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Office Condominium High-Rise
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1122 Colorado St, Austin, TX 78701

Westgate Tower is a residential and office high-rise condominium building directly across from the Texas State Capitol.

Days on Market112

Property Features for 1122 Colorado St

General Information

Standard status Active
Property subtype Office
Listing Agency: Capital Growth Real Estate
Listed By: Caitlin Gary · License #TX 698420
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 23 at 10:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capital Growth Real Estate

Investment Insights

Based on property information with market context.

Westgate Tower is a residential and office high-rise condominium building. The property is configured as a condominium building that combines office space with residential use within the same structure.

The building is located directly across from the Westgate to the Texas State Capitol in downtown Austin, placing it within immediate proximity to the Capitol area.

For sale, this is an office-focused condominium high-rise opportunity in a prominent downtown Austin setting.

Key Highlights

  • Residential and office high‑rise condominium building
  • Located directly across from the Texas State Capitol in downtown Austin

Property Analytics

Current Use

Johnson & Johnson Law Firm Johnson Gordon R Law Firm Niemann & Heyer Law Firm Cullinane Law Group Law Firm Stan Schlueter Pc Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Tanning Salon Pet Grooming Service Buffet Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

10,973
Businesses Nearby

Demographics for 78701, TX

11,625
Population
8,021
Households
1.4
Avg Household Size
38
Median Age
81%
College-Educated
96%
High-School Grad
1.5 sq mi
ZIP Area
7,750
Density / Sq Mi
$154,867
Median Household Income
$106,932
Median Earnings
$2,732
Median Rent
$653,600
Median Home Value

Market

Vacancy Rate% for Office in Austin, TX

9.1% 2019
17.1% 2020
18.7% 2021
21.8% 2022
27.1% 2023
29.8% 2024
29% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Westgate Tower is a residential and office high-rise condominium building directly across from the Texas State Capitol.
Where is this office building located?
The property is located at 1122 Colorado St Austin, TX.
What are key features of this property?
This property features: Residential and office high‑rise condominium building; Located directly across from the Texas State Capitol in downtown Austin
(512) 328-3698 Call to check price and availability
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