Elevate Your Austin Living: Discover Luxury Penthouses for Sale

Austin, Texas. The vibrant heart of the Lone Star State, a city buzzing with innovation, culture, and breathtaking natural beauty. And what better way to experience the pinnacle of Austin living than from the heights of a luxurious penthouse? At Urbanspace Realtors, we specialize in connecting discerning buyers with the most exceptional properties the city has to offer, and our collection of Austin Texas penthouses for sale represents the ultimate in sophisticated urban living.

Imagine waking up to panoramic views of Lady Bird Lake shimmering in the morning sun or watching the city lights twinkle below from your expansive private terrace. Owning a penthouse in Austin isn’t just about acquiring a property; it’s about embracing a lifestyle of unparalleled luxury, convenience, and exclusivity.

Why Choose an Austin Penthouse?

  • Unrivaled Views: Soar above the cityscape and enjoy breathtaking vistas that stretch for miles. Whether you prefer the downtown skyline, the rolling hills to the west, or the serene waters of the lake, a penthouse offers a perspective unlike any other.
  • Exceptional Design and Finishes: Penthouses are typically designed with the highest quality materials and finishes. Expect gourmet kitchens with top-of-the-line appliances, spa-like bathrooms, soaring ceilings, and meticulous attention to detail throughout.
  • Privacy and Exclusivity: Enjoy a heightened sense of privacy and security. Often featuring private elevator access and fewer neighbors, penthouses offer a tranquil retreat high above the hustle and bustle.
  • Prime Locations: Many of Austin’s most desirable penthouses are located in the heart of downtown or in vibrant urban centers, providing easy access to world-class dining, entertainment, cultural attractions, and major business districts.
  • Luxury Amenities: Residents of penthouse often benefit from exclusive building amenities such as rooftop pools, state-of-the-art fitness centers, concierge services, private parking, and resident lounges.
  • Investment Potential: Luxury penthouses in a thriving market like Austin can represent a sound investment opportunity, often appreciating in value over time.

Exploring Austin’s Penthouse Market

The Austin Texas penthouses for sale market is diverse, offering a range of styles and locations to suit various preferences. You might find sleek, modern penthouses in the Rainey Street District with vibrant nightlife at your doorstep, sophisticated residences in the upscale Westlake Hills offering stunning lake views, or elegant penthouses downtown with easy access to the city’s cultural hub.

What to Consider When Buying a Penthouse in Austin:

  • Location: Determine which neighborhood best aligns with your lifestyle and needs. Consider factors like proximity to work, schools, amenities, and your preferred leisure activities.
  • Size and Layout: Penthouses come in various sizes and configurations. Think about the number of bedrooms and bathrooms you require, as well as the importance of features like outdoor space, media rooms, or home offices.
  • Building Amenities: Evaluate the building’s amenities and whether they meet your lifestyle needs.
  • Views: Consider the direction and quality of the views offered by the penthouse.
  • Budget: Luxury penthouses represent a significant investment. Work with your Urbanspace Realtor to understand the current market and find properties within your budget.

Let Urbanspace Realtors Be Your Guide

Navigating the Austin Texas penthouses for sale market requires expertise and a deep understanding of the local real estate landscape. Our team at Urbanspace Realtors has a proven track record of assisting clients in finding their dream luxury properties. We offer personalized service, in-depth market knowledge, and a commitment to exceeding your expectations.

If you’re ready to elevate your Austin living experience and explore the exquisite collection of penthouses for sale, contact Urbanspace Realtors today. Let us help you find your perfect sky-high sanctuary.

Start your penthouse search today!

Contact us for a personalized consultation!

We look forward to helping you discover the pinnacle of Austin luxury real estate.

Mortgage Calculator Texas: Your Guide to Homeownership

Buying a home is a big decision, and one of the most important factors to consider is your mortgage. A mortgage calculator is a valuable tool that can help you estimate your monthly payments, determine how much you can afford to borrow, and understand the impact of different interest rates and loan terms.

What is a Mortgage Calculator?

