$325,000

Property Overview

This one-bedroom at Brazos Place sits in a restored 1949 historic hotel conversion that has anchored downtown Austin for over a century. Located on Brazos Street between the Texas State Capitol and Congress Avenue's vibrant corridor, the unit offers direct walkability to 6th Street's entertainment venues and Lady Bird Lake's trails—all within the heart of Austin's urban core. The 623-square-foot residence includes modern finishes paired with the character of the original Commodore Perry Hotel structure, creating authentic downtown living at $522 per square foot, notably 28 percent below the area median.

Brazos Place distinguishes itself through rare short-term rental permissions, a significant advantage for investors seeking income flexibility in downtown Austin's competitive market. The building delivers 24-hour fitness facilities, a rooftop terrace with city views, concierge services, and covered parking—amenities that elevate the live-work-play downtown lifestyle. This location puts owners steps from Congress Avenue's galleries and restaurants, making it ideal for those prioritizing walkable urban living and proximity to Austin's cultural epicenter.

Vox Residential Insight

The combination of below-market pricing, historic character, and short-term rental approval makes this Brazos Place unit a rare offering in downtown Austin's typically restricted rental environment. Vox Residential recognizes that investors and lifestyle buyers seeking downtown exposure at this price point should move thoughtfully, as the neighborhood's walkability and proximity to major attractions command premium positioning.

Agent Description

Built in 1948 as the original Commodore Perry Hotel, Brazos Place has one of downtown Austin's most interesting histories; a hotel, then office, and finally, converted into 72 residential units in 2008. Turn-key, spacious one bedroom Brazos Place condo in the heart of Downtown, with amazing walkability. Notably, Brazos Place allows short-term rentals, rare for downtown Austin and a significant advantage for owners and investors. Building amenities include a 24-hour fitness center, concierge, rooftop terrace, and covered parking. Centrally located between the Texas State Capitol, 6th Street, and Congress Avenue. Buyer to independently verify all information including HOA rules and rental policies.

Neighborhood: Downtown Austin

This property is located in Downtown Austin, Austin, TX. The area is known for 6th Street Entertainment, Lady Bird Lake, Congress Avenue, High-Rise Living, Walkable Urban Core.

At $522/sqft, this listing is priced 27% below the Downtown Austin median of $713/sqft.

Property Details

Listing data last updated: July 16, 2026

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