Neighborhood Report

Austin — Downtown

Correction territory — entry discount available.

Avg Price/sqft

$720

Avg Yield

Zone

PRIME-URBAN

Downtown Austin absorbed a 2020-2022 influx that's now fully unwound. Prices are 14% off peak. New-build condos that pre-sold at peak are hitting the market as resale with zero scarcity premium. No state income tax remains a structural positive.

6-Axis Score

Prestige7/10

Connectivity7/10

Livability8/10

Schools6/10

Yield7/10

3yr Outlook6/10

Notable Condos

Austin Proper Residences

$800k–$5M

Hotel-branded luxury tower.

The Independent ('Jenga')

$700k–$4M

Downtown landmark.

Strengths

+ No state income tax
+ Tech employer base
+ Entry discount post-correction

Weaknesses

− Prices still softening
− Oversupply in condo pipeline

MRT Lines

CapMetro Red Line (Downtown Station)MetroRapid bus

Primary Schools

Mathews ElementaryO Henry Middle

3-Year Outlook

Mixed — waiting for demand normalization. Best entry in 3+ years if you can time it.