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$19,900,000

805 Congress Ave, Austin, TX, 78701

On MarketInfo
Beds3 Beds
Baths6 Bath
Baths15,600 Sq Ft
OtherOther
price_per_sqft$1,275.64 / sqft
Year BuiltBuilt in 1871

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 4Bathrooms Half 4
HeatingHeating
CoolingCooling
FlooringMarble, Wood

Exterior

Lot Size3,920 sqft

Building Information

Year Built1930
Stories4

Land Information

APN02060309020000
Lot Number1; 2
SubdivisionBlock 097 Original City
Land UseResidential
Legal DescriptionN 3FT OF LOT 1 *& S 21.5FT OF LOT 2 BLOCK 097 ORIGINAL CITY
Census Tract001101
Assessed Land Value$3,136,000
Assessed Improvement Value$1,632,097
Assessment Year2025

About this property

Located at 805 Congress Avenue, this historic downtown Austin landmark is far more than a residence — it is a rare architectural masterpiece offering history, character, and exceptional versatility. Spanning four stories and more than 15,600 square feet across the upper three levels, the property blends timeless elegance with modern luxury in one of Austin's most coveted locations. A truly irreplaceable feature is the building's grandfathered three-phase electrical service — a rare infrastructure advantage that can no longer be replicated downtown — adding extraordinary flexibility for luxury residential living, large-scale entertaining, hospitality, or creative commercial use. The second floor features an expansive entertainment hall with a commercial-grade kitchen, stage, restrooms, and versatile event spaces for private parties or corporate functions. Amenities include a walk-in wine cellar, multiple convection ovens, a dedicated ice maker, and an exterior built-in bar with sink and stainless steel shelving. The third floor is the heart of the residence, offering two luxurious bedrooms, a home theater, chef's kitchen, and open-concept living and dining spaces for elevated everyday living and effortless entertaining. Historic details pair beautifully with modern conveniences, including a dedicated ice maker. Occupying the entire top level, the owner's suite delivers an unmatched retreat with a spacious bedroom, sitting room, Hollywood-style bath, private gym, and front and rear outdoor living spaces. The front balcony features a fireplace, kitchenette, and sweeping views of Congress Avenue and the Texas State Capitol. A third ice maker services this level for ultimate convenience. Just two blocks from the Capitol, this property places you at the center of Austin's premier dining, nightlife, culture, and entertainment. Rare historic significance, luxury amenities, and unmatched infrastructure make this one of downtown Austin's most exceptional offerings.

Investor Tools

Property Icon
$4,768,097
Estimated Property Value
$1,600,000Estimated Mortgage Balance
$3,483,813Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$119,400 /month
Positive
Cash Flow Estimate:
$39,800 /month

Interested in this property?

Chris Watters

Watters International Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5,886/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$46,789
$4,768,097
2025
$3,136,000
$1,632,097
$4,768,097
No

Tax History

Year
Tax Paid
Assessed Value
2024
$46,789
$4,768,097

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America
Unknown
$1,395,000
No
First
N/A
Jan 2010

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,287,631
$3,480,466
72%
27%
$9,593/mo

Learn About the Market: Opportunity in Austin

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Explore

Austin

Austin may be the Live Music Capital of the World, but it’s also one of America’s fastest-growing innovation hubs. Fueled by tech expansion, the University of Texas, state government, and a steady influx of new residents, Austin blends startup energy with Hill Country charm.

From downtown high-rises overlooking Lady Bird Lake to booming suburbs like Round Rock and Leander, the region attracts younger professionals, entrepreneurs, and remote workers seeking opportunity with lifestyle. Austin isn’t just growing — it’s redefining what modern Texas looks like.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.4%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$555,300

Unemployment Rate

Unemployment Rate

3.20%

Price Trend

Price Trend

~0.4% YoY growth

New Permits

New Permits

2,269 units

City: Austin

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805 Congress Ave | Property Details | No Agent List