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2 bed, 2 bath, 2,361 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. Last listed at $900,000, sold October 11, 2013. Austin ISD.
About This Home
Experience luxury, modern sophistication, and convenience in the beautiful Plaza Lofts. Gorgeous two bedroom, 2.5 bath modern loft with 11 foot ceilings and wall-to-wall, floor-to-ceiling glass. Stained concrete floors, stainless appliances, over-sized walk-in closet. Private elevator access into the condo makes for a dramatic and convenient entrance. Located on Republic Square Park - enjoy restaurants, shopping, entertainment, and the Farmer's Market, all at your doorstep. A must see!Restrictions: Yes
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
- 2002
- Lot Size
- 0.01 acres
- Price / Sq Ft
- $381
- HOA
- $950/mo
- Garage
- 1 spaces
- Pool
- Yes
Listing information last updated June 13, 2023.
Listed by van Heuven Properties
MLS# 2182352 • 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
- High Ceilings
- Elevator
- Primary Bedroom on Main
- Walk-In Closet(s)
- Free-Standing Range
- Refrigerator
- Washer
- Dryer Stacked
- Concrete
- Heating
- Central
- Cooling
- Central Air,Evaporative Cooling
Exterior & Lot
- Steel Siding
- Stucco
- Slab
- Lot Size
- 0.01 Acres
- Attached
- Garage
- Garage Spaces
- 1
- Pool
- Yes
- View
- City,Lake,River
Financial
- HOA Fee
- $950 / mo
- Original List Price
- $900,000
- Price per Sq Ft
- $381
Utilities
- Electricity Available
- Natural Gas Available
- Phone Available
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
6 records on file
Every recorded listing, sale, and lease at 311 W 5th ST Unit #803, whoever represented it.
- WithdrawnListed 2023Current price: $1,695,000Original list: $2,200,000MLS 7453190
- WithdrawnListed 2023Asking rent: $9,900/moOriginal asking rent: $12,000/moMLS 6822479
- ExpiredListed 2023Current price: $2,500,000Original list: $2,500,000MLS 5816720
- WithdrawnListed 2023Current price: $2,500,000Original list: $2,500,000MLS 4601269
- WithdrawnListed 2023Asking rent: $16,000/moOriginal asking rent: $16,000/moMLS 1590770
- WithdrawnListed 2022Asking rent: $18,000/moOriginal asking rent: $18,000/moMLS 2023965
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
- $900,000
- Original list
- $900,000
- Price movement
- No verified reduction
- Listed / DOM
- Jun 3, 2013
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $1,287,562
- Assessment Year
- 2025
- Year Built
- 2002
- Parcel ID
- 000000525286
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-10.5% | — | $1,287,562 | — | — |
2024+0.2% | — | $1,438,738 | $277,246 | $1,114,908 |
2023+33.4% | — | $1,436,403 | $173,279 | $1,265,459 |
2022+27.4% | — | $1,076,715 | $173,279 | $1,263,124 |
2021 | — | $845,453 | $69,312 | $1,007,403 |
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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 2026-04-25T02:51:50.833075+00:00; normalized from monthly dues.
20% ($180K)
Adjustable assumption - not a lending recommendation.
$900,000
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Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$900,000
Price per sqft
$381/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$900K 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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