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3 bed, 3 bath, 2,257 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. Last listed at $1,275,000, sold August 31, 2023. Austin ISD.
About This Home
Prepare to be captivated by this exceptional double unit situated on the top floor of the building's southeast corner with 3 bedrooms, 3 bathrooms, and 3 reserved garage spaces. Behold the awesome views of the majestic Capitol and the iconic UT Memorial Stadium. Indulge in the luxurious amenities of this historic building, including a 24-hour concierge service, a well-equipped workout room, a refreshing pool, a shared rooftop deck, and the convenience of 3 reserved garage parking spots. A terrific option for investors (no STR), parents of college students, lock-n-leavers, visiting legislators, or as a pied-a-terre. HOA covers all utilities, Internet, and common area maintenance. Cats are allowed, dogs only with service dog distinction. Nestled on the northern end of downtown, directly opposite the University of Texas campus, Cambridge Tower finds itself within easy reach of the Capitol, downtown offices and restaurants, the UT stadium, and the Dell Medical School. Experience downtown living that seamlessly blends timeless allure with modern convenience at Cambridge Tower. The 15th floor offers a unique opportunity to create your own loft space, limited only by your imagination. Get inspired by the included inspirational photos (under Documents) that showcase the boundless potential of this exceptional area. Whether you envision a cozy reading nook, an artistic studio, or an entertainment space, the choice is yours to shape and personalize. Engineer approval and a City of Austin building permit are required. Step into history at Cambridge Tower, Austin's inaugural landmark residential high-rise, embodying the pinnacle of mid-century modern design. Renowned architect Thomas Edward Stanley II of Dallas ingeniously melded Le Corbusier's reinforced concrete structures with Frank Lloyd Wright's innovative decorative concrete block, resulting in an unparalleled and enduring elegance.
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
- 1964
- Lot Size
- 0.01 acres
- Price / Sq Ft
- $565
- HOA
- $2,142.1/mo
- Garage
- 3 spaces
- Pool
- Yes
Listing information last updated September 1, 2023.
Listed by Compass RE Texas, LLC
MLS# 2741938 • Closed
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Properties displayed may be listed or sold by various participants in the MLS.
Highlights
Facts & Features
Interior
- Bookcases
- Ceiling Fan(s)
- Crown Molding
- Elevator
- High Speed Internet
- No Interior Steps
- Pantry
- Primary Bedroom on Main
- Recessed Lighting
- Soaking Tub
- Stackable W
- D Connections
- Storage
- Two Primary Closets
- Built-In Refrigerator
- Dishwasher
- Disposal
- Electric Range
- Microwave
- Electric Oven
- Washer
- Dryer Stacked
- No Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air,Electric
Exterior & Lot
- Balcony
- Concrete
- Glass
- Stucco
- Corner Lot
- Curbs
- Full
- Slab
- Covered
- Wrap Around
- Roof
- Concrete,Flat Tile,Mixed
- Lot Size
- 0.01 Acres
- Assigned
- Garage
- Garage Faces Side
- Gated
- Underground
- Garage Spaces
- 3
- Pool
- Yes
Financial
- HOA Fee
- $2,142 / mo
- Original List Price
- $1,275,000
- Price per Sq Ft
- $565
Utilities
- Cable Available
- Electricity Connected
- Phone Available
- Sewer Connected
- Underground Utilities
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $1,275,000
- Original list
- $1,275,000
- Price movement
- No verified reduction
- Listed / DOM
- Jul 25, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,268,630
- Assessment Year
- 2025
- Year Built
- 1964
- Parcel ID
- 000000933793
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025 | — | $1,268,630 | — | — |
Virtual Tour
Zoned Schools
McCallum
Kealing
Lee
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 2026-04-25T02:51:50.833075+00:00; normalized from monthly dues.
20% ($255K)
Adjustable assumption - not a lending recommendation.
$1,275,000
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$1,275,000
Price per sqft
$565/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
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 Apr 25, 2026.
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