Active Listing  ·  99 days on market

1816 Adina St #2

Austin, TX 78721
$452,369
2 Bed 3 Bath 1,070 sqft $423/sqft Built 2021 0.16 acres 1-Car Garage Pool Flournoy & Jones 04 Sec 01
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About This Home

?? SHORT SALE OPPORTUNITY! ??

An incredible chance to own a home in one of Austin’s rapidly growing areas at a potentially unbeatable value.

?? 1816 Adina St #2, Austin, TX 78721

?? 2 Bedrooms

?? 2.5 Bathrooms

?? 1,058 Sq Ft

This modern condo offers a functional layout, spacious living areas, and a prime East Austin location close to dining, entertainment, and downtown conveniences.

Whether you're a first-time buyer, investor, or looking for your next home, this short sale presents a unique opportunity you won't want to miss.

At $423/sqft, this home is priced 8% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1816 Adina St #2, Austin, TX 78721

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Property Details

Price $452,369
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,070 sqft
Lot Size 0.16 acres (7,013.16 sqft)
Year Built 2021
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Flournoy & Jones 04 Sec 01
County Travis
Zip Code 78721
$/sqft $423/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $5,843
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT229908199
List Date May 15, 2026
Elementary School Sims
Middle School Martin
High School Eastside Early College
School District ,

Have Questions About This Property?

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 · May 15, 2026 $474,369
Previous ask $463,369
Current ask $452,369
▼ Reduced $22,000 (-4.6%) 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
1167 Springdale Rd
Carter William $450,000 $540 1 bd / 1 ba 834 sqft , 2026-02-14
1301 Webberville Rd #2
1301 Webberville Road Condos $450,000 $322 2 bd / 3 ba 1,399 sqft , 2026-05-06
1719 Meander Dr
Oak Lawn Sec 02 $449,500 $450 3 bd / 1 ba 1,000 sqft , 2026-02-07
1123 Omega Ave #1
Omega Condos $449,000 $468 2 bd / 3 ba 960 sqft , 2026-07-23
4127 E 12th St #5
The Sexton at Springdale $456,000 $316 3 bd / 3 ba 1,444 sqft , 2025-06-02

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
$2,171/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
$90,474
20% conventional investment loan

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

Estimated Gross Rent+$2,171
Principal + Interest−$2,469
Property Tax (~2.1% TX avg)−$792
Insurance (~0.5%)−$188
Est. Monthly Cash Flow $-1,278

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 August 4, 2026.

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