Active Listing  ·  110 days on market

800 W 5th St #906

Austin, TX 78703
$549,900
1 Bed 1 Bath 1,161 sqft $474/sqft Built 2003 0.01 acres 1-Car Garage Pool Austin City Lofts Amd

Perched high above downtown in the iconic Austin City Lofts, this sleek north-facing residence offers sophisticated urban living with expansive city views and a bright, open layout. Notably larger than many comparable downtown condos, the home offers an impressive sense of scale rarely found in urban loft living. Oversized windows fill the space with natural light while polished concrete floors, soaring 11' ceilings, and exposed architectural elements create the signature modern loft aesthetic. The open-concept living and dining areas flow seamlessly to a spacious private balcony, providing the perfect setting for morning coffee or evening relaxation overlooking the city skyline. The well-appointed kitchen features a center island, granite countertops, Thermador gas range + dishwasher, stainless steel refrigerator, generous cabinetry, and a functional layout ideal for everyday living or entertaining, with all appliances conveying. The spacious bedroom offers a quiet retreat with large windows and an oversized walk-in closet featuring a California Closet system for exceptional organization. The bathroom includes granite countertops, ample storage, and a full tub/shower combination. Additional highlights include a generous pantry + separate, dedicated coat closet, one reserved parking space and a thoughtfully designed floor plan that maximizes both light and space. Residents of Austin City Lofts enjoy outstanding amenities including a pool, hot tub, grilling area, and picnic spaces, along with full-time on-site management and 24/7 concierge service. Located in one of downtown Austin’s most walkable areas, this home places you just steps from Whole Foods, Trader Joe’s, the Central Library, Seaholm District, Lady Bird Lake, the Hike & Bike Trail, and countless dining, entertainment, and shopping options. This is downtown loft living at its finest—modern, convenient, and effortlessly stylish. Schedule a showing today!

At $474/sqft, this home is priced 21% 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 #906, Austin, TX 78703

Property Details

Price $549,900
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 1,161 sqft
Lot Size 0.01 acres (278.78 sqft)
Year Built 2003
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Austin City Lofts Amd
County Travis
Zip Code 78703
$/sqft $474/sqft
Days on Market ,
HOA $1,230/Monthly
Annual Tax Est. $10,715
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT226101564
List Date April 16, 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 · April 16, 2026 $585,000
Current ask $549,900
Reduced $35,100 (-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
908 Nueces St #18
Celia's Court
$549,900 $478 2 bd / 2 ba 1,150 sqft , 2025-12-12
1117 Lawson Ln #2
Rosewood Village Sec 11
$549,995 $506 2 bd / 2 ba 1,086 sqft , 2025-06-06
1702 S Lamar Blvd #12
Sage Condo
$550,000 $362 2 bd / 3 ba 1,521 sqft , 2026-03-15
311 W 5th St #704
Plaza Lofts Condo Amd
$550,000 $468 1 bd / 1 ba 1,176 sqft , 2026-02-05
800 Embassy Dr #337
Tyndall at Robertson Hill Condominiums
$550,000 $409 2 bd / 2 ba 1,344 sqft , 2025-09-11

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
$2,640/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
$109,980
20% conventional investment loan

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

Estimated Gross Rent+$2,640
Principal + Interest−$3,001
Property Tax (~2.1% TX avg)−$962
Insurance (~0.5%)−$229
Est. Monthly Cash Flow $-1,552

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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