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2 bed, 2 bath, 1,286 sqft on 0.01 acres in Downtown Austin. Austin, TX 78701. Last listed at $685,000, sold April 16, 2021. Austin ISD.
About This Home
Coveted floor plan!! 3 of 5 of the current "Closed" or "Pending" units at the Shore in the past 90 days are *09 units. These units are desireable because their views will not be impacted by current construction in the Rainey Area. 1509 has an expansive balcony that overlooks the Mexican American Cultural Center's lawn and out onto Lady Bird Lake. The unit has newly updated Abode Hickory wood floors, custom sound mitigation panels in all bedroom windows (making outside noises nearly unnoticeable) and fresh carpeting in both bedrooms. This is an opportune time to get in at the Shore, with all of the luxury developing happening within the Rainey District, the Shore is uniquely positioned to see a rising tide effect on property values. 2019-2020 brought a full, fresh exterior paint job to the buidling, as well as newly painted interiors and fresh carpeting in all of the common areas. The lobby is currently being remodeled and the Fitness Center just received a facelift & was outfitted with all new equipment. The pool deck is being newly landscaped and will have new furniture. The building has never looked better and it's only going to shine brighter once the new renovations to the lobby and pool are complete!
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
- 2006
- Lot Size
- 0.01 acres
- Price / Sq Ft
- $533
- HOA
- $607/mo
- Garage
- 2 spaces
- Pool
- Yes
Listing information last updated April 30, 2021.
Listed by TOWERS.net
MLS# 2069186 • 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
- Breakfast Bar
- Ceiling Fan(s)
- High Ceilings
- Granite Counters
- Double Vanity
- High Speed Internet
- Open Floorplan
- Primary Bedroom on Main
- Soaking Tub
- Stackable W
- D Connections
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Electric Cooktop
- Exhaust Fan
- Freezer
- Ice Maker
- Microwave
- Electric Oven
- Free-Standing Refrigerator
- Self Cleaning Oven
- Stainless Steel Appliance(s)
- Washer
- Dryer
- Adobe
- Heating
- Electric
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Outdoor Grill
- Stucco
- Sprinkler - Automatic
- Pillar
- Post
- Pier
- Covered
- Rear Porch
- Roof
- Concrete,Mixed
- Lot Size
- 0.01 Acres
- Assigned
- Attached
- Concrete
- Covered
- Deeded
- Electric Gate
- Paved
- Secured
- Side By Side
- Garage Spaces
- 2
- Pool
- Yes
Financial
- HOA Fee
- $607 / mo
- Original List Price
- $685,000
- Price per Sq Ft
- $533
Utilities
- Cable Available
- Electricity Connected
- High Speed Internet
- Natural Gas Not Available
- Phone Available
- Sewer Connected
- Water Connected
- Water Source
- MUD
- Sewer
- MUD
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Price & Listing History
Listing timeline with current price, original ask, and market time.
- Current list
- $685,000
- Original list
- $685,000
- Price movement
- No verified reduction
- Listed / DOM
- Mar 5, 2021
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $579,606
- Assessment Year
- 2025
- Year Built
- 2006
- Parcel ID
- 000000726127
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-27.4% | — | $579,606 | — | — |
2024+23.5% | — | $798,791 | $140,078 | $456,084 |
2023-2.4% | — | $646,696 | $140,078 | $658,713 |
2022+2.8% | — | $662,766 | $140,078 | $506,618 |
2021 | — | $645,000 | $112,063 | $550,703 |
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% ($137K)
Adjustable assumption - not a lending recommendation.
$685,000
Luxury property intelligence
Keenan Market Position
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$685,000
Price per sqft
$533/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
Not available
Original to current
No verified reduction
$685K 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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