Active Listing  ·  291 days on market

200 Congress Ave #23C

Austin, TX 78701
$1,500,000
2 Bed 2 Bath 1,464 sqft $1,025/sqft Built 2008 0.00 acres 2-Car Garage Pool Austonian Condo Community

The Jewelbox at The Austonian represents one of the strongest two bedroom opportunities currently available in Austin’s most established luxury tower. Positioned on the 23rd floor and spanning 1,620 square feet, this residence combines refined finishes, a livable floor plan, and full service amenities in a building known for long term desirability.

The layout is both functional and elegant, anchored by an open living and dining space framed by walls of glass and natural light. The owner’s suite is privately positioned and features a marble bathroom with soaking tub, walk in shower, and a custom fitted closet. A second bedroom provides flexibility for guests, a dedicated office, or additional living space, making the home equally suited for full time residents and lock and leave ownership.

Timeless materials define the interiors. Marble surfaces, Scavolini cabinetry, and a Wolf and SubZero kitchen create a clean and enduring design aesthetic. A private terrace extends the living space outdoors and offers a quiet vantage point above the city, ideal for everyday living rather than occasional use.

Ownership at The Austonian includes access to more than 40,000 square feet of amenities, including a 75 foot lap pool, spa facilities, fitness and yoga studios, wine storage, library spaces, and 24 hour concierge service. With Austin’s dining, entertainment, and waterfront trails just outside the building, the residence delivers a rare combination of convenience, privacy, and service in the heart of downtown.

At $1,025/sqft, this home is priced 162% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

200 Congress Ave #23C, Austin, TX 78701

Property Details

Price $1,500,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,464 sqft
Lot Size 0.00 acres (87.12 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Austonian Condo Community
County Travis
Zip Code 78701
$/sqft $1,025/sqft
Days on Market ,
HOA $1,648/Monthly
Annual Tax Est. $32,150
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT209482937
List Date October 17, 2025
Elementary School Mathews
Middle School O Henry
High School Austin
School District ,

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.

Schedule a Call →

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
15000 Maha Rd
none
$1,499,976 $1,325 2 bd / 1 ba 1,132 sqft , 2025-09-24
2615 Deerfoot Trl
Oaks Barton
$1,499,000 $811 3 bd / 3 ba 1,848 sqft , 2026-06-09
804 W 30 1/2 St
Oakwood
$1,495,000 $1,090 2 bd / 2 ba 1,371 sqft , 2026-07-09
70 Rainey St #1901
70 Rainey Residences
$1,464,000 $863 2 bd / 2 ba 1,697 sqft , 2026-03-25
1510 Buffalo Gap Rd
Buffalo Gap
$1,450,000 $949 2 bd / 2 ba 1,528 sqft , 2026-06-05

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
$7,200/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
$300,000
20% conventional investment loan

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

Estimated Gross Rent+$7,200
Principal + Interest−$8,186
Property Tax (~2.1% TX avg)−$2,625
Insurance (~0.5%)−$625
Est. Monthly Cash Flow $-4,236

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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