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515 Congress 515 Congress Ave 267,956 SF 84% Leased 4-Star Office Building Austin, TX 78701 For Sale
Executive Summary
515 Congress is a 26-story office tower spanning 267,956 SF on 0.54 acres in Austin’s CBD. Built in 1974 and renovated in 2016, it includes modern features such as fitness center, tenant lounge, EV charging, and energy efficiency upgrades. Located near the Texas State Capitol and convention center, the property offers proximity to retail and cultural destinations.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
267,956 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1974/2016
Percent Leased
84%
Tenancy
Multiple
Building Height
26 Stories
Typical Floor Size
14,200 SF
Slab To Slab
14’
Building FAR
11.39
Lot Size
0.54 AC
Zoning
CBD, Austin - Commercial
Parking
340 Spaces (1.27 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Conferencing Facility
- Fitness Center
- Food Service
- Property Manager on Site
- Restaurant
- Roof Terrace
- Storage Space
- Car Charging Station
- Bicycle Storage
- Food Service
- Shower Facilities
- Outdoor Seating
- Balcony
- Smoke Detector
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Former Bank of America space at the base of a 267,956 SF Class A office building with prime frontage along Congress. This retail opportunity is centrally located in the downtown core with easy access for locals and convention visitors/hotels.
- 11th Fl-Ste 1125
- 2,559 SF
- Office
- Full Build-Out
- Now
8,763 SF of demisable space down to ~2,500 SF Plug and play open/creative office layout Furniture Available
- 16th Fl-Ste 1600
- 1,833 SF
- Office
- Full Build-Out
- Now
- 16th Fl-Ste 1620
- 3,270 SF
- Office
- Full Build-Out
- 30 Days
Hard wall professional services build out
- 17th Fl-Ste 1790
- 1,039 SF
- Office
- Full Build-Out
- Now
Hard wall offices with conference room, kitchen/break room and storage.
Contiguous with Suite 1950
Welcome to 515 Congress -- a prominent office destination in the heart of Austin’s Downtown business district offering meaningful spaces for every tenant in the building. No matter what size space your business requires, your company can take full advantage of expansive views and thoughtful floorplans. A 3,000 square foot space can feel like a full floor due to each level’s open layout and walls of windows overlooking the Capitol, Town Lake, and the Hill Country.
- 22nd Fl-Ste 2210
- 3,327 SF
- Office
- -
- Jan 2027
- 22nd Fl-Ste 2220
- 1,905 SF
- Office
- Full Build-Out
- Jul 2026
- 22nd Fl-Ste 2250
- 3,150 SF
- Office
- Full Build-Out
- Now
- 23rd Fl-Ste 2300
- 4,426 SF
- Office
- Full Build-Out
- Now
Professional services build out High end finishes
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 6,102 SF | Office/Retail | Partial Build-Out | Now |
| 11th Fl-Ste 1125 | 2,559 SF | Office | Full Build-Out | Now |
| 12th Fl-Ste 1250 | 8,763 SF | Office | Full Build-Out | Now |
| 16th Fl-Ste 1600 | 1,833 SF | Office | Full Build-Out | Now |
| 16th Fl-Ste 1620 | 3,270 SF | Office | Full Build-Out | 30 Days |
| 17th Fl-Ste 1760 | 4,276 SF | Office | Full Build-Out | Now |
| 17th Fl-Ste 1790 | 1,039 SF | Office | Full Build-Out | Now |
| 19th Fl-Ste 1900 | 4,925 SF | Office | Full Build-Out | Aug 2026 |
| 19th Fl-Ste 1925 | 2,791 SF | Office | - | Feb 2027 |
| 19th Fl-Ste 1950 | 2,986 SF | Office | Full Build-Out | Now |
| 22nd Fl-Ste 2210 | 3,327 SF | Office | - | Jan 2027 |
| 22nd Fl-Ste 2220 | 1,905 SF | Office | Full Build-Out | Jul 2026 |
| 22nd Fl-Ste 2250 | 3,150 SF | Office | Full Build-Out | Now |
| 23rd Fl-Ste 2300 | 4,426 SF | Office | Full Build-Out | Now |
| 23rd Fl-Ste 2325 | 8,324 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 6,102 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
11th Fl-Ste 1125
| Size |
| 2,559 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
12th Fl-Ste 1250
| Size |
| 8,763 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
16th Fl-Ste 1600
| Size |
| 1,833 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
16th Fl-Ste 1620
| Size |
| 3,270 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| 30 Days |
17th Fl-Ste 1760
| Size |
| 4,276 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
17th Fl-Ste 1790
| Size |
| 1,039 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
19th Fl-Ste 1900
| Size |
| 4,925 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Aug 2026 |
19th Fl-Ste 1925
| Size |
| 2,791 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Feb 2027 |
19th Fl-Ste 1950
| Size |
| 2,986 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
22nd Fl-Ste 2210
| Size |
| 3,327 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Jan 2027 |
22nd Fl-Ste 2220
| Size |
| 1,905 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Jul 2026 |
22nd Fl-Ste 2250
| Size |
| 3,150 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
23rd Fl-Ste 2300
| Size |
| 4,426 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
23rd Fl-Ste 2325
| Size |
| 8,324 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 6,102 SF |
| Space Use | Office/Retail |
| Build-Out | Partial Build-Out |
| Available | Now |
Former Bank of America space at the base of a 267,956 SF Class A office building with prime frontage along Congress. This retail opportunity is centrally located in the downtown core with easy access for locals and convention visitors/hotels.
