— bed, — bath on 0.14 acres in Downtown Austin. Austin, TX 78701. $2,950,000.
About This Home
Positioned in one of Austin’s most desirable and walkable urban corridors, 1701 and 1705 Nueces Street offer a compelling owner-user or investment opportunity defined by exceptional location and visibility. The property is located just north of Downtown Austin. The University of Texas campus lies 6 blocks to the northeast with the Texas State Capital 6 blocks to the southeast. The new Travis County courthouse is only a block away.
The central location provides walkable access to a vibrant mix of offices, dining, and retail amenities. One block to the east you will find the award winning, Michelin star restaurant Olamaie with other coffee shops, retail and restaurants a short walk away.
1701 Nueces is a historic house converted to office use with updated finishes. You will find tall ceilings, wood floors and working fireplaces . Connected by a hallway, you step into 1705 Nueces. A new, modern building defined by clean lines, modern materials and building systems. Together, the attached structures function as a single cohesive asset blending character with contemporary efficiency. The property could be occupied by one company or can easily be separated into two distinct spaces each with its own restroom and breakroom. The conference room opens to a large outdoor patio. A rare amenity in the downtown area. With strong walkability, central connectivity, and prominent frontage along Nueces Street, the property delivers excellent exposure, signage opportunities, and long-term value in a highly sought-after submarket.
The property benefits from 9 parking spaces on site, hard to find in downtown Austin.
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
- Commercial Sale
- Year Built
- 1910
- Lot Size
- 0.14 acres
Listing information last updated June 25, 2026.
Listed by Colliers International
MLS# 5669609 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Concrete
- Tile
- Wood
- Heating
- Natural Gas
- Cooling
- Multi Units
Exterior & Lot
- Block
- Concrete
- Frame
- Glass
- Hardi
- Plank Type
- Lot Size
- 0.14 Acres
- On Site
Financial
- Original List Price
- $2,950,000
Utilities
- Electricity Connected
- High Speed Internet
- Natural Gas Connected
- Phone Connected
- Sewer Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 1701 Nueces ST, whoever represented it.
- ActiveListed 2026Current price: $2,950,000Original list: $2,950,000MLS 5669609
- Listed · June 25, 2026$2,950,000
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
Listing timeline with current price, original ask, and market time.
- Current list
- $2,950,000
- Original list
- $2,950,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 25, 2026 · 132 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,178,800
- Assessment Year
- 2025
- Year Built
- 1910
- Parcel ID
- 000000798887
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-14.1% | — | $1,178,800 | $1,178,800 | — |
2024+73.7% | — | $1,372,861 | $1,372,861 | — |
2023+3.9% | — | $790,465 | $1,372,861 | — |
2022 | — | $761,108 | $368,353 | $422,112 |
District Schools Nearby
Lasa High School
Bowie High School
McCallum High School
Garza Independence High School
Austin High School
Anderson High School
District context schools are shown because address-level assigned school fields are not available for this property. Contact the school district directly to verify current boundaries and enrollment eligibility.
Excluded from this estimate: property taxes, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
Illustrative down payment
20% ($590K)
Adjustable assumption - not a lending recommendation.
Home price
$2,950,000
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
$2,950,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
132 days
Original to current
No verified reduction
$3M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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