Active Listing  ·  5 days on market

1307 Kinney Ave #124

Austin, TX 78704
$400,000
2 Bed 3 Bath 1,101 sqft $363/sqft Built 1984 0.05 acres Pool Ashton Green Condo

Extremely charming 2 bed/2.5 bath condo in a fabulous location, minutes from Zilker Park, Downtown Austin, and tons of excellent restaurants and entertainment. Large windows offer bright light, and built-in bookcases throughout offer storage and add character. The living room is cozy thanks to a fireplace and original wood floors, and the large kitchen offers a breakfast bar, granite countertops, and excellent storage. A convenient half bathroom is located on the first floor, and upstairs features two bedrooms, both with ensuite bathrooms. The condo offers a brand-new water heater (January 2026), and the interior walls, trim, and doors were all painted in 2026. The community offers a lovely pool, and you can enjoy the convenience and views of being just steps away. Two dedicated parking spaces offer practicality and convenience, and the location is only two blocks from South Lamar, and less than a mile to Barton Springs! Come see it today!

At $363/sqft, this home is 7% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1307 Kinney Ave #124, Austin, TX 78704

Property Details

Price $400,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,101 sqft
Lot Size 0.05 acres (2,212.85 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision Ashton Green Condo
County Travis
Zip Code 78704
$/sqft $363/sqft
Days on Market ,
HOA $469/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT243174746
List Date August 19, 2026
Elementary School Zilker
Middle School O Henry
High School Austin
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
2216 Thornton Rd #431
Carriage Park Condo
$399,000 $334 1 bd / 1 ba 1,196 sqft , 2026-04-04
360 Nueces St #1208
Residential Condo Amd 360 (The 360 Tower)
$399,000 $545 1 bd / 1 ba 732 sqft , 2026-06-29
1900 Barton Springs Rd #5037
Zilker Park Residences , Zilkr on the Park Condomi
$399,000 $512 1 bd / 1 ba 780 sqft , 2026-08-19
2215 Post Rd #2084
Travis Oaks Condo Amd
$395,000 $404 2 bd / 2 ba 977 sqft , 2026-08-21
360 Nueces St #1408
Residential Condo Amd 360
$410,000 $560 1 bd / 1 ba 732 sqft , 2026-04-30

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
$1,920/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
$80,000
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,183
Property Tax (~2.1% TX avg)−$700
Insurance (~0.5%)−$167
Est. Monthly Cash Flow $-1,130

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 August 24, 2026.

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