Thinking about investing in a piece of Austin, but unwilling to budge when it comes to living in prime locations with exceptional walkability? Well you're in luck, because we've assembled the 13 most important emerging condo communities in Austin's urban core in this easy-to-reference list.
Flashback to your middle school days. Everything is daunting, everybody is awkward, and if you’re like the author of this post, you just face-planted attempting a sick grind on the staircase railing in your SOAP shoes. Better luck next time, kid.
Buying a condo in Austin is like approaching the hottest girl at the middle school dance: everyone wants a piece of our town, but when it comes to making the leap to homeownership, your stomach starts to get queasy.
While we at Austin Craft Realty don’t have access to a DeLorean time machine (it’s in the shop) to help your middle school confidence game, we DO have the tools, expertise, and info to empower your knowledge of Austin’s emerging condo market...in places you’ll actually want to live.
There are some beautiful things to owning a condominium. Condos maximize your location options, enable a hassle-free “lock & leave” lifestyle, and up the social ante by giving you access to amenities such as a pool, fitness center, clubhouse, parking garage, dog park, and more.
And then there are the dreaded HOA monthly payments. While there’s a whole ‘nother conversation that we’re happy to have that justifies HOAs and explains where the money goes to, you’re here to learn about the newest market offerings, not boring things like HOA dues! So, let’s get crackin’.
***Note: Prices are of mid-November 2018. They are slated to go up, as when buildings sell more and more units they tend to raise prices. Give Austin Craft Realty a call for the latest prices.
EAST AUSTIN - 78702 & 78722
Roseville on Manor
Okay, so we’re crushing on this community HARD right now. Where else are you going to get a 2 bedroom townhouse in the Cherrywood neighborhood on the Eastside WITH A 2-CAR GARAGE starting in the lower mid-$300s?! If you see it elsewhere, let us know. Seriously an incredible value. The walkability of E. Manor is still strong with this location, even though it’s down as far as you want to go, which is approaching Airport Blvd (though far enough away to avoid related noise/traffic).
Drive Time Downtown: 7 minutes
Walkable Hotspots: Thunderbird Coffee, 8Track, Vortex Theater, Dai Due, Salty Sow, Boggy Creek Greenbelt.
Amenities: 2 car parking garage for all townhomes
HOA Fees: A units = $90/mo, B units = $165/mo & C units = $135/mo
Number of Stories: 3
Number of Units Total: 39
Parking: 2 car garages for all townhouses and parking available for A units at $20k
Unit Mix: Studios, 1 bedroom, 2 bedroom and 3 bedroom townhomes
Square Footage: 480 - 525
Starting Price: 1st floor only. Studio/Live-Work units (A plan) starting in the mid-100s for the Austin Affordable Units and low 200s for market units
Square Footage: 1062 + 51 SF balcony
Starting Price: lower-mid 300s
Square Footage: 1062 + 77 SF balcony
Starting Price: lower-mid 300s
Square Footage: 1,768 + 217 SF balcony
Starting Price: mid-400s
Reservation Process: $1K refundable reservation. Hold up to 2 weeks. 10% earnest money required once they’ve gone to contract, which should be by mid-December 2018.
Location is off the charts at Fourth &. With its confusingly postmodern name and proclivity for “micro-unit” studio living, this Austin condo community will cost you a lil more per square foot due to its centrality. However, who needs space when you’re out and about all the time with the bazillion walkable options, especially when the adjacent Plaza Saltillo is finished. Plenty of retail space at your feet, so it’s always a-buzzin’. Oh, and you get your OWN PERSONAL SOLAR PANEL, which YOU own, not the HOA. Sweet.
