Active Listing  ·  34 days on market

1615 E 7th St #202

Austin, TX 78702
$375,000
1 Bed 1 Bath 1,000 sqft $375/sqft Built 2016 0.01 acres 1-Car Garage Pool 1615 East 7th Condos

If you've been looking for a place that puts you right in the middle of East Austin, this is it. Located on East 7th Street, this modern 1-bedroom, 1-bath condo delivers the kind of walkable, urban lifestyle that makes this neighborhood one of Austin's most sought-after spots. Coffee shops, restaurants, cocktail bars, live music, and neighborhood favorites are all part of the everyday experience here, with downtown Austin, the Rainey Street District, and the East 6th Street scene just minutes away.

Inside, an open-concept layout keeps things bright and functional, with wood flooring, oversized windows, and a sleek kitchen featuring dark cabinetry, quartz countertops, stainless steel appliances, and an island with room to gather. The living area opens to a private balcony overlooking the neighborhood, giving you a little outdoor space to enjoy the energy of East Austin. The bedroom offers a walk-in closet, while the bathroom goes beyond what you'd expect in a one-bedroom condo with dual sinks, a separate soaking tub, and a spacious glass-enclosed shower.

Step outside and you're surrounded by some of Austin's best local spots, including Suerte, Lazarus Brewing, Whisler's, and the restaurants and nightlife along East 6th and East 7th. Lady Bird Lake, the hike-and-bike trail, and downtown are all close by, making it easy to trade your car keys for a walk or bike ride.

Modern interiors, a private balcony, and an address that puts the best of East Austin at your doorstep. This is city living done right.

At $375/sqft, this home is 4% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1615 E 7th St #202, Austin, TX 78702

Property Details

Price $375,000
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 1,000 sqft
Lot Size 0.01 acres (605.48 sqft)
Year Built 2016
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 1615 East 7th Condos
County Travis
Zip Code 78702
$/sqft $375/sqft
Days on Market ,
HOA $479/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249067801
List Date October 9, 2026
Elementary School Zavala
Middle School Kealing
High School Eastside Early College
School District Austin ISD

Austin ISD

Zavala · Kealing · Eastside Early College

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 · October 9, 2026 $385,000
Current ask $375,000
▼ Reduced $10,000 (-2.6%) 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
2401 E 6th St #1007
Pedernales Condo Amd
$374,000 $314 1 bd / 2 ba 1,190 sqft , 2026-11-03
800 Brazos St #1105
Brazos Place Condo Amd
$380,000 $426 1 bd / 1 ba 891 sqft , 2026-07-08
2220 Webberville Rd #211
Axion East Condos
$365,000 $482 1 bd / 1 ba 758 sqft , 2026-02-16
40 N Interstate 35 None #3B3
Towers Town Lake Condo Amd
$364,900 $283 2 bd / 2 ba 1,288 sqft , 2026-03-03
2124 E 6th St #305
Twentyone24 Condo Amd
$360,000 $433 1 bd / 1 ba 832 sqft , 2026-04-08

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
$1,800/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
$75,000
20% conventional investment loan

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

Estimated Gross Rent+$1,800
Principal + Interest−$2,047
Property Tax (assumed ~2.1%)−$656
Insurance (assumed ~0.5%)−$156
Est. Monthly Cash Flow $-1,059

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 · 41 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. The written content was last updated on November 4, 2026.

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

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