Active Listing  ·  208 days on market

2209 S 1st St #113

Austin, TX 78704
$524,500
1 Bed 1 Bath 819 sqft $640/sqft Built 2023 0.02 acres 1-Car Garage Pool One Oak Condominiums

Experience the ideal combination of luxury and convenience at One Oak Condominiums. This exceptional residence features a rare end-unit private yard with direct creek views, creating a peaceful setting for relaxing or entertaining. Inside, premium finishes and sophisticated design define the space, complemented by a thoughtfully designed floor plan with a spacious primary suite and a versatile second flex room—perfect for a home office, guest retreat, or creative studio. Recently completed, One Oak showcases outstanding craftsmanship in one of Austin’s most desirable locations. High-end features include Bosch appliances, Kohler fixtures, Italkraft cabinetry, Levolor top-down/bottom-up cellular shades, and more. Don't miss this opportunity to make this remarkable residence your next home.

At $640/sqft, this home is priced 64% above the Austin active market average of $391/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2209 S 1st St #113, Austin, TX 78704

Property Details

Price $524,500
Status Active Listing
Beds 1
Full Baths 1
Half Baths ,
Living Area 819 sqft
Lot Size 0.02 acres (801.5 sqft)
Year Built 2023
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision One Oak Condominiums
County Travis
Zip Code 78704
$/sqft $640/sqft
Days on Market ,
HOA $336/Monthly
Annual Tax Est. $11,654.26
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT213209041
List Date January 8, 2026
Elementary School Travis Hts
Middle School Travis
High School Travis
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
1527 Madison Ave #B
1527 Madison Condo
$524,988 $626 2 bd / 3 ba 839 sqft , 2026-07-31
1312 E M Franklin Ave #2
Division B
$525,000 $485 2 bd / 3 ba 1,083 sqft , 2026-06-01
3906 Becker Ave
Country Club Heights
$525,000 $557 2 bd / 1 ba 943 sqft , 2026-06-15
3409 Neal St #2
3409 NEAL CONDOMINIUMS
$525,000 $481 2 bd / 3 ba 1,092 sqft , 2026-06-16
48 East Ave #1705
NATIIVO Zoppp Add
$520,000 $694 1 bd / 1 ba 749 sqft , 2025-04-04

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
$2,518/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
$104,900
20% conventional investment loan

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

Estimated Gross Rent+$2,518
Principal + Interest−$2,862
Property Tax (~2.1% TX avg)−$918
Insurance (~0.5%)−$219
Est. Monthly Cash Flow $-1,481

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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