A mortgage calculator is a tool that uses your financial information to estimate your monthly mortgage payments. This information typically includes the following:

  • Loan amount: The amount you want to borrow.
  • Interest rate: The interest rate you will be charged on your loan.
  • Loan term: The length of your loan, typically 15 or 30 years.
  • Down payment: The amount of money you will be putting down on the home.
  • Property taxes: The estimated annual property taxes for the home you are interested in.
  • Homeowners insurance: The estimated annual cost of homeowners insurance.

How to Use a Mortgage Calculator

Using a mortgage calculator is a simple process. You just need to enter your information into the calculator and click “Calculate.” The calculator will then provide you with an estimate of your monthly mortgage payment.

Mortgage Calculators for Texas

There are many different mortgage calculators available online. Some of the most popular mortgage calculators for Texas include:

Tips for Using a Mortgage Calculator

Here are a few tips for using a mortgage calculator:

  • Be realistic about your income and expenses: When entering your financial information into the calculator, be realistic about your income and expenses. This will help you get an accurate estimate of your monthly mortgage payment.
  • Consider your long-term goals: When choosing a loan term, consider your long-term goals. A shorter loan term will result in a higher monthly payment, but you will pay less interest over the life of the loan.
  • Shop around for the best interest rate: Interest rates can vary from lender to lender, so it is important to shop around for the best rate.
  • Get pre-approved for a mortgage: Once you have a good idea of how much you can afford to borrow, get pre-approved for a mortgage. This will show sellers that you are a serious buyer.

A mortgage calculator is a valuable tool that can help you make informed decisions about your home purchase. By using a mortgage calculator, you can estimate your monthly payments, determine how much you can afford to borrow, and understand the impact of different interest rates and loan terms.

Condos for Rent in Austin, TX: A Guide to Urban Living

Austin, Texas, is a vibrant city known for its live music scene, delicious food, and laid-back atmosphere. If you’re looking for a place to call home in the heart of the action, consider renting a condo in downtown Austin.

Why Rent a Condo in Downtown Austin?

Downtown Austin offers a unique blend of urban excitement and Southern charm. Here are a few reasons why you might want to rent a condo in this vibrant area:

  • Walkability: Downtown Austin is a very walkable city. You can easily walk to work, restaurants, bars, and shops.
  • Culture: Downtown Austin is home to a variety of cultural attractions, including museums, theaters, and live music venues.
  • Amenities: Many downtown condos offer amenities such as swimming pools, fitness centers, and concierge services.
  • Views: Some condos offer stunning views of the city skyline or the Colorado River.

Tips for Finding the Perfect Condo

If you’re looking for a condo for rent in downtown Austin, here are a few tips:

  • Start your search early: Downtown Austin is a popular area, so it’s important to start your search early.
  • Set a budget: Condos in downtown Austin can vary in price, so it’s important to set a budget before you start your search.
  • Consider your needs: Think about the size of the condo you need, the amenities you want, and the location you prefer.
  • Work with a reputable real estate agent: A good real estate agent can help you find the perfect condo for your needs.

Popular Neighborhoods in Downtown Austin

Downtown Austin is made up of several distinct neighborhoods, each with its own unique character. Here are a few of the most popular neighborhoods:

  • 2nd Street District: This trendy neighborhood is home to a variety of restaurants, bars, and shops.
  • Rainey Street: This historic district is known for its lively nightlife scene.
  • Congress Avenue: This bustling street is home to a variety of businesses, including banks, restaurants, and shops.
  • Lady Bird Lake: This scenic lake is a popular spot for walking, biking, and kayaking.

Additional Resources

If you’re looking for more information on condos for rent in downtown Austin, here are a few additional resources:

Renting a condo in downtown Austin is a great way to experience the city’s vibrant culture and energy. By following these tips, you can find the perfect condo for your needs.

Austin Proper Hotel: More Than Just a Stay, It’s a Lifestyle (and a Home!)

Austin’s skyline is constantly evolving, and one of its most striking recent additions is the Austin Proper Hotel & Residences. Nestled in the heart of downtown, this architectural gem, designed by Kelly Wearstler, isn’t just a place to rest your head; it’s a vibrant hub that seamlessly blends luxury hospitality with sophisticated urban living.

