Downtown Austin is the central business district of Austin, Texas. Downtown is located on the north bank of the Colorado River. The approximate borders of Downtown include Lamar Boulevard to the west, Martin Luther King, Jr. Boulevard and the University of Texas at Austin to the north, Interstate 35 to the east, and Lady Bird Lake to the south.
It is where the city's high rise buildings are located, as well as being the center of government and business for the region. Downtown Austin is currently experiencing a building boom, with many condos and high rise towers being built.
ZIP code 78701 has a slightly higher than average percentage of vacancies. The Census also indicates that there are one or more correctional facilities nearby.
The majority of household are rented. Homes in ZIP code 78701 were primarily built in the 2000s. Looking at 78701 real estate data, the median home value of $372,000 is extremely high compared to the rest of the country. It is also high compared to nearby ZIP codes. So you are less likely to find inexpensive homes in 78701. Rentals in 78701 are most commonly 1 bedrooms. The rent for 1 bedrooms is normally $1,000+/month including utilities. Prices for rental property include ZIP code 78701 apartments, townhouses, and homes that are primary residences.
Search Downtown Austin Homes for Sale
© 2019 Austin Board of REALTORS®. All rights reserved.
Any home sales data appearing on this page is obtained from public record sources (or estimates, for non-disclosure states) as provided by OnBoard, LLC and does not comprise an appraisal or a Comparative Market Analysis (CMA). This information should not be used to replace a professional appraisal nor to determine the price of a particular property.