Active Listing  ·  40 days on market

1002 Concordia Ave

Austin, TX 78705
$850,000
3 Bed 4 Bath 2,253 sqft $377/sqft Built 2020 0.04 acres 2-Car Garage Pool East Ave

Discover refined contemporary living in Austin's sought-after East Avenue community, where a private elevator, rooftop terrace, and sophisticated design create an exceptional low-maintenance lifestyle. This beautifully designed three-story residence with Roof Top Deck offers 3 bedrooms, 3.5 bathrooms, and 2,253 square feet of thoughtfully designed living space, just minutes from Downtown Austin, The University of Texas, Dell Medical School, Mueller, and Austin's renowned restaurants, coffee shops, shopping, and entertainment.

Flooded with natural light, the open-concept interior showcases soaring ceilings, expansive windows, wide-plank hardwood flooring, designer lighting, and custom window treatments. The spacious living and dining areas flow seamlessly into a chef's kitchen featuring quartz countertops, custom cabinetry, premium Bosch stainless steel appliances, a Bosch gas range, and an oversized center island designed for both effortless entertaining and everyday living.

A private first-floor guest suite with an en-suite bath offers exceptional flexibility for guests, a home office, or multigenerational living. Upstairs, the serene primary suite serves as a private retreat with a generous walk-in closet and a spa-inspired bath featuring dual vanities, a soaking tub, and an oversized walk-in shower. An additional en-suite bedroom provides comfort and privacy.

The private rooftop terrace extends the living space outdoors, creating an inviting setting to relax, entertain, and enjoy the surrounding cityscape with glimpses of the downtown skyline.

Combining timeless contemporary architecture, quality craftsmanship, and an exceptional Central Austin location, this residence offers a rare opportunity to enjoy elevated urban living.

At $377/sqft, this home is 4% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1002 Concordia Ave, Austin, TX 78705

Property Details

Price $850,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 2,253 sqft
Lot Size 0.04 acres (1,633.5 sqft)
Year Built 2020
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision East Ave
County Travis
Zip Code 78705
$/sqft $377/sqft
Days on Market ,
HOA $351.2/Annually
Annual Tax Est. $13,343.82
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT240033453
List Date July 15, 2026
Elementary School Lee
Middle School Kealing
High School McCallum
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 15, 2026 $895,000
Current ask $850,000
Reduced $45,000 (-5.0%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
2945 Moss St
Pannell
$859,997 $488 3 bd / 2 ba 1,762 sqft , 2026-06-29
1610 Harvey St #A
Division B
$865,000 $443 3 bd / 3 ba 1,951 sqft , 2026-07-03
3500 Harmon Ave #7
Austin Modern Lofts Condos
$875,000 $429 3 bd / 4 ba 2,040 sqft , 2026-04-30
1800 Poquito St
Crows Sub Resub Lt 6& Pt Lt 7
$895,000 $419 3 bd / 3 ba 2,138 sqft , 2026-05-28
3309 Larry Ln #2
Cherrywood
$899,990 $568 3 bd / 3 ba 1,584 sqft , 2026-07-23

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,080/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$170,000
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,080
Principal + Interest−$4,639
Property Tax (~2.1% TX avg)−$1,488
Insurance (~0.5%)−$354
Est. Monthly Cash Flow $-2,401

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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About the Author
Luke Allen, Austin TX Realtor, TREC #788149
Luke Allen
Licensed Austin TX Realtor · TREC #788149 · Full-time since 2019
★★★★★ 5.0 on Google · 30 Reviews

Luke Allen is a full-time Austin TX Realtor with the Austin Marketing + Development Group brokerage. He works with buyers, sellers, and investors across every Austin ISD and the surrounding neighborhoods, from Downtown and East Austin to Round Rock, Cedar Park, and the Hill Country. Every page on this site is written and maintained by Luke. This page was last updated on August 20, 2026.

📞 (254) 718-2567 [email protected] More about Luke →