Active Listing  ·  340 days on market

200 Congress Ave #23C

Austin, TX 78701
$1,390,000
2 Bed 2 Bath 1,464 sqft $949/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 $949/sqft, this home is priced 142% above the Austin active market average of $392/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 $1,390,000
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 $949/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.

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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 17, 2025 $1,699,000
Previous ask $1,500,000
Current ask $1,390,000
Reduced $309,000 (-18.2%) 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
44 East Ave #3402
44 EAST AVE CONDIMINIUMS
$1,425,000 $1,028 2 bd / 2 ba 1,386 sqft , 2026-02-02
610 Davis St #3308
Modem Austin
$1,350,000 $1,150 2 bd / 2 ba 1,174 sqft , 2026-09-12
1111 W 12th St #107
Condominium De Saligny Amd
$1,345,000 $845 2 bd / 3 ba 1,592 sqft , 2026-09-10
603 Davis St #101
Shore A Condo Amd The
$1,450,000 $858 2 bd / 3 ba 1,690 sqft , 2026-07-24
98 San Jacinto Blvd #2203
Town Lake Residences Condo
$1,300,000 $1,226 1 bd / 1 ba 1,060 sqft , 2026-02-19

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
$6,672/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
$278,000
20% conventional investment loan

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

Estimated Gross Rent+$6,672
Principal + Interest−$7,586
Property Tax (~2.1% TX avg)−$2,433
Insurance (~0.5%)−$579
Est. Monthly Cash Flow $-3,926

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 · 30 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. This page was last updated on September 15, 2026.

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