1 bed, 1 bath, 1,029 sqft on 0.00 acres in Downtown Austin. Austin, TX 78701. $430,000. Austin ISD.
About This Home
Experience the pulse of downtown Austin from this elevated retreat above the vibrant Rainey Street District. Perfectly positioned with immediate access to the Lady Bird Lake Hike and Bike Trail, Residence 811 offers a sophisticated blend of urban energy and serenity. This thoughtfully designed one-bedroom plus office nook has been refreshed with new luxury vinyl plank flooring and fresh paint. Natural light pours into the living space, highlighting elegant stone accent walls that add texture and warmth. The kitchen is a chef’s delight, anchored by granite countertops and sleek stainless steel appliances. When it’s time to unwind, the spacious bathroom serves as a private spa with its double vanity, deep soaking tub, and separate walk-in shower. The true showstopper is the expansive 8th-floor balcony. Step outside to take in 180-degree views of Lady Bird Lake, spectacular Texas sunsets, and a front-row seat to the holiday fireworks over Auditorium Shores. Life at The Shore means enjoying a suite of premium amenities, including a 24-hour concierge, a fitness center, and a fenced dog area. The pool deck is an entertainer's dream, featuring BBQ grills, a cozy fireplace, and a shaded gazebo for breezy afternoons. Best of all, this unit includes two dedicated parking spaces in the secure garage—a rare find in the heart of the city.
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
- 0.00 acres
- Price / Sq Ft
- $418
- HOA
- $658/mo
- Garage
- 2 spaces
Listing information last updated October 12, 2026.
Listed by Compass RE Texas, LLC
MLS# 1868069 • Active Under Contract
IDX inquiries: Keenan Group at Compass · (512) 415-7653
Highlights
Facts & Features
Interior
- Breakfast Bar
- Granite Counters
- Open Floorplan
- Smart Thermostat
- Walk-In Closet(s)
- Dishwasher
- Disposal
- Dryer
- Free-Standing Gas Range
- Refrigerator
- Washer
- Vinyl
- Heating
- Central
- Cooling
- Central Air
Exterior & Lot
- Balcony
- Concrete
- Level
- Permanent
- Covered
- Roof
- Concrete
- Lot Size
- 0.00 Acres
- Assigned
- Covered
- Garage
- Garage Spaces
- 2
Financial
- HOA Fee
- $658 / mo
- Original List Price
- $475,000
- Price per Sq Ft
- $418
Utilities
- Electricity Connected
- High Speed Internet
- Sewer Connected
- Water Connected
- Water Source
- Public
- Sewer
- Public Sewer
Transaction History
1 record on file
Every recorded listing, sale, and lease at 603 Davis ST Unit #811, whoever represented it.
- Active Under ContractListed 2026Current price: $430,000Original list: $475,000MLS 1868069
- Listed · July 31, 2026$475,000
- Price changed · October 3, 2026$430,000
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
Active Under Contract with current price, original ask, and market time.
- Current list
- $430,000
- Original list
- $475,000
- Price movement
- $45K reduction
- Listed / DOM
- Jul 31, 2026 · 68 days
Tax Record
Public record data from county appraisal records. Market value can differ from assessed value.
- Assessed Value
- $484,709
- Assessment Year
- 2025
- Year Built
- 2006
- Parcel ID
- 000000726049
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025-24.5% | — | $484,709 | — | — |
2024+24.4% | — | $641,835 | $112,099 | $402,993 |
2023+14.7% | — | $516,135 | $112,099 | $529,736 |
2022+2.6% | — | $449,895 | $112,099 | $404,036 |
2021 | — | $438,464 | $89,679 | $360,216 |
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 2026-10-16T16:07:24.494+00:00; normalized from monthly dues.
Illustrative down payment
20% ($86K)
Adjustable assumption - not a lending recommendation.
Home price
$430,000
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
$430,000
Price per sqft
$418/sqft
Vs. Neighborhood guide reference price
Not available
Days on market
68 days
Original to current
$45K reduction
$475K 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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