Active Listing  ·  14 days on market

2209 S 1st St #335

Austin, TX 78704
$865,000
2 Bed 2 Bath 1,175 sqft $736/sqft Built 2024 0.03 acres 2-Car Garage Pool New Construction One Oak

Special Financing Opportunity! Take advantage of an interest rate buydown incentive. Contact listing agent for financing details and additional off-market residences.

Welcome to One Oak, where modern luxury meets Austin charm in the heart of Bouldin Creek. Just moments from South Congress and South 1st St, this boutique 105-residence community by Intracorp combines elevated design, exceptional amenities, and effortless city living in one of Austin’s most sought-after neighborhoods.

Residence 335 presents a rare opportunity to own in this premier development as a limited collection of developer-owned residences becomes available for the first time.

This thoughtfully designed third-floor residence offers a spacious two-bedroom layout with a versatile bonus study, perfect for a home office, creative space, or additional storage.

The expansive open-concept living area features a beautifully appointed kitchen with premium Bosch appliances, two-tone cabinetry, an extended pantry cabinet, and a continuous quartz backsplash. Herringbone hardwood flooring adds warmth and sophistication, while oversized windows fill the living and dining spaces with natural light.

A spacious private terrace spans the length of the residence, offering views of the landscaped amenity courtyard and Bouldin Creek, ideal for morning coffee, outdoor dining, or unwinding at the end of the day.

The generous primary suite features a spa-inspired bathroom with dual vanities, a soaking tub, a glass-enclosed walk-in shower, and an expansive walk-in closet with upgraded finish-out. A well-appointed secondary bedroom and full guest bathroom provide comfort and flexibility for guests or everyday living.

Residents enjoy exceptional amenities, including a resort-style infinity-edge pool, indoor and outdoor fitness spaces, co-working lounges, and inviting spaces for gathering and entertaining.

Experience the best of Bouldin Creek living—central, sophisticated, and unmistakably Austin.

At $736/sqft, this home is priced 88% 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 #335, Austin, TX 78704

Property Details

Price $865,000
Status Active Listing
Beds 2
Full Baths 2
Half Baths ,
Living Area 1,175 sqft
Lot Size 0.03 acres (1,145.63 sqft)
Year Built 2024
Garage 2 spaces
Stories ,
Type Residential · Condominium
Subdivision One Oak
County Travis
Zip Code 78704
$/sqft $736/sqft
Days on Market ,
HOA $564/Monthly
Annual Tax Est. $14,529.35
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT249366666
List Date October 9, 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.

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
1801 Travis Heights Blvd
Travis Heights
$875,000 $827 3 bd / 1 ba 1,058 sqft , 2026-01-09
503 E Live Oak St None
Pleasant View Addn
$850,000 $944 3 bd / 1 ba 900 sqft , 2026-08-12
2209 S 1st St #107
One Oak
$849,000 $660 1 bd / 1 ba 1,286 sqft , 2026-04-21
800 W Gibson St
South Heights
$849,000 $636 2 bd / 2 ba 1,335 sqft , 2026-08-14
707 E Live Oak St #2
707 East Live Oak Condos
$885,000 $826 2 bd / 2 ba 1,072 sqft , 2026-10-10

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
$4,152/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
$173,000
20% conventional investment loan

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

Estimated Gross Rent+$4,152
Principal + Interest−$4,721
Property Tax (~2.1% TX avg)−$1,514
Insurance (~0.5%)−$360
Est. Monthly Cash Flow $-2,443

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

More Luxury Homes in Austin

Loading…
View All Luxury Homes →
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 October 21, 2026.

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