Active Listing  ·  13 days on market

1007 E 15th St ##3

Austin, TX 78702
$1,000,000
3 Bed 4 Bath 1,977 sqft $506/sqft Built 2026 0.06 acres 2-Car Garage Pool New Construction Division B

Some of Austin's best views aren't from a hotel bar - they're from the rooftop of 1007 E 15th #C. From your private outdoor space, the downtown skyline, Texas Capitol dome, UT Tower, and Texas Memorial Stadium line up across the horizon. In one of Central East Austin's most connected pockets, Swede Hill - walk or bike to the Capitol, UT, Dell Medical, Franklin Barbecue, Swede Hill Pocket Park, and the East 11th food & music corridor. Contemporary three-story architecture with an attached 2-car garage on a low-maintenance lot - this is a lock-and-leave Austin home with a view that's hard to beat.

At $506/sqft, this home is priced 29% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1007 E 15th St ##3, Austin, TX 78702

Property Details

Price $1,000,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths 1
Living Area 1,977 sqft
Lot Size 0.06 acres (2,613.6 sqft)
Year Built 2026
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Division B
County Travis
Zip Code 78702
$/sqft $506/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT205070301
List Date September 9, 2026
Elementary School Campbell
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.

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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
1606 Salina St
LE Foster Addn
$1,000,000 $451 4 bd / 3 ba 2,219 sqft , 2026-09-15
1205 E 9th St
Division B
$997,700 $474 3 bd / 3 ba 2,104 sqft , 2026-06-07
555 E 5th St #2826
Five Fifty 05 Condo Amd
$995,000 $684 2 bd / 2 ba 1,454 sqft , 2026-03-25
555 E 5th St #2901
Five Fifty 05 Condo Amd
$1,050,000 $598 2 bd / 3 ba 1,755 sqft , 2026-08-09
2302 E 9th St
Grandview Place
$949,500 $401 4 bd / 3 ba 2,369 sqft , 2026-06-18

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
$4,800/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
$200,000
20% conventional investment loan

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

Estimated Gross Rent+$4,800
Principal + Interest−$5,457
Property Tax (~2.1% TX avg)−$1,750
Insurance (~0.5%)−$417
Est. Monthly Cash Flow $-2,824

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 September 20, 2026.

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