Drive Time Downtown: 4 minutes
Walkable Hotspots: Whislers, Lazarus, Via 313, Plaza Saltillo (coming soon)
Amenities: Pool, media room, club room, lounge/grilling area, conference room, dog watch area, 2 guest suites
HOA Fees: $.46/SF (includes solar panel maintenance)
Number of Stories: 3
Number of Units Total: 97
Parking: Controlled access garage, 1 spot per bedroom
Unit Mix: Micro studios, Studios, 1 bedroom & 2 bedroom
Square Footage: 512
Starting Price: $250,000
Square Footage: 673 - 682
Starting Price: $320,000
Square Footage: 707 - 778
Starting Price: $380,000
Square Footage: 984 - 1097
Starting Price: $450,000
Availability: Over 70% sold
Reservation Process: Straight to contract only, 5% down
Modern 2-level townhomes perched atop retail overlooking bustling E. 7th street. While E. 7th still has a ways to go in terms of development—and can be a bit noisy/unsightly in spots—you’re still a short walk away from all the action on E. 6th st. These are great homes for those who want the space of two stories but still value walkability. The developer, PSW, has been crushing it in Austin lately and produces a clean, modern product that maximizes light, airy spaces.
Drive Time Downtown: 5 minutes
Walkable Hotspots: Nasha, Cuvee, Lazarus Brewery
Amenities: BBQ grills, courtyard, fire pits, dog wash station & dog run, bike rack
HOA Fees: $180/month
Number of Stories: 2
Number of Units Total: 48
Parking: Covered parking, 1 per bedroom
Unit Mix: 1 bedroom & 2 bedroom
Square Footage: 1033 - 1161
Starting Price: $399,000
Square Footage: 1161+
Starting Price: $425,000
Availability: 12 available
Reservation Process: Straight to contract, reduced to 3% down
Here's another community vid from Vertical Ground Productions!
With large floorplans and an insanely walkable location at the beginning of Manor rd, Eastgate is selling quickly. In fact, one of our own Austin Craft Realty agents has one reserved! E. Manor rd has been ahead of the development curve of the Eastside for some time now, largely due to its proximity to UT and better schools that the 78722 zip code that encompasses Cherrywood are afforded.
Drive Time Downtown: 7 minutes
Walkable Hotspots: Salty Sow, Haymaker, El Chilito
Amenities: Pool, rooftop terrace
HOA Fees: $.20/SF
Number of Stories: 4 front, 3 rear
Number of Units Total: 68
Parking: Controlled access garage, 1 per bedroom
Unit Mix: Studios, 1 bedrooms, 2 bedrooms, Two story townhomes & live/work
Square Footage: 744 - 903
Starting Price: $285,000
Availability: over 70% sold out
Reservation Process: Straight to contract only
A small project with stunning design that recently broke ground right next to Plaza Saltillo. Much of the project is dedicated to office space, and a giant WeWork is going in just a few blocks away to help fill up all these condos. Foundry only has 1/1s left, and they are likely to go fast. A great investment due to the fact that Plaza Saltillo’s 850 residential housing units will all be centrally-managed apartments for rent, so there will be demand for condos to own!
Drive Time Downtown: 4 Minutes
Walkable Hotspots: La Bufalina, Zilker Brewing Co, The Grackle, Hotel Vegas, Ramen Tatsu-Ya
Amenities: Exclusive access to on-site Private Fitness Club
Oversized terraces and abundant natural light
HOA Fees: $224/mo - $430/mo
Number of Stories: 3
Number of Units Total: 17
Parking: covered parking, 1 per bedroom
Unit Mix: 1 bedroom + study, 2 bedroom
Square Footage: 654 - 738 + study = 842
Starting Price: $359,000
Square Footage: 1,054 - 1,240
Starting Price: $499,000
Availability: 3 available
Reservation Process: $2,500 Deposit at time of contract, 7 day option, 10% earnest
DOWNTOWN AUSTIN - 78701
Austin Proper Residences
The crème de la crème in boujee downtown living. Being apart of the 1% never felt so good. The interior finishes are completely over the top. Want a herringbone floor pattern? You got it. Want a type of marble that we can’t pronounce? Done. Want your OWN PRIVATE PLUNGE POOL on your balcony?!? That’ll be a crisp $500 G’s, please. When you’re this rich, living in a condo atop a hotel is a great way to flaunt your winnings, but can also be annoying if you just want some peace & quiet. Being a 1%er is sooo hard. Our only gripe is the views…this stunning building is wedged between quite a few shiny new towers, so unless you’re facing west or Southwest then we hope you like an “urban” view.
