Active Listing  ·  37 days on market

2101 Rivers Edge Way #29

Austin, TX 78741
$343,000
3 Bed 3 Bath 1,488 sqft $231/sqft Built 2013 0.15 acres 1-Car Garage Pool RIVERSIDE VILLAS AMENDED

INCREDIBLE BUYER INCENTIVES: $5,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $5,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC.

2101 Rivers Edge Way Apt 29 is a two-story Austin home built in 2013, with three bedrooms, two full bathrooms, a half bathroom and 1,488 square feet of living area per property records. Dark kitchen cabinetry, an appliance suite and a breakfast counter face the dining and living spaces. Wood-look flooring runs through the shared rooms, while the bedrooms have carpet. The bathrooms include a tub-and-shower arrangement, and a separate laundry area provides utility space. A small outdoor area sits beside the home, and a one-car attached garage opens to the driveway. The layout separates the upstairs bedrooms from the main gathering rooms. Included 100-Day Home Warranty with buyer activation

At $231/sqft, this home is 41% below the Austin active market average of $390/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

2101 Rivers Edge Way #29, Austin, TX 78741

Property Details

Price $343,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,488 sqft
Lot Size 0.15 acres (6,542.71 sqft)
Year Built 2013
Garage 1 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision RIVERSIDE VILLAS AMENDED
County Travis
Zip Code 78741
$/sqft $231/sqft
Days on Market ,
HOA $180/Monthly
Annual Tax Est. $11,393.91
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT248203737
List Date October 6, 2026
Elementary School Allison
Middle School Martin
High School Eastside Early College
School District Austin ISD

Austin ISD

Allison · Martin · Eastside Early College

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 · October 6, 2026 $365,000
Previous ask $350,000
Current ask $343,000
▼ Reduced $22,000 (-6.0%) 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
1212 Lily Ter #1
Country Club Gardens
$344,900 $217 3 bd / 3 ba 1,591 sqft , 2026-07-29
2101 Rivers Edge Way #32
Riverside Villas
$339,000 $228 3 bd / 3 ba 1,488 sqft , 2026-03-06
6107 Felix Ave
Pitts
$350,000 $280 3 bd / 2 ba 1,252 sqft , 2026-09-30
6711 Cruz St
Chernosky 17
$355,000 $295 3 bd / 3 ba 1,204 sqft , 2026-08-30
1108 Vasquez St
Chernosky 16
$330,000 $258 3 bd / 2 ba 1,280 sqft , 2025-02-26

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
$1,646/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
$68,600
20% conventional investment loan

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

Estimated Gross Rent+$1,646
Principal + Interest−$1,872
Property Tax (assumed ~2.1%)−$600
Insurance (assumed ~0.5%)−$143
Est. Monthly Cash Flow $-969

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 · 41 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. The written content was last updated on November 12, 2026.

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

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