About This Home

Experience East Austin living with stunning downtown views from the rooftop deck. This stylish home features a bright open kitchen, warm wood built-ins, designer finishes, a hidden nook, and a magical yard —all a few minutes walk from the heart of Austin and UT.

At $506/sqft, this home is priced 29% above the Austin active market average of $391/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

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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 1007 East 15th Condominiums

County Travis

Zip Code 78702

$/sqft $506/sqft

Days on Market ,

HOA None / verify with agent

Annual Tax Est. $8,645.91

Pool Yes

Waterfront ,

New Construction Yes

MLS # ACT240204901

List Date July 16, 2026

Elementary School Campbell

Middle School Kealing

High School McCallum

School District ,

Have Questions About This Property?

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

2003 Wilson St #3
J Bouldin Residences $1,000,000 $459 3 bd / 4 ba 2,178 sqft , 2026-04-02

1701 Stanley Ave
Manchaca Estates $1,000,000 $611 4 bd / 2 ba 1,638 sqft , 2026-05-15

2611 East Side Dr
Sherwood Oaks Sec 03 $1,000,000 $502 4 bd / 3 ba 1,993 sqft , 2026-06-19

14456 Agarita Rd
ABS 2345 SUR 530 MOORE W P ACR .594 $999,999 $446 3 bd / 2 ba 2,242 sqft , 2025-10-28

2302 E 9th St
Grandview Place $999,990 $422 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

1007 E 15th St #3

Location

Property Details

Comparable Listings Right Now

Rental Income Potential

Major Employers Near Austin, TX

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