Active Listing  ·  3 days on market

1600 Barton Springs Rd #5601

Austin, TX 78704
$685,000
2 Bed 2 Bath 1,138 sqft $602/sqft Built 2008 0.02 acres 2-Car Garage Pool Bartonplace Condo

Perched on the top penthouse floor as one of the community's two largest 2/2 "End Cap" units perfectly captures the vibrant energy of Austin. Designed exclusively with exceptional 12-to-15-foot ceilings and expansive floor-to-ceiling windows, the space feels incredibly open, airy, and flooded with natural light. The exceptional 12’ to 15’ ceilings are unique to the Penthouse level, dramatically expanding the visual scale of the home. Chef’s Kitchen (Extensively remodeled in 2020): Replaced with extra-tall, premium cabinetry featuring pull-out shelving and soft-close drawers. The massive, custom-built white quartz island serves as a stunning centerpiece, complete with added storage and integrated trash/recycling bins. Hand-Selected Flooring: All flooring has been upgraded to premium Kristynik engineered hickory. The owner hand-selected only the blonde wood cuts for a flawlessly bright, modern aesthetic. Thoughtfully upgraded for automation—power outlets for motorized roller shades have been seamlessly buried behind the sheetrock near the ceiling to ensure all cords stay completely hidden. Enjoy dual outdoor balconies offering stunning sunset views stretching over the Westlake Hills, looking down across the central courtyard pool, and framing the downtown skyline above. Unbeatable Location: Step out your front gate directly onto Austin's famous "Restaurant Row." You are just down the street from the cool waters of Barton Springs and the green spaces of Zilker Park, the Town Lake Hike & Bike Trail, and exactly one mile from the heart of Downtown. Uniquely valued for a penthouse of this caliber!

At $602/sqft, this home is priced 54% 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

1600 Barton Springs Rd #5601, Austin, TX 78704

Property Details

Price $685,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,138 sqft
Lot Size 0.02 acres (731.81 sqft)
Year Built 2008
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bartonplace Condo
County Travis
Zip Code 78704
$/sqft $602/sqft
Days on Market ,
HOA $831.77/Monthly
Annual Tax Est. $14,326
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241999103
List Date August 1, 2026
Elementary School Zilker
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 · August 1, 2026 $690,000
Current ask $685,000
Reduced $5,000 (-0.7%) 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
2505 Bluebonnet Ave #4
Del Curto
$685,000 $451 2 bd / 3 ba 1,519 sqft , 2026-06-20
2505 Bluebonnet Ave #5
Bluebonnet Lofts
$685,900 $452 2 bd / 3 ba 1,519 sqft , 2025-05-09
1506 W 13th St #1
Escorial Condo
$689,000 $471 2 bd / 2 ba 1,462 sqft , 2025-10-30
3103 Garwood St #2
Brass G M
$689,000 $510 3 bd / 3 ba 1,352 sqft , 2026-06-04
2105 SL Davis Ave. #2 None
Foster
$689,900 $629 3 bd / 3 ba 1,097 sqft , 2026-07-21

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
$3,288/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
$137,000
20% conventional investment loan

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

Estimated Gross Rent+$3,288
Principal + Interest−$3,738
Property Tax (~2.1% TX avg)−$1,199
Insurance (~0.5%)−$285
Est. Monthly Cash Flow $-1,934

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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