
Located at 805 Congress Avenue, this historic downtown Austin landmark is far more than a residence — it is a rare architectural masterpiece offering history, character, and exceptional versatility. Spanning four stories and more than 15,600 square feet across the upper three levels, the property blends timeless elegance with modern luxury in one of Austin's most coveted locations. A truly irreplaceable feature is the building's grandfathered three-phase electrical service — a rare infrastructure advantage that can no longer be replicated downtown — adding extraordinary flexibility for luxury residential living, large-scale entertaining, hospitality, or creative commercial use. The second floor features an expansive entertainment hall with a commercial-grade kitchen, stage, restrooms, and versatile event spaces for private parties or corporate functions. Amenities include a walk-in wine cellar, multiple convection ovens, a dedicated ice maker, and an exterior built-in bar with sink and stainless steel shelving. The third floor is the heart of the residence, offering two luxurious bedrooms, a home theater, chef's kitchen, and open-concept living and dining spaces for elevated everyday living and effortless entertaining. Historic details pair beautifully with modern conveniences, including a dedicated ice maker. Occupying the entire top level, the owner's suite delivers an unmatched retreat with a spacious bedroom, sitting room, Hollywood-style bath, private gym, and front and rear outdoor living spaces. The front balcony features a fireplace, kitchenette, and sweeping views of Congress Avenue and the Texas State Capitol. A third ice maker services this level for ultimate convenience. Just two blocks from the Capitol, this property places you at the center of Austin's premier dining, nightlife, culture, and entertainment. Rare historic significance, luxury amenities, and unmatched infrastructure make this one of downtown Austin's most exceptional offerings.
Property Type
Commercial Sale
Year Built
1871
Lot Size
0.09 acres
Listed by Watters International Realty
Verified property facts
805 Congress Ave is listed at $18,999,000 with 0 bedrooms, 0.09-acre lot. This places it above the ZIP 78701 single-family, condominium, and townhouse closed-sale median price of $623,500 (ZIP 78701 geography · single-family, condominium, and townhouse closed sales · median sale price · trailing 12 months as of Sep 4, 2026).
805 Congress Ave is a Commercial Sale built in 1871 featuring 0 bedrooms, 0.09-acre lot.
805 Congress Ave is listed by Watters International Realty. Keenan Group at Compass presents this IDX listing and provides the accompanying market analysis using MLS Grid / Unlock MLS data reviewed as of Sep 5, 2026.
The most recent annual property tax for 805 Congress Ave is $77,789. Texas has no state income tax, so property taxes are a primary revenue source. Rates vary by jurisdiction and exemptions. Verify current amounts with the county appraisal district.
#1 Austin Board of Realtors Team. Over 1,000 successful transactions with high-end expertise.
25+ years advising buyers and sellers in this community
Property Details
Flooring
Construction
Foundation
Parking
5 records on file
Every recorded listing, sale, and lease at 805 Congress Ave, 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% | — | $4,768,097 | — | — |
2024-26.6% | — | $4,768,097 | $3,136,000 | $1,632,097 |
2023+35.4% | — | $6,500,000 | $1,372,000 | $3,396,097 |
2022+43.0% | — | $4,800,000 | $1,372,000 | $5,128,000 |
2021 | — | $3,355,814 | $1,372,000 | $3,428,000 |

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. Ratings from GreatSchools.org.
20% ($3.8M)
Adjustable assumption - not a lending recommendation.
$18,999,000
Luxury property intelligence
A sourced read on Downtown Austin pricing, timing, and property scale. No automated valuation claim.
List price
$18,999,000
Price per sqft
Not available
Vs. Neighborhood guide reference price
+2071.3%
$875K · Downtown Austin neighborhood guide · reference price
Days on market
113 days
Original to current
$901K reduction
$19.9M original
Active inventory context
Ask for current inventory
Price Position in Downtown Austin
Listed 2071% above the Downtown Austin neighborhood guide reference price. Downtown Austin neighborhood guide · reference price.
Source: MLS Grid / Unlock MLS and Keenan Group review as of Sep 5, 2026.
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ZIP-level neighborhoods, schools, lifestyle, and Austin market context
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#1 ABOR Team 2024 with $1B+ career sales volume
This page does not assume a mortgage rate or publish a monthly payment for 805 Congress Ave. A property-specific estimate requires a current lender rate, chosen down payment, taxes, insurance, and any verified association dues.
As of Sep 5, 2026, 805 Congress Ave is offered at $18,999,000. The current MLS snapshot shows 213 active listings in 78701. Keenan Group has completed 11 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.
805 Congress Ave was built in 1871 (155 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)
Walker's Paradise
Good Transit
Very Bikeable
Walk Score measures walkability based on distance to amenities. Transit Score measures public transportation access. Bike Score measures bikeability based on bike infrastructure and terrain.
5 events on record
Current Price
$18,999,000
Timeline data compiled from MLS records and public records. Information deemed reliable but not guaranteed.
| Year | Taxes | Total Assessment | Land | Additions |
|---|---|---|---|---|
2025+0.0% | — | $4,768,097 | — | — |
2024-26.6% | — | $4,768,097 | $3,136,000 | $1,632,097 |
2023+35.4% | — | $6,500,000 | $1,372,000 | $3,396,097 |
2022+43.0% | — | $4,800,000 | $1,372,000 | $5,128,000 |
2021 | — | $3,355,814 | $1,372,000 | $3,428,000 |
Timeline merges MLS activity (when permitted) with public records. Some details may be restricted to registered VOW clients.
Comparable homes that recently closed in this area
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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