Active Listing  ·  53 days on market

1404 Southport Dr #A

Austin, TX 78704
$349,000
2 Bed 2 Bath 1,004 sqft $348/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 $348/sqft, this home is 11% below the Austin active market average of $393/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 $349,000
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 $348/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.

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Price History

How This Ask Has Moved

Original list price versus what this home is asking today. Straight from the ACTRIS MLS feed, no interpretation.

Original ask · July 31, 2026 $365,000
Current ask $349,000
Reduced $16,000 (-4.4%) from original ask

Source: ACTRIS MLS. Price change timestamp reflects the most recent adjustment on record; the feed does not expose intermediate steps between the original ask and today's ask.

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
2505 Thornton Rd #2204
Thornton Trails
$349,000 $475 1 bd / 1 ba 735 sqft , 2026-05-27
4004 Banister Ln #208
Mesa Condos
$349,000 $353 2 bd / 2 ba 989 sqft , 2026-06-01
3600 S Lamar Blvd #215
Greenview On Barton Creek Condo
$349,000 $380 1 bd / 2 ba 919 sqft , 2026-09-11
404 Normandy St
Placidena
$349,900 $335 2 bd / 1 ba 1,046 sqft , 2026-08-20
2216 Thornton Rd #431
Carriage Park Condo
$350,000 $293 1 bd / 1 ba 1,196 sqft , 2026-04-04

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
$1,675/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
$69,800
20% conventional investment loan

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

Estimated Gross Rent+$1,675
Principal + Interest−$1,905
Property Tax (~2.1% TX avg)−$611
Insurance (~0.5%)−$145
Est. Monthly Cash Flow $-986

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 September 20, 2026.

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