Active Listing  ·  161 days on market

2209 S 1st St #220

Austin, TX 78704
$464,999
1 Bed 1 Bath 819 sqft $568/sqft Built 2023 0.02 acres 1-Car Garage Pool One Oak Condos

Residence 220 at One Oak offers a refined take on urban living in the heart of Bouldin Creek, just minutes from South Congress and South 1st Street. Developed by Intracorp, this boutique 105-residence community blends clean modern design with the character and energy that define one of Austin’s most desirable neighborhoods. Positioned to face South 1st Street, Residence 220 enjoys an especially connected setting, with quick stair access down to the shops, dining, and everyday activity that make the corridor so vibrant.

Inside, the one-bedroom floor plan lives larger than expected, with an open, light-filled layout designed for both daily comfort and effortless entertaining. The Italkraft kitchen anchors the space, featuring premium stainless steel appliances, sleek cabinetry, and an oversized island that flows naturally into the living and dining areas. Sliding doors open to a private covered terrace—an ideal setting for morning coffee or winding down in the evening.

The spacious primary suite is thoughtfully scaled to accommodate more than just rest, offering flexibility for a work-from-home setup, reading nook, or fitness space. A spa-inspired bath with dual vanities, a frameless glass shower, and an expansive walk-in closet completes the retreat. Finished in One Oak’s exclusive Classic design package, the interiors balance timeless materials with a contemporary edge.

Residents enjoy a full suite of amenities curated for both relaxation and productivity, including a resort-style infinity-edge pool with cabanas, indoor and outdoor fitness spaces, co-working lounges, and stylish gathering areas. Residence 220 presents an opportunity to own in one of Bouldin Creek’s premier addresses—walkable, design-forward, and distinctly Austin.

At $568/sqft, this home is priced 45% above the Austin active market average of $392/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

2209 S 1st St #220, Austin, TX 78704

Property Details

Price $464,999
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 Condos
County Travis
Zip Code 78704
$/sqft $568/sqft
Days on Market ,
HOA $316/Monthly
Annual Tax Est. $12,040.66
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT218774427
List Date March 16, 2026
Elementary School Travis Hts
Middle School Lively
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
1307 Kinney Ave #140
Ashton Green Condo
$470,000 $427 2 bd / 3 ba 1,101 sqft , 2026-08-10
2209 S 1st St #223
Bouldin
$459,000 $560 1 bd / 1 ba 819 sqft , 2026-06-19
2209 S 1st St #332
One Oak Condominiums
$479,000 $585 1 bd / 1 ba 819 sqft , 2026-05-21
703 Herndon Ln
Oak Ridge Heights Sec 01
$447,777 $427 2 bd / 1 ba 1,048 sqft , 2026-04-01
3015 Burning Oak Dr #2
LIGHTSEY TOWNHOME CONDOMINIMS
$498,000 $476 2 bd / 2 ba 1,046 sqft , 2026-07-07

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
$2,232/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
$93,000
20% conventional investment loan

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

Estimated Gross Rent+$2,232
Principal + Interest−$2,538
Property Tax (~2.1% TX avg)−$814
Insurance (~0.5%)−$194
Est. Monthly Cash Flow $-1,314

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 · 30 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. This page was last updated on June 19, 2026.

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