Finding the perfect downtown Austin apartment can feel overwhelming. With so many luxury options available, how do you know which one will truly fit your lifestyle, budget and daily routine?
At Paseo, we know that home is more than just four walls. It’s where you unwind after a long day, where you sip your morning coffee and where you experience the best of Austin living. With thoughtfully designed layouts, high-end amenities and a prime location, we’re confident that Paseo delivers an exceptional living experience.
Read Next: Downtown Austin Apartment Review: The Waller
However, we also know that finding the right home means considering all your options. Paseo and The Waller both offer high-end living with premium features. But which one is the best fit for you? Whether you’re looking for stunning skyline views, an unmatched amenity package or the perfect location, this guide breaks down the differences between Paseo and The Waller to help you make an informed decision.
| Property | Paseo | The Waller |
| Address | 80 Rainey St, Austin, TX 78701 | 1104 Sabine St, Austin, TX 78701 |
| Year Built | 2024 | 2024 |
| Number of Stories | 48 | 32 |
| Distance from Zilker Park | 10-min drive | 12-min drive |
The Basics
To start, let’s look at the basics.
Paseo
Address: 80 Rainey St, Austin
Year Built: 2024
Number of Units: 557
The Waller
Address: 1104 Sabine St, Austin, TX
Year Built: 2024
Number of Units: 388
Location
Paseo
Paseo, located at 80 Rainey St, is situated within walking distance of Lady Bird Lake and the Rainey Street Historic District.
Just steps from the building, residents can enjoy fine dining at Jeffrey’s, modern Japanese cuisine at Uchi or handcrafted cocktails at The Roosevelt Room. A short walk away, you’ll find boutique shopping, live music venues and high-end fitness studios. Other luxury residences in the area include The Quincy and 700 River.
Read Next: Best Happy Hours Near Downtown Austin
The Waller
The Waller is located near Waller Creek, offering a mix of city living and natural surroundings.
The location is ideal for those who want to be close to the Texas Capitol while still having access to outdoor spaces like Waterloo Park and the Ann and Roy Butler Hike-and-Bike Trail. It’s also near top-rated bars and restaurants like P6, Aba and Hestia.
Amenities
Both locations offer a wide range of amenities. To make the comparison process easier, we have created this chart of the amenities available at each location.
| Paseo | The Waller | |
| Rooftop Pool | X | |
| Hot Tub | X | |
| Fitness Center | X | X |
| Yoga Studio | X | X |
| Private Study Rooms | X | X |
| Clubhouse/Lounge | X | X |
| Outdoor Space w/ Grilling | X | X |
| Poolside Fitness Lawn | X | |
| Sauna | X | |
| On-Site Coffee Shop | X | X |
| Dog Spa | X | X |
| Parking | X | X |
| EV Charging Stations | X | X |
| Bike Parking | X | X |
| Rideshare Lounge | X |
For more information on amenities, visit the amenities pages for Paseo and The Waller.
Pricing and Floor Plans
Paseo
Paseo offers a variety of floor plans, including studio, one-bedroom, two-bedroom and three-bedroom apartments. At the time of publication in July 2025, pricing ranges from the $2,000s to more than $10,000 per month depending on floor plan type and availability. Prices are subject to change, so check the floor plan page for the latest updates.
The apartments feature high-end finishes, including white oak look cabinets, black hardware, grey matte countertops and zellige-inspired backsplash. Kitchens are equipped with stainless steel appliances, including a full-size refrigerator, oven, stovetop, microwave and dishwasher.
The Waller
The Waller offers studio, one-bedroom, two-bedroom and three-bedroom apartment options. At the time of publication in July 2025, rates at The Waller range from the $2,000s to more than $10,000 per month, depending on unit type. All rates are subject to change. You can find current availability and pricing on The Waller’s floor plan page.
The Waller’s interiors are designed with a modern, nature-inspired aesthetic, featuring stainless steel appliances, quartz countertops and tile backsplashes. Additional perks include a Smart thermostat, other smart home features like keyless entry and select units come with urban mudrooms, custom-made Murphy beds and private balconies.
At the end of the day, the right home is the one that feels like it was designed for you. We hope this article provided valuable insight into both of these downtown Austin properties and helped you determine which one best fits your needs. Ultimately, the best way to decide is to tour both communities and see which one aligns with your lifestyle. If you have any questions about Paseo or need help finding your ideal home in downtown Austin, reach out to our leasing team today!
Erica Bang
Erica is a regular contributing author for Paseo, covering leasing tips and all things downtown Austin. In her free time, you'll find Erica at a yoga class, trying new coffee shops downtown, or traveling.
July 23, 2025