Active Listing  ·  21 days on market

800 W 5th St #1004

Austin, TX 78703
$850,000
1 Bed 1 Bath 1,087 sqft $782/sqft Built 2003 0.01 acres 1-Car Garage Pool Austin City Lofts

Downtown Austin is at your doorstep, yet inside this residence at Austin City Lofts, the pace shifts entirely. Elevated above the energy of the Market District, this extensively renovated home pairs contemporary design with the calm of a private retreat, enhanced by more than $141,000 in meticulously curated upgrades.

Floor to ceiling windows frame skyline views and flood the home with natural light, while motorized shades, controllable by phone or Siri, transform the atmosphere at a touch. The kitchen was designed for effortless entertaining, with sleek handle-free European cabinetry, brand new Samsung appliances, and a custom bar anchored by an 80 bottle dual zone Liebherr wine refrigerator, all warmed by ambient LED lighting glowing above and below the cabinetry and floating bar shelves.

The primary suite carries the clean, modern aesthetic forward with a custom California Closets system, but the spa inspired bath makes the biggest impression. Influenced by the organic architecture of Frank Lloyd Wright, it layers warm materials with refined finishes, including a three way rain shower, a floating dual vanity beneath six feet of backlit mirrors, a smart bidet with heated seat, an electric heated towel rack, and integrated ambient lighting throughout. Designer furnishings from Modloft, Rove Concepts, CB2, Article, and Arhaus are available for purchase, a rare turnkey opportunity. Efficiency matches the elegance, too: electric bills here have never topped $30 a month.

Beyond your front door, Austin City Lofts delivers the convenience and service expected from one of downtown's premier addresses, with 24 hour concierge service, a resort style pool, and covered parking. Just moments from Whole Foods, Trader Joe's, Lady Bird Lake, and many of Austin's best restaurants, cafes, and nightlife, this home places you in the center of it all while offering a space that feels distinctly removed from the city's pace.

At $782/sqft, this home is priced 100% 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 W 5th St #1004, Austin, TX 78703

Property Details

Price $850,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 1,087 sqft
Lot Size 0.01 acres (261.36 sqft)
Year Built 2003
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Austin City Lofts
County Travis
Zip Code 78703
$/sqft $782/sqft
Days on Market ,
HOA $1,186/Monthly
Annual Tax Est. $8,495.71
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239192841
List Date July 14, 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
84 East Ave #2506
VESPER CONDOMINIUMS
$850,000 $694 2 bd / 2 ba 1,224 sqft , 2026-03-24
200 Congress Ave #11A
Austonian Condo Community
$850,000 $694 1 bd / 2 ba 1,225 sqft , 2026-07-02
2209 S 1st St #107
One Oak
$849,000 $660 1 bd / 1 ba 1,286 sqft , 2026-04-21
360 Nueces St #1417
Residential Condo Amd 360
$849,000 $761 2 bd / 2 ba 1,115 sqft , 2026-04-13
2209 South 1st St #330
One Oak Condos
$849,000 $723 2 bd / 2 ba 1,175 sqft , 2026-06-04

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
$4,080/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
$170,000
20% conventional investment loan

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

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

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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