Active Listing  ·  42 days on market

1600 Barton Springs Rd #5601

Austin, TX 78704
$637,000
2 Bed 2 Bath 1,138 sqft $560/sqft Built 2008 0.02 acres 2-Car Garage Pool Bartonplace Condo

Perched on the top penthouse floor as one of the community's two largest 2/2 "End Cap" units perfectly captures the vibrant energy of Austin. Designed exclusively with exceptional 12-to-15-foot ceilings and expansive floor-to-ceiling windows, the space feels incredibly open, airy, and flooded with natural light. The exceptional 12’ to 15’ ceilings are unique to the Penthouse level, dramatically expanding the visual scale of the home. Chef’s Kitchen (Extensively remodeled in 2020): Replaced with extra-tall, premium cabinetry featuring pull-out shelving and soft-close drawers. The massive, custom-built white quartz island serves as a stunning centerpiece, complete with added storage and integrated trash/recycling bins. Hand-Selected Flooring: All flooring has been upgraded to premium Kristynik engineered hickory. The owner hand-selected only the blonde wood cuts for a flawlessly bright, modern aesthetic. Thoughtfully upgraded for automation—power outlets for motorized roller shades have been seamlessly buried behind the sheetrock near the ceiling to ensure all cords stay completely hidden. Enjoy dual outdoor balconies offering stunning sunset views stretching over the Westlake Hills, looking down across the central courtyard pool, and framing the downtown skyline above. Unbeatable Location: Step out your front gate directly onto Austin's famous "Restaurant Row." You are just down the street from the cool waters of Barton Springs and the green spaces of Zilker Park, the Town Lake Hike & Bike Trail, and exactly one mile from the heart of Downtown. Uniquely valued for a penthouse of this caliber! A highly coveted exclusive asset—this property features a private, locked storage closet right in the garage, a luxury only a select few units possess. ***Seller is offering a credit of 6 months of prepaid HOA dues on a successfully negotiated purchase contract.

At $560/sqft, this home is priced 44% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1600 Barton Springs Rd #5601, Austin, TX 78704

Property Details

Price $637,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,138 sqft
Lot Size 0.02 acres (731.81 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bartonplace Condo
County Travis
Zip Code 78704
$/sqft $560/sqft
Days on Market ,
HOA $831.77/Monthly
Annual Tax Est. $14,326
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248501068
List Date October 1, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Zilker · O Henry · Austin

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · October 1, 2026 $685,000
Previous ask $649,000
Current ask $637,000
▼ Reduced $48,000 (-7.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
1600 Barton Springs Rd #6602
Bartonplace Condo
$639,000 $682 2 bd / 2 ba 937 sqft , 2026-09-30
904 West Ave #214
West Condo 904
$629,000 $434 3 bd / 2 ba 1,450 sqft , 2026-10-26
800 W 5th St #606
Austin City Lofts Amd
$625,000 $538 1 bd / 1 ba 1,161 sqft , 2026-04-29
360 Nueces St #1809
Residential Condo Amd 360
$657,000 $528 2 bd / 2 ba 1,244 sqft , 2026-06-26
901 W 9th St #216
Nokonah Condo Amd
$599,000 $642 2 bd / 1 ba 933 sqft , 2026-09-10

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$3,058/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$127,400
20% conventional investment loan

Monthly Cash Flow Breakdown (assumes 20% down · 7.25% rate)

Estimated Gross Rent+$3,058
Principal + Interest−$3,476
Property Tax (assumed ~2.1%)−$1,115
Insurance (assumed ~0.5%)−$265
Est. Monthly Cash Flow $-1,798

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 41 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. The written content was last updated on November 4, 2026.

📞 (254) 718-2567 [email protected] More about Luke →

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