Walkable Hotspots: Hit the trail for a morning jog around Lady Bird Lake. Walk to lunch, shopping and your meetings on the broad shady sidewalks of the 2nd Street District. Catch a show or dinner at one of the amazing neighborhood storefronts (25% off to residents)
Amenities: Residency atop a hotel accommodates all manner of moods: owners-only library/lounge, multiple bar and culinary experiences, hotel beauty, fitness and spa center.
HOA Fees: $.66/SF
Number of Stories: 33
Number of Units Total: 98
Parking: 1 for 1 bedroom or 2 for 2 & 3, grand penthouse has 3
Reservation Process: Straight to contract, 15% down non-refundable
5th & West
The next pricing tier down is the Michael Hsu-designed 5th & West. But make no mistake, it’s still for the elite 2%, which sounds less daunting. We love the Asia meets southern living interior design aesthetic. We also love the views here, which are protected by Austin’s Capitol View Corridor height restrictions that mandate the Lamar bridge must have a view of the epic Texas Capitol. West 6th is at your feet, as is the Whole Foods HQ, so there’s always something to do.
Walkable Hotspots: Zilker Park and Republic Square surround the Market District. Walton’s Fancy, Staple, Fixe, Clark’s, Roosevelt Room and Garage Bar
Amenities: Sky deck, indoor pet verandah and fitness center
HOA Fees: $.56/SF
Number of Stories: 39
Number of Units Total: 154
Parking: 1 for 1 bedroom or 2 for 2 & 3
Unit Mix: 1 - 4 bedrooms
Square Footage: 652 - 1,092
Starting Price: $535,000
Square Footage: 1,092 - 1,759
Starting Price: $1,235,000 (sold out)
Square Footage: 2,009 - 2,697
Starting Price: $1,455,000.00
Four Bedroom Penthouses
Square Footage: 5,240
Starting Price: not disclosed
Availability: 85% sold out
Reservation Process: $1k to hold, 10% down earnest
Beautiful, masculine black building with stunning views…if you’re living on a certain side of the hall. Otherwise, it’s a commanding view of the Interstate. This ultra high-end building is on Austin’s now-infamous Rainey St, which is a boozy peninsula of nightlife sequestered off in to the Southeastern corner of Downtown. While having the gorgeous Town Lake Trail at your feet is nice, this can be a tough place to live on unless you’re all about partying all the time.
Walkable Hotspots: Emmer & Rye, Via 313, L'Estelle House, Rainey St bars, Mexican American Cultural Center
Amenities: 72’ Infinity-edge pool with expansive decking and cabanas, 2200 SF fitness facility, men and women’s locker rooms with dry-heat sauna and showers, therapeutic dipping pool (hot tub), dog park, urban gardens, (2) fire-pits, clubhouse and lounge, gaming area, yoga terrace, outdoor kitchen and tv area.
Reservation Process: No longer in the reservation process. To secure a unit, 10%-15% earnest money is required at contract with the remaining due at close.
Right smack dab in the middle of the more polished western half of Downtown, the “Jenga Tower” highrise is the tallest building in town. At price points below the rest of Downtown proper’s newest crop of luxury condos, it is already 85% sold. We’ll see how long it takes for a taller tower to best its height!
