Active Listing  ·  16 days on market

2204 Hermia St #34

Austin, TX 78741
$399,900
3 Bed 3 Bath 1,723 sqft $232/sqft Built 2018 0.15 acres 2-Car Garage Pool Eastwood/Riverside Ii Condos

Financing incentive available!

Situated in the gated Eastwood at Riverside II Condominiums, 2204 Hermia Street blends single-family privacy with low-maintenance living. Built in 2018, this modern, energy-efficient home features a light-filled two-story layout with 3 bedrooms, 2.5 bathrooms, an attached two-car garage, and a rare main-floor primary suite.

The Interior

Loaded with extras, the open-concept design boasts high ceilings, expansive windows, and hardwood flooring throughout. The kitchen is outfitted with a center island, white shaker cabinetry, granite counters, subway tile backsplashes, gas cooking, and linen-wrapped pendant lighting. The main-level primary suite delivers single-story convenience with two generous closets (1 walk-in) with custom Elfa storage systems. Upstairs, secondary bedrooms readily serve as a home office, creative studio, or guest quarters complete with a Murphy bed, built-in bookshelves and custom closets.

Outdoor Retreat

Step outside to a private backyard retreat featuring a custom pergola, landscaped composite deck, and a fenced grass yard ideal for morning coffee, weekend cookouts, and pets.

Neighborhood Hotspots & Transit

Live minutes from premier East Austin recreation and culture:

Parks & Trails: Direct access to Roy G. Guerrero Colorado River Park, Secret Beach, Country Club Creek Trail, and Lady Bird Lake Hike-and-Bike Trail for morning runs, kayaking, and paddleboarding.

Dining & Recreation: Near Riverside Golf Course and East Riverside staples like The Buzz Mill, Black Rock Coffee, and DeNada happy hours, with quick access to Rainey Street, South Congress, and Downtown Austin.

Effortless Transit: Swift access to Highway 71, US-183, and I-35 places Downtown Austin, Austin-Bergstrom International Airport, Oracle, and the future Dogshead Amazon campus within a 10-minute drive.

Residents enjoy controlled entry, association-maintained common grounds, and turnkey peace of mind.

At $232/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

2204 Hermia St #34, Austin, TX 78741

Property Details

Price $399,900
Status Active Listing
Beds 3
Full Baths 2
Half Baths 1
Living Area 1,723 sqft
Lot Size 0.15 acres (6,555.78 sqft)
Year Built 2018
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Eastwood/Riverside Ii Condos
County Travis
Zip Code 78741
$/sqft $232/sqft
Days on Market ,
HOA $190/Monthly
Annual Tax Est. $5,852.93
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT249273909
List Date October 27, 2026
Elementary School Hillcrest
Middle School Dailey
High School Del Valle
School District Del Valle ISD

Del Valle ISD

Hillcrest · Dailey · 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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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
7205 Lysander Ct
Eastwood at Riverside
$425,000 $195 4 bd / 3 ba 2,185 sqft , 2026-09-04
2309 Montopolis Dr #9
Delvalle S
$425,000 $226 3 bd / 4 ba 1,882 sqft , 2026-10-16
7209 Bassett Ct
The Eastwood at Riverside
$370,000 $165 3 bd / 4 ba 2,236 sqft , 2026-05-20
2101 Rivers Edge Way #3
Riverside Villas Amd
$369,900 $264 3 bd / 3 ba 1,399 sqft , 2026-07-31
1428 Poppy Seed Ln
Riverside Meadows Sec 01
$369,000 $177 4 bd / 3 ba 2,088 sqft , 2026-06-19

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
$1,920/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
$79,980
20% conventional investment loan

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

Estimated Gross Rent+$1,920
Principal + Interest−$2,182
Property Tax (assumed ~2.1%)−$700
Insurance (assumed ~0.5%)−$167
Est. Monthly Cash Flow $-1,129

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 28, 2026.

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

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