Active Listing  ·  7 days on market

800 W 5th St #1105

Austin, TX 78703
$1,600,000
3 Bed 2 Bath 2,241 sqft $714/sqft Built 2003 0.01 acres 2-Car Garage Pool Austin City Lofts Amd

Experience elevated DT living in this one-of-a-kind luxury residence at Austin City Lofts, one of Downtown Austin’s most sought-after buildings. Offering 2,422 square feet of thoughtfully designed living space, this extensively renovated loft-style condominium combines sophisticated architecture, exceptional craftsmanship & panoramic views of the Austin skyline, Lady Bird Lake & the Texas Hill Country. Renovated by renowned architect Webber + Studio and David Wilkes Builders, the home is both striking & highly functional. The open-concept living, dining & kitchen areas are ideal for everyday living & entertaining. The chef’s kitchen features integrated Miele appliances, custom Arete and Leicht cabinetry, premium finishes & abundant storage. Additional custom cabinetry in the dining area enhances functionality while preserving the loft aesthetic. Spanning two levels, the residence features dramatic 22-foot ceilings, expansive floor-to-ceiling glass with breathtaking views, abundant natural light, automated window shades & an approximately 1-year-old AC. The spacious primary suite offers a spa-inspired bath with dual vanities, a soaking tub, and an oversized walk-in shower. A substantial owner investment transformed the original loft into a stunning, fully enclosed third bedroom or executive office with floor-to-ceiling steel-and-glass walls. Unlike the standard floor plan, this custom upgrade preserves the home's modern architectural character & natural light while providing a true third bedroom, added flexibility & value. Residents enjoy 24-hour concierge service, controlled access, a community pool & hot tub, bike storage, outdoor grilling areas, two reserved parking spaces in the secure garage & a private storage unit. Ideally located in the heart of Downtown Austin, the property is within walking distance of Whole Foods, Trader Joe’s, Lady Bird Lake trails, acclaimed restaurants, entertainment & nightlife. HOA dues include water, sewer, trash & gas.

At $714/sqft, this home is priced 83% 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 #1105, Austin, TX 78703

Property Details

Price $1,600,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths ,
Living Area 2,241 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 $714/sqft
Days on Market ,
HOA $1,791/Monthly
Annual Tax Est. $24,418.21
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT239638416
List Date July 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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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
5901 Round Table Cv
Davenport Ranch Ph 01 Sec 03
$1,600,000 $535 4 bd / 4 ba 2,993 sqft , 2026-03-10
70 Rainey St #2106
70 Rainey Residences
$1,600,000 $918 3 bd / 3 ba 1,743 sqft , 2026-07-17
70 Rainey St #1306
70 Rainey Condominiums
$1,599,000 $917 3 bd / 3 ba 1,743 sqft , 2026-01-07
360 Nueces St #3702
Residential Condo Amd 360
$1,595,000 $775 4 bd / 3 ba 2,057 sqft , 2026-06-12
200 W 40th St
Hyde Park Add 02
$1,595,000 $576 4 bd / 3 ba 2,771 sqft , 2026-06-24

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
$7,680/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
$320,000
20% conventional investment loan

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

Estimated Gross Rent+$7,680
Principal + Interest−$8,732
Property Tax (~2.1% TX avg)−$2,800
Insurance (~0.5%)−$667
Est. Monthly Cash Flow $-4,519

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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