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Austin Proper Hotel

600 W 2nd St, Austin

Austin Proper Hotel is a design-driven luxury property in the heart of downtown, known for its award-winning architecture, elevated culinary and wellness offerings, and strong performance within one of Austin’s most dynamic lifestyle districts.

  • Property ClassClass A
  • Property TypeHospitality
  • Investment StrategyCore Plus
  • Asset StatusAsset Under Management
  • Operating StageStabilized & Cash Flowing
About Austin Proper

About Austin Proper

Austin Proper Hotel and Residences is a 32-story luxury hotel and condominium tower in downtown Austin’s Second Street District, anchoring the GreenWater redevelopment with design-forward sophistication and seamless access to the city’s cultural, culinary, and natural amenities.

Blending high-touch hospitality with private residential living, the property features Kelly Wearstler–designed interiors, 244 thoughtfully appointed hotel rooms, and 98 premier residences including an exclusive penthouse collection.

Residents and guests enjoy refined dining, a full-service spa, state-of-the-art fitness offerings, and elevated meeting and event spaces, all wrapped in a highly curated lifestyle experience. Its proximity to Lady Bird Lake, Shoal Creek, and Austin’s most dynamic downtown destinations positions Austin Proper as a best-in-class asset within one of the nation’s most coveted urban markets. .

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    Asset Highlights

    • Total Equity

      $70,575,000 (As of Q1 2026)

    • Acquisition Date

      September 2021

    • Disposition Date

      N/A

    • Disposition Price

      N/A

    Acres
    .49
    Meeting Space Sq. Ft.
    12,239
    # Buildings
    1
    Stories
    32
    Gross Building Area
    219,543 SF
    Year Built
    June 2019
    Total Land Sq. Ft.
    21,192
    # Key/Rooms/Units
    238
    Occupancy
    71.5%
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    Avenue South
    Class AMixed-UseOpportunistic

    Avenue South

    Loveland, Colorado

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    In the news

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