Active Listing  ·  214 days on market

2002 Glen Allen St #104

Austin, TX 78704
$599,900
2 Bed 3 Bath 1,858 sqft $323/sqft Built 2016 0.06 acres 1-Car Garage Pool Glen Allen Condos

**Also listed for rent - $3750/month** Tucked just off South Lamar in the coveted 78704, this sleek three-story residence at 2002 Glen Allen #104 offers a refined balance of privacy, design, and location. Built in 2016, the contemporary 2-bedroom, 2.5-bath condo spans three beautifully curated levels, complemented by multiple flex spaces ideal for today’s lifestyle. The entry level welcomes you with a private guest suite featuring a full bath, along with a versatile bonus space perfect for a home office, gym, or creative studio. The main living level is designed for effortless living and entertaining, showcasing an open-concept layout, generous living area, balcony access, a conveniently placed powder room, and an impressively sized walk-in pantry. Upstairs, the primary suite is a true sanctuary—complete with a private balcony nestled among a stunning Live Oak, a spa-inspired walk-in shower, double vanity, dual walk-in closets, and an additional flex space ideal for a sitting area or workspace.

Located within an intimate community of just eight residences, this home delivers a quiet, exclusive feel while remaining moments from the energy of South Austin. A private one-car garage adds rare convenience, and the secured entry gate provides peace of mind. Step outside and enjoy the best of the 78704 lifestyle, with local favorites like Matt’s El Rancho, Amy’s Ice Cream, and Radio Coffee all within walking distance. Just minutes from downtown Austin, Zilker Park, and the city’s top dining, music, and outdoor destinations, this home places you perfectly at the center of it all—without sacrificing privacy or comfort. For more info, go to: https://wkf.ms/4jzlO36

At $323/sqft, this home is 17% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2002 Glen Allen St #104, Austin, TX 78704

Property Details

Price $599,900
Status Active Listing
Beds 2
Full Baths 2
Half Baths 1
Living Area 1,858 sqft
Lot Size 0.06 acres (2,548.26 sqft)
Year Built 2016
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision Glen Allen Condos
County Travis
Zip Code 78704
$/sqft $323/sqft
Days on Market ,
HOA $389/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT214450371
List Date January 2, 2026
Elementary School Zilker
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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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
15016 Thatcher Dr
Davis Spring
$599,900 $241 3 bd / 3 ba 2,492 sqft , 2026-03-20
3305 Santa Monica Dr
Santa Monica Park
$599,900 $267 3 bd / 3 ba 2,243 sqft , 2026-03-12
3207 Carol Ann Dr
Walnut Hills Sec 05
$599,900 $435 3 bd / 2 ba 1,380 sqft , 2026-05-21
5105 Cornflower Dr
Greyrock Ridge Ph 2
$599,900 $345 3 bd / 2 ba 1,737 sqft , 2026-06-06
8708 Cretys Cv
Cherry Creek Sec 09-A
$599,900 $325 3 bd / 3 ba 1,848 sqft , 2026-06-28

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
$2,880/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
$119,980
20% conventional investment loan

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

Estimated Gross Rent+$2,880
Principal + Interest−$3,274
Property Tax (~2.1% TX avg)−$1,050
Insurance (~0.5%)−$250
Est. Monthly Cash Flow $-1,694

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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