Downtown view from Congress avenue.

The Hotel Experience: A Design-Forward Destination

The Austin Proper Hotel has quickly become a local and visitor favorite, and for good reason. It’s a masterclass in design, with Wearstler’s signature eclectic yet refined aesthetic evident in every detail. Think warm woods, rich textures, custom-designed furniture, and a curated collection of art that feels both modern and timeless.

Beyond the stunning visuals, the hotel offers:

  • Culinary Delights: From the Mediterranean-inspired fare at The Peacock to the rooftop views and poolside bites at La Piscina, the dining options are diverse and delectable.
  • Relaxation and Rejuvenation: The Verbena Spa offers a sanctuary for wellness, while the rooftop pool provides a perfect escape from the Texas heat.
  • Prime Location: Situated in the vibrant 2nd Street District, guests are steps away from some of Austin’s best restaurants, shops, and entertainment venues.
  • Events and Gatherings: The hotel boasts versatile event spaces, making it an ideal venue for weddings, corporate events, and social gatherings.

The Residences: Urban Living at Its Finest

But the Austin Proper isn’t just for short-term stays. It also offers a limited collection of luxury residences, providing a unique opportunity to call this iconic building home.

What Makes the Residences Stand Out?

  • Unparalleled Design: Residents enjoy the same impeccable design aesthetic as hotel guests, with custom finishes and thoughtfully curated details.
  • Hotel-Level Amenities: Residents have access to all of the hotel’s amenities, including the spa, pool, fitness center, and dining options. It’s like living in a five-star resort.
  • Dedicated Resident Services: A dedicated team is on hand to provide personalized services, ensuring a seamless and luxurious living experience.
  • Downtown Living: The location offers unparalleled access to Austin’s cultural scene, dining, and entertainment.
  • Views that Wow: The residences offer stunning views of the Austin skyline and surrounding cityscape.

Who is the Austin Proper Residences For?

The residences appeal to discerning buyers who appreciate:

  • Luxury and design
  • A vibrant urban lifestyle
  • Hotel-level amenities and services
  • A prime downtown location

Urban Space Realtors: Your Austin Proper Experts

If you’re considering a move to downtown Austin, the Austin Proper Residences offer a truly exceptional living experience. At Urban Space Realtors, we understand the unique nuances of Austin’s luxury real estate market. We can help you navigate the process of finding your perfect home in this iconic building.

Whether you’re looking for a luxurious hotel stay or a permanent residence, the Austin Proper Hotel & Residences offers a lifestyle that’s truly unmatched. Contact us today to learn more about available residences and explore the possibilities of living in this exceptional downtown destination.

The Modern Austin Residences | Development

Kevin Burns Reveals New Details About Rainey Street Skyscraper, Including Name and Project Team

The tower formerly known as 9092 Rainey, which has been in the works for several years, officially has a new name and new project specifications.

 

The Modern Austin Residences will have 56 stories featuring 346 market-rate residences and 21 affordable housing units. Austin’s Urbanspace Real Estate + Interiors is developing the project.

The affordable housing units will be available to people earning 80% of median family income, which is $98,900 in the Austin metro. The market rate units will start in the $400,000 range for a one-bedroom unit. Three-bedroom units will go for $1.6 million and above.

These updates, provided by Urbanspace CEO Kevin Burns, come just a few months after Austin City Council approved a density bonus for the project, allowing the building to go higher than typically allowed. At the time, the tower was planned to be 51 stories high and to contain 400 total units.

Burns said some of the extra stories were added to improve the look of the crown of the building by hiding water cooling towers and other mechanical features. He said they ended up reducing the number of market rate residences but maintaining the same number of affordable ones.

Many have wondered about the fate of Container Bar, the popular bar made of shipping containers that sits on the project site. Burns said the bar will close just before crews break ground on The Modern, which is set for late March 2022.

However, Bridget Dunlap — who owns Container Bar as well as Clive Bar and Lustre Pearl — has signed on to run an entertainment space in the basement of the building.

“Container Bar had a good run, but I’m excited for what’s next,” Dunlap said in a statement. “This next concept will fill a niche that Austin is missing in the music/hospitality scene, and I’m glad to have the opportunity to stay in our spot.”

