Active Listing  ·  161 days on market

2209 S 1st St #330

Austin, TX 78704
$699,000
2 Bed 2 Bath 1,175 sqft $595/sqft Built 2023 0.03 acres 2-Car Garage Pool Bouldin

Nearly new and barely lived in, this condo was owner-occupied for just one year. All appliances convey, including the stackable washer and dryer. Residence 330 is one of the best-positioned condos in One Oak, offering a rare combination of privacy, views, natural light, and thoughtful upgrades. Perfectly situated in Austin’s vibrant Bouldin Creek neighborhood, One Oak is a highly desirable 105-residence development by Intracorp, designed for modern urban living.

This third-floor residence features an ideal 2-bedroom layout plus a versatile study/home office, creating valuable extra space for today’s lifestyle. The open-concept kitchen includes Italkraft cabinetry, Bosch appliances, generous storage, and flows seamlessly into the spacious living area with oversized windows and abundant natural light.

A covered private patio spans the length of the residence and offers one of the best views in the complex, overlooking the amenity courtyard, creek, and manicured path. The large primary suite provides room for a reading nook, fitness area, or additional seating, and includes a true five-fixture bath with dual vanity, soaking tub, walk-in glass shower, and a custom California Closets build-out.

Additional features include One Oak’s exclusive Dramatic design scheme with two-tone cabinetry, custom blinds on all windows, designer finishes, controlled access, and two assigned parking spaces in the access-controlled garage.

One Oak offers exceptional amenities, including an infinity-edge pool with cabanas, indoor and outdoor fitness areas, multiple lounges, co-working and meeting spaces, and beautifully designed outdoor gathering areas.

At $595/sqft, this home is priced 53% 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

2209 S 1st St #330, Austin, TX 78704

Property Details

Price $699,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,175 sqft
Lot Size 0.03 acres (1,132.56 sqft)
Year Built 2023
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision Bouldin
County Travis
Zip Code 78704
$/sqft $595/sqft
Days on Market ,
HOA $517/Monthly
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT232631759
List Date June 4, 2026
Elementary School Travis Hts
Middle School Lively
High School Travis
School District Austin ISD

Austin ISD

Travis Hts · Lively · Travis

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 · June 4, 2026 $911,000
Previous ask $749,900
Current ask $699,000
▼ Reduced $212,000 (-23.3%) 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
2207 Euclid Ave
La Prelle Place
$699,000 $466 3 bd / 2 ba 1,500 sqft , 2026-09-20
2510 Little John Ln
Sherwood Oaks Sec 03
$699,999 $503 3 bd / 2 ba 1,393 sqft , 2026-04-10
1401 Eva St #206
04 Flats Condo Amd
$699,999 $720 2 bd / 2 ba 972 sqft , 2026-09-08
2209 S 1st St #309
Bouldin
$689,000 $646 2 bd / 2 ba 1,066 sqft , 2026-10-23
2805 S 5th St
Oak Ridge Heights Sec 03
$685,000 $585 2 bd / 1 ba 1,170 sqft , 2025-10-10

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
$3,355/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
$139,800
20% conventional investment loan

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

Estimated Gross Rent+$3,355
Principal + Interest−$3,815
Property Tax (assumed ~2.1%)−$1,223
Insurance (assumed ~0.5%)−$291
Est. Monthly Cash Flow $-1,974

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 Bouldin Creek

Bouldin Creek is the neighborhood that defines South Austin to most Austinites. Bounded by South Lamar to the west and South First to the east, it sits at the center of South Austin's restaurant and nightlife scene while maintaining the residential feel that makes it so desirable.

The housing stock is predominantly craftsman bungalows and cottages - the kind of homes you'd see on real estate Instagram if it actually showed real neighborhoods. Many have been lovingly renovated while maintaining their character. New construction townhomes and modern infill have appeared, but the neighborhood has enough historic character to absorb them without losing its identity.

☕
South First Corridor

South First Street runs through the neighborhood with a concentration of beloved coffee shops, restaurants, and bars. Jo's Coffee, Home Slice Pizza, and Hopdoddy are all minutes away.

🏡
Bungalow Character

Among Austin's highest concentrations of intact craftsman bungalows. The architecture gives the neighborhood an identity and cohesion that newer areas lack.

🐕
Dog-Friendly

Bouldin Creek is extremely dog-friendly - multiple off-leash areas, dog-friendly patios, and a culture that treats dogs as full community members.

🎸
Music & Nightlife

Walking distance to Emo's, Continental Club, and the entire South Lamar nightlife corridor. Live music is part of the daily soundtrack.

Full Bouldin Creek 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 23, 2026.

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

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