1 bed, 1 bath, 749 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $520,000. Austin ISD.
About This Home
Located in the heart of downtown Austin, #1705 offers unmatched access to the city’s most exciting destinations—just steps from Rainey Street, the Lady Bird Lake Hike & Bike Trail, and a variety of renowned dining and entertainment options.
This property is short-term rental friendly and easy to lease, making it an ideal choice for both investors and those seeking a flexible city lifestyle.
Residents enjoy an array of resort-style amenities, including a rooftop pool with cabanas, a fully equipped fitness center with three Peloton bikes, 24-hour concierge service, valet parking, and exclusive owner privileges. Additional features include a co-working lounge, a rooftop club room with a full kitchen, a stylish coffee shop/bar in the lobby, and a dedicated 10th-floor dog park complete with a private dog wash station.
Whether you're looking for a vibrant place to live or a turn-key income property, #1705 delivers luxury, convenience, and the best of Austin right at your doorstep.
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
- 2022
- Lot Size
- 0.00 acres
- Price / Sq Ft
- $694
- Pool
- Yes
Listing information last updated September 22, 2026.
Listed by AustinRealEstate.com
MLS# 9946797 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Ceiling-High
- Quartz Counters
- Primary Bedroom on Main
- Walk-In Closet(s)
- Built-In Range
- Cooktop
- Dishwasher
- Disposal
- Microwave
- Oven
- Refrigerator
- Washer
- Dryer
- Terrazzo
- Tile
- Wood
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Concrete
- Glass
- Slab
- Roof
- Concrete
- Lot Size
- 0.00 Acres
- Covered
- Electric Vehicle Charging Station(s)
- Garage
- Valet
- Pool
- Yes
Financial
- Original List Price
- $695,000
- Price per Sq Ft
- $694
Utilities
- Electricity Available
- High Speed Internet
- Water Source
- Public
- Sewer
- Public Sewer
Explore this area
Price & Listing History
Price Change with current price, original ask, and market time.
- Current list
- $520,000
- Original list
- $695,000
- Price movement
- $175K reduction
- Listed / DOM
- Apr 4, 2025 · 568 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $585,174
- Assessment Year
- 2025
- Year Built
- 2021
- Parcel ID
- 000000958587
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-20.1% | — | $585,174 | $40,220 | — |
2024+484.3% | — | $732,245 | $40,220 | $683,168 |
2023 | — | $125,327 | $40,220 | $692,025 |
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, home insurance, and HOA dues. Each requires verified amount, cadence or unit, source, and as-of details.
20% ($104K)
Adjustable assumption - not a lending recommendation.
$520,000
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$520,000
Price per sqft
$694/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
568 days
Original to current
$175K reduction
$695K 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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