Active Listing  ·  237 days on market

1845 River Crossing Cir #A

Austin, TX 78741
$199,000
2 Bed 2 Bath 1,082 sqft $184/sqft Built 1984 0.13 acres Pool River Crossing Condominiums

Rare single-story, end-unit condo with no neighbors above or below, located in the heart of East Riverside. This fully remodeled home is one of a kind in the community and features a unique floorplan with a second private entrance—ideal for a guest suite, home office, or roommate setup.

The stunning kitchen showcases quartz countertops, new cabinetry, and opens seamlessly to the living room with a wood-burning fireplace. Step outside to a charming, picket-fenced private yard just steps from the pool and sand volleyball court.

The condo is part of a beautifully maintained, tree-filled 12-acre community offering a pool, picnic areas, walking trails, and recreational spaces.

Prime location with HEB+ less than a mile away, approximately 10 minutes to downtown Austin or the airport, walking distance to Project Connect’s future light rail, and just blocks from River Park with its first phase projected completion in 2027.

A truly unique opportunity in one of Austin’s fastest-growing corridors. Must see. Owner agent.

At $184/sqft, this home is 53% 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

1845 River Crossing Cir #A, Austin, TX 78741

Property Details

Price $199,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,082 sqft
Lot Size 0.13 acres (5,471.14 sqft)
Year Built 1984
Garage ,
Stories ,
Type Residential · Condominium
Subdivision River Crossing Condominiums
County Travis
Zip Code 78741
$/sqft $184/sqft
Days on Market ,
HOA $362.25/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT217863601
List Date January 29, 2026
Elementary School Allison
Middle School Martin
High School Eastside Early College
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 →

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 29, 2026 $249,000
Previous ask $209,000
Current ask $199,000
Reduced $50,000 (-20.1%) 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
1601 Faro Dr #1404
Chambord Condo Rev 1999
$199,000 $196 2 bd / 2 ba 1,017 sqft , 2026-09-21
4500 E Oltorf St #D410
Monaco Condo Amd
$199,999 $199 2 bd / 2 ba 1,004 sqft , 2026-04-06
4500 E Oltorf St #A120
Monaco Condo
$198,000 $197 2 bd / 2 ba 1,004 sqft , 2026-05-22
1601 Faro Dr #1502
Chambord Condo Rev 1999
$189,925 $211 2 bd / 1 ba 900 sqft , 2026-08-04
4500 E Oltorf St #A-111
Monaco Condo
$189,900 $189 2 bd / 2 ba 1,004 sqft , 2026-03-18

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
$955/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
$39,800
20% conventional investment loan

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

Estimated Gross Rent+$955
Principal + Interest−$1,086
Property Tax (~2.1% TX avg)−$348
Insurance (~0.5%)−$83
Est. Monthly Cash Flow $-562

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 →