Active Listing  ·  110 days on market

2209 South 1st St #330

Austin, TX 78704
$799,900
2 Bed 2 Bath 1,175 sqft $681/sqft Built 2023 0.03 acres 2-Car Garage Pool One Oak Condos

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 $681/sqft, this home is priced 73% above the Austin active market average of $393/sqft, reflecting premium positioning, typically tied to finishes, lot, location, or view. View Austin market report →

Location

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

Property Details

Price $799,900
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 One Oak Condos
County Travis
Zip Code 78704
$/sqft $681/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 ,

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 $849,000
Current ask $799,900
Reduced $111,100 (-12.2%) 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
1709 Drake Ave
Fairview Park
$795,000 $935 2 bd / 1 ba 850 sqft , 2026-09-10
900 S 2nd St #22
Bouldin Court Condos
$814,500 $652 2 bd / 3 ba 1,250 sqft , 2026-04-09
1905 Brackenridge St
Newning & Warners
$825,000 $824 2 bd / 2 ba 1,001 sqft , 2026-09-10
2503 East Side Dr
Sherwood Oaks Sec 03
$769,999 $575 3 bd / 2 ba 1,339 sqft , 2026-09-03
302 Ben Howell Dr
Live Oak Grove Addn
$835,000 $632 3 bd / 2 ba 1,322 sqft , 2026-09-15

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
$3,840/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
$159,980
20% conventional investment loan

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

Estimated Gross Rent+$3,840
Principal + Interest−$4,365
Property Tax (~2.1% TX avg)−$1,400
Insurance (~0.5%)−$333
Est. Monthly Cash Flow $-2,258

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 August 27, 2026.

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