listings Average DOM Average Price Average $/SqFt Median Price Median $/SqFt Average % Reduced
Active Listings 97 92 $1,126,407 $642 $1,070,000 $915 3%
Pending Listings 31 67 $532,732 $483 $449,000 $600 1%
Sold Last 6 Months (Unlock Sold Listings) 250 60 $657,643 $526 $442,500 $515 3%

*Downtown Austin Market Stats are based on Austin MLS data as of May 25th, 2016 at 9:15pm CDT.

Downtown Austin Condos

Deep in the heart of Texas lies the city of Austin with a population of over 2,000,000 people residing within the city limits. According to the Downtown Austin Alliance, the area represents a fast growing and continually expanding marketplace. Downtown Austin homes for sale include 844 condominiums under construction in addition to over 2,500 units built since 2000. With Austin’s reputation as a “best city” and its ranking as one of the 11th largest cities in the U.S., it is no wonder that buyers searching in the area have a lot of real estate opportunities to consider.

Established in the early to mid-1830s, Edwin Waller designed Downtown Austin in a grid pattern over 640 acres. Even though Austin has experienced rapid growth at the street level, by viewing Downtown Austin’s impressive skyline, much of Waller’s design is still obvious today. The central business district and surrounding streets encompass portions of Travis County’s 78701 and 78703 zip codes. For buyers, Downtown Austin is considered to be between Martin Luther King Boulevard to the north, the Colorado River (Lady Bird Lake) to the south, Interstate 35 to the east and N Lamar Boulevard to the west. The city spreads out on either side of the main street, Congress Avenue, which leads from the Colorado River to the Texas State Capitol.

Several districts divide Downtown Austin. Congress Avenue is the main boulevard with government buildings, hotels, and retail businesses lining the wide roadway. Downtown Austin’s Sixth Street District is well-known for its history and is the main entertainment district. With almost 23 million visitors a year, Downtown Austin’s Second Street District offers visitors dining and shopping. Rainey Street’s bars and eateries, hosted in tiny bungalows, are in walkable neighborhoods. The Red River Cultural District, running between the 600 to 900-block of Red River Street is home to some of Austin’s finest galleries, art shops, and music venues.

Buyers considering Downtown Austin homes for sale will find luxury condo towers as well as smaller garden-style or loft condominiums. With an average size of over 1,500 square feet, Downtown Austin condos for sale offer an upscale, urban lifestyle with a sophisticated yet laid-back feel.

Where is Downtown Austin?

Downtown Austin is just over 8 miles from Austin-Bergstrom International Airport. The primary corridor running through the city is Interstate 35 going north to Dallas or south to San Antonio. The Colorado River winds its way down from Lake Travis flowing through the city. Three bridges cross the river from South Austin into Downtown Austin at S Lamar Boulevard, S 1st Street, and S Congress Street. The Capital Metro Downtown Station provides convenient rail transportation to major employment centers north of the city.

Things to do in Downtown Austin

Downtown Austin’s city life is rich with activities and events from dawn to late in the evening. During the day, Lady Bird Lake and Zilker Park offer several options for exercise including paddle boarding or kayaking and walking or biking along the path that loops along the water. Zilker Metropolitan Park features sports fields, a dog park, the Zilker Botanical Garden and Umlauf Sculpture Garden provide buyers of Downtown Austin homes for sale multiple opportunities to enjoy Texas’ fabulous weather throughout the year. After sunset, Downtown Austin’s music venues come alive, restaurants fill, and the streets stay busy with visitors and residents into the early morning hours.

Unlike many major cities that lack substantial retail within city limits, Downtown Austin is fortunate to have the Whole Foods flagship location within walking distance of many homes and offices. Whether for groceries or a quick bite to eat in their café, the store features gourmet foods, fresh fruits and vegetables, beer and wine and personal care items. You can get your shopping fix at the 2nd Street District, South Congress Avenue, and the Lamar Blvd shops.

Downtown Austin Schools

Austin ISD serves students living in Downtown Austin. Several highly rated public and private schools are within the city limits including seven elementary schools (K-5) and six middle schools (6-8). Older students attend one of four high schools including Austin High School (9-12), known for their wide range of academic programs and activities. Downtown Austin private schools include Kirby Hall (PK-12), Austin School for the Performing Arts (6-12), as well as Montessori schools and day care facilities.

Downtown Austin Neighborhood Video

So Downtown Austin is centrally-located and it’s kind of like a grid and you’ve 35 MoPac and north you’ve got MLK and then you’ve got South Congress.  If you wanted to get over to the airport, it’s about 10 to 15 minutes so very easy access to get in and out of downtown.  Some of the top high rises, the newer high rises you’ve got more of a medium price range at the 360 Condominiums, which is located at 3rd and Oasis.  You’ve also got the Spring, which is centrally located right next to Whole Foods.  There’s price range between $400,000.00 on up to $700,000.00 for your 2-bedroom.  

You can also get up to a three-bedroom in that building.  Some of the smaller 1-bedrooms in the property are around $200,000.00 to $250,000.00 and then you’ve got your ultra-luxury properties, which are gonna be a much higher price point but will still have some available at the W, the Four Seasons and The Austonian.  If you’re looking for more affordability in downtown, you can go to buildings such as the Railyard.  You’ve got Avenue Lofts.  You’ve also got The Brown Building, which is the only historical building in Downtown Austin.  

What attracts a lot of the residents down here is the ability to hop on the Hike-and-Bike Trail.  Most of the buildings downtown allow you easy access or direct access to the Hike-and-Bike Trail.  Take a run, go for a bike ride, walk your dogs (it’s a huge dog city down here), you’ve also got Zilker Park and Public Square Park, and you can even head on over to Barton Springs and swim.  Another attraction for downtown is the arts and theaters and music that you’ve got Austin Music Hall across the way, La Zona Rosa, you can enjoy the Ballet Austin, plus there’s the Paramount Theatre Convention Center on the Auditorium Shores, everything just minutes from your doorstep.  If you’re living in downtown with kiddos, it’s the Austin Independent School District and you Peace Elementary, which services K through 5th Grade, O. Henry Middle School services 6th through 8th and then Austin High School services 9th through 12th.  

You have a lot of local restaurants that you can enjoy.  Right in the heart of the city you’ve got Garrido’s, which is a nice high-end Mexican restaurant, Mulberry’s, Taverna, which is a good Italian restaurant.  You’ve also sushi opportunities.  You can go down to Maiko.  You’ve got Kenichi down here, which is a fabulous restaurant as well and there is always Perry’s Steakhouse.  

You also have a Ruth’s Chris down here.  There are several boutiques down here very close to all the high rises.  You can head on over to 2nd Street Warehouse District where you can find stores like Girl Next Door.  Of course everyone that lives down here really likes to enjoy Whole Foods.  It’s the flagship Whole Foods, located at 6th and Lamar.  A great place to go shopping, also a fantastic place if you wanna just grab some food and for some local opportunities you’ve got Royal Blue Grocery right downstairs, 360 as well as over on 2nd Street.  It’s a very fun, energetic, laid-back city so close to the water.  

It’s really great to live in Downtown Austin and it’s small yet inviting and very warm downtown. 

Contact a Downtown Austin REALTOR® today.

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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 25th, 2016 at 9:15pm 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.