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Research the latest Austin condominiums in Downtown Austin Texas today. If you like little to no yard maintenance, downtown Austin living, wonderful amenities, and a greater sense of community, then condo-living is for you! To learn more about properties in Downtown Austin TX or schedule a private condo showing, call/text (512) 795-1973 or email your expert Austin real estate agent today. Whether you're a savvy condo seller or a first-time home buyer, create an account to easily review your Downtown Austin condominium buying process and progress. Read more about condos in Austin below.

Austin Condo Listings on MLS

May 28, 2023
765
Listed
69
Avg. DOM
$538.16
Avg. $ / Sq.Ft.
$525,000
Med. List Price
765 Properties
Page 1 of 48
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Austin Condos

Downtown Austin is one of the top destinations in the U.S. for its booming tech scene and live music available at many local establishments. One of the best places to live in downtown Austin is in a condominium where you enjoy spectacular views of the city and surround yourself with top attractions and sites that are easy to access. If you're considering moving to a condo in Austin, Texas, there are a few benefits they offer if you're looking for a higher quality of life.

Immerse Yourself in the Nightlife

Austin, Texas, is known to have an exciting nightlife scene due to the variety of restaurants, bars, and clubs that are present on every corner. Some of the top places to visit include Elysium, where there are always DJs and industrial dance music present, as well as Antone's Nightclub, where you can watch live bands play and where music legends are known to frequent.

Locals are also known to spend a Friday night at The Continental Club, Parker Jazz Club, and Midnight Cowboy. When you're minutes away from top establishments in the city, you can walk to nearby locations without worrying about parking or getting a ride home after a few drinks. It also allows you to meet other locals and fully immerse yourself in a fun and lively environment, whether you're partying at Cedar Street Courtyard or meeting new people at Speakeasy.

Close Proximity to the Downtown Action

One of the benefits of living in a chic condo downtown is its close proximity to the downtown action that occurs throughout the week. You can have access to more festivals, parades, and parties that are hosted each season without feeling like you're missing out or worrying about spending time on the toll road to spend the night in a fun and exciting destination.

This makes it easier to meet up with friends for drinks after work or attend the grand opening of a new restaurant, providing you with more opportunities to have fun and create new memories in a desirable setting.

The variety of live music venues, dining, and shopping available can allow you to visit a new location every night of the week and discover everything the downtown area has to offer. On the weekends, you can explore the SFC Farmers Market at Republic Square, where a variety of food trucks and snack stands are present.

The arts and entertainment is one of the highlights of the downtown area and offers premier concert venues, including the ACL Live at the Moody Theater and the Paramount Theatre. If you want to view local exhibits, stop by Contemporary Austin - Jones Center to see modern installations or Mexic-Arte Museum for cultural exhibits.

If you're in need of a good laugh, The Hideout Theatre regularly has comedy shows available to the public.

Explore the Outdoors

Just because you live in the city doesn't mean you can't have access to the great outdoors. You can stay active by visiting Ann and Roy Butler Hike-and-Bike Trail, where there's a ten-mile trail system and a lake where you can spend time swimming or kayaking. Afterward, grab a bite to eat at Alta’s Cafe, which offers beautiful views of the water.

Zilker Metropolitan Park offers sprawling green space with over 350 acres available to explore. It was made into a park during the Great Depression and now offers a variety of recreational activities that include hiking and biking. Annual events are also hosted at the location, including the Zilker Park Kite Festival and the Austin City Limits Music Festival.

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Increased High Demand

Due to the significant growth that is occurring in Austin, Texas, it has caused there to be an increased demand for condos that are present in the city. As the second fastest-growing city in the country, the growing economy and variety of major companies present in the area continue to attract all types of professionals and transplants looking for an appealing city to live.

Investing in a condo and becoming a homeowner in Austin, Texas, has proven to be highly profitable as property values continue to soar each year due to the city's increased growth. In 2020, the median home price was $349,156, which increased to $566,479 in 2022. Owning a condo, even for a short amount of time, can be a wise investment, whether you're looking to call Austin home for one year or for the foreseeable future.

As a technology hub and with plans for more companies to relocate to the city, most experts agree that the housing market will continue to grow, even in a recession. In fact, it experienced a rapid rebound from the pandemic, much more than other locations in the U.S., according to communityimpact.com.

Top Buildings with Condos in Austin

As more people relocate to Austin, there is a long list of new developments with condos that are in the process of being constructed. According to businesswire.com, a 55-story condo tower was recently built, known as The Modern Austin Residences, boasting 345 market-rate residences.

The Austonian is a staple in the city as a residential tower that stands 683 feet tall and has 56 floors. The Independent is another desirable place to live, which stands out for its innovative architecture and towering height of 690 feet.

Condos at 70 Rainey are also in demand for the luxurious amenities offered to residents, including a pool, fitness studio, dog run, 24-hour concierge, and clubhouse. It's located in a popular nightlife district and features trendy and sleek interiors with the design.

According to abor.com, housing continues to increase in Austin, with buyers having more negotiating power since 2019. It's expected to remain a seller's market in the coming years despite rising interest rates and inflation. For many buyers, now is the best time to buy before prices steadily rise as growth continues to occur in the area and more companies like Tesla, Target, and Apple move their headquarters to the local area and attract more people to the city.