4- and 5-Bedroom High Rise Residences in Austin
The rare largest units: The Modern Austin Residences 1–5BR ($2,850–$25,000), Alexan Waterloo to 4,064 sq ft, plus parking and storage.
By the Austin High Rise Apartment Team · · 5 min read
The rarest units in Austin’s high rise market
Our daily tracking of the local market reveals that true 4- and 5-bedroom residences are the hardest layouts to secure. Most Austin high rise inventory tops out at studios and standard two-bedroom units. Three-bedroom options exist in nearly every tower.
We consistently see that finding a 5 bedroom high rise apartment austin is an entirely different challenge. That scarcity defines the entire search process for expanding households. Relocating executives and multigenerational families often spend months waiting for these specific units.
Our portfolio includes these rare layouts, representing the absolute largest homes in the penthouse and ultra-luxury inventory. The 2026 Austin apartment market experienced a massive supply pullback. This shift means massive new builds with sprawling penthouses are becoming much less common.
We will break down exactly where to find these oversized units and walk through the practical realities of choosing a tower over a traditional house.
Where the biggest homes are
| Tower | District | Bedrooms | Largest layout / top rent |
|---|---|---|---|
| The Modern Austin Residences | East Downtown | 1-5BR | 5BR units up to $25,000 |
| Alexan Waterloo | East Downtown | 1-3BR | Up to 4,064 sq ft |
| Hanover Brazos Street | East Downtown | 1-3BR | Up to 3,309 sq ft |
| Ashton Austin | Congress Avenue | 1-3BR | Up to 3,218 sq ft |
| 700 River | Rainey Street | 0-3BR | Up to 3,194 sq ft |
| Paseo | Rainey Street | 0-3BR | Residences up to $45,000 |
The Modern Austin Residences (610 Davis St, 2025, 56 floors) is the only tower offering 5-bedroom units right now. This property is privately managed through individual condo owners.
We track these listings closely because top rents can run up to $25,000 per month for the massive floor plans. A major benefit of this specific building is that it charges zero monthly pet rent. Every lease typically includes two reserved spaces in the 15-level garage.
We also monitor Alexan Waterloo (700 E 11th St, 2021, 30 floors) for its expansive options. The largest single layout spans 4,064 square feet, rivaling any 4 bedroom apartment downtown austin option. Starting base rents begin at $1,804 for the smallest units, while the penthouses start at $17,999 per month.
We consider 700 River (700 River St, 2024, 43 floors) a prime spot for luxury living in the Rainey District. The C1 Penthouse delivers 3,194 square feet and a sprawling three-bedroom, three-and-a-half-bath layout. Residents here pay nearly $19,852 monthly for high-end finishes and open city views.
What to check in a large residence
Our agents advise clients to verify several specific details before signing a lease on a massive unit. The first priority is understanding the bedroom layout and actual usable space. A true family high rise austin unit should have distinct zones for privacy.
- Bedroom layout. Split-bedroom plans give a primary suite privacy from kids or guests.
- Real bedrooms vs. dens. Some “4BR” plans count a den without a window or closet.
- Bathrooms. You should count full baths rather than just the total number.
- Parking. A large household often needs two or three spaces. As of 2026, unreserved garage parking in luxury downtown Austin buildings runs $75 to $150 per month per vehicle.
- Storage. Always ask about storage units. Large residences rarely solve storage alone, and property managers frequently charge an extra $50 to $150 monthly for a basement locker.
- Elevators. With more people coming and going, elevator count matters during morning rush hours.
Families in a high rise
Check pool rules for children, nearby parks and the walk to schools. Downtown families often use Republic Square, Auditorium Shores and Zilker Park for outdoor space. For example, Republic Square hosts the Texas Street Food Tour and Japan Fes in the fall, providing great family entertainment steps from your lobby.
Availability timing
Our team tracks upcoming notices because new towers release large residences in careful stages. With only a few of these expansive units in each tower, availability comes down to precise timing. Leases on a large luxury apartment austin turn over only a handful of times a year.
We actively monitor staged releases to stay ahead of the general public. Finding a massive penthouse requires serious patience and local connections. Property managers rarely post their most expensive inventory on public platforms.
We can often tell you about a unit 30 to 60 days before it becomes public, if it gets listed at all. See why top-floor inventory never hits Zillow. Securing a place early prevents the stress of a last-minute scramble.
Who rents the largest high rise homes
Our leasing agents notice four distinct renter profiles dominating the market for these massive spaces. Relocating executives with families frequently apply for these homes. A company may cover housing during a transition, giving kids their own rooms and a parent a home office.
We see multigenerational households utilizing these floor plans just as frequently. A split-bedroom plan with a primary suite on one side and guest bedrooms on the other works well for multigenerational households living together. These specific units provide necessary privacy.
We help empty nesters leaving a large house transition into buildings with fewer chores. Downsizers who still host represent another major demographic. They want zero yard work but demand a massive dining area for the holidays.
Our agents watch remote professionals grab these units quickly. Two people working from home can use a 4-bedroom as two offices plus a guest room. Dedicated quiet areas become essential for remote professionals in this scenario.
Corporate Relocations
Tech executives moving to Austin often secure these 4- and 5-bedroom units site-unseen, relying entirely on video tours and building floor plans.
Living large in a tower: practical notes
Our checklist for families moving downtown includes several lifestyle adjustments. Living in a high-rise requires a different approach to daily logistics. Specific building rules can catch new residents by surprise.
- Schools and parks. Downtown families often use Republic Square, Auditorium Shores and Zilker Park for outdoor time. You should always ask about school zoning, such as whether the building feeds into Mathews Elementary.
- Pool rules for kids. Some amenity decks have strict children’s hours or age rules for safety.
- Strollers and bikes. Check elevator size, bike storage, and how far the garage is from the specific elevator bank.
- Sound. Concrete construction helps dampen noise considerably. You should still ask about the units above and below if you have young children.
Comparing to a house
We frequently run cost comparisons for clients debating between a tower and a traditional suburban estate. A 4,064 square foot layout at Alexan Waterloo is larger than many Austin houses, providing extensive space with zero yard work and a fully staffed building. Rent at this high level must be compared with the massive full cost of owning.
| Expense Type | Renting a High-Rise | Owning a House |
|---|---|---|
| Property Taxes | $0 | ~$2.12 per $100 value |
| Maintenance | Included in rent | Out of pocket |
| Yard Work | None | Weekly upkeep |
Our financial breakdown always factors in mortgage interest, insurance, and maintenance. In 2026, the combined property tax rate in Austin climbed to roughly $2.12 per $100 of taxable value. Owning a $3 million home brings a massive annual property tax bill that renters entirely avoid.
We find that for many families on a defined Austin stay, renting the largest high rise home is the simpler financial choice. A leased penthouse offers peak luxury without a thirty-year commitment. Building staff handle all the landscaping and exterior repairs instantly.
Not quite a 5 bedroom high rise apartment austin?
Our team can easily pivot if your space requirements change. If 3 bedrooms and 3,000+ sq ft will work, your options widen considerably.
See large floorplan apartments, especially if you are downsizing from a house.
We check every large residence across the 23 towers we cover to find the perfect fit. Just tell the agents your exact bedroom count, parking needs, and timeline.
A great 5 bedroom high rise apartment austin is hard to find, but finding a beautiful three-bedroom is highly achievable today.