With so many luxury towers in downtown Austin offering modern amenities and walkable locations, choosing the right one can feel overwhelming. How do you decide which apartment actually best fits your lifestyle?
Read Next: Downtown Austin Apartment Review: Sienna at the Thompson
Both Paseo and Sienna at the Thompson offer elevated finishes, prime locations and lifestyle-driven perks, but the living experience at each is different. This guide compares them across location, amenities, floor plans and pricing to help you choose the space that fits your needs.

Quick Facts: Paseo vs. Sienna at the Thompson
Property | Paseo | Sienna at the Thompson |
Address | 80 Rainey St, Austin, TX 78701 | 501 Brazos St |
Year Built | 2025 | 2022 |
Number of Stories | 48 | 32 |
Location Comparison: Paseo on Rainey Street vs. Sienna at the Thompson
Paseo
Paseo puts you in the center of it all, offering prime access to Rainey Street’s most iconic nightlife, dining and entertainment venues.
Residents can enjoy easy access to local restaurants and bars like Launderette, Bangers and Victory Lap. For those who love staying active or simply unwinding by the water, the Ann and Roy Butler Hike-and-Bike Trail is just across the street, providing endless opportunities to enjoy Austin’s natural beauty. Other luxury apartments nearby include The Quincy and The Bowie.
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Sienna at the Thompson
Sienna at the Thompson is set at the corner of 5th and Brazos, tucked within the Thompson Austin Hotel. Its address blends private living with the buzz of a boutique hotel, putting you in the center of downtown’s cultural energy.
Step outside and you’re surrounded by Austin’s dining, shopping and nightlife. Grab dinner at Arriba Abajo, Eureka, or Eddie V’s Prime Seafood. Wander through the boutiques along 2nd Street District or South Congress Square and you’ll find a shopping scene as lively as the city itself.

Amenities Compared: What Paseo and Sienna Offer Downtown Austin Renters
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 | Sienna at the Thompson | |
Rooftop Pool | X | X |
Rooftop Hot Tub | X | |
Fitness Center | X | X |
Yoga Studio | X | X |
Coworking with Private Conference Rooms | X | X |
Clubhouse/Lounge | X | X |
Outdoor Space w/ Grilling | X | X |
Sauna | X | X |
On-Site Coffee Shop | X | X |
Dog Spa | X | X |
Parking | X | X |
EV Charging Stations | X | X |
Bike Storage | X | X |
Waterfront Views | X |
For more information on amenities, visit the amenities pages for Paseo and Sienna at the Thompson.

Read Next: 5 Benefits of Living in a New Downtown Austin Apartment
Floor Plans & Pricing: Paseo vs. Sienna Downtown Austin Apartments
Paseo
Paseo offers studio, one-bedroom, two-bedroom and three-bedroom floor plans, with elevated floorplans available. At the time of publication in September 2025, pricing ranges from $2,000 to $10,00 per month depending on floor plan type and availability. Prices are subject to change. You can find current pricing on our floor plan page.
Signature units at Paseo are designed with the details in mind. Kitchens feature custom Italian cabinetry with soft-close drawers, statement pendant lighting, ribbed grey-and-cream backsplash tile and grey matte countertops traced with soft white veining. Stainless steel appliances, black plumbing fixtures and custom closets round out the look, paired with white oak–inspired LVT flooring throughout. Each home comes with a full-sized washer and dryer, plus built-in Google Fiber connectivity to keep life moving seamlessly.
Elevated units take the finish a step further, with brass fixtures, marble-inspired quartz countertops, walnut-look flooring and matte white ribbed tile bringing a brighter, more refined palette to the same thoughtfully crafted spaces.

Sienna at the Thompson
Sienna at the Thompson offers studio, one bedroom and two bedroom floorplan options. At the time of publication in September 2025, rates at Sienna Austin range from the $2,400s to over $4,800 per month, depending on unit type. All rates are subject to change. You can find current availability and pricing on Sienna Austin’s floor plan page.
The units at Sienna Austin feature GE stainless steel appliances, marble quartz countertops and rich, dark brown wood grain cabinets in the kitchen. Luxurious vinyl plank flooring is installed throughout, complemented by bedroom ceiling fans and contemporary glass showers featuring accent tiling. Every unit includes an in-home washer and dryer for added convenience, while select units offer dual bathroom vanities and private balconies for an elevated living experience.

Finding the right downtown Austin property doesn’t have to feel complicated, and now you know what to expect from Paseo and Sienna at the Thompson. If you still have questions on which community best matches your lifestyle, contact our leasing team! At Paseo, we are here to make sure you find your rhythm in the heart of Austin.

Eddie
Eddie is a leasing professional at Paseo with years of industry experience who’s called Austin home since age four. A former college and semi-pro baseball player, he now spends his days off exploring Austin’s greenbelts with his girlfriend and their Shih Tzu, Teddy. At work, Eddie’s focus is simple: delivering great service and building real connections with future residents.
September 5, 2025