Active Listing  ·  259 days on market

1827 River Crossing Cir #C

Austin, TX 78741
$245,000
2 Bed 3 Bath 1,100 sqft $223/sqft Built 1984 0.13 acres Pool River Crossing Condo

Welcome to one of the most recently renovated units in the River Crossing Condominiums, ideally located just off downtown on E Riverside Drive and close to Austin-Bergstrom International Airport. This beautifully updated 2-bedroom, 2.5-bath condominium offers approximately 1,100 square feet of thoughtfully designed living space, featuring a full renovation completed in 2021 and an upgraded HVAC system installed in 2023.

The home boasts a spacious living room with a cozy wood-burning fireplace and an updated kitchen equipped with stainless steel appliances, including a refrigerator, dishwasher, and microwave. A washer and dryer are also included. Both bedrooms are generously sized and located upstairs, each offering a private en-suite bath with a walk-in shower and its own private balcony.

Enjoy outdoor living with two private balconies and a fenced backyard, along with the convenience of assigned parking. The HOA provides exceptional value, covering water, sewer, trash, landscaping, and pest control.

Community amenities include a pool, picnic areas, BBQ grills, pet facilities, walking, biking, and jogging trails, common grounds, a recycling center, and high-speed internet with Google Fiber availability. With easy access to major roadways, public transit, Riverside amenities, downtown Austin, and the airport, this move-in ready home presents an excellent opportunity.

At $223/sqft, this home is 43% below the Austin active market average of $392/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

1827 River Crossing Cir #C, Austin, TX 78741

Property Details

Price $245,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,100 sqft
Lot Size 0.13 acres (5,471.14 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision River Crossing Condo
County Travis
Zip Code 78741
$/sqft $223/sqft
Days on Market ,
HOA $363/Monthly
Annual Tax Est. $8,447.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT215456196
List Date January 7, 2026
Elementary School Baty
Middle School Ojeda
High School Del Valle
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 · January 7, 2026 $260,000
Current ask $245,000
Reduced $15,000 (-5.8%) 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
1201 Grove Blvd #702
Boulevard A Condo Amd
$244,900 $247 2 bd / 2 ba 993 sqft , 2026-09-01
6026 Bluebell Cir
Country Club Gardens Sec 07
$261,500 $283 3 bd / 1 ba 925 sqft , 2026-08-21
2450 Wickersham Ln #501
Chamonix Condo Amd
$225,000 $241 2 bd / 1 ba 935 sqft , 2024-07-30
2450 Wickersham Ln #302
Chamonix Condo Amd
$220,000 $208 2 bd / 2 ba 1,060 sqft , 2026-07-23
1101 Grove Blvd #208
Townhomes At Riverside Grove
$280,000 $267 2 bd / 3 ba 1,048 sqft , 2026-06-04

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
$1,176/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
$49,000
20% conventional investment loan

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

Estimated Gross Rent+$1,176
Principal + Interest−$1,337
Property Tax (~2.1% TX avg)−$429
Insurance (~0.5%)−$102
Est. Monthly Cash Flow $-692

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 17, 2026.

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