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ActiveMLS #9387756

311 W 5th ST # 704, Austin TX 78701

Austin, TX 78701 · Plaza Lofts Condo Amd

Condominium for sale in Plaza Lofts Condo Amd

1Bedrooms
1Bathrooms
1,176Square Ft
0.00Acres
1Garage
2002Year Built
Price Reduced
1 / 12
$550,000$725,000

Overview

Property Description

PRICE IMPROVEMENT- Don't miss this deal! Spacious Downtown Loft overlooking Republic Square Park- Premium, gorgeous views of the ever-changing Austin skyline combined with sunset views. In the heart of the Warehouse District in Downtown Austin. Walking distance to great dining, hotels, entertainment, the Lady Bird Lake Hike & Bike Trail and more. A true industrial loft with exposed 13 ft. ceilings, floor to ceiling windows with stunning view, polished concrete floors and a private balcony overlooking the park. The loft is large, measuring 1176 square feet and is move-in ready. The Plaza Lofts is a boutique, sought after condominium in desirable 78701. The shared amenities include a resident lobby with seating, controlled and monitored building access, a dedicated and tight-knit HOA, lobby concierge service 7 days a week, a rooftop pool, an onsite gym and an enclosed parking garage. Parking space is #42 and storage cage #23.

Financial Info
Price
$550,000
$ / Sqft
$468
HOA
Yes - Mandatory / $1,209.28 / Monthly
HOA Name
Plaza Lofts Association
HOA Includes
Gas, Parking, Pest Control, Security, Sewer, Trash, Utilities, Water
Tax Rate
2.096485%
Est. Taxes
$12,751
Tax Year
2025
Exemptions
See Remarks
Legal Info
Address
311 W 5th ST # 704
County
Travis
City
Austin
State
TX
Zip
78701
Subdivision
Plaza Lofts Condo Amd
Legal Description
UNT 704 PLAZA LOFTS CONDOMINIUMS AMENDED PLUS 1.269 % INT IN COM AREA
Parcel
02060122210000
Interior Features
Floor
Concrete
Num Living
1
Dining
1
Kitchen
Breakfast Bar, Kitchen Island
Appliances
Built-In Gas Range, Dishwasher, Disposal, Microwave, Refrigerator
Laundry
In Unit
Master Bed
Double Vanity, Walk-In Closet(s)
Master Main
Yes
Interior Features
Breakfast Bar, High Ceilings, Stone Counters, Double Vanity, Elevator, Entrance Foyer, Kitchen Island, No Interior Steps, Open Floorplan, Stackable W/D Connections, Walk-In Closet(s), Building Security, Fire Sprinkler System, See Remarks
General Info
Beds
1 Total / 1 Main Level
Full / Half Baths
1 / 0
Prop Type
Residential
Property Type
Condominium
Stories
1
Year Built
2002 / See Remarks
Square Feet
1,176 / Public Records
Garages
1
Garage Desc
Assigned, Garage, Gated
Foundation
See Remarks
Roof
See Remarks
Construction
Concrete
Acres
0.00
Lot Description
Views
Restrictions
None
Flood Plain
No
View
City, City Lights, Downtown, Hill Country, Panoramic, Park/Greenbelt
Water Access
No
Waterfront
No
Area
DT
Utility Info
Water
Public
Sewer
Public Sewer
Utilities
Electricity Available, Natural Gas Available
Heat
Central
A C
Central Air
Exterior Features
Fence
None
Exterior Features
Balcony, Covered
Pool On Property
Yes
Area Amenities
Concierge, Controlled Access, Fitness Center, Garage Parking, Gated

Price history

Members only
Days on market
−$175,000 (−24.1%)
$725,000 → $550,000
3
Price reductions
Active
Since Feb 5, 2026
Price trend
List priceFeb 2026Jul 2026
Property history4 events
DateEventPriceChange
Jul 22, 2026Price Decrease$550,000−$15,000 (−2.7%)
Jul 7, 2026Price Decrease$565,000−$30,000 (−5%)
Apr 20, 2026Price Decrease$595,000−$130,000 (−17.9%)
Feb 5, 2026New Listing

Taxes

Tax data isn’t available for this property’s county yet.

Schools

School Info
District
Austin ISD
Elementary
Mathews
Middle
O Henry
High
Austin

Maps

Financing

Your preferences

  • 20% down
  • Conv/Jumbo
  • 30 years
  • 6.50% rate

Saved on this device

List price $550,000
Down payment
Stays 20% if you change the price
Note rate, not APR
From this listing’s tax record
*Estimated only (1% of price / yr)

Estimated monthly payment

$4,302 / mo

20% down · 6.50% interest · 30-year fixed

Estimated monthly payment $4,302

Principal & interest
$2,781
Property taxes
$1,063
Homeowners insurance
$458

*PITI only

These figures are estimates for general information only — not a loan offer, a quote, or a guarantee of financing terms.

Principal, interest and balance for each year
YearStarting balancePrincipal paidInterest paidEnding balancePrincipal vs interest
1$440,000$4,918$28,455$435,082
2$435,082$5,247$28,126$429,835
3$429,835$5,599$27,774$424,236
4$424,236$5,974$27,399$418,262
5$418,262$6,374$26,999$411,888
6$411,888$6,801$26,573$405,088
7$405,088$7,256$26,117$397,831
8$397,831$7,742$25,631$390,089
9$390,089$8,261$25,113$381,829
10$381,829$8,814$24,559$373,015
  • Year 1$435,082
    Principal paid
    $4,918
    Interest paid
    $28,455
    Starting balance
    $440,000
  • Year 2$429,835
    Principal paid
    $5,247
    Interest paid
    $28,126
    Starting balance
    $435,082
  • Year 3$424,236
    Principal paid
    $5,599
    Interest paid
    $27,774
    Starting balance
    $429,835
  • Year 4$418,262
    Principal paid
    $5,974
    Interest paid
    $27,399
    Starting balance
    $424,236
  • Year 5$411,888
    Principal paid
    $6,374
    Interest paid
    $26,999
    Starting balance
    $418,262
  • Year 6$405,088
    Principal paid
    $6,801
    Interest paid
    $26,573
    Starting balance
    $411,888
  • Year 7$397,831
    Principal paid
    $7,256
    Interest paid
    $26,117
    Starting balance
    $405,088
  • Year 8$390,089
    Principal paid
    $7,742
    Interest paid
    $25,631
    Starting balance
    $397,831
  • Year 9$381,829
    Principal paid
    $8,261
    Interest paid
    $25,113
    Starting balance
    $390,089
  • Year 10$373,015
    Principal paid
    $8,814
    Interest paid
    $24,559
    Starting balance
    $381,829
First 10 of 30 years

Nearby

Courtesy of Smart City Realty, LLC · (214) 586-0519

Listings courtesy of ACTRIS as distributed by MLS GRID.