311 W 5TH ST # 703, Austin TX 78701

Off Market Also for Lease — $3,495/mo

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Ed's Opinion of Value

$429,000 Ed's Estimate: $556,751 $675,000

Lowest Comp Recommended List: $546,000 to $568,000 Highest Comp

Reviewing the most recent comparable transactions, this home's market value falls around $556,751. For a well positioned listing in PLAZA LOFTS CONDO, I'd target the $546,000 to $568,000 range. With 5 comparable homes on the market in PLAZA LOFTS CONDO, this price positions the property as the 3rd most expensive of 5 comparable homes on the market. The 2002 construction puts this home 5 years older than the comp average, a factor in the pricing. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group

78701 Market Trends

$762,500 Median Sold Price ▲ 34.4% 6mo

$713/sqft Median $/SqFt ▲ 10.8% 6mo

87 days Avg Days on Market 39 days faster

212 homes Active Inventory 11.8 mo supply

95.3% Sale-to-List Ratio

108 Sales (6 months)

$696,066 Tax Assessed (2025)

Recently Sold Comparables

$516,216 adjusted 603 Davis ST # 1201, Austin TX 78701 1bd / 1.0ba • 1,005 sqft • 0.7 mi Sold 4 days ago

$437,848 adjusted 603 Davis ST # 703, Austin TX 78701 2bd / 2.0ba • 1,176 sqft • 0.7 mi Sold 10 months ago

$663,333 adjusted 200 Congress Ave # 11A, Austin TX 78701 1bd / 2.0ba • 1,225 sqft • 0.2 mi Sold 2 months ago

$642,313 adjusted 360 Nueces ST # 2105, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.2 mi Sold 7 months ago

$444,360 adjusted 603 Davis ST # 1101, Austin TX 78701 1bd / 1.0ba • 1,005 sqft • 0.7 mi Sold 5 months ago

Currently on Market

$429,000 555 E 5th ST # 903, Austin TX 78701 1bd / 1.0ba • 1,134 sqft • 0.6 mi 138 days on market

$455,000 555 E 5th ST # 521, Austin TX 78701 1bd / 1.0ba • 1,245 sqft • 0.5 mi 8 days on market

$675,000 360 Nueces ST # 1505, Austin TX 78701 2bd / 2.0ba • 1,225 sqft • 0.2 mi 164 days on market

1 Beds

1 Baths 1 Full

1,176 Sq Ft

0.0034 Acres

2002 Built

1 Garage

About This Property

Sophistication meets vibrant city living in this one-bedroom, one-bath loft overlooking Republic Square. Soaring ceilings, exposed concrete accents, a chef’s kitchen designed for entertaining, and expansive windows fill the home with natural light. The spacious bath offers dual vanities with a stone-clad counter as well as a large walk-in shower, creating a serene, spa-like retreat. This loft is ready for its next chapter.

Perfectly positioned in the new heart of downtown Austin, Plaza at Republic Square is steps from the city’s finest dining, the Lady Bird Lake Trail, boutique shops, coffee houses, Whole Foods, Trader Joe’s, and the celebrated Saturday Farmers Market and Yoga in the Park.

Amenities include controlled access, a rooftop pool with skyline views, a fitness center, and dedicated parking. This is a rare opportunity to own at one of Austin’s most architecturally refined addresses. Reserve your private tour today.

Property Highlights

View City, Hill Country, Panoramic

Features

Walk-In Closet(s)

Location

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Schools

School District Austin ISD

Elementary Mathews

Middle School O Henry

High School Austin

Property Details

Property Type Residential

Construction See Remarks

Roof See Remarks

Foundation See Remarks

Levels One

Flooring Concrete

Cooling Central Air

Heating Central

Exterior Balcony

County Travis

MLS # 2851461

Garage 1 spaces

Parking 1 spaces: Assigned

Windows Window Treatments

Security Fire Alarm

Lot, Outdoor & Utilities

Lot Features Back to Park/Greenbelt, City Lot, Views

Water Public

Sewer Public Sewer

Utilities Electricity Available, Natural Gas Available

HOA & Community

HOA Fee $1,094 /Monthly

HOA Name Plaza Lofts Association

HOA Includes Common Area Maintenance, Insurance, Parking, Sewer, Trash

Community Features Common Grounds, Gated, Pool

Tax Information

Annual Taxes (MLS) $12,751 (2025)

Assessed Value $696,066

Exemptions Homestead

Listing History

MLS# 3301833 30 days

Oct 30, 2026	Price Change		$3,495
Sep 30, 2026	Listed		$3,995

MLS# 9036384 54 days

Jun 25, 2026	Off Market
Jun 4, 2026	Pending
Apr 2, 2026	Listed	$600,000

MLS# 2851461 76 days

Dec 31, 2025	Off Market
Nov 7, 2025	Price Change	$699,000
Aug 16, 2025	Listed	$775,000

Frequently Asked Questions About 311 W 5TH ST # 703, Austin TX 78701

When was 311 W 5TH ST # 703, Austin TX 78701 built?

311 W 5TH ST # 703, Austin TX 78701 was built in 2002. It is see remarks construction with 1,176 square feet on a 0.0034 acre lot.

How much does 311 W 5TH ST # 703, Austin TX 78701 cost?

311 W 5TH ST # 703, Austin TX 78701 is currently off market.

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$495,000 48 East Ave # 2605, Austin TX 78701 1 bd | 1 ba

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