Walkable Hotspots: Trader Joe's, New Central Library, Lady Bird Lake, hike & bike trails, Shoal Creek greenbelt
Amenities: 9th Fl: infinity edge pool, children's activity room, dog park, grooming station & indoor lounge, guest suites, club room + coffee bar, outdoor lounge + fireplace / 34th Fl: private dining, owner's lounge, exterior lounge + fireplaces, private theater + cityscape views, board room, conference rooms, sky fitness center + yoga and barre studio
HOA Fees: $.55/SF
Number of Stories: 58
Number of Units Total: 363
Parking: higher the floor your condo is on the lower the floor your parking is on
Unit Mix: 1 bed, 1bed + studio, 2 bed, 2 bed + study, 3 bed, 3 bed + study, 4 bed + media room, 4 bed + study
Square Footage: 999 - 1,026
Starting Price: $600,000
Square Footage: 1,106 - 4,490
Starting Price: $700,000
Square Footage: 1,838 - 3,514
Starting Price: $1,460,000
Availability: 42 units available
Reservation Process: 15% down
Okay, so while not technically downtown, The Tyndall bills itself as such AND is of a quality that one would expect to be downtown. Fortunately, the the pricing puts it at a great deal if you compare it to its Downtown competition. However, if you compare it to its Eastside competition, you’re looking at a higher price point and HOAs. It’s all how you look at it, but regardless this is a beautiful building with incredible amenities for the Eastside.
Drive Time Downtown: 2 minutes
Walkable Hotspots: Walk to downtown, the trails of Lady Bird Lake, and east side entertainment, over 150 restaurants, bars and coffee shops within a one-mile radius, nearby historic sites including the French Legation and the George Washington Carver Museum
Amenities: Expansive pool deck with unobstructed downtown and protected capitol views, 24-hour private lobby with concierge service and package reception, Media-equipped conference room convertible to stylish dining room, Intimate grotto gathering area with tables and booth seating, car charging stations
Reservation Process: 5% Earnest money with a signed contract – no option period – close as quickly as you can get financing
SOUTH CENTRAL AUSTIN - 78704
Located on one of Austin’s most charmingly funky streets, South First, Guild Lofts are primarily a collection of 3-story townhomes on a long, skinny tract of land. 10’ ceilings, covered parking, and impeccable styling by Webber+Studio Architects make this a hot development, especially since finding land for new condos in Austin’s 78704 zip code is becoming more scarce by the day. Being a smidgeon south of Oltorf, essentially the midpoint in S. Central, keeps prices reasonable!
Drive Time Downtown: 8 minutes
Walkable Hotspots: Torchy's Tacos, Toss Pizza, Winebelly, Crow Bar
Amenities: private rooftop terraces, warm modern interiors w/durable flooring, green space for your furry friends
HOA Fees: $.23/SF
Number of Stories: 3
Number of Units Total: 25
Parking: 1 per bedroom
Unit Mix: 3-story lofts & single-level flats
Square Footage: 1,142
Starting Price: $375,000
Square Footage: 1,475 - 2,270
Starting Price: $475,000.00
Availability: 17 units available
Reservation Process: Straight to contract, 3% earnest, 7 day option period
Zilkr on the Park
Not quite a new building, Zilkr is a unique property because it is an apartment building that is being converted to condos. Location is PRIMO…I mean, it’s only next to the most popular outdoor destination in town, no big deal. Amenities are solid, and there’s a variety of floor plans, especially studios still available. However, since it was originally built as apartments, the level of finishes and quality of build isn’t up to par vs. the competition on this list. We’re talking wood laminate flooring, electric cooking, and most importantly a wood construction that’ll leave one more liable to noisy neighbors. Sales have been going slowly, so we can always negotiate a deal. If location is your undisputed #1 criterion, these are worth a look!