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
12th Fl-Ste 1250
| Size | 8,763 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
8,763 SF of demisable space down to ~2,500 SF Plug and play open/creative office layout Furniture Available
17th Fl-Ste 1760
| Size | 4,276 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Hard wall professional services build out
19th Fl-Ste 1900
| Size | 4,925 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Aug 2026 |
Hard wall offices with conference room, kitchen/break room and storage.
19th Fl-Ste 1925
| Size | 2,791 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Feb 2027 |
Contiguous with Suite 1950
19th Fl-Ste 1950
| Size | 2,986 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Welcome to 515 Congress -- a prominent office destination in the heart of Austin’s Downtown business district offering meaningful spaces for every tenant in the building. No matter what size space your business requires, your company can take full advantage of expansive views and thoughtful floorplans. A 3,000 square foot space can feel like a full floor due to each level’s open layout and walls of windows overlooking the Capitol, Town Lake, and the Hill Country.
23rd Fl-Ste 2325
| Size | 8,324 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
Professional services build out High end finishes
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Exceptionally bikeable
90/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
22,040
182,191
336,434
2025 Population
25,873
201,131
369,507
Population Growth '20-'25
17.4%
10.4%
9.8%
2020 Households
12,586
86,059
153,633
2025 Households
15,037
96,311
170,518
Household Growth '20-'25
19.5%
11.9%
11.0%
Average Age
40
35
36
Median Household Income
$142,628
$91,194
$91,498
Daytime Employees
105,033
216,439
330,988
Total Businesses
8,460
22,709
36,097
College Degree + Higher
72%
60%
56%
Property Taxes
| Parcel Number | 194402 | Improvements Assessment | $98,290,711 |
| Land Assessment | $24,399,440 | Total Assessment | $122,690,151 |
Property Taxes
Parcel Number
194402
Land Assessment
$24,399,440
Improvements Assessment
$98,290,711
Total Assessment
$122,690,151
About the Architect
Read More
Other Properties in the Morris & Associates Portfolio
Sale Advisors
Sale Advisors
Drew Fuller, Managing Director, Capital Markets
Drew is a managing director in the Austin office of JLL Capital Markets, Americas. He joins JLL as part of the HFF acquisition and has more than 12 years of experience in commercial real estate. He focuses primarily on commercial investment sales advisory transactions throughout central Texas. Drew started at HFF as an analyst in February 2014 and has been involved real estate transactions totaling more than $3 billion. Before that, he worked with Commercial Texas in Austin as an associate vice president, where he participated in commercial investment sales and leasing. He began his real estate career in 2008.
Jonathan Napper, Senior Managing Director, Capital Markets
As an accomplished office investment sales expert, Jonathan joins JLL’s Investment Sales & Advisory team, where he will concentrate on growing JLL’s national and global capital markets business.
Prior to joining JLL, Jonathan was with Cushman & Wakefield, where he established himself as one of the most accomplished office investment sales professionals, having completed over $25 billion of office sales transactions in the major Sunbelt markets. Before that, he was with Eastdil Secured, where he opened the firm’s office in Texas and focused on institutional office sales and financing assignments throughout Texas and the Southeast. Jonathan spent the early part of his career on the principal side of the business, completing over $3 billion in office, industrial and multi-housing acquisitions and developments.
Prior to joining JLL, Jonathan was with Cushman & Wakefield, where he established himself as one of the most accomplished office investment sales professionals, having completed over $25 billion of office sales transactions in the major Sunbelt markets. Before that, he was with Eastdil Secured, where he opened the firm’s office in Texas and focused on institutional office sales and financing assignments throughout Texas and the Southeast. Jonathan spent the early part of his career on the principal side of the business, completing over $3 billion in office, industrial and multi-housing acquisitions and developments.
Michael McDonald, Senior Managing Director, Office Group Leader
Mike is a Senior Managing Director in the Dallas office of JLL Capital Markets, Americas, with over 25 years of experience in sales transactions. Mike is also a coleader of the firm’s national Office group. As an accomplished office investment sales expert, Mike joins JLL’s Investment Sales & Advisory team, where he will concentrate on growing JLL’s national and global capital markets business. Over the course of his career, Mike has handled over $70 billion of capital markets transactions, including office, retail, multifamily and logistics assets, in addition to strategic investment banking transactions.
Prior to joining JLL, Mike was a Vice Chairman with Cushman & Wakefield, where he completed over $25 billion of office sales transactions in the major Sunbelt markets. Before that, he spent 18 years at Eastdil Secured, ultimately ascending to a Managing Director position on its Management Committee. Mike was responsible for the office investment sales platform across the Sunbelt and supported the firm’s global business endeavors.
Prior to joining JLL, Mike was a Vice Chairman with Cushman & Wakefield, where he completed over $25 billion of office sales transactions in the major Sunbelt markets. Before that, he spent 18 years at Eastdil Secured, ultimately ascending to a Managing Director position on its Management Committee. Mike was responsible for the office investment sales platform across the Sunbelt and supported the firm’s global business endeavors.
1 of 37
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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515 Congress | 515 Congress Ave
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