Nelsen Partners will be the design architect for the tower, Flintco will be the general contractor and Page will be the architect of record. Urbanspace will handle sales and interior design for the tower.

Sales are expected to begin at the start of next year. Burns said it will likely take two and a half years to complete construction. He projects they’ll finish in the second half of 2024.

Original plans for the tower included hotel space and permanent residences, but Covid-19 forced the developer to rethink the plan.

“The fact of the matter is what my company knows inside and out, backwards and forwards is high-rise condominiums,” Burns said. “So it allowed us to really focus on what we do best.”

Urbanspace has been tapped to sell the condos for other high-profile Austin towers, including The Independent, which has an onsite coffee and cocktail bar on the ground floor, similar to what is planned for The Modern. But The Modern Austin Residences represents Burns’ first foray into high-rise development.

Calls for denser housing within the city limits have grown louder amid the city of Austin’s persistent housing shortage. In June, the Austin Board of Realtors reported that the city had only 0.7 months of housing inventory on the market. That means if no new houses were listed, the city would be completely out of available housing in less than a month.

“We couldn’t beat the timing as far as the current market demands for products in Central Austin,” Burns said.

Rainey Street, in particular, has transformed considerably in recent the years. In the mid-2000s, the neighborhood received Central Business District zoning, making it easier to build big in what was once a residential area. The street is now known in large part for its bars, which largely occupy former single-family homes.

“Rainey street is evolving for families from all different walks of life, for those that want to ditch the car and be able to walk to everything,” Burns said. “I’m excited to see not just my project but the other projects that are going up in the area that are really going to create an incredible experience, not just for those that live there, but for the entire city.”

Article from: Austin Business Journal

 

Urbanspace Favs | Top 5 Ways To Wind Down Your Summer

Top 5 Ways To Wind Down Your Summer

 

Photo From: MLS Soccer

 

With the end of summer approaching, we have a list of must-do ATX activities for August. Check out our Urbanspace Top 5 Ways to Wind Down Your Summer below!

 

Austin FC Home Games: Go cheer on Austin’s first professional soccer team, Austin FC! The team has four home games in August where they will play at the new Q2 Stadium. August 4th at 8:00pm the team will play Houston. August 18th at 8:00pm they will host Vancouver. Then on August 21st at 8:00pm they will play Portland. On August 29th at 7:00pm the team will play Dallas. You can purchase single-match tickets here. (10414 McKalla Pl, Austin, TX 78758) 

 

16th Annual Bat Fest: The biggest bat-viewing party of the year will be held on the Congress Avenue Bridge on August 28, 2021. Enjoy live music, local food and drink, a bat costume contest, children activities, and more than 50 arts and crafts vendors. The event will run from 4:00pm to 11:59pm. Tickets are $20 in advance or $25 cash at the gate. Kids 8 and under are free with an adult. You can purchase tickets here. (100 S. Congress Ave., Austin, TX 78704)

 

Blues on the Green: Blues on the Green is back and will take place on August 10th and 11th at Zilker Park. Gather friends and family, pack a blanket, and enjoy the free concert series with performances by local artists. (2207 Lou Neff Rd, Austin, TX 78746)   

 

Donut Boat Rentals: Donut Boat rentals is exclusive to Lady Bird Lake and provides small groups an electric boat adventure. The Donut Boat’s unique design allows up to ten people to sit around a center table with a center post umbrella for shade. Never driven a boat? No problem, you’ll receive an orientation. Feel free to bring your own food and snacks, or choose from one of the plated options Capital Cruises offers from the Hyatt Regency Austin. Rental pricing is $100/hour with a 2 hour minimum for all reservations. (208 Barton Springs Road Austin, TX 78704)

 

Lake Travis Zipline Adventures: Enjoy the Austin Hill country with five thrilling Ziplines over Lake Travis! Includes all needed equipment, boat transportation, and bottled water. You can also enjoy access to their private lakefront property where you are able to swim, picnic, play beach games, or relax in hammocks. Reservations are required and can be made here. (14529 Pocohontas Trail, Leander, TX 78641

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