Active Listing  ·  188 days on market

800 W 5th St #1104

Austin, TX 78703
$1,269,000
2 Bed 2 Bath 2,215 sqft $573/sqft Built 2003 0.01 acres 2-Car Garage Pool Austin City Lofts Amd

**Seller to pay one year of HOA dues for buyer with an accepted offer**Stunning two-story, loft-style penthouse resting in the heart of downtown Austin. Expansive glass, 22-foot ceilings, and towering windows frame the skyline. With 2 bedrooms, 2 baths, and meticulously designed living space, this residence offers the epitome of contemporary living. The main level invites you into an open-concept floor plan filled with natural light, seamlessly connecting the kitchen, living, and dining areas—making it the perfect setting for both everyday living and entertaining. Flexibility meets functionality with a versatile front room featuring a custom queen-size Murphy bed, recessed lighting, and highly stylized modular wood barn doors. Upstairs, an open loft area offers endless possibilities—ideal for a home office, studio, or relaxation retreat. The primary suite includes a sitting area, soaking tub, shower, and a spacious walk-in closet. Take in breathtaking views to the north and the downtown skyline to the south from every vantage point, including the private south-facing terrace—the ultimate spot for enjoying sunsets and entertaining friends and family. Indulge in the finer details, from stained concrete flooring throughout to the curated selection of designer fixtures and lighting upgrades. Custom electric shades adorn every window, offering privacy and convenience at the touch of a button. Enjoy 24/7 concierge service, outdoor entertaining areas perfect for grilling with friends, a private pool, hot tub, and firepit for year-round enjoyment. Plus, benefit from two secure parking spaces and deeded storage in the gated garage. Located steps from Whole Foods, Shoal Creek, and Town Lake trails, this prime location offers the perfect blend of convenience and leisure. Whether exploring the vibrant downtown scene or seeking sanctuary in your own urban oasis, this condo delivers the best of downtown living. HOA covers water, most electric, trash, and common area insurance.

At $573/sqft, this home is priced 47% 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 #1104, Austin, TX 78703

Property Details

Price $1,269,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 2,215 sqft
Lot Size 0.01 acres (553.21 sqft)
Year Built 2003
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Austin City Lofts Amd
County Travis
Zip Code 78703
$/sqft $573/sqft
Days on Market ,
HOA $2,154/Monthly
Annual Tax Est. $23,835
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT216936366
List Date January 28, 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 · January 28, 2026 $1,350,000
Previous ask $1,285,000
Current ask $1,269,000
Reduced $81,000 (-6.0%) 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
2002 Kinney Ave #A
Kinney Ave Condo Amd 2002
$1,275,000 $652 3 bd / 3 ba 1,956 sqft , 2026-03-15
5607 Jim Hogg Ave
Broadacres
$1,275,000 $428 3 bd / 3 ba 2,981 sqft , 2025-04-10
2113 Oxford Ave
Oak Hill Add
$1,285,000 $626 3 bd / 3 ba 2,052 sqft , 2026-06-15
205 Medina St #1
SHELLEY N G SUBD
$1,250,000 $754 3 bd / 3 ba 1,657 sqft , 2025-10-10
2002 Kinney Ave #B
Kinney Ave Condo Amd 2002
$1,250,000 $654 3 bd / 3 ba 1,910 sqft , 2025-09-25

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
$6,091/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
$253,800
20% conventional investment loan

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

Estimated Gross Rent+$6,091
Principal + Interest−$6,925
Property Tax (~2.1% TX avg)−$2,221
Insurance (~0.5%)−$529
Est. Monthly Cash Flow $-3,584

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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