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2 bed, 2 bath, 1,256 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. Last listed at $550,000, sold September 6, 2023. Austin ISD.
About This Home
Iconic Cambridge Tower -Fantastic downtown 2-bedroom 2-bath condo with a prime location in the heart of the city! Being within walking distance of the Capitol, State Buildings, UT Tower, DKR stadium, and across the street from AT&T Business Center is a major advantage for those who want to be close to the pulse of the city's activities. This corner unit has been updated with timeless and classic exposed brick finishes, solid surfaces in the kitchen and bathrooms, and engineered hardwood floors. The kitchen has updated cabinets, stainless steel appliances and granite counters. The modernized open-concept floor plan with natural light makes this particular property appealing. Each of the bathrooms has been updated. The primary suite has so much storage with built-in drawers and a walk-in closet. The stackable washer and dryer are a huge benefit, as this is a rare feature in the building, making living in this unit so convenient! This property will appeal to individuals who value the urban lifestyle and a touch of timeless sophistication. The combination of its prime location and stylish interior features makes it a gem. Cambridge Tower offers a common area including a meeting room, private outdoor community pool, and workout facilities. One reserved parking space in the garage conveys.
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
- $438
- HOA
- $1,185.1/mo
- Garage
- 1 spaces
Listing information last updated September 12, 2023.
Listed by Catalyst Realty
MLS# 3450231 • 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
- Breakfast Bar
- Built-in Features
- Ceiling Fan(s)
- Granite Counters
- Stone Counters
- Double Vanity
- Eat-in Kitchen
- Elevator
- Entrance Foyer
- High Speed Internet
- No Interior Steps
- Open Floorplan
- Primary Bedroom on Main
- Recessed Lighting
- Stackable W
- D Connections
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Exhaust Fan
- Microwave
- Electric Oven
- Refrigerator
- Stainless Steel Appliance(s)
- Washer
- Dryer Stacked
- No Carpet
- Tile
- Wood
- Heating
- Central,Electric
- Cooling
- Ceiling Fan(s),Central Air,Electric
Exterior & Lot
- Balcony
- Restricted Access
- Stucco
- Trees-Heavy
- Views
- Slab
- Wrap Around
- Roof
- Concrete
- Lot Size
- 0.01 Acres
- Assigned
- Garage
- Guest
- Off Street
- Garage Spaces
- 1
Financial
- HOA Fee
- $1,185 / mo
- Original List Price
- $550,000
- Price per Sq Ft
- $438
Utilities
- Cable Connected
- Electricity Connected
- High Speed Internet
- Phone Available
- Sewer Connected
- 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
- $550,000
- Original list
- $550,000
- Price movement
- No verified reduction
- Listed / DOM
- Jul 29, 2023
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $528,161
- Assessment Year
- 2025
- Year Built
- 1964
- Parcel ID
- 000000200033
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-6.1% | — | $528,161 | — | — |
2024+33.1% | — | $562,459 | $45,684 | $477,560 |
2023-2.6% | — | $422,609 | $45,684 | $516,775 |
2022-0.9% | — | $433,962 | $45,684 | $376,925 |
2021 | — | $438,059 | $36,547 | $397,415 |
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.
Illustrative down payment
20% ($110K)
Adjustable assumption - not a lending recommendation.
Home price
$550,000
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
$550,000
Price per sqft
$438/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$550K 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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