Active Listing  ·  116 days on market

800 W 5th St #606

Austin, TX 78703
$625,000
1 Bed 1 Bath 1,161 sqft $538/sqft Built 2003 0.01 acres 1-Car Garage Pool Austin City Lofts Amd

In one of Austin's most sought after buildings, Austin City Lofts offers a downtown feel without the downtown noise. This 1,161 sq. ft. LOFT with stunning skyline views of downtown Austin and 6th street was completed in 2004. ACL is situated along Shoal Creek and is composed of local limestone, copper, concrete, steel & glass. It truly is a timeless building. The unbeatable location, built-in surround sound system, tall floor-to-ceiling windows, wood floors & exposed concrete ceilings really bring the light and experience into this "lofty" space. The kitchen offers Marble countertops and stainless steel appliances within the chic living space. The owner’s suite includes a bathroom with a walk-in closet and the Louis Vuitton bathroom drawers will stay for the future tenants. AMAZING AMENITIES: 24-hour Concierge & Private Lobby, Swimming Pool, Hot Tub Covered Dining, Outdoor Cooking and a Limited-access Parking Garage that includes 1 reserved Parking space by the elevator. LOCATION IS EVERYTHING: Unlike the other luxury towers that have 200+ residences, ACL has only 82 residences. ACL stands right in the middle of key locations such as Irene's, 6th street entertainment and Whole Foods. Within the convenience of 3 blocks you can also experience Lady Bird Lake's hike-and-bike trail that passes the downtown Austin Library and new Google buildings.

At $538/sqft, this home is priced 38% 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 #606, Austin, TX 78703

Property Details

Price $625,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 1,161 sqft
Lot Size 0.01 acres (261.36 sqft)
Year Built 2003
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Austin City Lofts Amd
County Travis
Zip Code 78703
$/sqft $538/sqft
Days on Market ,
HOA $1,243/Monthly
Annual Tax Est. $13,344.84
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226099354
List Date April 29, 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
44 East Ave #1509
44 East Ave Condominiums
$624,950 $785 2 bd / 2 ba 796 sqft , 2026-04-08
603 Davis St #1704
Shore A Condo Amd The
$630,000 $503 2 bd / 2 ba 1,252 sqft , 2026-06-13
555 E 5th St #527
Five Fifty 05 Condo Amd
$630,000 $414 1 bd / 2 ba 1,520 sqft , 2026-07-06
44 East Ave #2108
44 East Ave Condos
$635,000 $801 2 bd / 2 ba 793 sqft , 2026-07-05
222 West Ave #2012
Seaholm Residences Residential
$649,000 $790 1 bd / 1 ba 821 sqft , 2026-01-21

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
$3,000/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
$125,000
20% conventional investment loan

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

Estimated Gross Rent+$3,000
Principal + Interest−$3,411
Property Tax (~2.1% TX avg)−$1,094
Insurance (~0.5%)−$260
Est. Monthly Cash Flow $-1,765

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 · 30 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. This page was last updated on June 19, 2026.

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