
— bed, — bath on 0.25 acres in Downtown Austin. Austin, TX 78701. $4,280,000.
ocation, location! This charming central Austin Victorian office building features a combination of large/small offices, work areas, updated restrooms conference rooms and more. Functionality perfectly suitable for many office users, inclusive of law firms, lobbyists, design/interior groups, architects, title companies and other professional services companies. Only minutes’ walk to University of Texas, Downtown, Capitol, Court House, and other nearby commercial amenities. Architecturally inviting Highlights Include: • Wood floors • High ceilings with an abundance of windows and natural lighting • Functional floor plan • Exclusive parking in back lot and ample street parking
Built in 1889 on a 0.2468-acre site in the urban core, 506 W 14th St W Unit #B stands out for something Austin cannot recreate: true historic character in a Commercial Sale - Office property priced at $4.90M. In Downtown Austin, this address puts a business in one of the most connected parts of Austin, TX 78701, where the Texas State Capitol, Downtown Austin, and The University of Texas at Austin all sit close by.
What is it like to operate from 506 W 14th St W Unit #B in Austin? It means working from a central office setting with direct access to the institutions that shape the city every day. West 14th Street places you near Guadalupe Street, Lavaca Street, and Martin Luther King Jr Blvd, with fast connections to MoPac and I-35 for clients and staff coming from across Travis County. The location also benefits from proximity to the Travis County Courthouse and the Capitol complex, which is a real advantage for legal, consulting, policy, architecture, design, and other professional service users who need to be near government, campus, and downtown business activity.
The source data identifies this property as an office asset, and that matters here. This is not a generic downtown suite. It is part of the original city grid in Downtown Austin, an area where older structures carry a different presence than newer commercial product. The 1889 build year gives 506 W 14th St W Unit #B a period identity that is difficult to match in central Austin, especially for firms that want a workspace with a distinct address and stronger street-level recognition. The lot size of 0.2468 acres is also notable in 78701, where land control is limited and long-term flexibility matters.
Some data points are not provided in the listing source. Square footage is not listed, so price per square foot cannot be calculated from the available information. Bed, bath, school district, school names, and school ratings are also not listed, which is typical for some commercial records and should be verified separately if needed for zoning, employee relocation, or mixed-use planning questions.
For buyers focused on central Austin office value, 506 W 14th St W Unit #B offers a rare mix of historic age, core location, and lasting relevance near the Capitol, UT, and the downtown business district, with the kind of address that should continue to hold attention as Austin grows.
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $734 per sq ft over the trailing 12 months (181 sales), as of October 15, 2026.
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 guideVerified property facts
506 W 14th St Unit #B is listed at $4,280,000 with 0 bedrooms, 0.25-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $635,625 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Oct 15, 2026).
506 W 14th St Unit #B is a Commercial Sale built in 1889 featuring 0 bedrooms, 0.25-acre lot.
This page does not assume a mortgage rate or publish a monthly payment for 506 W 14th St Unit #B. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Oct 15, 2026, 506 W 14th St Unit #B is offered at $4,280,000. The current MLS snapshot shows 211 active listings in 78701. Keenan Group has completed 12 verified transactions in 78701 within its 1,000+ completed transactions and $1B+ career volume across Austin. See Keenan Group's Downtown Austin guide for current neighborhood analysis.
#1 Austin Board of Realtors Team. 1,000+ homes sold and $1B+ in career sales over 25+ years in Austin.
25+ years advising buyers and sellers in this community
Listing information last updated August 14, 2026.
Listed by First American Homes
MLS# 5401042 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
4 records on file
Every recorded listing, sale, and lease at 506 W 14th ST Unit #B, whoever represented it.
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Listing timeline with current price, original ask, and market time.
Public record data from county appraisal records. Market value can differ from assessed value.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $3,613,625 | $3,225,600 | $388,025 |
2024+41.4% | — | $3,613,625 | $3,225,600 | $388,025 |
2023+0.0% | — | $2,555,302 | $3,225,600 | $388,025 |
2022-1.5% | — | $2,555,302 | $1,612,800 | $942,502 |
2021 | — | $2,593,647 | $1,612,800 | $942,502 |
District context schools are shown because address-level assigned school fields are not available for this property. 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% ($856K)
Adjustable assumption - not a lending recommendation.
$4,280,000
Luxury property intelligence
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List price
$4,280,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
274 days
Original to current
$620K reduction
$4.9M original
Active inventory context
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Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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#1 ABOR Team 2024 with $1B+ career sales volume
506 W 14th St Unit #B was built in 1889 (137 years ago). Buyers should budget for potential updates to major systems.
Answers use visible listing facts, school context, and neighborhood data available on this page. Verify time-sensitive details before making decisions.
Downtown Austin is one of Austin's established neighborhoods in the 78701 area. The Keenan Group has specialized in Downtown Austin real estate for 25+ years with 1,000+ career transactions. Contact (512) 415-7653 for current market conditions and available homes.
Source: Keenan Group at Compass Real Estate, #1 Austin Board of Realtors Team (2024)
Homes sold by Keenan Group.
5 events on record
Current Price
$4,280,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $3,613,625 | $3,225,600 | $388,025 |
2024+41.4% | — | $3,613,625 | $3,225,600 | $388,025 |
2023+0.0% | — | $2,555,302 | $3,225,600 | $388,025 |
2022-1.5% | — | $2,555,302 | $1,612,800 | $942,502 |
2021 | — | $2,593,647 | $1,612,800 | $942,502 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
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Neighborhood guide and local insights
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.
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