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311 W 5th St Unit 1002, Austin, TX, 78701

2beds
2baths
1,897sqft
$1,070,000
$564price/sqft
$7,084/moest. monthly cost
$283,360/yrincome needed

About This Home

Residence #1002 at Plaza Lofts is a southwest corner home with walls of windows and a generous balcony overlooking Republic Square Park. Among the largest 2-bedroom, 2-bath condos in Downtown Austin at this price point, it delivers exceptional scale, natural light, and impressive views. The loft-style layout features expansive living, dining, and kitchen areas designed for both entertaining and daily living. Interior updates create a clean, modern aesthetic, including motorized shades, gallery lighting, and updated fixtures. Both bathrooms offer custom cabinetry, while the primary suite is enhanced with a redesigned shower, built-in bench, and added storage. Glass transoms above the loft walls provide added privacy without sacrificing light. Additional highlights include custom wine storage and two reserved garage parking spaces. This 12-story boutique building offers a more refined, low-density lifestyle with a rooftop pool, fitness center, and full-time concierge and security. Just outside your door, enjoy the farmers market, outdoor yoga, and the vibrant energy of downtown, all anchored by a premier park-front setting.

Getting Around

99
WalkingWalker's Paradise
69
TransitGood Transit
93
BikeBiker's Paradise

Schools

10/10
Mathews Elementary SchoolGrades PK-61.1 mi
6/10
O Henry Middle SchoolGrades 6-82.0 mi
7/10
Austin High SchoolGrades 9-121.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2002

Materials

  • Foundation: Slab
  • Roof: Flat Tile

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Built-In Oven(s),Dishwasher,Disposal,Gas Cooktop,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • Breakfast Bar,Ceiling Fan(s),High Ceilings,Granite Counters,Double Vanity,Entrance Foyer,Kitchen Island,Multiple Dining Areas,No Interior Steps,Open Floorplan,Primary Bedroom on Main,Track Lighting
  • Window features: Bay Window(s),Display Window(s),Window Treatments
  • Flooring: Concrete
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,897 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 02060122410000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: Outdoor Pool,Rooftop Pool
  • Patio & porch: Terrace
  • Exterior features: Balcony,Lighting
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City,Panoramic,Park/Greenbelt
  • Waterfront features: None

Lot

  • Lot size: 239.58 sqft
  • Features: Corner Lot,Public Maintained Road

Parking

  • Total spaces: 2
  • Parking features: Assigned,Garage,Reserved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Tornado
Hail
Heat Wave

FEMA Declared Disasters Across Texas Counties

Flood
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,410$64,920
Home Insurance *$532$6,384
Property Taxes $904$10,848
Electricity $238$2,859
Total$7,084$85,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$242,880/yr
40% on housing$212,520/yr
45% on housing$188,906/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.4%
6.4%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.1%
0.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$564This listing

vs Other Active Listings

Avg $/sqft

ZIP 78701$454
Travis County$334

vs Homes Sold Last Month

Median $/sqft

ZIP 78701$618
Travis County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Listed for sale$1,075,000
2017-12-07Sold--
2017-11-03Pending sale$740,000
2017-10-27Price change$740,000
2017-08-08Pending sale$745,000
2017-06-30Price change$745,000
2017-06-27Price change$779,000
2017-06-01Price change$789,000
2017-05-17Listed for sale$799,000
2016-11-15Listing removed$779,000
2016-09-02Price change$779,000
2016-07-01Price change$799,000
2016-01-26Price change$899,000
2015-11-18Listed for sale$950,000
2015-06-30Listing removed$4,200
2015-01-23Listed for rent$4,200
2014-04-08Listing removed$3,995
2013-12-12Price change$3,995
2013-11-06Listed for rent$4,150
2013-07-04Listing removed$4,300
2013-04-21Price change$4,300
2013-04-14Listed for rent$4,750
2012-04-13Listing removed$3,975
2012-03-28Price change$3,975
2012-02-23Listed for rent$4,350

For Sale by Agent

AgentConnelly Breeland
BrokerageKuper Sotheby's Int'l Realty

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