Active Listing  ·  13 days on market

1812 West Ave #404

Austin, TX 78701
$590,000
2 Bed 2 Bath 1,179 sqft $500/sqft Built 2007 0.01 acres 2-Car Garage Pool Park West Condo Residence

Located in highly desirable Park West Residences, this gorgeous 2-bedroom, 2-bath, corner home offers single-level living with no interior steps. Built in 2007 with masonry on all sides, the property features an open-concept layout with abundant natural light with lovely dining and living areas crowned with a private balcony. The modern kitchen includes quartz countertops, center island, breakfast bar, stainless steel appliances, and natural wood cabinetry. Recent updates include a brand new KitchenAid refrigerator, new Samsung induction range, and new garbage disposal. The primary suite offers a walk-in closet, high ceilings, and ceiling fan. The primary bath is rounded off with a oversized soaking tub and modern walk-in shower. The skyline views are simply amazing, and the Central Austin location provides easy access to downtown, dining, shopping, and local parks.

At $500/sqft, this home is priced 27% 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

1812 West Ave #404, Austin, TX 78701

Property Details

Price $590,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,179 sqft
Lot Size 0.01 acres (518.36 sqft)
Year Built 2007
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Park West Condo Residence
County Travis
Zip Code 78701
$/sqft $500/sqft
Days on Market ,
HOA $639/Monthly
Annual Tax Est. $9,833.18
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT246245048
List Date September 9, 2026
Elementary School Bryker Woods
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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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 · September 9, 2026 $595,000
Current ask $590,000
Reduced $5,000 (-0.8%) 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
1801 Lavaca St #6E
Cambridge Condo Amd
$599,000 $463 2 bd / 2 ba 1,294 sqft , 2026-03-31
901 W 9th St #216
Nokonah Condo Amd
$618,000 $662 2 bd / 1 ba 933 sqft , 2026-09-10
1122 Colorado St #1202
Westgate Condo Amd
$560,000 $688 1 bd / 1 ba 814 sqft , 2026-07-30
800 W 5th St #606
Austin City Lofts Amd
$625,000 $538 1 bd / 1 ba 1,161 sqft , 2026-04-29
2905 Rio Grande St
Rio Grande & West 29 5 Condos
$625,000 $739 2 bd / 1 ba 846 sqft , 2026-05-14

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
$2,832/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
$118,000
20% conventional investment loan

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

Estimated Gross Rent+$2,832
Principal + Interest−$3,220
Property Tax (~2.1% TX avg)−$1,033
Insurance (~0.5%)−$246
Est. Monthly Cash Flow $-1,667

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 19, 2026.

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