Active Listing  ·  48 days on market

710 Colorado St #9E

Austin, TX 78701
$359,000
1 Bed 1 Bath 637 sqft $564/sqft Built 1940 0.00 acres 1-Car Garage Pool Brown Bldg Lofts Condo Amd

Downtown living doesn't get much more iconic than this. Set inside Austin's historic Brown Building, this updated studio condo pairs authentic industrial character with one of the biggest perks in Downtown ownership: an incredible Historic Tax Exemption. CRAZY PROPERTY TAX SAVINGS translate to the full year property tax bill likely being under $1500 for an owner occupant/homestead! Otherwise, still about a 35% discount for investors/2nd home.

Concrete walls and ceilings, exposed conduit and ductwork, soaring ceilings, and stained concrete floors create a true urban loft vibe, while oversized east-facing windows flood the space with natural light, fresh air, and skyline views that come alive each evening as the setting sun reflects across Downtown's glass towers and nearby historic Norwood tower.

The open studio layout makes smart use of every square foot, with room to separate the sleeping space if desired. The kitchen stays connected to the living area, so the skyline never leaves your view, featuring a peninsula with marble bar seating, custom cabinetry with built-in pantry storage, and generous prep space. Excellent closet storage, a full bath, and in-unit laundry round out the interior.

The HOA covers everything except electric and internet, making everyday living refreshingly simple. Residents enjoy a brand-new rooftop deck (2025), fitness center, beautifully preserved 1938 marble lobby, three elevators including a freight elevator, secure fob and callbox entry, garage parking, and a dog park just across the street.

Positioned on a quieter corner just one block from the energy of Downtown, you're close enough to walk to restaurants, nightlife, entertainment, and major employers while still enjoying a little breathing room when you head home. Historic charm, remarkably low property taxes, and an unbeatable Downtown address make this one worth seeing in person - schedule your tour and experience the Brown Building for yourself.

At $564/sqft, this home is priced 44% 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

710 Colorado St #9E, Austin, TX 78701

Property Details

Price $359,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 637 sqft
Lot Size 0.00 acres (78.41 sqft)
Year Built 1940
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Brown Bldg Lofts Condo Amd
County Travis
Zip Code 78701
$/sqft $564/sqft
Days on Market ,
HOA $630.73/Monthly
Annual Tax Est. $4,562
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT242166871
List Date August 5, 2026
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 · August 5, 2026 $369,000
Current ask $359,000
Reduced $10,000 (-2.7%) 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
54 Rainey St #415
Milago Condo Amd
$359,000 $475 1 bd / 1 ba 756 sqft , 2026-06-01
1208 Enfield Rd #104
Governors 02 Condo
$360,000 $511 1 bd / 1 ba 705 sqft , 2026-08-26
300 Bowie St #902
Spring condominiums
$356,000 $630 1 bd / 1 ba 565 sqft , 2026-04-26
1200 Enfield Rd #106
The Miriam Residences
$367,500 $525 1 bd / 1 ba 700 sqft , 2026-08-11
807 Blanco St #204
The Trees at Blanco Condominiums
$350,000 $569 1 bd / 1 ba 615 sqft , 2026-09-15

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
$1,723/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
$71,800
20% conventional investment loan

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

Estimated Gross Rent+$1,723
Principal + Interest−$1,959
Property Tax (~2.1% TX avg)−$628
Insurance (~0.5%)−$150
Est. Monthly Cash Flow $-1,014

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 August 26, 2026.

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