Active Listing  ·  35 days on market

2121 S Congress Ave #402

Austin, TX 78704
$1,525,000
3 Bed 3 Bath 1,622 sqft $940/sqft Built 2028 2-Car Garage Pool New Construction Travis Heights

Discover a new way to live on South Congress at Leland, a thoughtfully curated condominium community by acclaimed developer Intracorp. Residence 402, part of the Congress Collection, offers a spacious 1,498-square-foot layout with three bedrooms and three bathrooms, plus 166 square feet of private outdoor space.

At Leland, home extends beyond your front door. Enjoy more than 35,000 square feet of amenities, including a resort-style pool overlooking downtown Austin, a fitness center, an infrared sauna, a wellness lounge, a private dining room with a chef’s kitchen, an owner’s bar, coworking lounges, private offices, and outdoor gathering spaces. A staffed concierge, dog park, and grooming studio add comfort and convenience to everyday life.

Step outside to discover South Congress’s celebrated restaurants, eclectic boutiques, neighborhood coffee shops, live music, and unmistakable creative energy. Whether you’re enjoying a quiet morning at home or exploring the Avenue, Leland places you in the heart of it all.

More than a residence, Leland is an opportunity to own a piece of one of Austin’s most iconic neighborhoods. Schedule a private appointment at the Leland Sales Lounge and discover what makes this community so special.

At $940/sqft, this home is priced 141% above the Austin active market average of $390/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2121 S Congress Ave #402, Austin, TX 78704

Property Details

Price $1,525,000
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,622 sqft
Lot Size ,
Year Built 2028
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Travis Heights
County Travis
Zip Code 78704
$/sqft $940/sqft
Days on Market ,
HOA $1,135/Monthly
Annual Tax Est. $24,602.4
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT249184146
List Date October 8, 2026
Elementary School Travis Hts
Middle School Lively
High School Austin
School District Austin ISD

Austin ISD

Travis Hts · Lively · Austin

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
44 East Ave #4305
44 East Ave
$1,590,000 $997 3 bd / 3 ba 1,594 sqft , 2026-07-10
901 Bouldin Ave #A
901 Bouldin Condo
$1,425,000 $770 3 bd / 3 ba 1,850 sqft , 2026-09-30
44 East Ave #3402
44 EAST AVE CONDIMINIUMS
$1,425,000 $1,028 2 bd / 2 ba 1,386 sqft , 2026-11-05
707 E Live Oak St #1
Travis Heights
$1,399,000 $647 4 bd / 4 ba 2,161 sqft , 2026-07-16
1607 Kenwood Ave
Travis Heights
$1,750,000 $1,133 3 bd / 2 ba 1,545 sqft , 2026-11-05

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
$7,320/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
$305,000
20% conventional investment loan

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

Estimated Gross Rent+$7,320
Principal + Interest−$8,323
Property Tax (assumed ~2.1%)−$2,669
Insurance (assumed ~0.5%)−$635
Est. Monthly Cash Flow $-4,307

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 →

Neighborhood Context

About Travis Heights

Travis Heights is the neighborhood that South Austin residents fight over. Perched on hilly terrain south of the river between South Congress and Congress Avenue, it combines the best of South Austin's character - eclectic homes, mature trees, creative energy - with genuine walkability to one of Austin's best commercial corridors.

The streets roll up and down in a way that's unusual for Austin, creating sightlines and privacy that flat neighborhoods can't offer. Homes here range from original craftsman bungalows and Victorian cottages to architecturally significant modern builds taking advantage of the topography.

🛍️
South Congress Access

Walking distance to the South Congress corridor - Austin's most eclectic commercial street, with restaurants, bars, boutiques, and the Continental Club.

🌳
Mature Tree Cover

Some of the best tree canopy in South Austin. The hilly terrain means homes have natural privacy from the street and each other.

🏊
Big Stacy Park

Neighborhood park with a spring-fed swimming pool, tennis courts, and playground - a true community asset that's a short walk for most residents.

🏘️
Neighborhood Character

Architecture ranges from 1910 craftsman bungalows to striking modern infill. The variety is part of the appeal - no two blocks look the same.

Full Travis Heights Guide →

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 9, 2026.

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

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