Active Listing  ·  117 days on market

1937 Rue De St. Tropez None #10

Austin, TX 78746
$1,130,000
2 Bed 3 Bath 2,390 sqft $473/sqft Built 1986 0.28 acres Pool Waterfront St. Tropez Condominiums

Tucked within a private, gated enclave in Westlake, The Riviera at St. Tropez offers a rare opportunity to experience Lake Austin living with true lock and leave ease. Located in the highly sought after Eanes ISD and just minutes from downtown Austin, this fully renovated condominium combines lake access, privacy, and low maintenance ownership.

Set within one of the only waterfront condominium communities on Lake Austin, residents enjoy walkable access to boat slips, direct water access, and a quiet, tree covered setting that feels removed while remaining close to everything Westlake offers.

The home has been completely reimagined with a high level of finish throughout. The kitchen features Carrara marble countertops, custom cabinetry, and a full Thermador appliance suite, opening seamlessly to the main living area with abundant natural light and fireplace.

Spanning multiple levels, the layout offers flexibility with multiple living spaces, private bedrooms, and outdoor terraces. The primary suite includes a fireplace and a bathroom finished in imported Italian marble. Additional features include custom closets, built in storage, and a private in home elevator.

This property offers a true lock and leave Lake Austin lifestyle without the maintenance of a single family waterfront home.

Community amenities include a pool, pickleball courts, and basketball court, all within a secure, gated setting just minutes from Westlake dining, shopping, and downtown Austin.

Transferable boat slip lease available with an opportunity to lease for 3+ years.

At $473/sqft, this home is priced 21% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

1937 Rue De St. Tropez None #10, Austin, TX 78746

Property Details

Price $1,130,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 2,390 sqft
Lot Size 0.28 acres (12,022.56 sqft)
Year Built 1986
Garage ,
Stories ,
Type Residential · Condominium
Subdivision St. Tropez Condominiums
County Travis
Zip Code 78746
$/sqft $473/sqft
Days on Market ,
HOA $800/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront Yes
New Construction ,
MLS # ACT225239009
List Date April 9, 2026
Elementary School Bridge Point
Middle School Hill Country
High School Westlake
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 →

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
901 W 9th St #706
Nokonah Condo Amd
$1,125,000 $698 2 bd / 3 ba 1,611 sqft , 2026-02-04
4501 Golf Vista Dr
Overlook At River Place
$1,125,000 $362 3 bd / 3 ba 3,105 sqft , 2026-06-18
5002 Emerald Forest Cir #BLDG 4
Emerald Forest Sec 03
$1,125,000 $513 3 bd / 4 ba 2,195 sqft , 2026-05-19
2611 Oak Crest Ave #A
Oak Ridge Heights Sec 01
$1,135,000 $594 3 bd / 3 ba 1,910 sqft , 2026-04-17
300 Bowie St #1403
Spring Condo Amd
$1,145,000 $679 3 bd / 3 ba 1,687 sqft , 2026-05-30

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
$5,424/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
$226,000
20% conventional investment loan

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

Estimated Gross Rent+$5,424
Principal + Interest−$6,167
Property Tax (~2.1% TX avg)−$1,978
Insurance (~0.5%)−$471
Est. Monthly Cash Flow $-3,192

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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