Liz Reyna represents buyers and sellers of luxury condominiums in downtown Austin's high-rise towers. She has been a real estate investor for more than 20 years, is a licensed Texas agent with Christie's International Real Estate and @properties Lone Star, and lives at The Independent.
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The work is concentrated in downtown Austin's high-rise towers and in luxury new development. Rather than covering the metro broadly, the focus is on a small number of buildings understood at the level of individual floor lines, view tiers, HOA financials, and resale history.
Liz Reyna came to real estate as an investor first. She has bought, held and sold downtown condominiums as a principal for more than 20 years, beginning in Chicago's River North, continues to hold investment property in Texas, and before real estate spent her career in institutional finance as a Director of Client Services, holding FINRA Series 7 and Series 63 licenses. The practice runs the way an investor underwrites: floor line pricing, view permanence, HOA financial health, reserve adequacy, tax load and exit liquidity are analyzed before an offer is written, because a residence at this level is an asset as well as a home.
Her brokerage, @properties Lone Star Christie's International Real Estate, represents sales for Austin's major new condominium developments, including Vesper (41 stories, 284 residences, Rainey Street District), Viceroy Residences Austin (146 residences at 300 Pressler Street, delivering 2027), The Code (South Lamar), and UMusic Hotel and Private Residences Austin (600 residences). Per the developer, Viceroy Residences Austin is the only new construction luxury condominium slated for delivery near downtown Austin in the next two years, as of July 2026.
@properties Lone Star, Christie's International Real Estate
TREC #803843
Downtown Austin luxury high-rises and new development
Real estate investor for more than 20 years
The Independent, 301 West Avenue, Austin
Each building below has a dedicated page covering pricing history, floor plans, monthly dues, and current availability.
301 West Avenue. Fifty-eight floors, 370 residences. Liz Reyna's own building, covered with a recurring market report.
222 West Avenue. Boutique tower above the Seaholm district, adjacent to the library and Trader Joe's.
Branded residential new development on Lake Austin. Analyst-depth pricing and floor plan research.
200 Congress Avenue. Fifty-six floors. Among the highest monthly dues downtown, and the reasons are worth understanding before you offer.
360 Nueces Street. Forty-four floors, one of downtown's largest towers by unit count.
501 West Avenue. Thirty-nine floors, west-facing views over Shoal Creek.
Monthly dues at downtown Austin's flagship towers vary widely by building and unit size. Dues typically fund concierge and front desk staffing, building insurance, common area maintenance, amenity operation, and reserve contributions. The figure to examine is not the monthly number in isolation but the reserve study behind it, since an underfunded reserve becomes a special assessment. Reserve adequacy is reviewed on every purchase before an offer is written.
Capitol View Corridors are protected sightlines to the Texas Capitol dome, established in state and city law, that cap building heights along specific vectors across downtown. For a buyer, the practical effect is that a residence sitting inside a corridor has a view that cannot be built out, which is one of the few genuinely permanent view protections in an urban core. Corridor position is checked before purchase, and it materially affects resale value.
New development sells on floor plan and renderings, with delivery often two or more years out, deposits at risk, and no resale history to price against. An existing tower can be walked, and its dues, reserves, board, and resale record are all observable. New development can be the better trade when the building is genuinely differentiated or branded, but it should be underwritten as a forward commitment rather than a purchase.
Land does not carry the value. Pricing is driven by floor line, floor height, view orientation and permanence, exposure, layout efficiency, and the financial health of the association. Two units with identical square footage in the same tower can trade far apart on view alone. Comparable analysis has to be run inside the building and often inside the specific line, not across the ZIP code.
Residency gives access to information that is not in the MLS: which units are quietly coming available, how the board is actually handling reserves, which lines have noise or exposure issues, and what the building's own residents think of management. Liz Reyna lives at The Independent and publishes a recurring market report on the building.
Buyer representation, seller consultations, and off-market conversations for downtown Austin luxury residences. Messages are read and answered by Liz Reyna.