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DEN Property Group is an innovative, turn-key real estate group that creatively solves our clients' challenges from selling, buying and investing in architecturally-significant, sustainable and luxury...

Art Loft in the Heart of Downtown

NOT IN THE MLS

Inspired by a passion for art, this one-of-a-kind, super luxury loft was designed by award-winning firm Dick Clark + Associates. Stunning views of Downtown Austin, Lady Bird Lake & The Capitol.

Sophisticated Waterfront

2453 Westlake Drive

Lock and leave lifestyle just 10 minutes from downtown. After a complete renovation, this 2-story townhome blends all of the singular experiences and investment benefits of living on Lake Austin with ...

Modern Masterpiece designed by Dick Clark

1107 Folts Avenue

This modern masterpiece designed by Dick Clark of Dick Clark + Associates is now for sale and recently featured in Dwell Magazine. Contact Bryan Cady for more information or a private tour.

Hill Country Modern in Rob Roy on the Lake

600 Barrett Lane

Lake Flato inspired architecture aligns resort-style amenities with sustainable design, form, and function.

70 RAINEY

Explore The Other Side of Rainey

70 Rainey is a limited collection of 164 luxury residences for sale with unparalleled views and over 31,000+ SF of indoor & outdoor amenities.

50+ Acre Ranch

Meticulously maintained ag-exempt estate

Offering the rare combination of proximity and privacy with the amenities of a turn-key luxury Hill Country home.

Travis Heights

2001 Alta Vista

Private lot with pool, lush landscaping, and heritage oak in the heart of Travis Heights.

Austin Proper Residences

Private Residences Delivering 2019

The Austin Proper Residences are a limited collection of 99 residences and penthouses atop the Austin Proper Hotel in the heart of the vibrant 2nd Street District.

802 Meriden Lane

Tarrytown Gem with an awe-inspiring private backyard

With over 2,500+ SF, the open floor plan flows perfectly throughout with a large master down that boasts high, vaulted ceilings and an abundance of natural light.

The most expensive street in Texas? It's in downtown Austin

Posted by Krisjan Vermelis on Tuesday, December 1st, 2015 at 11:48am.

Austin's residential real estate market isn't alone when it comes to skyrocketing prices. In fact, a new report from JLL reveals the most expensive commercial streets in the U.S., and one is in the heart of downtown.

Congress Avenue is the 11th most expensive street in America — and the most expensive in Texas — according to the report. The investment firm found that the average rent on this downtown thoroughfare is $48.11 per square foot, $16 higher than the Austin market average.

"Limited construction and growing tenant demand" is increasing rent in midsized markets like Austin, which has seen a 14.4 percent increase in prices in just two years. And, notes JLL, amenities like restaurants are adding to both the value and the price.

"Tenants will pay a little bit more in rent to have restaurants, retail, entertainment, and residential right by the office — their employees are demanding this," says Ben Heller, managing director with JLL, in a press release. "Going forward, surrounding amenities will play a huge role in where a tenant signs their lease." That information bodes well for property owners on Congress Avenue, which boasts some of Austin's top attractions. 

On the heels of Congress Avenue are two other pricey Texas streets. McKinney Avenue in Dallas ranks No. 14 overall; the average rent there is $43.81 per square foot. Louisiana Street in Houston comes in at No. 15, with an average price per square foot of $43.67. 

Source: CultureMap Austin

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