Active Listing  ·  13 days on market

1006 Baylor St #201

Austin, TX 78703
$3,250,000
3 Bed 4 Bath 3,575 sqft $909/sqft Built 2025 2-Car Garage Pool New Construction Castle East Sub

Residence 201 at The Colorfield is a 3,575 square foot corner residence in Clarksville, designed by Alterstudio Architecture and defined by expansive glass, natural light, and a warm, refined material palette. Floor to ceiling curtain wall glass wraps the residence, capturing eastern exposure and views toward Downtown Austin and the Texas Capitol.

The single level floor plan offers three bedrooms, three and one half baths, and a versatile den that can serve as a private office, media room, library, or additional guest space. Two secondary bedrooms each open to a private balcony, while a separate covered terrace creates an additional outdoor living area.

The primary suite is designed as a private retreat with a generous walk-in closet and spa inspired bath featuring a freestanding soaking tub and dual vanities. Throughout the residence, wide plank white oak flooring, light oak millwork, white and light toned stone, and carefully considered architectural details create an interior that feels bright, natural, and timeless.

A chef's kitchen with Gaggenau appliances, generous storage, and open living and dining spaces completes the residence. Two reserved garage parking spaces are included.

The Colorfield is an intimate collection of just ten luxury condominiums in the heart of Clarksville and Old West Austin. Residents enjoy a secure parking garage, staffed concierge and front desk, and two elevators serving the building, all within minutes of Downtown Austin, the Texas Capitol, Lady Bird Lake, and some of Austin's most celebrated restaurants, shops, and cultural destinations.

Construction is complete, and Residence 201 is available now.

At $909/sqft, this home is priced 131% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1006 Baylor St #201, Austin, TX 78703

Property Details

Price $3,250,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 3,575 sqft
Lot Size ,
Year Built 2025
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Castle East Sub
County Travis
Zip Code 78703
$/sqft $909/sqft
Days on Market ,
HOA $2,457/Monthly
Annual Tax Est. $35,551
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT246283756
List Date September 9, 2026
Elementary School Mathews
Middle School O Henry
High School Austin
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 →

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
1102 Charlotte St
Silitt Add
$3,199,000 $1,035 4 bd / 4 ba 3,090 sqft , 2026-09-01
1315 W 9th St #B
1315 W 9th St Condos
$2,999,000 $999 3 bd / 3 ba 3,003 sqft , 2026-08-27
210 Lavaca St #2505
The W Austin Residences
$2,995,000 $1,043 3 bd / 4 ba 2,871 sqft , 2026-04-13
1803 Palma Plz
Enfield H
$2,995,000 $1,045 4 bd / 4 ba 2,866 sqft , 2026-06-01
1006 Baylor St #202
Castle East Sub
$2,990,000 $911 3 bd / 4 ba 3,281 sqft , 2026-09-09

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
$15,600/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
$650,000
20% conventional investment loan

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

Estimated Gross Rent+$15,600
Principal + Interest−$17,737
Property Tax (~2.1% TX avg)−$5,688
Insurance (~0.5%)−$1,354
Est. Monthly Cash Flow $-9,179

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 September 20, 2026.

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