Founded in 1112 by Augustinian Canons, the monastery was refurbished in the Baroque style in 1714 by Jakob Prandtauer, Johann Bernhard Fischer von Erlach, and Josef Munggenast.
From 1714 the buildings were refurbished in the Baroque style by Jakob Prandtauer, Johann Bernhard Fischer von Erlach, and Josef Munggenast.
The monastery church was established in about 1014 by Emperor Henry II and is dedicated to Saint Stephen the Protomartyr (after the patron of Passau Cathedral).
The emphasis of the collection is on late Gothic works such as panel paintings, sculptures and stained glass windows.
The great banqueting hall, the treasury, and the monastic library, as well as the coin cabinet, underline the art-historical importance of the priory in Lower Austria.