Active Listing  ·  26 days on market

2214 Garden St #1

Austin, TX 78702
$899,000
3 Bed 3 Bath 1,240 sqft $725/sqft Built 1922 0.09 acres 1-Car Garage Pool 2214 Garden Street Condo

Rare opportunity to own two beautifully designed residences on one property in the heart of East Austin’s coveted Holly District. Offering exceptional flexibility for investors, multigenerational living, owner-occupants, or those seeking income-producing opportunities, this unique property combines modern design with an unbeatable location.

The detached guest house offers approximately 952 square feet with two spacious bedrooms and two full bathrooms, featuring contemporary finishes, an open-concept layout, abundant natural light, and private living spaces ideal for long-term guests or rental use.

Complementing the guest house is a thoughtfully designed casita with loft space that provides endless possibilities as a private office, artist studio, guest retreat, short-term rental (subject to local regulations), or additional income-producing space.

Situated just moments from Lady Bird Lake, Roy G. Guerrero Park, Austin’s extensive hike-and-bike trail system, Oracle headquarters, downtown Austin, Michelin-recognized dining, coffee shops, breweries, and East Austin’s vibrant entertainment scene, this property offers the rare combination of lifestyle, flexibility, and long-term investment potential in one of Austin’s fastest-growing neighborhoods.

This unit can be purchased with Unit 2 which includes a luxury 2,520 SF, 3 story, 3 bedroom, 3.5 bathroom home.

At $725/sqft, this home is priced 85% 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

2214 Garden St #1, Austin, TX 78702

Property Details

Price $899,000
Status Active Listing
Beds 3
Full Baths 3
Half Baths ,
Living Area 1,240 sqft
Lot Size 0.09 acres (3,933.47 sqft)
Year Built 1922
Garage 1 spaces
Stories ,
Type Residential · Condominium
Subdivision 2214 Garden Street Condo
County Travis
Zip Code 78702
$/sqft $725/sqft
Days on Market ,
HOA None / verify with agent
Annual Tax Est. $12,413.2
Pool Yes
Waterfront ,
New Construction ,
MLS # ACT238031631
List Date July 9, 2026
Elementary School Sanchez
Middle School Martin
High School Eastside Early College
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
1131 Poquito St #A
11315 Poquito Condo Ame
$899,000 $578 3 bd / 3 ba 1,556 sqft , 2026-04-24
44 East Ave #1607
44 East Ave Condos
$899,000 $736 2 bd / 2 ba 1,221 sqft , 2026-07-06
2004 Griswold Ln
Ward & Treadwell
$899,000 $582 2 bd / 1 ba 1,544 sqft , 2026-07-09
3309 Larry Ln #2
Cherrywood
$899,990 $568 3 bd / 3 ba 1,584 sqft , 2026-07-23
808 Spence St #A&B
M K & T
$900,000 $587 4 bd / 5 ba 1,534 sqft , 2025-11-16

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
$4,315/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
$179,800
20% conventional investment loan

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

Estimated Gross Rent+$4,315
Principal + Interest−$4,906
Property Tax (~2.1% TX avg)−$1,573
Insurance (~0.5%)−$375
Est. Monthly Cash Flow $-2,539

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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