311 W 5th ST # 1003, Austin TX 78701

Austin, TX 78701 | Plaza Lofts Condo

Ed's Opinion of Value

$1,269,000 Ed's Estimate: $2,276,862 $3,490,263
Lowest Comp Recommended List: $2,231,000 to $2,322,000 Highest Comp

Listing History

$11,500 List Price
$2,371,252 Comp Value
1 Price Reductions

This property was listed at $11,500 and withdrawn after 119 days on market. The price was reduced from $12,500 to $11,500. This listing activity factors into the valuation.

My analysis of 4 comparable properties puts this home's estimated value at $2,276,862. Based on how the local market is moving, a list price between $2,231,000 and $2,322,000 would position this home well. Relative to what's currently available in PLAZA LOFTS CONDO, this home would be the most expensive of 7 comparable homes on the market. At 5 years older than typical comps, the 2002 build date influences the valuation. With 4 comparable sales in PLAZA LOFTS CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group
2 Beds
3 Baths 2 Full, 1 Half
2,361 Sq Ft
0.007 Acres
2002 Built
2 Garage

About This Property

Welcome to exceptional luxury in the exclusive Plaza Lofts with this privately listed 2 bed, 2.5 bath condo. Incredibly rare in Austin's residential highrises, this unit provides a private elevator that delivers you directly into the space. Once you step inside, this gorgeous open floor plan invites you into a stunning home with abundant natural light from the floor-to-ceiling windows, high 11' ceilings, and a dramatic 38' patio overlooking Republic Square Park with breathtaking sunsets and glimmering city lights.

Recently renovated throughout with RH custom lighting, furnishings, new appliances, a large island, and an exceptional custom wine cabinet that spans the length of the entry. This gorgeous loft is perfect for easy living, transitional clients, and corporate VIPs. Private and secure, delivering luxury in the perfect locale, with dining, arts, entertainment, and recreation all within walking distance. The Plaza Lofts is also one of only a few boutique highrise residences in desirable 78701.

The shared amenities include an inviting resident lobby with seating, dedicated concierge service, controlled and monitored building access, a rooftop pool, an onsite gym, and an enclosed above-ground parking garage.

Lease includes linens, housewares, W/D, internet & basic cable, Nest temperature control, Smart TVs, 1 parking space provided ** No Pets**

Features

  • 2 Primary Suites
  • High Ceilings
  • Granite Counters
  • Elevator
  • In-Law Floorplan
  • Kitchen Island
  • No Interior Steps
  • Open Floorplan
  • Primary Bedroom on Main
  • Soaking Tub
  • Stackable W/D Connections
  • Storage
  • Walk-In Closet(s)
  • See Remarks

Location

Schools

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

Property Details

Property Type Residential Lease
Flooring Concrete
Cooling Central Air, Multi Units, Zoned, Other
Heating Zoned
Exterior Balcony
County Travis
MLS # 7389828

Parking

Garage 2 spaces

Listing History

MLS# 7389828 119 days
Feb 23, 2024 Off Market
Dec 27, 2023 Price Change $11,500
Oct 27, 2023 Listed $12,500

Frequently Asked Questions About 311 W 5th ST # 1003, Austin TX 78701

When was 311 W 5th ST # 1003, Austin TX 78701 built?

311 W 5th ST # 1003, Austin TX 78701 was built in 2002.

How much does 311 W 5th ST # 1003, Austin TX 78701 cost?

311 W 5th ST # 1003, Austin TX 78701 is currently off market.

Similar Properties

Browse More Properties

Request Tour

Contact Agent

Interested in this property?

Get more information or schedule a tour

By submitting this form, you consent to receive communications from Neuhaus Realty Group via phone, email, or text regarding your property inquiry. You may opt out at any time. Your information will not be shared. See our Privacy Policy.