Active Listing  ·  19 days on market

1104 E 2nd St #2

Austin, TX 78702
$650,000
2 Bed 3 Bath 1,145 sqft $568/sqft Built 2018 0.09 acres 1-Car Garage Pool 1104 East 2nd Street Condominiums

Modern East Side Living Just Steps from Downtown!

Discover the best of Austin living in this stylish, modern B-unit at 1104 E 2nd Street. Built in 2018, this turnkey 2-bedroom, 2.5-bath residence blends contemporary design with warm, inviting finishes, featuring a mix of concrete, wood, and tile for an effortlessly cool aesthetic. Enjoy city views and an unbeatable location just steps from downtown, where Austin’s vibrant dining, entertainment, and nightlife are right at your doorstep.

Privately fenced outdoor spaces add a welcome touch of charm, with a cute front yard for morning coffee and an efficient backyard retreat perfect for enjoying the outdoors with minimal upkeep. Convenient alley access adds to the property’s thoughtful urban design. Modern, low-maintenance, and move-in ready, this is an exceptional opportunity to enjoy the energy of the East Side with the comforts of a private home. Whether you’re looking for a stylish primary residence or a lock-and-leave urban retreat, this one puts you right where you want to be.

At $568/sqft, this home is priced 46% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1104 E 2nd St #2, Austin, TX 78702

Property Details

Price $650,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,145 sqft
Lot Size 0.09 acres (3,763.58 sqft)
Year Built 2018
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 1104 East 2nd Street Condominiums
County Travis
Zip Code 78702
$/sqft $568/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $11,025.79
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT250743987
List Date October 24, 2026
Elementary School Sanchez
Middle School Martin
High School Austin
School District Austin ISD

Austin ISD

Sanchez · Martin · Austin

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
48 East Ave #2004
Natiivo
$650,000 $728 1 bd / 1 ba 893 sqft , 2025-10-03
800 Embassy Dr #319
Tyndall at Robertson Hill
$650,000 $461 2 bd / 2 ba 1,411 sqft , 2026-07-03
1702 Willow St
Riverside
$650,000 $749 2 bd / 1 ba 868 sqft , 2026-09-02
1708 Canterbury St #B
Riverside
$649,999 $591 2 bd / 3 ba 1,100 sqft , 2026-09-22
603 Davis St #2009
Shore A Condo Amd The
$640,000 $498 2 bd / 2 ba 1,286 sqft , 2026-10-30

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
$3,120/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
$130,000
20% conventional investment loan

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

Estimated Gross Rent+$3,120
Principal + Interest−$3,547
Property Tax (assumed ~2.1%)−$1,138
Insurance (assumed ~0.5%)−$271
Est. Monthly Cash Flow $-1,836

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 · 41 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. The written content was last updated on October 27, 2026.

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

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