Active Listing  ·  208 days on market

1139 1/2 Poquito St #3

Austin, TX 78702
$335,000
2 Bed 2 Bath 624 sqft $537/sqft Built 1950 0.18 acres Pool Chernosky

Tucked into the heart of East Austin, this fully remodeled 2-bed, 1.5-bath condo is one of just four units in a boutique community, offering style, privacy, and walkability in one of Austin’s most desirable neighborhoods. Built in 1950 and thoughtfully renovated in 2020, the home features bright, efficient living space with high ceilings, an updated kitchen, and a walk-in primary closet.

Enjoy a fully fenced private backyard, gated off-street parking, and the option to convey fully furnished and ready to go — ideal for a turnkey lifestyle or investment opportunity. Just steps from East Austin’s best bars, restaurants, and coffee shops, with easy access to Lady Bird Lake, trails, and Downtown.

Whether you’re looking for a lock-and-leave home or a high-demand rental in 78702, this East Austin gem checks all the boxes.

At $537/sqft, this home is priced 37% 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

1139 1/2 Poquito St #3, Austin, TX 78702

Property Details

Price $335,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 624 sqft
Lot Size 0.18 acres (7,753.68 sqft)
Year Built 1950
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Chernosky
County Travis
Zip Code 78702
$/sqft $537/sqft
Days on Market ,
HOA $98/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215574174
List Date January 8, 2026
Elementary School Blackshear
Middle School Kealing
High School Eastside Early College
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
507 Delmar Ave
St Johns Home Add
$335,000 $558 3 bd / 1 ba 600 sqft , 2026-05-05
912 W 22nd St #309
Vanderbilt Condo Amd
$334,900 $420 2 bd / 2 ba 797 sqft , 2026-05-04
4510 Terry O Ln #419
The Station at St Elmo
$339,000 $451 1 bd / 1 ba 752 sqft , 2026-05-15
913 Duncan Ln #203
Monterrey Oaks Condos
$339,000 $484 1 bd / 1 ba 701 sqft , 2026-07-16
912 W 22nd St #208
Vanderbilt Condo Amd
$339,500 $428 2 bd / 2 ba 793 sqft , 2026-05-29

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
$1,608/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
$67,000
20% conventional investment loan

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

Estimated Gross Rent+$1,608
Principal + Interest−$1,828
Property Tax (~2.1% TX avg)−$586
Insurance (~0.5%)−$140
Est. Monthly Cash Flow $-946

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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