Austin City Lofts 800 W 5th St Unit 705 Austin, TX 78703
Market District NeighborhoodEstimated payment $6,487/month
Highlights
- Concierge
- 24-Hour Security
- City View
- Mathews Elementary School Rated A
- In Ground Pool
- Granite Countertops
About This Home
ASSUMABLE LOAN : 2.6% Interest rate, 30 year conventional, $483,000 remaining balance, insurance and taxes escrowed, payments are $1,650 every 2 weeks.Rare opportunity to own a two bedroom unit in Austin City Lofts, a boutique luxury building with only 82 residences located in one of downtown Austin’s most walkable and desirable neighborhoods.
This true urban loft offers 1,482 square feet with 2 bedrooms and 2 full bathrooms, priced at just $499 per square foot, making it the best value 2-bedroom condo currently available in the Market District. An assumable mortgage at an ultra-low 2.6% interest rate is available to qualified buyers, representing an opportunity for significant savings compared to prevailing mortgage rates.
The residence features floor-to-ceiling windows, exposed concrete ceilings and floors, and expansive views of the downtown Austin skyline. The open-concept kitchen is equipped with stone countertops, gas cooking, and premium Viking stainless steel appliances. The spacious owner’s suite includes a large walk-in closet, huge soaking tub, separate shower, and dual vanities with Grohe hardware. The second bedroom offers excellent flexibility for a guest space, home office, or both. The condo comes with two reserved parking spaces and a spacious private storage unit located adjacent to them.
Extensive renovations completed in 2021 included new flooring throughout, remodeled kitchen and bathrooms, and a custom, interior designer–created color wash applied to all walls. New HVAC system installed in 2023.
Austin City Lofts is located just one block from Whole Foods and West 6th Street’s vibrant restaurants and nightlife, and only three blocks to the Lady Bird Lake hike-and-bike trail, offering the best of city living. Building amenities include a 24-hour concierge, secure private lobby, resort-style pool and hot tub, outdoor dining loggia with grilling area, and a limited-access parking garage.
Listing Agent
AIR Property Group Brokerage Phone: (512) 574-2969 License #0565976 Listed on: 06/20/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,541
Year Built
- Built in 2003
Lot Details
- South Facing Home
- Partially Fenced Property
HOA Fees
- $1,534 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Secured Garage or Parking
- Assigned Parking
Home Design
- Slab Foundation
- Concrete Siding
- Metal Siding
Interior Spaces
- 1,482 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Window Treatments
Kitchen
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Concrete
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Double Vanity
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- In Ground Spa
Outdoor Features
- Patio
Location
- City Lot
Schools
- Mathews Elementary School
- O Henry Middle School
- Austin High School
Utilities
- Central Heating and Cooling System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 01070018320000
Community Details
Overview
- Association fees include water, sewer, trash
- Austin City Lofts Association
- Austin City Lofts Amd Subdivision
Amenities
- Concierge
- Community Barbecue Grill
- Common Area
- Community Mailbox
Recreation
Security
- 24-Hour Security
- Controlled Access
Map
About Austin City Lofts
Home Values in the Area
Average Home Value in this Area
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 | $12,541 | $712,747 | $95,480 | $617,267 |
| 2023 | $12,541 | $889,723 | $95,480 | $794,243 |
| 2022 | $14,579 | $833,000 | $95,480 | $737,520 |
| 2021 | $16,538 | $759,778 | $95,480 | $664,298 |
| 2020 | $14,772 | $688,700 | $95,480 | $593,220 |
| 2018 | $15,570 | $703,243 | $95,480 | $607,763 |
| 2017 | $14,735 | $660,700 | $95,480 | $565,220 |
| 2016 | $14,999 | $672,550 | $83,026 | $620,762 |
| 2015 | $12,391 | $611,409 | $80,870 | $537,566 |
| 2014 | $12,391 | $555,826 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | For Sale | $740,000 | 0.0% | $499 / Sq Ft |
| 10/26/2024 10/26/24 | Rented | $4,500 | 0.0% | -- |
| 10/06/2024 10/06/24 | Under Contract | -- | -- | -- |
| 09/07/2024 09/07/24 | For Rent | $4,500 | -8.2% | -- |
| 10/01/2022 10/01/22 | Rented | $4,900 | 0.0% | -- |
| 09/28/2022 09/28/22 | Under Contract | -- | -- | -- |
| 09/24/2022 09/24/22 | For Rent | $4,900 | 0.0% | -- |
| 02/24/2021 02/24/21 | Sold | -- | -- | -- |
| 12/21/2020 12/21/20 | Pending | -- | -- | -- |
| 12/14/2020 12/14/20 | Price Changed | $865,000 | -1.1% | $584 / Sq Ft |
| 09/25/2020 09/25/20 | For Sale | $875,000 | -- | $590 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Vendors Lien | -- | Heritage Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Vendors Lien | -- | Chicago Title Insurance Co | |
| Vendors Lien | -- | Heritage Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $548,000 | New Conventional | |
| Previous Owner | $417,000 | Commercial | |
| Previous Owner | $200,000 | Commercial |
Source: Unlock MLS (Austin Board of REALTORS®)
MLS Number: 1386745
APN: 563584
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