Active Listing  ·  30 days on market

800 W 5th St #507

Austin, TX 78703
$549,000
1 Bed 1 Bath 1,025 sqft $536/sqft Built 2003 0.01 acres 1-Car Garage Pool Austin City Lofts Amd

Live in the heart of downtown at one of Austin's exclusive luxury buildings, Austin City Lofts. This south-facing residence with sweeping views of the Austin skyline features 1,025sqft one-bedroom, one-bath with an open floor plan that brings living, dining and kitchen together in one bright space, flooded with natural light from its floor to ceiling windows. Step outside to your ample private balcony, perfect for morning coffee or evenings watching the city lights.

The premier building delivers luxury living with a sparkling pool, hot tub, grill and an inviting loggia for relaxing or entertaining. A 24-hour concierge, secure building access. One assigned parking space in the attached garage.

Just outside your door is the best of downtown Austin. Walk to Whole Foods and Trader Joe’s, Seaholm and the Central Library and the shops and restaurants of the 2nd Street District.Location is key with Lady Bird Lake Hike-and-Bike Trail only a few blocks away. Easy access to major commuter routes.

With views, walkability and full-service amenities in one place, Austin City Lofts #507 is the perfect place to call home. Schedule your private showing today.

At $536/sqft, this home is priced 37% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

800 W 5th St #507, Austin, TX 78703

Property Details

Price $549,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 1,025 sqft
Lot Size 0.01 acres (239.58 sqft)
Year Built 2003
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Austin City Lofts Amd
County Travis
Zip Code 78703
$/sqft $536/sqft
Days on Market ,
HOA $1,175/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249764463
List Date October 13, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
School District Austin ISD

Austin ISD

Mathews · O Henry · Austin

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
800 W 5th St #906
Austin City Lofts Amd
$549,900 $474 1 bd / 1 ba 1,161 sqft , 2026-04-16
1801 Lavaca St #15M
Cambridge Condo Amd
$549,995 $435 2 bd / 2 ba 1,264 sqft , 2026-09-13
84 East Ave #3808
VESPER Zopp Add
$550,000 $825 1 bd / 1 ba 667 sqft , 2026-08-04
84 East Ave #1902
VESPER Zoppp Add
$550,000 $789 1 bd / 1 ba 697 sqft , 2026-09-16
222 West Ave #1005
Seaholm Residences Residential
$550,000 $803 1 bd / 1 ba 685 sqft , 2026-10-12

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
$2,635/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
$109,800
20% conventional investment loan

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

Estimated Gross Rent+$2,635
Principal + Interest−$2,996
Property Tax (assumed ~2.1%)−$961
Insurance (assumed ~0.5%)−$229
Est. Monthly Cash Flow $-1,551

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 · 41 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. The written content was last updated on October 15, 2026.

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

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