RENTED MAR 1, 2026

Estimated Value: $2,846,000 - $4,812,000

3 Beds
3.5 Baths
3,521 Sq Ft
540 Sq Ft Lot

Last Sold February 12, 2025

Current estimated payment $24,094/month

Highlights

  • Concierge
  • Fitness Center
  • Gated Parking
  • Mathews Elementary School Rated A
  • Media Room
  • 4-minute walk to Ann and Roy Butler Hike and Bike Trail

About This Home

As of March 2026

Welcome to an ultra-rare leasing opportunity in one of only four exclusive residences on the 56th floor of The Independent — Austin’s iconic downtown tower. Spanning an expansive footprint, this 3-bedroom, 3.5-bath luxury unit also includes a dedicated study, media room, wet bar, and two private covered balconies showcasing unmatched panoramic views of the Austin skyline, Shoal Creek, and Lady Bird Lake.
Step inside to discover high-end finishes throughout, including floor-to-ceiling windows, rich hardwood flooring, and an oversized island with a dramatic waterfall edge. The kitchen is outfitted with premium Gaggenau appliances and seamlessly flows into spacious living and dining areas ideal for both entertaining and everyday living. The spa-inspired primary suite features a luxurious en-suite bath and generous walk-in closet.
Additional highlights include three reserved premium parking spaces, refrigerator, washer & dryer, and thoughtfully designed living spaces that maximize light, privacy, and comfort.
Residents enjoy access to over 20,000 square feet of best-in-class amenities across two floors, including a heated infinity-edge pool, full gym and yoga studio, business center, theater room, kids’ playroom, catering kitchen, dog lounge, and 24/7 concierge.
Live, work, and play in the heart of downtown with walkable access to Trader Joe’s, Whole Foods, top-tier dining, boutique shopping, and the city's scenic trails.

Last Agent to Rent the Property

Jessica Bruehl

Keller Williams Realty Brokerage Phone: (512) 796-0389 License #0497870 Listed on: 08/22/2025

Keller Williams Realty

Last Renter's Agent

Philip Von Backstrom

Devora Realty License #0687520

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Lot Details

  • 540

Parking

  • 3 Car Garage
  • Gated Parking
  • Reserved Parking

Property Views

  • Lake
  • Panoramic
  • Hills

Home Design

  • Slab Foundation
  • Membrane Roofing

Interior Spaces

  • 3,521 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • High Ceiling
  • Recessed Lighting
  • Window Treatments
  • Multiple Living Areas
  • Dining Area
  • Media Room
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Double Vanity

Home Security

Schools

  • Mathews Elementary School
  • O Henry Middle School
  • Austin High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Phone Available

Additional Features

  • No Interior Steps
  • Southwest Facing Home

Listing and Financial Details

  • Security Deposit $25,000
  • Tenant pays for all utilities
  • The owner pays for association fees
  • Negotiable Lease Term
  • $40 Application Fee
  • Assessor Parcel Number 01070040560000
  • Tax Block 24

Community Details

Overview

  • Property has a Home Owners Association
  • 362 Units
  • Built by Balfour Beatty
  • The Independent Subdivision

Amenities

  • Concierge
  • Community Barbecue Grill
  • Business Center
  • Lounge

Recreation

  • Community Playground
  • Dog Park

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500
  • Pet Amenities

Security

  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

540 Sq Ft Lot

Parking

3

Rental Info

  • Furnished: Negotiable
  • Owner Pays: Association Fees
  • Tenant Pays: All Utilities
  • Pets Allowed: Negotiable
  • Available Date: 2025-08-09
  • App Deposit Payable To: Deepen Shah
  • App Fee Payable To: RentSpree
  • Application Fee: 40
  • Application Policy: Best Qualified Application
  • Application Required: See Online App
  • First Month Rent Payable To: Owner
  • Max Numof Pets: 2
  • Monthly Pet Rent: 0
  • Pet Deposit: 500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Year Built: 2019
  • Direction Faces: Southwest
  • Directions: From I-35 exit 6th St - > take 6th St to West Ave -> take a left on West Ave. From Mopac exit 5th St -> take 5th St to West Ave -> turn right on West Ave.
  • Disclosures: None
  • Fencing: None
  • Garage Spaces: 3
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Lease Term: Negotiable
  • Levels: One
  • Living Area: 3521
  • Other Structures: None
  • Attribution Contact: (512) 796-0389
  • ETJ Extra Territorial Jurdn: No
  • FEMA Flood Plain: No
  • Current Price Lot Size Squ: 34.99
  • Current Price By Living Ar: 5.37
  • "Current Price By Original ": 0.76
  • List Price Lot Size Square: 34.99
  • List Price By Living Area: 5.37
  • List Price By Original Lis: 0.76
  • Unit Style: Tower (14+ Stories)
  • Complex Name: The Independent
  • Smoking Inside YN: 0
  • Special Features: None