Drive Time Downtown: 6 minutes
Walkable Hotspots: Uncle Billy’s, Juiceland, Eberly, Juliet, Butler Pitch & Putt golf course, Peter Pan mini golf
Amenities: Feel of a boutique hotel, the expansive landscaped deck features an outdoor swimming pool, BBQ and fire pit, cutting edge club room lounge is well appointed with a contemporary billiards table, multiple 80″ flat screen TVs, and luxurious furnishings
HOA Fees: $.33/SF
Number of Stories: 5
Number of Units Total: 213
Parking: 1 included in price, 2 bedrooms option to purchase more
Unit Mix: studio, one and two-bedroom condominiums
Square Footage: 538 - 696
Starting Price: $285,000
Square Footage: 677 - 1,057
Starting Price: $330,000
Square Footage: 1,019 - 1,309
Starting Price: $450,000
Availability: 55% sold out
Reservation Process: $5k deposit, 5 day recission period, before 10th day have to put difference between 2.5%
900 S. 1st
Still a ways out, this excellently located new project by prolific developers PSW is located steps south of the intersection of S. 1st and Barton Springs. Since the site is located across the street from the gorgeous, sprawling campus of the Texas School for the Deaf, the stretch it’s located on is nice and pleasant without tons of traffic. More than just residences, 900 S. 1st will include boutique office spaces, retail, and even a café, which will be located right on the street and act as a cocoon for the residences (condo units AND stand-alone houses) behind them.
Drive Time Downtown: 3 minutes
Walkable Hotspots: Vespaio, June's, Opa!, Continental Club, Highball, Town Lake Trail
Amenities: outdoor lounge and grill deck and co-working spaces along with proposed restaurants and wellness facilities on the ground floor plaza, three-level underground garage will have secure parking for residents
HOA Fees: $.31/SF
Number of Stories: 4
Number of Units Total: 63
Parking: 1 for 1 bedroom, 2 for 2 & 3 bedroom
Unit Mix: affordable housing studios, 1 - 3 bedrooms
Square Footage: 498
Starting Price: $305,000
Square Footage: 798-973
Starting Price: $399,000
Square Footage: 1,150 - 1,562
Starting Price: $745,000.00
Square Footage: 1,639 - 1,886
Starting Price: $869,000.00
Availability: 30 units available
Reservation Process: 5% deposit, signed contract, and pre-approval letter from lender OR proof of funds
Buying a condo in Austin doesn't have to be daunting. Having the right team of Realtors, lenders, title reps, and insurance experts to handle the transaction will give you more time to focus on living your life instead of pull your hair out wondering if you made the right choice.
The coolest thing is that it doesn't cost you a dime to use a Realtor with new condo developers! We advocate for you during the build process to ensure you're being treated fairly.
Drop us a line at email@example.com or call 512-649-1010 to talk with an expert agent today about emerging condo communities in Austin.
about the author
Owner + Broker
Originally from Ft. Worth, Texas, Drew fell in love with the city of Austin as a kid when he was captivated by its eclectically progressive lifestyle and music scene. Drew spent four years at Trinity University earning his degree in Business Marketing, during which time he spent a semester abroad in Sevilla, Spain.
Upon landing in Austin in 2010, Drew hit the ground running by becoming a top apartment locator in Austin before leveling-up to be a Realtor to help folks with buying homes. But being just a Realtor wasn't enough, and Drew had a vision for a brokerage that did both sales and apartment locating at a high level. With this dual expertise, Drew founded Austin Craft Realty in early 2016.
In late 2019, Drew decided to pivot his company towards the fast-paced, fun, and opportunity-friendly apartment locating industry. Already experts in the field, ACR was re-branded to Craft Apartment Locators in October and is no longer be associated with the Austin Board of Realtors. Drew is very excited for the opportunities that come with focusing on what his company does best: helping Austinites find fantastic deals on Austin apartments.
While Drew is no longer a Realtor himself, he has excellent connections in real estate and is happy to recommend a great Realtor to you.
When Drew isn’t working hard to constantly improve Craft Apartment Locators, you might find him bicycling around town, serving on the board of the Young Men’s Business League, playing saxophone at some of Austin's best venues, and enjoying the latest craft brews. He is a proud homeowner in the exciting and vibrant East Austin 78702.