Active Listing  ·  7 days on market

1600 S 1st St #410

Austin, TX 78704
$1,200,000
3 Bed 3 Bath 1,827 sqft $657/sqft Built 2021 0.02 acres 2-Car Garage Pool Bouldin Creek

Welcome to a rare top floor, corner residence that lives like a luxury, single-family home in the heart of Austins most coveted zip codes, 78704. This spacious 3-bedroom, 2.5-bath floor plan spans has been thoughtfully remodeled with bespoke upgrades, including high end bathroom tile, chic light fixtures, a fresh backsplash, designer wallpaper, and new paint throughout. Floor-to-ceiling windows flood the home with natural light, framed by custom drapery that enhances both the city skyline and treetop views of Bouldin. The expansive, wraparound ~540 SF balcony invites you to enjoy morning coffee, sunsets, and effortless entertaining against a stunning backdrop of downtown Austin. Inside, the layout offers the comfort and convenience of a single-family home, featuring a welcoming entry, a powder bath for guests, a huge laundry room, and a walk-in pantry. The primary suite provides a serene retreat with a spa-like bath and a generous walk-in closet, while secondary bedrooms offer flexibility for family, guests, or a home office. Condo comes with two secure garage parking spaces. Perfectly positioned in one of the best locations in 78704, this residence offers a vibrant community just steps from South Congress, Downtown, and Austins most celebrated dining and entertainment.

At $657/sqft, this home is priced 67% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1600 S 1st St #410, Austin, TX 78704

Property Details

Price $1,200,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,827 sqft
Lot Size 0.02 acres (914.76 sqft)
Year Built 2021
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bouldin Creek
County Travis
Zip Code 78704
$/sqft $657/sqft
Days on Market ,
HOA $913/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246790195
List Date September 15, 2026
Elementary School Becker
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
1303 Azie Morton Rd #12
Zilker Terrace Condo
$1,195,000 $578 4 bd / 3 ba 2,068 sqft , 2026-08-20
1004 Juanita None #II
La Perla
$1,195,000 $563 4 bd / 4 ba 2,122 sqft , 2026-09-18
2113 Oxford Ave
Oak Hill Add
$1,185,000 $577 3 bd / 3 ba 2,052 sqft , 2026-06-15
2506 Friar Tuck Ln
Sherwood Oaks Sec 04
$1,175,000 $562 3 bd / 2 ba 2,089 sqft , 2026-08-19
1711 Eva St
Swisher Add
$1,150,000 $821 2 bd / 3 ba 1,400 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
$5,760/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
$240,000
20% conventional investment loan

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

Estimated Gross Rent+$5,760
Principal + Interest−$6,549
Property Tax (~2.1% TX avg)−$2,100
Insurance (~0.5%)−$500
Est. Monthly Cash Flow $-3,389

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 →

Neighborhood Context

About Bouldin Creek

Bouldin Creek is the neighborhood that defines South Austin to most Austinites. Bounded by South Lamar to the west and South First to the east, it sits at the center of South Austin's restaurant and nightlife scene while maintaining the residential feel that makes it so desirable.

The housing stock is predominantly craftsman bungalows and cottages - the kind of homes you'd see on real estate Instagram if it actually showed real neighborhoods. Many have been lovingly renovated while maintaining their character. New construction townhomes and modern infill have appeared, but the neighborhood has enough historic character to absorb them without losing its identity.

South First Corridor

South First Street runs through the neighborhood with a concentration of beloved coffee shops, restaurants, and bars. Jo's Coffee, Home Slice Pizza, and Hopdoddy are all minutes away.

🏡
Bungalow Character

Among Austin's highest concentrations of intact craftsman bungalows. The architecture gives the neighborhood an identity and cohesion that newer areas lack.

🐕
Dog-Friendly

Bouldin Creek is extremely dog-friendly - multiple off-leash areas, dog-friendly patios, and a culture that treats dogs as full community members.

🎸
Music & Nightlife

Walking distance to Emo's, Continental Club, and the entire South Lamar nightlife corridor. Live music is part of the daily soundtrack.

Full Bouldin Creek Guide →

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 16, 2026.

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