Interior Features

  • Interior Amenities: See Remarks, Ceiling-High, Double Vanity, Kitchen Island, Multiple Dining Areas, Multiple Living Areas, No Interior Steps, Primary Bedroom on Main, Recessed Lighting, Walk-In Closet(s)
  • View: City, Hill Country, Lake, Panoramic
  • Flooring: Tile, Wood
  • Fireplace Features: None
  • Accessibility Features: None
  • Appliances: Built-In Oven(s), Dishwasher, Disposal, Exhaust Fan, Gas Cooktop, Microwave, Washer/Dryer
  • Main Level Bedrooms: 3
  • Property Condition: Resale
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Spa Features: None
  • Window Features: Window Coverings
  • Laundry Location: In Unit,Laundry Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms: 3

Exterior Features

  • Exterior Features: Balcony
  • Roof: Membrane
  • Builder Name: Balfour Beatty
  • Foundation: Slab
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 3
  • Parking Features: Garage, Gated, Reserved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Other, Natural Gas Available, Phone Available, Water Available
  • Heating: Central
  • Water Source: Public
  • Cooling: Central Air

Association/Amenities

  • Association: Yes
  • Community Features: BBQ Pit/Grill, Business Center, Concierge, Dog Park, Fitness Center, Lounge, Media Center/Movie Theatre, Pet Amenities, Playground, Pool

Condo/Co-op/Association

  • Community Web Site: www.independentaustin.com
  • Managed By: Owner

Schools

  • Elementary School: Mathews
  • High School: Austin
  • Middle/Junior School: O Henry
  • Junior High Dist: Austin ISD

Lot Info

  • Lot Features: None
  • Parcel Number: 01070040560000
  • Lot Size Acres: 0.0124
  • Lot Size Sq Ft: 540.14
  • Subdivision Name: The Independent

Building Info

  • Construction Materials: See Remarks
  • New Construction: No

Multi Family

  • Number Of Units Total: 362

Tax Info

  • Tax Block: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Feb 12, 2025
Sold by
Cason Brandon
Bought by
Shah Deepen
Seller's Agent
Kevin Burns
Urbanspace
Buyer's Agent
Non Member
Non Member
List Price
$5,600,000
Views
196
Current Estimated Value
$3,668,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.16%

Purchase Details

Closed on
Mar 12, 2021
Sold by
3Rd & West Lp
Bought by
Cason Brandon
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Deepen -- Texas National Title
Cason Brandon -- Capital Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2026 03/01/26 Rented $18,900 0.0% --
02/19/2026 02/19/26 Under Contract -- -- --
01/02/2026 01/02/26 Price Changed $18,900 -7.8% $5 / Sq Ft
01/02/2026 01/02/26 For Rent $20,500 0.0% --
12/31/2025 12/31/25 Off Market $20,500 -- --
12/01/2025 12/01/25 Price Changed $20,500 -4.7% $6 / Sq Ft
11/22/2025 11/22/25 Price Changed $21,500 -6.5% $6 / Sq Ft
10/20/2025 10/20/25 Price Changed $23,000 -4.2% $7 / Sq Ft
10/02/2025 10/02/25 Price Changed $24,000 -4.0% $7 / Sq Ft
08/22/2025 08/22/25 For Rent $25,000 0.0% --
02/12/2025 02/12/25 Sold -- -- -- View Prior Sale
09/09/2024 09/09/24 Price Changed $5,000,000 -6.5% $1,423 / Sq Ft
05/29/2024 05/29/24 Price Changed $5,350,000 -4.5% $1,522 / Sq Ft
12/06/2023 12/06/23 For Sale $5,600,000 -- $1,594 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $60,092 $3,332,895 $143,148 $3,189,747
2023 $59,529 $3,686,636 $143,148 $3,543,488
2022 $72,808 $3,686,636 $143,148 $3,543,488
2021 $54,201 $2,490,082 $143,148 $2,346,934
2020 $53,027 $2,472,298 $114,519 $2,357,779
2018 $2,891 $130,569 $102,435 $28,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 5851283

Unlock MLS (Austin Board of REALTORS®)

APN: 901345

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