2 bed, 2 bath, 2,165 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. $1,295,000. Austin ISD.
About This Home
A distinguished downtown Austin residence where sophisticated design and effortless luxury come together. An inviting open-concept layout creates a seamless flow between the living, dining, and kitchen spaces, while expansive windows fill the home with natural light and frame impressive views. The thoughtfully designed interior showcases a refined aesthetic ideal for both everyday living and elegant entertaining. Ideally positioned near Austin’s vibrant downtown, premier dining, entertainment, cultural destinations, and outdoor amenities, this residence delivers the coveted lock-and-leave lifestyle in an enviable setting. A rare opportunity to experience luxury, convenience, and modern city living from an elevated vantage point.
Downtown Austin runs from the Colorado River north to the Capitol, bounded by I-35 to the east and Lamar to the west. It is the densest residential market in Central Texas with high-rise condos, historic lofts, and luxury towers concentrated in distinct sub-districts.
The Seaholm District anchors the west end with the Seaholm Residences and the new Google tower reshaping the skyline. Rainey Street sits along the lake's north shore - what was a street of bungalow bars is now flanked by 40-story residential towers including 70 Rainey and The Lakeshore. The Warehouse District between 3rd and 6th Streets draws buyers who want walkable nightlife and restaurant access. Congress Avenue bisects downtown and remains the civic spine connecting the Capitol to the lake.
The Austonian (56 floors), The Independent (58 floors), and 360 Condominiums are the marquee towers. Newer projects like Sixth & Guadalupe and The Republic continue adding inventory. Price points range from $400K studio condos to $5M+ penthouses with lake and Hill Country views.
Walk Score averages 95+. The MetroRail Red Line stops at downtown station. Major employers including the State of Texas, UT Austin, and a growing tech presence (Google, Meta, Apple satellite offices) generate consistent housing demand. Nightlife, dining, live music, and Lady Bird Lake hike-and-bike trail are all within walking distance.
Buyers here are typically professionals, empty nesters downsizing from suburban estates, investors, and out-of-state relocations drawn to Austin's urban core. HOA fees range from $400/month in older buildings to $2,000+ in full-service towers. Most buildings include concierge, pool, fitness center, and secure parking.
School District: Austin ISD
View Downtown Austin neighborhood guide- Property Type
- Residential
- Year Built
- 1965
- Lot Size
- 0.01 acres
- Price / Sq Ft
- $598
- HOA
- $2,731/mo
- Garage
- 1 spaces
Listing information last updated October 17, 2026.
Listed by Compass RE Texas, LLC
MLS# 6230200 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Double Vanity
- Entrance Foyer
- Kitchen Island
- Multiple Living Areas
- No Interior Steps
- Open Floorplan
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Stackable W
- D Connections
- Two Primary Closets
- Wet Bar
- Dishwasher
- Disposal
- Microwave
- Oven
- Stainless Steel Appliance(s)
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
Exterior & Lot
- Balcony
- No Exterior Steps
- Slab
- Patio
- Terrace
- Wrap Around
- Lot Size
- 0.01 Acres
- Garage
- Reserved
- Garage Spaces
- 1
Financial
- HOA Fee
- $2,731 / mo
- Original List Price
- $1,295,000
- Price per Sq Ft
- $598
Utilities
- Cable Available
- Electricity Available
- High Speed Internet
- Phone Available
- Sewer Available
- Water Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
2 records on file
Every recorded listing, sale, and lease at 1122 Colorado ST Unit #1004, whoever represented it.
- ActiveListed 2026Current price: $1,295,000Original list: $1,295,000MLS 6230200
- Listed · September 21, 2026$1,295,000
- WithdrawnListed 2024Current price: $1,650,000Original list: $1,700,000MLS 6967054
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
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Price & Listing History
Listed with current price, original ask, and market time.
- Current list
- $1,295,000
- Original list
- $1,295,000
- Price movement
- No verified reduction
- Listed / DOM
- Sep 21, 2026 · 44 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $632,156
- Assessment Year
- 2025
- Year Built
- 1965
- Parcel ID
- 000000196985
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.3% | — | $632,156 | — | — |
2024-10.0% | — | $675,008 | $37,710 | $696,075 |
2023+7.1% | — | $750,000 | $37,710 | $637,298 |
2022+9.1% | — | $700,084 | $37,710 | $712,290 |
2021 | — | $641,903 | $37,710 | $662,374 |
Zoned Schools
Austin
O Henry
Mathews
Zoned assignments come from the property school fields available to us. District context schools are shown only when an assigned tier is missing. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes and home insurance. Each requires verified amount, cadence or unit, source, and as-of details.
HOA source: MLS Grid / Unlock MLS, as of 2026-10-17T19:06:56.532+00:00; normalized from monthly dues.
Illustrative down payment
20% ($259K)
Adjustable assumption - not a lending recommendation.
Home price
$1,295,000
Loan details
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,295,000
Price per sqft
$598/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
44 days
Original to current
No verified reduction
$1.3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 17, 2026.
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