Active Listing  ·  104 days on market

2101 Rivers Edge Way #3

Austin, TX 78741
$369,900
3 Bed 3 Bath 1,399 sqft $264/sqft Built 2013 0.15 acres 2-Car Garage Pool Riverside Villas Amd

Welcome home to this gorgeous residence nestled within the gated Riverside Villa community, offering an ideal blend of privacy and convenience. Unlike most available units featuring a single-car garage, this home boasts an oversized 2-car garage with epoxy flooring, ample storage, and room for a home gym, workshop, or flex space.

Inside, soaring ceilings and an open-concept layout filled with natural light create a bright, airy atmosphere. A beautifully appointed kitchen overlooks the living area and showcases gorgeous stone countertops. All appliances convey, including the refrigerator, washer, and dryer. Recent updates include luxury vinyl flooring throughout the main level and all toilets replaced in 2023. The main-level primary suite offers a peaceful escape and features a well-appointed bathroom with dual vanities and a soaking tub.

Step outside to an expansive backyard shaded by lush, mature trees, where a beautiful custom-built deck creates an inviting setting for entertaining or unwinding. With fresh sod installed in 2025 and a peaceful, tree-lined backdrop, this outdoor space offers a beautiful extension of the home, perfect for enjoying the outdoors.

Freshly repainted and impeccably maintained, this home is minutes from Downtown Austin, The University of Texas, and Oracle's campus, with convenient access to Austin-Bergstrom International Airport, I-35, Highway 183, and Ben White Boulevard. The HOA handles all yard and landscaping maintenance, offering effortless, lock-and-leave living.

**Information contained herein is deemed reliable but not guaranteed and is provided for informational purposes only. Buyer and buyer's agent are solely responsible for independently verifying all information, facts, and measurements.**

At $264/sqft, this home is 32% 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 #3, Austin, TX 78741

Property Details

Price $369,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,399 sqft
Lot Size 0.15 acres (6,542.71 sqft)
Year Built 2013
Garage 2 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Riverside Villas Amd
County Travis
Zip Code 78741
$/sqft $264/sqft
Days on Market ,
HOA $180/Monthly
Annual Tax Est. $11,073.43
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT241899713
List Date July 31, 2026
Elementary School Baty
Middle School Ojeda
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Baty · Ojeda · Del Valle

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 · July 31, 2026 $387,000
Previous ask $387,500
Current ask $369,900
▼ Reduced $17,100 (-4.4%) 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
6711 Cruz St
Chernosky 17
$355,000 $295 3 bd / 3 ba 1,204 sqft , 2026-08-30
6107 Felix Ave
Pitts
$350,000 $280 3 bd / 2 ba 1,252 sqft , 2026-09-30
1212 Lily Ter #1
Country Club Gardens
$344,900 $217 3 bd / 3 ba 1,591 sqft , 2026-07-29
2101 Rivers Edge Way #29
RIVERSIDE VILLAS AMENDED
$343,000 $231 3 bd / 3 ba 1,488 sqft , 2026-10-06
2204 Hermia St #34
Eastwood/Riverside Ii Condos
$399,900 $232 3 bd / 3 ba 1,723 sqft , 2026-10-27

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
$1,776/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
$73,980
20% conventional investment loan

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

Estimated Gross Rent+$1,776
Principal + Interest−$2,019
Property Tax (assumed ~2.1%)−$647
Insurance (assumed ~0.5%)−$154
Est. Monthly Cash Flow $-1,044

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 October 23, 2026.

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

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