2 bed, 2 bath, 1,294 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. $517,600. Austin ISD.
About This Home
Welcome to Unit 5F at Cambridge Tower, Austin’s first landmark luxury high-rise condominium, proudly listed on the National Register of Historic Places. Built in 1964, Cambridge Tower blends timeless mid-century design with modern convenience, all in a prime location near Downtown, the University of Texas, Dell Medical School, and the Texas State Capitol. This spacious 2-bedroom, 2-bath residence offers 1,294 sq. ft. of thoughtfully designed living space. The open-concept floor plan is filled with natural light from floor-to-ceiling windows, while the renovated kitchen has been opened to create seamless flow for entertaining. A full-length balcony offers city views. The primary suite easily accommodates a king-sized bed and seating area. It features an ensuite bath with dual vanities and a walk-in, cedar-lined closet. The secondary bedroom and bath offer flexibility for guests, a home office, or creative space. Residents enjoy all-inclusive HOA benefits, covering electricity, water, internet, TV/basic cable, and trash. The amenities include: 24-hour concierge, sparkling pool & spa, gazebo, rooftop deck with sweeping city views, fitness center, conference & business center, BBQ area and an inviting lobby. A reserved parking space with storage in the secured underground garage completes this exceptional offering. This is your opportunity to own a piece of Austin history while enjoying the comfort and convenience of modern downtown living. Ask about the lender incentives for a rate buydown. Seller will credit the buyer with $30k to upgrade as they like.
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
- $400
- HOA
- $1,489/mo
- Garage
- 1 spaces
Listing information last updated August 22, 2026.
Listed by Spyglass Realty
MLS# 4816788 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling Fan(s)
- Corian Counters
- Eat-in Kitchen
- Open Floorplan
- Primary Bedroom on Main
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Electric Cooktop
- Microwave
- Oven
- Refrigerator
- Washer
- Dryer Stacked
- Laminate
- Tile
- Heating
- Central
- Cooling
- Ceiling Fan(s),Central Air
Exterior & Lot
- Balcony
- Concrete
- Patio
- Roof
- Concrete
- Lot Size
- 0.01 Acres
- Assigned
- Garage Spaces
- 1
Financial
- HOA Fee
- $1,489 / mo
- Original List Price
- $619,000
- Price per Sq Ft
- $400
Utilities
- Electricity Available
- Natural Gas Available
- 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 1801 Lavaca ST Unit #5F, whoever represented it.
- ActiveListed 2026Asking rent: $3,500/moOriginal asking rent: $3,500/moMLS 5267449
- Listed · January 28, 2026$3,500/mo
- ActiveListed 2025Current price: $517,600Original list: $619,000MLS 4816788
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
- $517,600
- Original list
- $619,000
- Price movement
- $101.4K reduction
- Listed / DOM
- Aug 28, 2025 · 433 days
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 2026-10-16T11:07:31.138+00:00; normalized from monthly dues.
Illustrative down payment
20% ($104K)
Adjustable assumption - not a lending recommendation.
Home price
$517,600
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
$517,600
Price per sqft
$400/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
433 days
Original to current
$101.4K reduction
$619K original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 16, 2026.
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