Active Listing  ·  190 days on market

1304 Summit St #101

Austin, TX 78741
$299,000
2 Bed 1 Bath 764 sqft $391/sqft Built 1968 0.03 acres Pool Sunnyvale Villas A Condo

Looking for sleek 2-bedroom, 1-bath condo 2 minutes from DT Austin? This one checks all the boxes. Ideally located just blocks from Town Lake, the Boardwalk, Riverside Dog Park, and multiple shuttle routes, including UT and airport shuttles, this home offers unbeatable access to downtown living, outdoor recreation, and commuting convenience. Enjoy a peaceful, shaded community surrounded by mature oak trees, featuring a community swimming pool, laundry room, security system, and reserved parking. Pet-friendly and bikeable to downtown, this condo blends comfort, convenience, and location in one desirable package. Recent upgrades include Custom Kitchen Cabinets, recent SS appliances, wood flooring, paint, fixtures and more. Call David today and set up a private tour! This condo home is an affordable MUST-SEE!

At $391/sqft, this home is priced in line with the Austin market average of $391/sqft across 4,647 active listings. View Austin market report →

Location

1304 Summit St #101, Austin, TX 78741

Property Details

Price $299,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths ,
Living Area 764 sqft
Lot Size 0.03 acres (1,219.68 sqft)
Year Built 1968
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Sunnyvale Villas A Condo
County Travis
Zip Code 78741
$/sqft $391/sqft
Days on Market ,
HOA $338/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217349441
List Date January 26, 2026
Elementary School Travis Hts
Middle School Lively
High School Travis
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
1910 Robbins Pl #105
Robbins Place Condo Amd
$299,000 $298 2 bd / 2 ba 1,005 sqft , 2026-01-28
5704 Cedardale Dr
Flournoys Sweetbriar Sec 04
$299,000 $311 3 bd / 1 ba 962 sqft , 2025-11-18
2505 Thornton Rd #2211
Thornton Trails
$299,000 $401 1 bd / 1 ba 745 sqft , 2026-02-25
2409 Leon St #201
Stoneleigh Condo
$299,000 $393 2 bd / 2 ba 761 sqft , 2026-06-10
800 Embassy Dr #305
The Tyndall at Robertson Hill
$299,000 $534 1 bd / 1 ba 560 sqft , 2026-07-08

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
$1,435/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
$59,800
20% conventional investment loan

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

Estimated Gross Rent+$1,435
Principal + Interest−$1,632
Property Tax (~2.1% TX avg)−$523
Insurance (~0.5%)−$125
Est. Monthly Cash Flow $-845

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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