Active Listing  ·  4 days on market

1404 Southport Dr #A

Austin, TX 78704
$365,000
2 Bed 2 Bath 1,004 sqft $364/sqft Built 1973 0.11 acres Pool 1404 Southport Drive Condomini

Live the 78704 lifestyle from this updated two-bedroom, one-and-a-half-bath home, ideally located near the energy of South Lamar. One side of a duplex, the residence offers comfortable, low-maintenance living with the privacy and outdoor space that can be difficult to find this close to the city.

Inside, a fireplace creates a welcoming focal point, while thoughtful updates make the home feel fresh and move-in ready. The exceptionally spacious private yard offers plenty of room for entertaining, gardening, pets or simply relaxing outdoors. Additional conveniences include outdoor storage and two dedicated off-street parking spaces.

The HOA fee provides excellent value and covers lawn care, water, sewer, trash and insurance on the structure. Enjoy easy access to South Lamar’s popular restaurants, coffee shops, fitness studios, entertainment and local favorites, with downtown Austin, Zilker Park, Barton Springs and the best of 78704 just minutes away. A rare opportunity to enjoy space, convenience and an effortlessly connected Austin lifestyle.

At $364/sqft, this home is 7% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1404 Southport Dr #A, Austin, TX 78704

Property Details

Price $365,000
Status Active Listing
Beds 2
Full Baths 1
Half Baths 1
Living Area 1,004 sqft
Lot Size 0.11 acres (4,682.7 sqft)
Year Built 1973
Garage ,
Stories ,
Type Residential · Condominium
Subdivision 1404 Southport Drive Condomini
County Travis
Zip Code 78704
$/sqft $364/sqft
Days on Market ,
HOA $200/Monthly
Annual Tax Est. $10,718.75
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241760418
List Date July 31, 2026
Elementary School Galindo
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
2220 Webberville Rd #211
Axion East Condos
$365,000 $482 1 bd / 1 ba 758 sqft , 2026-02-16
8200 Neely Dr #229
Neelys Canyon Condo Amd
$365,000 $303 2 bd / 2 ba 1,203 sqft , 2025-08-01
2529 Rio Grande St #56
Orange Tree Condominium
$365,000 $403 2 bd / 1 ba 906 sqft , 2026-03-15
8200 Neely Dr #154
Neelys Canyon Condo Amd
$365,000 $319 2 bd / 2 ba 1,144 sqft , 2026-05-12
2656 Piping Rock Trl
Tanglewood Forest Sec 02 Ph C
$365,000 $284 3 bd / 3 ba 1,284 sqft , 2026-06-01

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
$1,752/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
$73,000
20% conventional investment loan

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

Estimated Gross Rent+$1,752
Principal + Interest−$1,992
Property Tax (~2.1% TX avg)−$639
Insurance (~0.5%)−$152
Est. Monthly Cash Flow $-1,031

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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