Active Listing  ·  63 days on market

800 Brazos St #1111

Austin, TX 78701
$325,000
1 Bed 1 Bath 623 sqft $522/sqft Built 1949 0.00 acres Pool Brazos Place Condo Amd

Built in 1948 as the original Commodore Perry Hotel, Brazos Place has one of downtown Austin's most interesting histories; a hotel, then office, and finally, converted into 72 residential units in 2008. Turn-key, spacious one bedroom Brazos Place condo in the heart of Downtown, with amazing walkability. Notably, Brazos Place allows short-term rentals, rare for downtown Austin and a significant advantage for owners and investors. Building amenities include a 24-hour fitness center, concierge, rooftop terrace, and covered parking. Centrally located between the Texas State Capitol, 6th Street, and Congress Avenue. Buyer to independently verify all information including HOA rules and rental policies.

At $522/sqft, this home is priced 34% 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

800 Brazos St #1111, Austin, TX 78701

Property Details

Price $325,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 623 sqft
Lot Size 0.00 acres (174.24 sqft)
Year Built 1949
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Brazos Place Condo Amd
County Travis
Zip Code 78701
$/sqft $522/sqft
Days on Market ,
HOA $466/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232024879
List Date June 2, 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.

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
1900 Barton Springs Rd #2003
ZILKR ON THE PARK
$325,000 $480 1 bd / 1 ba 677 sqft , 2026-03-02
2801 Rio Grande St #308
Parapet Condo
$325,000 $391 2 bd / 2 ba 832 sqft , 2026-05-15
3115 Helms St #212
Sunchase Condominiums Amended
$324,900 $399 2 bd / 2 ba 815 sqft , 2026-02-05
2216 San Gabriel St #105
Somerset Condo
$324,900 $400 2 bd / 2 ba 813 sqft , 2026-04-02
4510 Terry-O Ln #205
South Austin Indust Park Ph A
$326,500 $456 1 bd / 1 ba 716 sqft , 2026-05-06

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
$1,560/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
$65,000
20% conventional investment loan

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

Estimated Gross Rent+$1,560
Principal + Interest−$1,774
Property Tax (~2.1% TX avg)−$569
Insurance (~0.5%)−$135
Est. Monthly Cash Flow $-918

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →