— bed, — bath on 0.25 acres in Downtown Austin. Austin, TX 78701. $4,280,000.
About This Home
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.
The numbers behind this insight
- Offered at
- $4,280,000
- Listed
- January 14, 2026
- Price changes
- Reduced, down 12.7% from $4,900,000
Keenan Luxury Market Index: $3M-$5M single-family homes across the Austin area sold at a median $732 per sq ft over the trailing 12 months (178 sales), as of November 4, 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 guide- Property Type
- Commercial Sale
- Year Built
- 1889
- Lot Size
- 0.25 acres
Listing information last updated August 14, 2026.
Listed by First American Homes
MLS# 5401042 • Active
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Wood
- Heating
- Central,Natural Gas
- Cooling
- Central Air
Exterior & Lot
- Concrete
- Frame
- Masonry – Partial
- Stone
- Stucco
- Lot Size
- 0.25 Acres
- Stories
- 2
- Parking Lot
- Paved
Financial
- Original List Price
- $4,900,000
Utilities
- Cable Available
- Electricity Connected
- High Speed Internet
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
4 records on file
Every recorded listing, sale, and lease at 506 W 14th ST Unit #B, whoever represented it.
- ActiveListed 2026Current price: $4,280,000Original list: $4,900,000MLS 5401042
- Price changed · August 14, 2026$4,280,000
- ExpiredListed 2025Current price: $4,900,000Original list: $4,900,000MLS 7283018
- ExpiredListed 2024Current price: $4,900,000Original list: $5,700,000MLS 6143572
- ExpiredListed 2023Current price: $6,420,000Original list: $6,420,000MLS 3968635
Prices shown are list prices. Closed sale prices are available to registered clients in accordance with ACTRIS rules.
Explore this area
Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $4,280,000
- Original list
- $4,900,000
- Price movement
- $620K reduction
- Listed / DOM
- Jan 14, 2026 · 294 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $3,613,625
- Assessment Year
- 2025
- Parcel ID
- 000000199738
| 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 Schools Nearby
Lasa High School
Bowie High School
McCallum High School
Garza Independence High School
Austin High School
Anderson High School
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.
Illustrative down payment
20% ($856K)
Adjustable assumption - not a lending recommendation.
Home price
$4,280,000
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
$4,280,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
Not available
Days on market
294 days
Original to current
$620K reduction
$4.9M original
Active inventory context
Ask for current inventory
Source: MLS Grid / Unlock MLS and Keenan Group review as of Oct 15, 2026.
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