Downtown AustinThe Heartbeat of Central Texas
Downtown Austin is one of the most progressive and exciting urban centers to live in the entire country. Because of its heavy reliance on tech industry jobs and investment, Austin’s downtown business sector is the mirror for what we can expect to see in terms of progress and jobs throughout the country. There are endless amounts of entertainment, cuisine, and shopping for anyone who feels so inclined. Live music? Try out ACL Live at Moody Theater. Coffee? Why don’t you try out Peloton’s. Need a bar that was built around a train car with great live music in the stylings of Elvis? Try out Donn’s Depot. Need a local organic grocery store? Whole Foods is around the corner. With new high-rises going up everyday – many of which are mixed use for both residential and business – the real estate market is vibrant and competitive. For the most part, living in Downtown Austin requires a sizeable income as most of the condos in the area are priced for luxury tenants, many of whom are seeking to establish a second residence in an exciting city.
Downtown Austin Condo Statistics
Living in Downtown Austin requires a certain level of financial means, especially if you’re looking for more than a one or two-bedroom place. On average, condos in the downtown area cost around $500,000, with a median price of anywhere from $490 to $600 per square foot. Because it is such a popular place to live, real estate is scarce as many condos sell out before they’ve even completed construction. It’s important to know that you’re best bet to lock down a condo is to get in touch with a realtor who knows the area. Get in touch with Juanita today!
Condo Styles in Downtown Austin
Downtown Austin condos are modern builds with up-to-date amenities, parking, concierges, and more. You can also find historic buildings with lofts available, but the majority of available real estate is for new construction. For some of the nicer penthouses in buildings like the W and the Austonian, it is common for buyers to purchase them unfurnished and then build out the floor plans to their own liking. For existing condos, you’ll find a lot of loft-style builds featuring exposed brick or wood, open floor plans, and floor to ceiling windows.
Prominent Areas of Downtown Austin
Downtown Austin features many districts and areas of town that have a culture and vibrancy all to their own. While there is no specific residential district, there are plenty of parts of Downtown Austin that will appeal to people with different interests. The Warehouse District is an up and coming area that features nightclubs, organic shops, shopping, fine dining, and tons of new condos in the works. The Red River Cultural District is the home to Austin’s live music, with plenty of hotels and available condos. The Eastside is Austin’s up and coming artistic district. Old school venues, food trucks, and restaurants line up next to modern condos. 6th Street is the notorious nightlife district featuring rows of bars and dining. There is really something for everyone.
The Downtown Austin Lifestyle
The Downtown Austin lifestyle is fast-paced, fueled by live music, coffee, cocktails, and the ever present drum of the growing tech industry. With so much to do all the time, a seasoned Downtown Austonian will have a finely curated taste for what interests them as the culture of Austin is both eclectic and unique. Because of its growth, Austin has grown from mid-sized Southwestern city to a bona fide cultural metropolis, so you can really, truly find anything you want, you just need to look.
Secondary Residences in Downtown Austin
It should be no secret that Austin is becoming a destination town. With ACL, SXSW, F1, and countless other festivals (there’s a festival nearly every weekend), plenty of out-of-towners seek out secondary residences in Downtown Austin. They are drawn to the city’s energy and want some place comfortable to stay when they’re in town. Downtown Austin features close proximity to the nexus of all the festivals held in Austin, while providing a high standard of living. If you’re interested in a secondary residence, please get in touch with Juanita today.
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Learn about Austin’s most exciting part of town: Downtown Austin. Get to know the lifestyle, condos, and more on this page.
- Livability Score: 84
- Home to SXSW, ACL, Alamo Drafthouse Ritz
- Average Commute: none
- Median Condo Value: $500k
The W Residences, South Congress, Four Seasons, Travis Heights, Zilker